Published on : May 03, 2016
The rising awareness about dental hygiene and increasing complexities of dental conditions are favoring growth of the global dental equipment market. Technological innovations at an unprecedented pace and the consistent development of a myriad treatment technologies have provided a strong groundwork for this market’s growth.
The systems and parts is the largest product segment of the dental equipment market. The product segment the dominated the market in 2011 due to an array of products and extensive applications of these products. In the same year, dental radiology stood as the second-largest product segment in this market. However, dental lasers that held a relatively small share in the overall market in 2011 is expected to display rapid growth due to their adoption for minimally invasive procedures.
Furthermore, periodontal diseases have reached acme with 75% of the population in the U.S. suffering from periodontitis and gum diseases. Out of these, the ones that receive delayed medical intervention are subject to restorative surgeries or medical implants for restoring function. Moreover, Baby Boomers are vulnerable to dental conditions such as loss of teeth, gum diseases, etc. due to damage over the years. With the Baby Boomers population to be 76.4 bn in the U.S. that enjoys large disposable incomes, the country will be at the forefront of the global market for dental equipment.
Due to the exorbitant costs of dental surgeries in countries such as the U.K. and the U.S., the demand for implant surgeries will be diminished in these countries in the near future. As such, several patients are traveling to countries that offer high quality services at low costs. Thus, the Asia Pacific market for dental equipment will display tremendous growth in the future. To cater to this, countries such as China, India, and Malaysia will display an ever-increasing demand for dental equipment.