Description

Global Dental Equipment Market was valued at USD 6.3 billion in 2020 and is anticipated to grow at USD 8.9 billion by 2027, recording a CAGR of 7.8% during the forecast period 2021-2027. Dental Equipment Market is used in the diagnosis and treatment of dental conditions such as periodontal disease, dental caries, and dental deformities. Most commonly used dental equipment include dental probes, dental mirrors, dental burs, and dental drills. Dental equipment is also used to extract the tissues and the teeth. These equipment are used by only the skilled dental professionals and dental practitioners. Dental Equipment Market is growing at a significant CAGR owing to the availability of the skilled dental practitioners and clinics. Increase in the prevalence of various dental diseases due to high consumption of tobacco and alcohol, and rising dental cavities (according to WHO, 60-90% of children and more than 90% of adults are suffering from dental cavities) are anticipated to upsurge in the dental equipment market. Acquisitions and mergers, collaborations, product approvals, and product launches are some key strategies followed by the companies to increase their revenue in the market. For instance, in March 2017, Solvay has entered into medical equipment business line by launching Solvay Dental 360 used to replace metal in the removed partial dental frames. In addition, in April 2017, Zimmer Biomet Holdings, Inc. collaborated with NovaBone Products, LLC for the distribution of NovaBone dental putty in more than 40 countries. In August 2017, Aster Labs, Inc. and School of Dentistry have collaborated to develop the novel dental equipment for adults. In May 2017, Knight Dental Group, Inc. has acquired York Dental Laboratory, Inc. for strengthening its business in North Eastern US

 

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