North American Dental Equipment Market Outlook and Cost Structure Till 2027
Market Overview
The most prominent area of healthcare is dental treatment. Some face the disorders like heart attack, kidney-related issues, etc but dental issues are faced by everyone irrespective of age. The dental conditions that affect the majority of the patients are dental caries and periodontal diseases. Dental equipment is an instrument used by a dental professional in dental treatment. Dental treatment Market includes tools required to examine the patient, manipulate, treat, restore, remove teeth or surrounding oral structures. Like all other markets, even the dental equipment market was affected by the pandemic situation COVID’19. Due to the strict imposition of lockdown by the respective governments, people were not encouraged to visit hospitals for dental treatment. The focus was mainly on treating COVID’19 and chronic emergency disorders related to lungs, heart, and kidney. All other diseases were either treated by doctors by giving online advice. However, since the pandemic is coming under control, there may be an increase in dental treatments, further boosting the dental equipment market. An increase in patients’ dental issues, increased number of patients with diabetes, increased demand for cosmetic surgery, etc. are the factors that drive the dental equipment market. The cost of dental equipment is so high that it directly or indirectly affects the cost of dental treatment. This may hinder the market growth.
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Market Segmentation
The dental equipment market can be segmented on product, treatment, end-user, and geography. According to the product category, the market can be further divided into general therapeutic equipment and diagnostics equipment, dental consumables, and other related dental devices. The diagnostic equipment includes extraoral imaging systems, intraoral imaging systems, and dental imaging software. In contrast, the general therapeutic segment includes dental operatory and treatment centre equipment, dental lasers, and general equipment. The dental consumables include implants, prosthetics, crowns, braces, dental impressions, etc., material. The market is divided based on periodontic, orthodontic, endodontic, and prosthodontic according to the treatment category. The segments like a hospital and clinics come end-users category. According to the geography category, the market is divided into North America, Europe, Asia-Pacific, and the rest of the world.
Regional Classification
According to the geography category, North America dominates the dental equipment market followed by Asia-Pacific. The prosthodontic segment in the treatment category has the largest share in the market. The therapeutic segment had the largest share in the market. When end-users are considered, dental hospitals dominate the market.
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Industry News
The global analysis of the dental equipment market reveals that the market size may reach 10,150 million USD by the end of 2026 at a CAGR of 4.6%. The huge investments made in research and development activities, technological advancements, increased awareness in developed countries, increased number of chronic patients are the factors that boost the dental equipment market. In contrast, the factors like the treatment cost, lack of awareness in developing or underdeveloped countries, lack of reimbursement facilities of dental care, etc. restrain the market growth. Focusing on these restraining factors will increase the market size in all aspects.
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