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Dental Equipment Market Is Expected to Reach USD 7.6 Billion in 2018 : Transparency Market Research
Date:7/21/2013

(PRWEB) July 21, 2013

According to a new market report published by Transparency Market Research "Dental Equipment Market (Dental Extraoral & Intraoral Radiology, Dental Lasers, Cone Beam CT Systems, Laboratory Machines, Hygiene Maintenance Devices, Chairs and Light Cure Equipment) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the global dental equipment market was valued at USD 5.5 billion in 2011 and is expected to grow at a CAGR of 4.7% from 2012 to 2018, to reach an estimated value of USD 7.6 billion in 2018.

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The market growth is majorly attributed to the advancement in diagnostic and treatment technologies such as dental lasers, leading to faster healing, minimal pain, reduced chair time and more precise diagnosis. In addition, growing global awareness about the role of dentistry in aesthetics coupled with increasing disposable income of patients is also positively impacting the growth of the dental equipment market. The trend of patients migrating to developing countries such as India, in search of better and cheaper dental treatment, referred to as dental tourism, is also fostering growth of the market.

Rising disposable incomes of patients coupled with growing dental care awareness will drive the dental equipment market in the developing Asian countries. In case of developed regions of North America and Western Europe, market growth will be driven mainly by the aging population possessing a desire to retain natural tooth structure.

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