Mergers and Acquisitions is One of the Key Strategies Adopted by Leading Market Players Operating in the Global Dental Syringes Market
In 2015, the global dental syringes market was dominated by Septodont (U.S.), 3M Company (U.S.), and Dentsply International Inc. (U.S).
Septodont held the leading position in the dental syringes market, in 2015. The company offers a wide range of dental syringe products (such as Aspiject, Ultra Safety Plus XL, and R.T.R. Syringe) across the globe. The company adopted acquisitions as its key strategy to maintain its position in the market. For instance, the company acquired DLA, an injectable dental anesthetic manufacturing plant of Dentsply International, Inc. in 2016. The company has a strong brand position in the North American market and possesses a strong product portfolio for dental products that spans across dentin restoration, endodontics, and dental surgeries.
3M Company is one of the leading players in the dental syringes market. A strong brand image, significant financial strength for R&D activities, a broad customer base, and a wide geographic reach are the key factors contributing to its large share in this market. The company has consolidated two of the Healthcare businesses, dental and orthodontics, into a single oral care solutions business. Through a partnership, the company offers its customers a full suite of oral care innovations. The company is also engaged in R&D activities with an aim to develop novel products and improve its existing product line & processes. In 2015, the company invested approximately USD 1.76 billion in R&D activities.
During 2013-2016, a majority of the leading players adopted strategies such as mergers and acquisitions, product launches, expansions, and collaborations to maintain or strengthen their position in the market. The market players are also focusing on increasing their product portfolios by expanding their production capabilities and distribution networks to cater to the growing demand for dental syringes. Other players operating in the dental syringes market are Integra LifeSciences Corporation (U.S.), Vista Dental Products (U.S.), Power Dental USA, Inc. (U.S.), 4tek S.r.l (Italy), A. Titan Instrument Inc. (U.S.), Delmaks Surgico (Pakistan), and Acteon (U.K.).
Related Reports:
Dental Syringes Market by Product (Non-disposable Syringes, Disposable Syringes and Safety Syringes), Type (Aspirating & Non-aspirating), Material (Plastic and Metallic), Region (North America, Europe , Asia-Pacific, and RoW) - Forecast to 2021
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