26 January 2023

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Dental equipment market to be worth $17B by 2030: Grand View Research, Inc.

Katherine E. Pfaff

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The global dental equipment market size is expected to reach $17.1 billion by 2030, according to a new report by Grand View Research, Inc.. This increase registers a CAGR of 6.2% over the forecast period, according to a news release. 

Dental equipment tools help with an oral health diagnosis, care and maintenance and allow practitioners to plan a precise course of action. Supportive government efforts for oral health, an increase in medical tourism for dental operations and the incidence of dental problems all contribute to the industry's growth. 

Dental systems and parts became the largest product segment in 2022 since the equipment is used for digital imaging and diagnosis of dental ailments. Dental lasers are expected to witness the highest CAGR during the forecast period due to the use in surgical and teeth-whitening procedures.

By geography, North America dominated the global market in 2022 based on its high demand for new technologies, high rate of dental disease, and established healthcare infrastructure.

According to estimates published by the United Nations in 2019, there were 703 million people 65 years or older globally, and the number of older individuals is projected to double to 1.5 billion by 2050. The rising prevalence of various oral conditions in the geriatric population is likely to increase the demand for preventive, restorative and surgical services in the future. According to the American Dental Association, 85% of individuals in the U.S., value dental health and consider it an essential aspect of overall care.

Learn more about the report on the company’s website.