europe-dental-equipment-market-industry
Published

MAY 2018

Europe Dental Equipment Market - Segmented by Type, Treatment and Geography - Growth, Trends, and Forecast (2018 - 2023)

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The Europe dental equipment market is expected to register a CAGR of around 6.4%, during the forecast period. Dental instruments are tools that dental professionals use to provide dental treatment. They include tools to examine, manipulate, treat, restore, and remove teeth and surrounding oral structures. Standard instruments are the ones used to examine, restore, and extract teeth and manipulate tissues.

Rising Demand for Cosmetic Dentistry

One of the main factors considered to drive the dental equipment market is the shifting dynamics of patient's choice and the increase in demand for cosmetic dentistry. Dentist practicing as well as dental equipment market has been affected by the recent increase in demand for cosmetic procedures. There has been a significant increase in the amount of dollars spent on cosmetic dentistry in the past five years. Nonmetallic inlays/onlays lead the way with an increase of 380 percent in the past 10 years. This along with other factors, such as increase in ageing population and Europe economic growth will lead to the overall increase in CAGR of the Europe dental equipment market.

Lack of Proper Reimbursement

The cost of treatment in the public sector is determined by the set scale of fees for individual dental operations and by a sliding scale of reimbursement. However, in private sector, the cost of treatment is highly unchecked. The prices are set depending on every operation or surgery time plus materials. The private insurers do not cover the entire cost of treatment. The only cost covered by the private insurance companies is the cost of individual items used for surgery. The surplus operating fees of the surgeon or physician need to be paid by the patient. This is the main reason hampering the overall growth of the market. This will lead to the slowdown of the growth of the market, along with other factors, such as lack of awareness and dental equipment market.

Europe to Witness Fastest Growth among Other Regions

Europe is anticipated to witness the fastest growth during the forecast period with a growth rate of 5.3%. Increasing adoption rate among dentists for advanced treatment options for orthodontic applications; favorable government initiatives; increasing investments for the development of novel equipment and high prevalence of oral cancer are among few factors that are expected to drive the market during the forecast period.

                                                

Key Developments in the Market

  • January 2018 – Irvine, California–based, Biolase received FDA approval to market its dental diode laser system Epic Pro Diode laser system     

The major players include – 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. and Straumann, among others.

Reasons to Purchase this Report

  • Current and future Europe Dental Equipment market outlook in the developed and emerging markets
  • Analysis of various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in excel)

Customization of the Report

  • This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
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