The global dental equipment market is expected to reach USD 8,453.7 million by 2020, according to a new study by Grand View Research Inc. Growing demand for dental tourism in emerging Asian markets, increasing adoption rates of advance technologies such as CAD/CAM enabling expedited manufacturing of dental prosthetics and the presence of robust reimbursement frameworks in North America are expected to be primary growth drivers for the market over the next six years. Increasing prevalence of dental disorders in developed markets with high patient awareness levels such as North America and Europe are expected to have a positive impact on market growth over the forecast period.
The report “Dental Equipment Market Analysis And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/dental-equipment-market
Further Key findings from the study suggest:
• The dental systems and parts product segment dominated the overall market and was valued at USD 2,206.2 million in 2013, owing to high usage rates of instrument delivery systems and growing market penetration rates of cone beam CT systems and CAD/CAM. Cone beam CT systems offer lower exposure risks and render higher quality images and the precision attained in dental prosthetics via the use of CAD/CAM technology are some of the factors responsible for their growing market penetration rates. • The global dental lasers market is expected to grow at the fastest CAGR of 8.5% from 2014 to 2020, on account of the increasing demand for cosmetic and minimally invasive surgical procedures • North America was the largest regional market and was valued at USD 2,409.7 million in 2013. The presence of high prevalence rates of dental caries, sophisticated healthcare infrastructure, high patient awareness levels and robust reimbursement framework in the U.S. and Canada are some of factors accounting for its large...
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