Research and Markets, a market analysis company, has forecast the market for equipment in dental diagnosis and surgery will grow at a CAGR of 8.2% over the next 7 years. The global market is anticipated to attain a $12.7 billion value across the forecast period of 2021 to 2028.
Growth is expected as the number of cases of dental disease is on the rise across the globe. Cavities, xerostomia, and oral candidiasis are likely to increase in older patients. At the same time, patients are seeking treatments that are low pain and minimally invasive, if possible. Coupled with that, technologies have improved to allow for dental laser treatment, CBCT scanning, radiography, 3D imaging with CAD and CAM programs. 3D images have paved the way for better treatment planning and ability to create prosthetics.
By geography, North America led the market as patients are more aware of treatment, have high incomes, and seek focused treatment. By sector, dental surgical equipment took the largest share of revenue in 2020, and the expected frontrunner in revenue in 2020 was intra oral radiology.
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The increase is projected based on the high rate of dental caries, greater awareness of the importance of oral health, an increase in the number of DSOs and greater demand for cosmetic procedures.
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