The Latest Dental Equipment Industry Statistics Explained
The global dental equipment market size was valued at $7.66 billion in 2020.
The statistic “The global dental equipment market size was valued at $7.66 billion in 2020” indicates the total economic value of all dental equipment sales worldwide during the year 2020. This market size figure reflects the combined revenue generated by the production, distribution, and sales of dental equipment used in various dental procedures and practices around the world. The value of $7.66 billion suggests the significant scale and financial impact of the dental equipment industry on a global scale, with implications for healthcare providers, manufacturers, investors, and other stakeholders involved in the dental care sector.
The dental equipment market is expected to grow at a CAGR of 5.8% from 2021 to 2028.
This statistic indicates that the dental equipment market is projected to experience a Compound Annual Growth Rate (CAGR) of 5.8% from the year 2021 to 2028. A CAGR is a measurement that provides a smooth annual rate of growth over a specified period of time, in this case, over a span of 7 years. The 5.8% CAGR signifies the average year-over-year growth rate that the dental equipment market is estimated to achieve during this timeframe. This forecast suggests that the demand for dental equipment is anticipated to steadily increase, driven by factors such as advances in technology, a growing global population, increasing awareness of oral health, and the expanding number of dental practices.
The systems & parts segment accounted for the largest market share, at over 25%, in 2020.
The statistic indicates that the systems & parts segment held the largest proportion of market share in the overall market during the year 2020, amounting to over 25%. This suggests that within the industry or market being considered, products or components falling under the systems & parts category were the most in demand or generated the highest sales volume compared to other segments. Such high market share indicates the significance and influence of the systems & parts segment within the industry during that particular year, potentially reflecting strong customer preferences, competitive advantages, or strategic positioning of companies operating in this particular segment.
By region, North America accounted for the largest market share of more than 39.6% in 2020.
This statistic indicates that in 2020, the North American region held the highest market share compared to other regions, standing at more than 39.6%. This suggests that a significant portion of the overall market activity and consumption within the analyzed industry or sector was concentrated in North America during that year. The dominance of North America in terms of market share could be attributed to various factors such as higher consumer demand, strong economic performance, favorable regulatory environments, or the presence of key industry players. Understanding this market share distribution by region can be crucial for businesses looking to optimize their market strategies, target specific regions for growth, and capitalize on opportunities in the North American market.
In 2019, there were approximately 200,227 practicing dentists in the US.
The statistic “In 2019, there were approximately 200,227 practicing dentists in the US” represents the estimated number of actively working dentists providing oral health care services within the United States during that particular year. This figure is important for understanding the availability and accessibility of dental care services for the population and can serve as a key indicator of the overall oral health infrastructure in the country. The number of practicing dentists can impact various factors including access to care, quality of services, and potential workforce shortages in certain regions. Policymakers, public health officials, and healthcare professionals can utilize this statistic to make informed decisions related to dental workforce planning, resource allocation, and public health initiatives aimed at improving oral health outcomes for the population.
About 64.6% of dental practitioners used digital imaging equipment in their practices by 2016.
The statistic indicates that by the year 2016, about 64.6% of dental practitioners were utilizing digital imaging equipment in their practices. This suggests that a significant majority of dental practitioners had adopted this technology for diagnostic and treatment purposes. Digital imaging equipment provides numerous advantages over traditional methods, including higher image quality, faster processing times, and the ability to easily store and share images electronically. The high adoption rate of digital imaging equipment among dental practitioners by 2016 highlights the importance of technology in modern dental practice and signifies a shift towards more efficient and advanced methods of patient care.
In the United Kingdom, 99% of adults do not have an active dental care plan, indicating a huge growth opportunity for the industry.
The statistic that 99% of adults in the United Kingdom do not have an active dental care plan highlights a significant gap in dental care coverage within the population, suggesting a considerable growth potential for the dental care industry in the country. This statistic indicates that the vast majority of adults are not currently utilizing dental care services through a formalized plan, presenting an opportunity for dental care providers to expand their services and reach a larger segment of the population. By targeting the untapped market of adults without active dental care plans, the industry can increase its customer base and potentially improve overall oral health outcomes across the UK.
The global dental devices market size was estimated at $8.1 billion in 2019.
