The accelerated demand for shorter procedure time, painless and non-invasive dental treatments have helped the dental lasers market enjoy a profitable run. With the changing lifestyles across the world and subsequent increase in the health awareness associated with dental care in the developing and developed regions, the global dental laser market is bound to grow at a healthy rate.
Other than this, factors like increasing technological advancements, growing instances of caries, gingivitis, and periodontics along with rising oral hygiene awareness are expected to bring in excellent business for the global dental lasers market share in the years ahead. The global dental lasers market also benefits from the continuously expanding middle-class global population as well as the fact that the cost of laser treatment is much lower compared to conventional dental surgeries.
In contrary, poor reimbursement policies could slow down the current growth rate of the global market in the near future. On the upside, the steadily growing geriatric population that is highly prone to dental disorders will work in favor of the dental lasers market. This factor will be beneficial for the market as aging makes an individual highly susceptible to tooth decay and gum diseases.
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Increasing focus on dental aesthetics, growing consumer awareness along with the expansion of dental tourism in developing regions has raised the popularity of cosmetic dentistry. Cosmetic dentistry has gained momentum in the dental lasers market has one of the most exciting trends in recent years. With more and more people focusing on their physical appearance and aesthetic appeal, this trend has gathered immense momentum over the past couple of years and is expected to stand the test of time.
Competitive Analysis
The top players operating in the dental lasers market include Biolase, Inc., AMD Lasers, Convergent Dental, Inc., Cao Group, Inc., Fotona D.D., Danaher Corporation- Kavo Dental GmbH, Millennium Dental Technologies, Inc., Ivoclar Vivadent AG, Syneron Dental Lasers-Syneron Medical Ltd., Sirona Dental Systems, Inc., Zolar Technology & MFG. Co. Inc., and The Yoshida Dental MFG. Co., Ltd.
Segmentation Analysis
The dental lasers market has been segmented based on Product, Application and End users.
- By Product, the dental lasers market is segmented into all tissue dental lasers and soft tissue dental lasers. Of these, the soft tissue dental lasers segment will expand at a significant pace due to rising incidences of soft tissue disorders like gingivitis periodontal disorders.
- The Application segment comprises oral surgery, endodontic treatment, peri-implantitis, implantology, periodontics, and others. Of these, the periodontics segment will gain prominence due to the surging number of periodontics and increasing the spending power of the consumers.
- The End users’ segment is segmented into ambulatory surgical units, hospitals & clinics, and academic & research organizations. Of these, the hospitals & clinics segment will gain prominence owing to the high availability of specialized physicians. Increased preferences for diagnosis and treatment at the clinics will further augment the market growth in the segment.
Regional Analysis
Based on the geographical distribution, the global dental lasers market is split among the regions of Europe, Asia Pacific, North America, and Middle East & Africa.
Spearheading the global dental lasers market is the region of North America, having been the dominating regional market in 2017. The factors backing the lucrative market development includes the rising prevalence of dental diseases along with high healthcare expenditure. Moreover, the availability of advanced dental lasers and well-established healthcare infrastructure along with a large base of highly skilled medical professionals in the region have led to the strong performance of the regional market.
After North America, Europe is the leading regional market in the global dental lasers market. High dental healthcare expenditure, rising penetration of industry participants and strong government support are striving to offer favorable avenues for the market within the region.
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Meanwhile, the Asia Pacific is predicted to grow rapidly in the coming years, as a result of the burgeoning geriatric population, growing awareness as well as the increasing preference for minimally invasive surgeries. Plus, the rapidly expanding dental industry as a whole has turned the region highly receptive to more development and expansion in the near future.
Among all the regions, the Middle East and Africa managed to grab hold of the least share of the global dental lasers market, with the abysmal state of the economy, low per capita income, poor healthcare characterized by lack of advanced healthcare facilities.
