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The global dental devices market was valued at $4.5 billion in 2011 and has been forecast to increase at a compound annual growth rate (CAGR) of 8.7% between 2011 and 2015.
The dental equipment market consists of devices used in diagnosing dental diseases/conditions and treating the same. These include dental chairs, hand pieces, CAD/CAM systems, scaling units, instrument delivery systems, dental lasers, intra oral and extra oral radiology equipment, and CBCT scanners.
Emerging technologies will have a great impact over the growth of the market, as these will help reduce the overall turnaround time for dental procedures and also improve the efficiency of practitioners. For instance, introduction of CAD/CAM technology has considerably reduced the designing time for dental prostheses like crowns and bridges and 3D imaging techniques have improved patient diagnosis and procedure planning.
The growing ageing population is the major consumer segment for this market, due to increasing rates of oral diseases and edentulousness in the same. Also, rising demand for cosmetic dentistry further fuels the market growth.
Computer image-guided surgery allows dentists to determine a patient's bone density during dental implant treatment. This technology is used to estimate whether bone grafting will be required for dental patients. Currently, computer-guided surgery is widely used by dental clinics and hospitals. The technology is new and the adoption is expected to grow rapidly through to 2015.
The increased adoption of laser dentistry is also boosting the growth of the global dental devices market. Laser dentistry is a substitute for drills and blades, and offers versatility and better accuracy in dental treatment. Also, many patients prefer laser dentistry over traditional methods mainly to avoid temporary oral pain. Hence, the latest advancements in technology and innovations in laser dentistry are expected to drive the growth of the global dental devices market over the next few years.
Key players currently dominating the global dental devices market include Biomet 3i Inc., Dentsply International Inc., Nobel Biocare Holding AG, Sirona Dental Systems Inc., Straumann Holding AG, and Zimmer Holdings Inc.
For more information on the global dental devices market, see the latest research: Global Dental Devices Market
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