The global dental equipment market was surpassed at USD 10.65 billion in 2022 and is expected to hit around USD 19.44 billion by 2032, growing at a CAGR of 6.2% from 2023 to 2032.
Key Pointers
Report Coverage | Details |
Market Size in 2022 | USD 10.65 billion |
Revenue Forecast by 2032 | USD 19.44 billion |
Growth rate from 2023 to 2032 | CAGR of 6.2% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Covered | A-Dec Inc.; Planmeca Oy; Dentsply Sirona; Patterson Companies Inc.;Straumann; GC Corp.; Carestream Health Inc.; Biolase Inc.; Danaher Corp.; 3M ESPE |
Dental equipment are tools used to examine, manipulate, treat, and restore any oral ailments. Factors, such as the increasing geriatric population suffering from oral diseases, evolving medical tourism pertaining to dental treatment, and the launch of multiple government initiatives for public oral health care, are expected to drive the industry. Furthermore, the introduction of advanced and efficient dental products by major companies is also creating a boost for the market.
Companies like DENTSPLY Sirona, Planmeca Oy, and Danaher Corp., are introducing advanced computer-aided imaging technology that will allow professionals to prepare a precise course of dental treatment. However, the advent of the COVID-19 pandemic has hugely affected the overall dental and oral hygiene industry. Routine dental care was largely unavailable during the pandemic, as many dental practices were forced to close as they were deemed elective procedures. The continuous operation and long-term survival of many dental practices are also threatened by the economic and social challenges arising due to care restrictions, practice closures, and shortages of Personal Protective Equipment (PPE), as well as the need of investing in new types of PPE and technology.
While many practices and clinics worldwide re-opened in 2021, the market recovered soon, as there are numerous concerns about the availability of dental services and ensuring the safety of dentists and dental teams. A review article published by The Journal of Contemporary Dental Practice stated that COVID-19 is expected to be a watershed moment in the field of dentistry. While the industry expected to see positive changes in the safe delivery of dental care, an increase in the cost of availing care is imminent. According to the FDI World Dental Federation, oral diseases impact 3.9 billion people worldwide, with untreated tooth decay (dental caries) impacting more than half of the global population (44%), making it the most prevalent of all the 291 conditions included in the Global Burden of Disease Study.
Market Segmentation