Market Scenario
The global dental surgical devices market Trends is expecting a sound growth at a health CAGR of 11.2% during the forecasted period.
Increasing prevalence of dental problems is the primary factor in boosting the growth of the market. Unhealthy eating habits among individuals result in tooth problems such as tooth decay, gum disease, cavities, etc. induce high demand for screening and treatment which drives the market for dental surgical and diagnostics devices. Increased affinity for cosmetic dentistry is also a notable factor influencing the growth of the market.
The rapid increase in global geriatric population is likely to fuel the growth of the global dental surgical & diagnostics market. The elderly populace is at more risk of suffering from dental problems more frequently than other age groups which generate demand for surgical and diagnostics products.
The growing trend of dental tourism has been instrumental in shaping the growth of the global dental surgical and diagnostics devices market. Healthcare costs mounting to unreasonable peaks in developed countries have encouraged dental tourism in developing countries such as India which augments the growth of the market.
The market is further propelled by developments made in the field of dental surgical tools, innovations in products and developments in surgical techniques which are anticipated to push the market ahead over the forecast period. Dental laser, oral radiology and other significant developments achieved in the field of dentistry along with the development of minimally invasive procedures have spurred market growth.
However, the growth of the market is likely to deter by the high cost of development, and lack of proper reimbursement policies. Procedures such as cosmetic dentistry are not covered under health policies and remains a significant obstacle for the growth of the global dental surgical & diagnostics devices market.
Market Segmentation:
The global dental surgical & diagnostics devices market has been segmented based on product type, application, and end users. By product type, the market has been segmented into CAD/CAM systems, dental chairs, dental radiology devices, CBCT scanners, scaling units, dental lasers. The CAD/CAM systems segment has been further segmented into full in-lab systems, stand-alone scanners, and chair-side systems. The dental radiology devices market has been further segmented into Phosphor Storage Plates (PSP), digital x-ray, accessories, dental imaging devices. The dental lasers segment has been further segmented into soft tissue laser and all hard tissue laser market. The soft tissue laser sub-segment has been further segmented into gas laser, diode laser, and solid state lasers.
By application, the market has been segmented into bone abnormalities, cysts, fractures, reconstructive postmortem dental profiling, and comparative dental identification.
By end users, the market has been segmented into dentists, hospitals, and others.
Regional Analysis
America dominates the global dental surgical instrument owing to the presence of the huge geriatric population and continuously increasing patient number. According to the National Institute of Dental and Craniofacial Research (2016), in America, 80% of the adults aged 20 - 64 years have dental cavity or tooth decay. According to the Centers for Disease Control and Prevention (2015), 50% American adults aged over 30 have periodontal diseases. Furthermore, high spending on healthcare and well-developed infrastructure have also help in the growth of the market. Europe holds the second position in the global market followed by Asia Pacific. Asia Pacific is the fastest growing market due to the presence of the huge opportunities, rising population base, increasing awareness about the dental care, and oral health hygiene, and continuously increasing demand. However, the Middle East and Africa accounts for the least market share.
Some of the major players in the market are 3M (US), A-dec Inc. (US), Carestream Health (US), Danaher (US), American Medicals (US), Dentsply Sirona. (Germany), Ivoclar Vivadent, Inc. (Liechtenstein), Hu-Friedy Mfg. Co., LLC (US), PLANMECA OY (Finland), Midmark Corp. (US), KaVo Kerr (US), GC Corporation (Japan), DCI (US).
The global dental surgical & diagnostic devices market is experiencing extreme competition due to major companies are focusing on the development of new and advances devices to overcome the disadvantages of present available devices. Some major has adopted strategies of acquisitions and strategic alliances for the growth of the market.
3M is the American multinational company focuses on the manufacturing and distribution of the number of different products. The company manufacture number of products such as dental and orthodontic products, medical products, personal protective equipment, electronic materials, and many more. Filtek, Clinpro, ESPE Peridex, Protemp Plus, and Scotchbond.
Carestream Health, headquartered in Canada, is one of the largest corporations in Canada and involved in manufacturing of the different dental surgical and diagnostic devices such as radiology department products, medical printing products, healthcare it products.
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