Dental Equipment Market to expand by USD 12.73 Bn through 2023-2027| The impact of increasing prevalence of dental diseases and related risk factors boosting the market advancement
Dental Equipment Market is estimated to grow by USD 12.73 billion in revenue between 2022 and 2027 accelerating at a CAGR of 6.65% during the forecast period. The prevalence of several dental diseases, such as periodontal diseases, dental caries, and oral cancer is affecting people which in turn catalyzes the growth of the entire market for dentistry followed by the Dental Equipment Market.
The market is also witnessing a rising count of dentists and dental practitioners across the globe.
“As per the data shared by Global Dental Demographics in 2021, the total number of dentists in 73 countries was 703,947 globally and is expected to increase during the forecast period. The OECD reported that the number of practicing dentists in Japan increased from about 100 thousand in 2012 to over 107.5 in 2022.”
Dental Equipment Market at a Glance
Core companies of the Dental Equipment Market worth mentioning are 3M Co., A-dec Inc., Align Technology Inc., Alpha Bio Tec. Ltd., BEGO GmbH and Co. KG, BIOLASE Inc., Carestream Dental LLC, DentalEZ Inc., Dentsply Sirona Inc., Institut Straumann AG, GC Corp., etc that come with a wide variety of offerings
Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. When it comes to the geographic expansion of the market it is observed North America will be a significant contributor to the market advancement during the forecast period with a contribution of almost 42% to the growth of the global market with the US and Canada being the major revenue contributors. The rise in healthcare spending and the rise in the number of dentists and dental facilities are also driving market growth in this region.
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Technavio’s analysis of the dental equipment market also includes:
