Sellbyville, DE -- (SBWIRE) -- 02/06/2019 -- The Dental Equipment and Consumables Market is set to exceed USD 32 billion by 2024; according to a new research report by Global Market Insights.

Technological advancements in dental equipment will positively impact dental equipment and consumables market. Usage of X-rays, lasers, intraoral cameras and CAD/CAM technology for detection of various dental problems will escalate the demand for dental equipment's. For instance, laser dentistry is less invasive procedure that can serve as an alternative to other procedures. Moreover, technologies such as air abrasion, intraoral scans and dental implants further stimulate the market demand, thereby increasing industry revenue.

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Consumables segment led global dental equipment and consumables market with a market share of 64.2% in 2017. There is large demand for dental prosthetics, endodontics products along with dental syringes and anaesthetics due to growing prevalence of cavities, tooth decay and dental caries. In addition, technological advancements in syringes will augment the segment growth in coming years. Dental prosthetics is estimated to grow with a CAGR 7.0% from 2018 to 2024, owing to greater benefits with respect to patient comfort. Due to increased convenience to patient offered by removable prosthetics, this segment will witness considerable business growth till 2024.

Dental equipment segment will witness 5.3% CAGR owing to technological advancement such as CAD/CAM technology that favours better and faster treatment. For instance, dental electrosurgical systems are largely being used for accelerating procedures such as root canals, restorations and other dental procedures. Aforementioned factors will stimulate segment growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- A-dec Inc.
- BIOLASE, Inc.
- Carestream Dental
- Danaher Corporation
- Dentsply Sirona
- GC Orthodontics America Inc.
- Henry Schein
- Kerr Corporation
- Midmark Corporation
- Patterson Companies
- Straumann Australia
- Zimmer Biomet Dental
- AMD LASERS, an AMD GROUP LLC company

Dental clinics segment accounted for 38.7% overall market share in 2017 and is anticipated to grow during the forecast timeline owing to better healthcare infrastructure coupled with rising patient pool. Growing number of dental facilities coupled with rising patient pool will drive dental clinics segment size. Increase in number of patients undergoing dental treatment due to cost-effective dental tourism will favour segmental growth. Moreover, growing awareness among people about importance of dental treatment will further drive segment over forecast timeframe.

Ambulatory surgical centres segment is anticipated to witness highest CAGR of 6.8% over the forecast period. The growth is credited to availability of sophisticated technologies such as dental X-rays, lasers, CAD/CAM technology and intraoral cameras. Also, advantages such as reliability, safety and improved quality along with convenience for paediatric patients will foster growth of dental equipments and consumables in ambulatory surgical centres till projected timeline.

Why the U.S. has turned out to be a major hub for dental equipment & consumables market
It has been observed that most of the developed economies have been witnessing a massive spike in the number of dental surgeries and implants lately, thereby leading to a rise in the demand for high quality dental components. As per the American College of Prosthodontics, over 36 million Americans do not have any teeth, while 120 million of the U.S. populace are missing at least one tooth. These statistics bear evidence to the fact that the United States would continue to remain a major hub for dental equipment & consumables market in the years ahead.

The United States is also home to a host of dental disorders, ranging from oral cancers and hygiene issues to Periodontitis disease and gum inflammation. As per the National Cancer Institute, one American succumbs to death due to oral cancer every hour of every day, and only 50% of the diagnosed subjects will survive more than five years. Furthermore, the geriatric population in the country, vulnerable to numerous dental problems, has been on a rise lately, providing further impetus for the growth of dental equipment & consumables industry size.

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Chapter 3. Dental Equipment and Consumables Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2024

3.3. Industry impact forces

3.3.1. Growth drivers

3.3.1.1. Growing occurrence of oral health problems and dental disorders

3.3.1.2. Technological advancements in CAD/CAM

3.3.1.3. Rising elderly population

3.3.1.4. Increasing demand for cosmetic dentistry

3.3.1.5. Increasing dental tourism in developing countries

3.3.2. Industry pitfalls & challenges

3.3.2.1. Excessive cost of treatment

3.3.2.2. Usage of refurbished equipment

3.3.2.3. Dearth of dentists in developing countries

3.4. Regulatory landscape

3.4.1. U.S.

3.4.2. Germany

3.4.3. Brazil