Major factors driving the market studied include shifting dynamics of patients choice and an increase in the demand for cosmetic dentistry. During the past decade, there has been a significant increase in the expenditure on cosmetic dentistry.
In China, in the past few years, a significant increase in the expenditure on cosmetic dentistry has been observed. The 15th International Congress of Esthetic Dentistry in China, in May 2018, gathered more than 1,500 dental professionals. Increased cooperation between China and Europe, in terms of innovative technologies used for dental treatments, is expected to improve the market for dental devices in China.
The shifting dynamics of the industry is largely due to the patient s choices, which have moved from mere hygiene to definite image enhancement. The introduction and application of two significant concepts, biomimetic and biocompatibility have set the stage for the future of the cosmetic dentistry industry. The former is all about mimicking nature, which will ensure that the procedures used are 100% natural as well as virtually impossible to identify any dental work.
Cosmetic dentistry is not only about aesthetics but also about dental health and function, which is a major concern among patients. The cosmetic dentistry specialists are experienced in the treatment of conditions, such as facial injuries and trauma. A combination of these trends acts as a driver for the growth of the market studied.
Key Market Trends
Prosthodontic is Expected to Have the Highest Market Share in the Treatment Segment
In the treatment segment of the market, prosthodontic is anticipated to have the largest market share, during the forecast period. As prosthodontic dentistry has numerous count of tools that are used for dental corrections, there is a wide application of prosthodontic equipment. There is an increasing demand for dental prostheses in China. This is majorly due to the rising number of people getting older. Another factor that is augmenting the growth of prosthodontic equipment is an increase in the attention given to the appearance, by people, making them compulsive to go for prostheses in case of dental issues that require one.
Owing to the aforementioned factors, the prosthodontic segment of the dental equipment market is expected to grow.
The dental equipment market is moderately competitive. 3M, Carestream Health Inc., Biolase Inc., Dentsply Sirona, and Straumann Group are some of the key players of the market. The market also enjoys the presence of a few smaller companies that hold a substantial share of the market.
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Ageing Population
4.2.2 Increasing Demand for Cosmetic Dentistry
4.2.3 Increasing Incidence of Dental Diseases
4.3 Market Restraints
4.3.1 Increasing Cost of Surgeries
4.3.2 Lack of Proper Reimbursement of Dental Care
4.4 Porter s Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 General and Diagnostics Equipments
184.108.40.206 Dental Lasers
220.127.116.11.1 Soft Tissue Lasers
18.104.22.168.2 All Tissue Lasers
22.214.171.124 Radiology Equipment
126.96.36.199 Dental Chair and Equipment
188.8.131.52 Other General Diagnostics Equipments
5.1.2 Dental Consumables
184.108.40.206 Dental Biomaterials
220.127.116.11 Dental Implants
18.104.22.168 Crowns and Bridges
22.214.171.124 Other Dental Consumables
5.1.3 Other Dental Devices
5.2 By Treatment
5.3 By End-User
5.3.3 Other End-Users
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.2 Straumann Group
6.1.3 Carestream Health Inc.
6.1.4 Danaher Corporation
6.1.5 Dentsply Sirona
6.1.6 Planmeca OY
6.1.7 GC Corporation
6.1.8 Biolase Inc.
6.1.9 Nissin Dental Products Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS