The global dental equipment market is projected to reach 8.7 billion in 2027 from USD 6.5 billion in 2022, at a CAGR of 6.1% between 2022 and 2027.
The key factors driving the growth of the dental equipment market include increasing incidence of dental disorders, and rise in dental tourism in emerging countries. On the other hand, dental imaging devices are expensive which hampers affordability and impedes the market growth.
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Major players take to inorganic strategies, like acquisitions and partnerships, and organic strategies, like expansions and product launches to grow in the dental equipment market.
DENTSPLY SIRONA Inc,
DENTSPLY SIRONA Inc, is a leading player in the market. DENTSPLY SIRONA offers various advanced technologies as well as products. The company focuses on growth and strategise accordingly. For instance, in June 2021, the company acquired Propel Orthodontics (US), which is a leading innovator, manufacturer and worldwide seller of orthodontic devices . The acquisition helped the company to enhance and create better opportunity in the orthodontic segment in the market.
Align Technology Inc.
Align Technology Inc., is another leading player in the market. The major end users of the company’s products include academic and research institutes, dental clinics and hospitals. The company sells its products through direct sales force to different parts of the globe. The company enhances its geographical presence by continuously involving in investments. For instance in 2021 the company opened new office in Israel to support long term growth of its products including scanners and sensors. Align technology mostly operates across four major geographies— Europe, North America, Latin America, APAC and Middle East and Africa region.
Dental Equipment Market by Product (Therapeutic (Dental chairs, Dental Units, CAD/CAM, Casting Machines, Dental Lasers, Nd:YAG lasers, Carbon dioxide Lasers), Diagnostic (Dental Imaging, CBCT)), End User (Hospitals & Clinics) - Global Forecasts to 2027
Mr. Aashish Mehra
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