The global dental market comprises dental implants, dental prosthesis, dental biomaterials, dental crowns and bridges, dental imaging, dental units and equipment. In the past decade, the market has experienced a swelling expansion due to a surge in the uptake of implants, crowns and cosmetic dentistry.
The key factors igniting the market growth include poor oral hygiene, a rise in incidences of oral diseases on the back of a growing elderly population, an improvement in oral care needs of individuals and an increasing disposable income in developing economies. The acceptance and proliferation of technology in terms of dental imaging (3D imaging), design and manufacturing (CAD/CAM) has resulted in better diagnosis, dental designs, patient compliance and a decrease in chair time.
Globally, the US is the leading market for dental care devices with its Centers for Medicare and Medicaid Services (CMS) having estimated the demand for dental services in the country to approach $167 billion by 2015. As per The Association of Dental Dealers of Europe (ADEE), in 2011, the European dental market increased by 1.2% in terms of the total turnover for all countries with the number of active dentists increasing slightly by 0.8%. Another key market is the Asia-Pacific region. Japan is a relatively mature market in the APAC region, whereas in developing countries like India and China, rising disposable income of the middle class as well as growing dental-care awareness and consumer acceptance are contributing to market growth.
The market comprises a fairly large number of companies withStraumann (SIX) and Nobel Biocare (NOBN: SIX) being the leading players, which together accounted for the bulk in the global dental equipment market in 2013. Other major players in the market include Danaher Corporation (NYSE: DHR; LSE: DHR), Sirona Dental Systems, Inc. (SIRO), Planmeca Oy, A-Dec Inc., Biolase, Inc. (BIOL), Midmark Corporation, NAKANISHI INC., GC CORPORATION, Henry Schein Inc. (Nasdaq: HSIC; LSE: HSIC) , Patterson Dental Supply, Inc., a segment of Patterson Companies, Inc. (PDCO), Sybron Dental Specialties Inc. (SYD.V) and Young Innovations Inc. (Nasdaq:YDNT).
'Global Dental Devices, Dental Implants and Dental Diagnostic Devices Market through 2020', a strategic market report published by ABMRG recently, provides a comprehensive analysis of the global dental market covering regions like America, Europe and APAC. Not only does it put forth a detailed overview of historical trends and forecasts (2007-2020), the annualized trends for sales in terms of value and volume, market growth, pricing (Average Selling Price or ASP), competitive landscape and market share, but also offers a cross category comparison for the historical and forecast period, market drivers, market restrains and challenges. In addition, it presents an inclusive account of global industry developments for the past two years, including M&As, partnerships, clinical studies, pipeline, product approvals and launches, recalls and litigations, market dynamics, drivers and restraints.
Why one should buy this report
Competitive dental product launches-global or regional or individual countries.The report can be instrumental in strategic decision making pertaining to:
- Capital investments based on the forecast for high-potential dental segments.
- Capitalization of opportunities in high-growth geographies and attractive dental markets.
- Identification of in-licensing and out-licensing opportunities, and recognizing potential business partners and M&A targets within the dentistry market.
- Procurement of raw material and inventory well in advance for the dental equipment companies.
- Preparation of management and strategic presentations for the investors and shareholders.
- Managerial presentations to the management.