General Dental Devices and Equipment Market:
WiseGuyReports.com adds “Global General Dental Devices and Equipment Market Research Report 2020 Analysis and Forecast 2030” reports to its database.
The general dental equipment market consists of sales of general dental equipment and related services. General dental equipment and dental products are used in dental surgeries. Major products include dental implants, dental crowns, bridges, dental filling caps, orthodontic cases, dentures (false teeth), casting machines, instrument delivery systems, ceramic furnaces, electrosurgical systems, computer aided design (CAD)/ computer aided manufacturing (CAM) systems, dental chairs, dental light cure equipment, dental hand pieces, and other accessories.
The global general dental devices and equipment market is expected to decline from $12.6 billion in 2019 to $10 billion in 2020 at a compound annual growth rate (CAGR) of -20.8%. The decline is mainly due to COVID-19 outbreak and the measures to contain it. Several dental care facilities in affected countries have been completely closed or have been only providing minimal treatment for emergency cases. The restrictions on non-essential medical services including dental services coupled with slowed production of dental equipment and supplies due to extended factory closures in various countries is contributing to the markable decline in the market growth. The market is then expected to recover and grow at a CAGR of 6.6% from 2021 and reach $16.3 billion in 2023.
Get Sample Copy of the Report @ https://www.wiseguyreports.com/sample-request/6004310-general-dental-devices-and-equipment-global-market-report
North America was the largest region in the general dental devices and equipment market in 2018. This region is expected to remain the largest during the next five years. The general dental devices and equipment market in Europe is forecasted to register the highest CAGR during 2018-2023.
The changing lifestyles and unhealthy eating habits such as consumption of sugar-filled sodas, sweetened fruit drinks or non-nutritious snacks and smoking, inadequate oral hygiene have increased the prevalence of tooth problems. The demand for dental care is directly affecting dental devices or equipment companies. According to WHO, in 2016, 3.58 billion people were affected by periodontal (gum) diseases globally. According to an estimate from Global Burden of Disease Study in 2016, around 50% of the world’s population (3.58 billion people) is affected with dental caries (tooth decay) in permanent teeth. This rise in the incidence of tooth problems drive the general dental devices and equipment market.
Uneven access to oral care in developing countries is a major obstacle to the general dental devices and equipment market. Although the number of dental graduates is increasing, there are not enough dentists to cater to the population’s need. For instance, India registers some 20,000 new dental graduates each year which is not sufficient to deal with the patients’ needs. Similarly, Brazil has a high concentration of dentists in urban areas than in rural areas, depriving the rural population of qualified dental practitioners to meet their needs. Poor access of dentists and their services in developing nation hampers the growth of the market.
Dental businesses are advancing, and technologies such as 3D printers and scanners that are dedicated to dental work are being developed. 3D printing technology help create products such as 3D printed braces, dental crowns and implants by dental professionals through computer-aided designing. The development of modern/next-generation technique such as 3D Printing technology is a significant improvement in the dental care and used to build complex 3 dimensional structures by laying down thin layers of raw material in succession. For instance, ArchForm, a software startup designs and manufactures teeth-aligners using 3D Printing technology. This innovation in technology will reduce the cost of treatment making to affordable to people of all classes thereby driving the market for general dental devices and equipment.
The general dental devices and equipment market is regulated by government bodies such as European Medicines Agency (EMA), USFDA (the US Food and Drug Administration), and others. For instance, in the USA, general dental devices and equipment are Class I or Class II devices under the dental equipment market. Dental devices are regulated by USFDA and all the diagnostic laboratory tests regulated by the clinical laboratory improvement amendments of 1988 (CLIA) that administered by the centers for medicare & medicaid services (CMS). Under the Federal Food, Drug, and Cosmetic Act (FFDCA), all manufacturing companies have to be file 510(k) application for market approval.
Major players in the market are Straumann, 3M Company, Zimmer Biomet Holdings, Inc., Danaher Corporation , Denstply International Inc.
For further information on this report, visit – https://www.wiseguyreports.com/reports/6004310-general-dental-devices-and-equipment-global-market-report
NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.