Dental Surgical & Diagnostic Devices Market Analysis
The global dental surgical & diagnostics devices market is eyeing for an impressive CAGR of 11.2% over the forecast period of 2017-2013, reveals Market Research Future (MRFR) in a minutely analyzed research report.
Increasing prevalence of dental problems is the primary factor in boosting the growth of the market. Unhealthy eating habits among individuals result in tooth problems such as tooth decay, gum disease, cavities, etc. induce high demand for screening and treatment which drives the market for dental surgical and diagnostics devices. Increased affinity for cosmetic dentistry is also a notable factor influencing the growth of the market.
The rapid increase in global geriatric population is likely to fuel the growth of the global dental surgical & diagnostics market. The elderly populace is at more risk of suffering from dental problems more frequently than other age groups which generate demand for surgical and diagnostics products.
The growing trend of dental tourism has been instrumental in shaping the growth of the global dental surgical and diagnostics devices market. Healthcare costs mounting to unreasonable peaks in developed countries have encouraged dental tourism in developing countries such as India which augments the growth of the market.
The market is further propelled by developments made in the field of dental instruments, innovations in products and developments in surgical techniques which are anticipated to push the market ahead over the forecast period. Dental laser, oral radiology and other significant developments achieved in the field of dentistry along with the development of minimally invasive procedures have spurred market growth.
However, the growth of the market is likely to deter by the high cost of development, and lack of proper reimbursement policies. Procedures such as cosmetic dentistry are not covered under health policies and remains a significant obstacle for the growth of the global dental surgical & diagnostics devices market.
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Dental Surgical & Diagnostic Devices Market Segmentation
The global dental surgical & diagnostics devices market has been segmented based on product type, application, and end users. By product type, the market has been segmented into CAD/CAM systems, dental chairs, dental radiology devices, CBCT scanners, scaling units, dental lasers. The CAD/CAM systems segment has been further segmented into full in-lab systems, stand-alone scanners, and chair-side systems. The dental radiology devices market has been further segmented into Phosphor Storage Plates (PSP), digital x-ray, accessories, dental imaging devices. The dental lasers segment has been further segmented into soft tissue laser and all hard tissue laser market. The soft tissue laser sub-segment has been further segmented into gas laser, diode laser, and solid state lasers.
By application, the market has been segmented into bone abnormalities, cysts, fractures, reconstructive postmortem dental profiling, and comparative dental identification.
By end users, the market has been segmented into dentists, hospitals, and others.
Dental Surgical & Diagnostic Devices Market Regional Analysis
The Americas, Europe, Asia Pacific, and the Middle East & Africa are the key markets for dental surgical & diagnostics devices. The Americas are at the forefront of the global dental surgical & diagnostics market. Presence of a vast pool of geriatric population, high expenditure on healthcare and well-developed healthcare infrastructure supports the growth of the market.
Europe is the second largest market for dental surgical & diagnostics devices driven by the outlay of massive amounts on the development of healthcare infrastructure.
Asia Pacific follows Europe closely and is slated to emerge as the fastest growing market. The Asia Pacific market stores ample growth opportunities owing to the presence of enormous population base, increasing awareness and growth of dental tourism in the region.
The Middle East & Africa market accounts for the least share of the market and is expected to exhibit sluggish growth over the forecast period.
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Dental Surgical & Diagnostic Devices Market Competitive Landscape
A-dec Inc. (US), KaVo Kserr (US), Midmark Corp. (US), PLANMECA OY (Finland), American Medicals (US), Carestream Health (US), DCI (US), 3M (US), Danaher (US), GC Corporation (Japan), Hu-Friedy Mfg. Co., LLC (US), Ivoclar Vivadent AG (Liechtenstein), and Dentsply Sirona. (Germany) are the notable players operating in the dental surgical & diagnostics devices market.