The global dental units market is expected to surge to USD 1,023.1 Million in 2032 as compared to USD 604.7 Million in 2022. The market is anticipated to exhibit a CAGR of 4.9% during the forecast period from 2022 to 2032. From 2016 to 2021, the industry displayed a CAGR of 4.5%.
Expansion of the market can be attributed to the increasing geriatric populace, rising medical tourism, and increasing cavity incidences, among others, are expected to benefit the industry in the coming time.
Report Attributes | Key Statistics |
---|---|
Expected Base Year Value (2021) | USD 576.4 Million |
Projected Market Value (2022) | USD 604.7 Million |
Anticipated Forecast Value (2032) | USD 1,023.1 Million |
Estimated Growth Rate (2022 to 2032) | 4.9% |
The introduction of advanced dental equipment by established players is expected to augment the market size in the forthcoming period. The innovative launch of equipment by players is projected to support the market growth. For instance, in November 2020, Unicorn DenMart Ltd., an India-based entity, launched a new dental chair. Such factors are expected to support the market growth in the forecast period.
As per the reports by FDI World Dental Federation, ailments associated with oral hygiene affected about 3.9 billion people across the globe. The situation is likely to generate significant demand for dental units in the coming time, which will boost the market revenue notably.
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The growing prevalence of dental disorders like periodontal diseases, tooth decay, dental crack, dental cavities, and gum diseases are expected to benefit the market during the forecast period. Another factor contributing to the market growth is the growing awareness of dental aesthetics and ongoing development in dental setups. Also, the growing number of dentists in developing didn’t is projected to offer significant market opportunities to the players in the coming time.
For instance, India has the second-largest number of dentists in the world. In 2020 the country achieved more than the ideal dentist to population ratio of 1: 5000 as against 1:7500 recommended by the World Health Organization. Attributed to such factors, the market is expected to expand significantly in the forecast period.
High costs associated with dental chairs and lack of awareness regarding oral health are expected to hamper the market growth during the forecast period. The cost of a dental chair ranges from USD 1,000 for the basic model, with the average model costing from USD 2,000 to 4,000 and premium chairs costing more than USD 8,000. Thus, the inability to afford the expensive is projected to play a significant role in limiting the market growth during the forecast period.
However, growing medical tourism in developing countries and increasing disposable income can counter the hampering causes and act as a significant opportunity for the market in the assessment period.
As per the analysis, the global dental units market is expected to dominate the market in the forecast period. The region is expected to garner about 37.8% of the global market share in 2022.
Domination of the region can be attributed to the awareness of oral hygiene among the population. As per American Dental Association, 85% of Americans value dental health and consider oral health an essential component of a healthy life. Further, strong medical infrastructure and well-established reimbursement policies are projected to support the market growth in the forecast period.
As per the analysis, Europe is projected to secure the second-largest market during the forecast period. As of 2022, the region is expected to secure 31.3% of the global market share.
The growth of the region can be attributed to the growing awareness of oral hygiene and the introduction of technologies like CAD/CAM for dental restoration procedures is anticipated to be another factor boosting the market growth during the forecast period.
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Emerging entities such as Clowak Innovations, Tend, One Medical, Smile Direct Club, Tend, UniCorn DenMart, Envista Holdings Corporation (Danaher) and SilverfoxDental, among others, are projected to make a significant contribution to developing the market during the forecast period. Aforementioned players are anticipated to make it big in the global dental units market, seeking to address key challenges involved in disbursing good quality dental care.
Key players in the global dental units market include Danaher Corporation, Takara Belmont Corporation, Midmark Corporation, Planmeca Oy, KaVo Group companies, Dentsply Sirona, Ritter Dental, SMTmax, Pelton & Crane, ULTRA DENT Dental-Medizinische Geräte GmbH & Co. KG, among others.
Recent Developments in the Industry include:
Report Attribute | Details |
---|---|
Growth Rate | 4.9% CAGR from 2022 to 2032 |
Market Value in 2022 | USD 604.7 Million |
Market Value in 2032 | USD 1,023.1 Million |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | USD Million for Value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Product Type, Chair Delivery System, End User, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa |
Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, GCC, South Africa, Israel |
Key Companies Profiled | Danaher Corporation; Takara Belmont Corporation; Midmark Corporation; Planmeca Oy; KaVo Group; Dentsply Sirona; Ritter Dental; SMTmax; Pelton & Crane; ULTRADENT Dental-Medizinische Geräte GmbH & Co. KG |
Customization Scope | Available upon Request |
The global dental units market is expected to secure a market value worth USD 1,023.1 Million during the forecast period
The global dental units market is anticipated to exhibit a CAGR of 4.9% during the forecast period
Danaher Corporation, Takara Belmont Corporation, and Midmark Corporation, are some of the eminent players in the global dental units market
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2016 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Hydraulic 5.2. Electromechanical Chairs 6. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Chair Delivery System 6.1. Over to the to patient Delivery 6.2. Over to the to head Systems 6.3. Rear Delivery System 6.4. Side Delivery System 7. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By End User 7.1. Hospitals 7.2. Dental Clinics 7.3. Academic & Research Institutes 8. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 12. Asia Pacific Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 13. MEA Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Takara Belmont Corporation 16.2. Danaher Corporation 16.3. Midmark Corporation 16.4. Planmeca Oy 16.5. Dentsply 16.6. SMTmax 16.7. Ritter Dental 16.8. ULTRADENT Dental to Medizinische Geräte GmbH 16.9. KaVo Group 17. Assumptions & Acronyms Used 18. Research Methodology
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