WILMINGTON, Del.– The global dental equipment and consumables market is estimated to be $26 billion by 2014, growing at a CAGR of 6.8%. The market is expected to grow because of the tremendous demand for dental biomaterial and dental implants. It is expected that the market for dental implants and dental biomaterials will grow at an overall CAGR of 12.2% and 10.5% respectively from 2009 – 2014. The main driving element for global dental equipment market is the advancement in technologies that are available to dentists’ for treating their patients.
Dentists are now directly targeting their patients, which has helped in improving customer awareness about dental products and the latest available technologies. Changing consumer needs and a shift towards cosmetic dentistry will drive the market for hi-end dental solutions. Stiff competition exists among the industry participants due to product differentiation, technology and pricing. This is more evident among dental companies resulting in companies adopting strategies like technology integration, product improvement and re-branding.
This analyst briefing focuses on the dental devices and consumables market over the period 2009-2014.The agenda for the briefing includes discussion on key high growth market, marking the growth trend in the implants and transition of technology in dental radiology. This does not stop here – a briefing will be conducted on the competitive scenario and geographic opportunities for the similar topic.
The briefing on the Global Dental devices and equipment Market (2009-2014) will benefit the Dental devices manufacturers, dental service providers, dental associations, dental clinics, technology providers and laboratories.
“We can expect to see significant dip in the dental equipment consumption due to the economic slowdown which has also restricted the access to funds due to breakdown of capital markets. The impact has been more on the procedures that lack medical coverage and where the patient has to make out of pocket investments.”
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