According
to a new market report published by Transparency Market Research
"Dental Equipment Market (Dental Extraoral & Intraoral
Radiology, Dental Lasers, Cone Beam CT Systems, Laboratory Machines,
Hygiene Maintenance Devices, Chairs and Light Cure Equipment) -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2012 - 2018," the global dental equipment market was valued at
USD 5.5 billion in 2011 and is expected to grow at a CAGR of 4.7%
from 2012 to 2018, to reach an estimated value of USD 7.6 billion in
2018.
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the Dental
Equipment Market Research Report with complete TOC at
http://www.transparencymarketresearch.com/dental-devices-market.html
The
market growth is majorly attributed to the advancement in diagnostic
and treatment technologies such as dental lasers, leading to faster
healing, minimal pain, reduced chair time and more precise diagnosis.
In addition, growing global awareness about the role of dentistry in
aesthetics coupled with increasing disposable income of patients is
also positively impacting the growth of the dental equipment market.
The trend of patients migrating to developing countries such as
India, in search of better and cheaper dental treatment, referred to
as dental tourism, is also fostering growth of the market.
Rising
disposable incomes of patients coupled with growing dental care
awareness will drive the dental equipment market in the developing
Asian countries. In case of developed regions of North America and
Western Europe, market growth will be driven mainly by the aging
population possessing a desire to retain natural tooth structure.
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In
2011, North America was the leader in terms of market share and is
expected to maintain its leadership position till 2018. This can be
attributed to the rapid adoption of advanced technologies such as
CAD/CAM, along with a relatively higher dental health conscious
population. However, the European market is expected to grow at the
highest CAGR of over 5% from 2012 to 2018. Factors such as aging
population in Western Europe and migration of patients from Western
Europe to Eastern Europe for availing affordable dental treatments
will be responsible for the higher growth rate.
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all Medical Devices Market Research Reports@
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Dental
systems & parts held majority share of the market in 2011 at 35%
due to its wide range of applications useful in the various steps of
dental treatments, such as diagnosis using cone beam CT systems and
treatment using instrument delivery systems, electrosurgical
equipments, vacuum and compressors. Within the global dental systems
and parts market, cone beam CT systems are expected to be the fastest
growing product type. This is because these systems utilize a focused
x-ray generation mechanism which causes lesser exposure to radiation
than their conventional counterparts. In addition, the resultant
image is more precise and has better diagnostic value.
The
rapid adoption of dental lasers which are capable of making dental
procedures practically painless, thereby increasing patient
compliance, makes global dental lasers the fastest growing segment of
the overall dental equipment market.
Danaher
Corporation led the market in terms of market share in 2011 due to
its extensive product portfolio and its wide presence in the
developed North American and European regions. Some other key players
in this market include Sirona Dental Systems, A-dec Inc., CareStream
Health, GC Corporation, Planmeca Oy, and Biolase, Inc.
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