Market Size of Canada Dental Equipment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Dental Equipment Market Analysis
Factors that are responsible for the growth of the market are the aging population in the country, increasing demand for cosmetic dentistry, and increasing incidence of dental diseases.
Due to the increasing aging population, there has been an increase in the number of dental implants and oral surgeries being performed. In addition, there is a decrease in manual dexterity and an increase in comorbidity and medications affecting the oral cavity. Hence, dental care in aged care facilities is found to be poor, and access to dental professionals is difficult. There are several other risk factors, such as smoking, poor oral hygiene, diabetes, medication, and hereditary conditions, which are also connected to the increase in dental diseases.
It has been observed that the aging population of Canada is increasing steadily for the past 40 years. It is estimated that 23% and 25% of the total population of Canada will be aged above 65 by the year 2036, as per the report published by the Government of Canada. This rise in the aging population will ultimately cause a rise in the prevalence of dental disorders which will boost the growth of the market studied.
