01 December 2022

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Dental services market to exceed $11B by 2028

Katherine E. Pfaff

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The dental equipment market was estimated at $6.48 billion in 2021 and is projected to reach $11.1 billion by 2028, according to a report by Brandessence Market Research and Consulting Private Limited. The sector’s growth across the timeframe is expected to reach a Compound Annual Growth Rate (CAGR) of 7.93%.

Growth is expected due to demand for cosmetic dentistry and expansion of emerging markets worldwide, according to a news release. The market is also expected to grow based on the need for dental equipment such as tools needed to examine, treat and restore teeth following dental disease.

Some of the major companies in the global dental equipment market are Planmeca Oy, A-Dec Inc., Patterson Companies Inc, Dentsply Sirona, GC Corporation, Straumann, Biolase Inc., Danaher Corporation, Carestream Health Inc and 3M EPSE.

When viewing the market by segment, the dental systems and parts segments will hold the greatest share of the market’s growth moving forward. The segments include dental radiology equipment, dental systems, dental lasers and parts and hygiene maintenance devices.

The continued drive in research and development of increased technology will augment this growth, according to the news release. Specifically, growth due to R&D is expected in instrument delivery systems, compressors, cone beam CT systems and electrosurgical equipment.

Get a sample of the report: https://brandessenceresearch.com/requestSample/PostId/264