In a recent published report, Kenneth Research has updated the market report for Dental Equipment Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Dental Equipment Market products.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Kenneth Research has recently added a report titled Dental Equipment Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021 2030. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth.
According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
Global Dental Equipment Market Analysis
According to Verified Market Research, The Global Dental Equipment Market was valued at USD 6.15 billion in 2017 and is projected to reach USD 8.96 billion by 2025, growing at a CAGR of 4.8% from 2018 to 2025.
What are Dental Equipment?
Dental equipment is defined as the tools that are used by dental professionals in order to provide dental treatment. These tools are used to examine, manipulate, treat, restore and remove teeth & surrounding oral structures. Standard instruments are the instruments that are used to examine, restore, and extract teeth and manipulate tissues. Dental equipment have applications in hospitals, clinics and dental laboratories. Rise in dental disorders and surgical procedures have stimulated the growth of dental equipment market.
Global Dental Equipment Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Growing geriatric population, increasing incidence of dental caries and other periodontal diseases, rising demand for cosmetic dentistry and growing dental tourism in emerging markets have been driving the global dental equipment market. On the other hand, High Dental Equipment cost might act as a restraint for the overall market at a global level.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Dental Equipment Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Dental Equipment Market Competitive Landscape
The “Global Dental Equipment Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as 3M ESPE, A-Dec Inc., Biolase Inc., Carestream Health Inc., Danaher Corporation, Dentsply International Inc., GC Corporation, Patterson Companies Inc., Planmeca Oy, Sirona Dental Systems Inc. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Dental Equipment Market Segmentation, by Type
? Systems and Parts
? Dental Implant
? Crown and Bridge
? Dental Laser
o Soft Tissue Lasers
o Diode Laser
o Gas Lasers
o Solid State Lasers
? Radiology Equipment
o Extra-oral Radiology Equipment
o Panoramic X-ray Unit
o Cephalometric X-ray Units
o Digital Sensors
? Dental Biomaterial
? Dental Chair and Equipment
Global Dental Equipment Market Segmentation, by Treatment
Global Dental Equipment Market Segmentation, by End User
? Hospitals and Clinics
? Dental Laboratories
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Global Dental Equipment Market Geographic Scope
? North America
o Rest of Europe
? Asia Pacific
o Rest of Asia Pacific
? Latin America
? Rest of the World
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team at Verified Market Research.
About Kenneth Research:
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