Companies Industry Markets News Press Release

Dental Equipment Market to Exhibit 9.6% CAGR by 2027

The global ”dental equipment market” size is expected to gain momentum by reaching USD 16.07 billion by 2027 while exhibiting a CAGR of 9.6% between 2020 and 2027. This is attributable to the growing preference for digital dental x-ray and the rising geriatric population that is projected to drive the demand for advanced dental equipment. Fortune Business Insights published this information in its latest report, titled, “Dental Equipment Market Size, Share & Industry Analysis, By Product Type (Dental Radiology Equipment, Dental Lasers, Dental Surgical Navigation Systems, Dental CAD/CAM Equipment, Dental Chairs, and Others) and By End-User (Hospitals, Dental Clinics, and Others), 2020-2027.” The report further mentions that the market stood at USD 8.89 billion in 2019 and is likely to experience considerable growth in the forthcoming years. Request a Sample Copy of the Research Report: DRIVING FACTORS Rising Geriatric Population to Augment Growth The rising geriatric population is leading to several dental ailments that is anticipated to propel the demand for advanced dental equipment. Additionally, the increasing dental disorders is driving the manufacturers to develop innovative dental equipment across the globe. For instance, the growing preference for digital dental x-ray equipment that aids in significant cost reduction and better image processing is expected to boost the global dental equipment market growth during the forecast period. Increasing Prevalence of Dental Caries to Feed Market Growth According to the World Health Organization (WHO), around 2.3 billion people globally suffer from dental caries of their permanent teeth. Moreover, 530 million children are affected by caries of their primary teeth. The growing prevalence of dental disorders is driving the demand for innovative dental treatments that is likely to surge the adoption of these equipment globally. Moreover, supportive government initiatives such as favorable reimbursement policies for treating dental disorders is expected to boost the global dental equipment market growth in the forthcoming years. Click here to get the short-term and long-term impact of COVID-19 on this Market. Please visit: About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Contact Us: Fortune Business Insights™ Pvt. Ltd. US :+1 424 253 0390 UK : +44 2071 939123 APAC : +91 744 740 1245Email:[email protected]

About the author

Richard Brooks

Add Comment

Click here to post a comment

Recent Posts