Dental Surgical Instruments Market by Product (Handheld Instruments, Laser, Dental Handpiece, Ultrasonic Instruments, Consumables), Therapeutic Area (Restorative Dentistry, Orthodontics), Patient Care Setting (Clinic, Hospital) - Global Forecast to 2023
The dental surgical instruments market is projected to reach to USD 5.96 billion by 2023 from estimated USD 4.48 billion in 2018 at a CAGR of 5.9%. Factors such as the rising incidence of dental diseases, increasing demand for cosmetic dentistry, increasing number of dental practitioners and dental clinics, and growing dental expenditure are expected to drive market growth during the forecast period. Growing dental tourism in emerging markets are expected to present growth opportunities for players in this market. However, the high cost of dental surgical instruments and limited reimbursement for dental surgeries may hinder the growth of this market to a certain extent.
The dental lasers segment is expected to grow at the highest CAGR during the forecast period
On the basis of type of surgical instruments, the dental surgical instruments market is segmented into handheld instruments, handpieces, lasers, electrosurgical systems, and ultrasonic instruments. The dental lasers segment is expected to witness the highest growth during the forecast period. The growth of this segment is attributed to the growing adoption of lasers in various dental surgical procedures and the development of technologically advanced lasers in the dental industry.
The restorative dentistry is projected to witness the highest growth during the forecast period
Based on therapeutic area, the dental surgical instruments market is classified into restorative dentistry, orthodontics, endodontics, and other therapeutic areas. The restorative dentistry segment is expected to grow at the highest CAGR during the forecast period. The increasing prevalence of dental diseases (dental caries and edentulism), rising demand for advanced cosmetic dental procedures, growing adoption of dental implants, growing dental tourism, and increasing dental expenditure are some of the factors driving the demand for restorative dentistry.
The clinics segment is expected to grow at the highest CAGR during the forecast period
On the basis of patient care setting, the dental surgical instruments market is segmented into clinics and hospitals. During the forecast period, the clinics segment is expected to grow at the highest CAGR. Growth in this segment is due to the increasing number of dental practitioners and dental clinics, increasing adoption of advanced technological instruments, and growing target patient population.
Asia Pacific to witness the highest growth during the forecast period
Asia Pacific is expected to witness the highest growth during the forecast period (2018 to 2023). The region’s large geriatric population, large patient population, improving healthcare infrastructure, growing dental tourism, and the region’s rising demand for advanced surgical instruments are driving the growth of this market.
Break of primary participants from supply side was as mentioned below:
By Company Type - Tier 1-45%, Tier 2-40% and Tier 3-15%
By Designation - C Level-41%, Director Level-30%, Others-29%
By Region - Europe-32%, North America-27%, Asia Pacific-19%, Latin America- 12%, Middle East and Africa-10%
Break of primary participants from demand side was as mentioned below:
By Type of Patient Care Setting- Clinics-74% and Hospitals- 26%
By Designation - General Dentists and Dental Surgeons-42%, Hospital & Clinical Managers-31%, and Hospital Directors & VPs-27%
By Region - North America-30%, Europe-24%, Asia Pacific-20%, Latin America- 16%, Middle East and Africa-10%
Some of the major market players in the dental surgical instruments market are DENTSPLY Sirona Inc. (US), Danaher Corporation (US), 3M Company (US), COLTENE Holding AG (Switzerland), Brasseler USA, A-dec, Inc. (US), Hu-Friedy Manufacturing Company, LLC (US), Integra LifeSciences Holdings Corporation (US), NAKANISHI Inc. (Japan), BIOLASE, Inc. (US), The Yoshida Dental Mfg. Co., Ltd. (Japan), Helmut Zepf Medizintechnik GmbH (Germany), Prima Dental Manufacturing Ltd. (UK), B. Braun Melsungen AG (Germany), AMD Lasers (US), and CAO Group, Inc. (US).
The report analyzes the dental surgical instruments market and aims at estimating the market size and future growth potential of this market based on various segments such as product, therapeutic area, patient care setting, and region. The report also includes competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.
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This report provides insights into the following pointers:
Market Penetration: Comprehensive information on product portfolios offered by the top players in the global dental surgical instruments market. The report analyzes this market by product, therapeutic area, patient care setting, and region.
Product Enhancement/Innovation: Detailed insights on upcoming trends and product launches in the global dental surgical instruments market
Market Development: Comprehensive information on the lucrative emerging markets by product, therapeutic area, patient care setting, and region
Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global dental surgical instruments market
Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, and capabilities of leading players in the global dental surgical instruments market.