Global Dental Surgical Equipment Market 2019-2023

Global Dental Surgical Equipment Market 2019-2023

About this market

The rising number of dentists and dental practices is one of the critical factors that will trigger the growth of the global dental surgical equipment market. The number of practicing dentists in several developed as well as developing countries is steadily increasing. This is attributed to the increase in the number of dental schools, a rise in financial aid programs for dental students, and the demand for dental services. Also, demand for dental practitioners is mainly attributed to the rising prevalence of dental diseases, coupled with the awareness about the importance of oral health. The number of dental facilities worldwide is also on the rise. Technavio’s analysts have predicted that the dental surgical equipment market will register a CAGR of nearly 6% by 2023.

Market Overview

Favorable reimbursements and tax benefits

Many countries offer dental services for free or at subsidized costs. Countries such as Austria, Mexico, Poland, Spain, and Turkey cover the total cost of dental services. In Denmark, the NHS is funded through general taxation and provides children up to the age of 18 years with free dental care through their schools. Many countries, such as the US, offer tax deductions to dental professionals and clinics on the purchase of new dental equipment. In the US, Section 179 of the Internal Revenue Service (IRS) tax code allows businesses such as dental practices to deduct the full purchase price of qualifying equipment and software. If the dental practice purchases or leases qualifying equipment, it can deduct the total purchase price from its gross income. Thus, the availability of favorable reimbursements, subsidies, and tax benefits for the purchase of new dental equipment will increase the adoption of dental surgical equipment.

Intense competition among vendors

The global dental surgical equipment market is highly competitive due to the presence of several regional and global vendors. Leading vendors offer a broad range of products, as they have the required financial, technical, and marketing resources, sizeable geographical coverage, and strong distribution channels, and make significant investments in R&D. Many dental hospitals and clinics in developing countries have low awareness about advanced dental surgical equipment and do not have the capital required to purchase such equipment. Hence, they prefer local vendors that offer dental equipment at a lower cost. This will put pressure on critical vendors to reduce the price of their products, which will impact the market profitability negatively.

For the detailed list of factors that will drive and challenge the growth of the dental surgical equipment market during 2019-2023, view our report.

Competitive Landscape

The market appears to be highly concentrated. The presence of few companies, including 3M Co. and Danaher Corp. makes the competitive environment quite intense. Factors such as the growth in the number of dentists and dental practices and the favorable reimbursements and tax benefits will provide considerable growth opportunities to the dental surgical equipment manufacturers. Dentsply Sirona Inc., Institut Straumann AG, and Planmeca Group. are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Dental Surgical Equipment Market 2019-2023

Technavio recognizes the following companies as the key players in the global dental surgical equipment market: 3M Co., Danaher Corp., Dentsply Sirona Inc., Institut Straumann AG, and Planmeca Group.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the technological advances and new product launches.”

According to the report, one of the major drivers in this market is the increasing prevalence of dental diseases and related risk factors.

Further, the report states that one of the major factors hindering the growth of this market is the high cost of dental equipment.

Companies Mentioned

3M Co.

Danaher Corp.

Dentsply Sirona, Inc.

Institut Straumann AG

Planmeca Group

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global medical devices market
      • Table Segments of global medical devices market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Dental systems and equipment - Market size and forecast 2018-2023
      • Table Dental systems and equipment - Market size and forecast 2018-2023 ($ millions)
      • Table Dental systems and equipment - Year-over-year growth 2019-2023 (%)
    • Dental lasers - Market size and forecast 2018-2023
      • Table Major types of all-tissue dental lasers
      • Table Dental lasers - Market size and forecast 2018-2023 ($ millions)
      • Table Dental lasers - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • Asia - Market size and forecast 2018-2023
      • Table Asia - Market size and forecast 2018-2023 ($ millions)
      • Table Asia - Year-over-year growth 2019-2023 (%)
    • ROW - Market size and forecast 2018-2023
      • Table ROW - Market size and forecast 2018-2023 ($ millions)
      • Table ROW - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Number of practicing dentists during 2005-2016 in different countries
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Technological advances and new product launches
    • Growing adoption of 3D printing technology by dental professionals
    • Strategic collaborations and M&A
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • 3M Co.
      • Table 3M Co. - Vendor overview
      • Table 3M Co. - Business segments
      • Table 3M Co. - Organizational developments
      • Table 3M Co. - Geographic focus
      • Table 3M Co. - Segment focus
      • Table 3M Co. - Key offerings
      • Table 3M Co. - Key customers
    • Danaher Corp.
      • Table Danaher Corp. - Vendor overview
      • Table Danaher Corp. - Business segments
      • Table Danaher Corp. - Organizational developments
      • Table Danaher Corp. - Geographic focus
      • Table Danaher Corp. - Segment focus
      • Table Danaher Corp. - Key offerings
      • Table Danaher Corp. - Key customers
    • Dentsply Sirona Inc.
      • Table Dentsply Sirona Inc. - Vendor overview
      • Table Dentsply Sirona Inc. - Business segments
      • Table Dentsply Sirona Inc. - Organizational developments
      • Table Dentsply Sirona Inc. - Geographic focus
      • Table Dentsply Sirona Inc. - Segment focus
      • Table Dentsply Sirona Inc. - Key offerings
      • Table Dentsply Sirona Inc. - Key customers
    • Institut Straumann AG
      • Table Institut Straumann AG - Vendor overview
      • Table Institut Straumann AG - Business segments
      • Table Institut Straumann AG - Organizational developments
      • Table Institut Straumann AG - Geographic focus
      • Table Institut Straumann AG - Segment focus
      • Table Institut Straumann AG - Key offerings
      • Table Institut Straumann AG - Key customers
    • Planmeca Group
      • Table Planmeca Group - Vendor overview
      • Table Planmeca Group - Business segments
      • Table Planmeca Group - Organizational developments
      • Table Planmeca Group - Key offerings
      • Table Planmeca Group - Key customers
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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