The statistic indicates that the total value of the global dental devices market was calculated to be $8.1 billion in the year 2019. This figure reflects the collective worth of all dental devices sold worldwide during that period, including equipment, instruments, and materials used in dental procedures and treatments. The market size is an essential metric for understanding the scale and economic importance of the dental industry, demonstrating the demand for dental products and services on a global level. Analyzing trends in the dental devices market size can provide insights into the growth potential of the industry, key players, technological advancements, and overall market competitiveness.
The dental surgical instruments segment is expected to show the highest CAGR of 6.5% through 2028.
This statistic indicates that the dental surgical instruments segment is projected to experience a Compound Annual Growth Rate (CAGR) of 6.5% through the year 2028. This means that the market for dental surgical instruments is expected to grow at a steady pace of 6.5% per year over the specified period. The higher CAGR suggests that there is significant growth potential in this segment, which could be driven by factors such as advancements in dental technology, increasing demand for dental procedures, and expanding dental care infrastructure. This forecast is important for stakeholders in the dental industry as it signals opportunities for investment, innovation, and strategic decision-making to capitalize on the projected growth in this specific market segment.
India’s dental equipment market size was valued at $116.5 million in 2020.
The statistic “India’s dental equipment market size was valued at $116.5 million in 2020” indicates the total monetary value of the market for dental equipment goods and services in India during the year 2020. This figure represents the collective worth of various dental tools, devices, instruments, and services used by dental professionals and practices in the country. It provides insight into the scale and financial significance of the dental equipment industry in India, reflecting the demand for such products and services within the region and suggesting potential opportunities and trends within the market.
The European Union is expected to represent the largest dental equipment market during the forecast period.
This statistic indicates that the European Union is projected to have the highest market share in the dental equipment industry over a specified future period. This forecast suggests that the demand for dental equipment within the European Union is anticipated to be the most significant compared to other regions, potentially due to factors such as population size, levels of dental healthcare infrastructure, technological advancements, and economic conditions. As a result, companies operating within the dental equipment market may focus their efforts on targeting this region for sales and marketing strategies to capitalize on the expected growth and opportunities in the European Union’s dental equipment market.
Dental equipment and supplies manufacturing made around $6 billion in revenue in the US 2019.
The statistic ‘Dental equipment and supplies manufacturing made around $6 billion in revenue in the US 2019’ highlights the significant economic contribution of the dental equipment and supplies manufacturing industry in the United States during the year 2019. This figure indicates the total sales revenue generated by companies involved in producing dental equipment and supplies, such as dental chairs, instruments, materials, and other related products. The $6 billion revenue indicates the size and importance of this sector within the healthcare industry, reflecting the demand for dental products and services in the US market. This statistic also underscores the industry’s role in supporting dental professionals, promoting oral health, and driving innovation in dental technologies.
In Australia, the dental services market is worth roughly $10.8 billion.
The statistic indicating that the dental services market in Australia is valued at approximately $10.8 billion reflects the total economic value of dental services provided within the country. This figure encompasses the revenues generated by dental practices, clinics, and professionals offering various oral healthcare services to patients. The market value of $10.8 billion signifies the significant demand for dental services among Australians, highlighting the importance of oral health within the healthcare industry. This statistic serves as a key indicator of the size and importance of the dental sector in Australia’s overall economy, illustrating the substantial financial investment and resources allocated towards maintaining and improving oral health in the country.
China’s dental device market is projected to grow at a CAGR of 9.8% from 2021 to 2026.
This statistic indicates that the dental device market in China is expected to experience a Compound Annual Growth Rate (CAGR) of 9.8% from 2021 to 2026. This means that the market size for dental devices in China is forecasted to increase by an average of 9.8% every year over this five-year period. A CAGR is a useful measure for determining the steady rate at which a market is growing, providing insight into the overall health and potential of the industry. The projected growth rate suggests that there is a growing demand for dental devices in China, potentially driven by factors such as increasing awareness of oral health, advancements in technology, and a growing population needing dental care. This statistic can be valuable for investors, manufacturers, and other stakeholders looking to understand and tap into the opportunities presented by the dental device market in China.
The dental implants market in Europe is projected to reach $3.5 billion by 2027.
The statistic that the dental implants market in Europe is projected to reach $3.5 billion by 2027 indicates a significant growth opportunity in the dental industry within the region. This projection suggests an increasing demand for dental implants, likely driven by factors such as an aging population, growing awareness of dental health, and advancements in technology enabling safer and more effective implant procedures. The $3.5 billion figure represents the expected total market value, encompassing sales of dental implants, associated products, and services in Europe by the end of 2027. This information is valuable for stakeholders in the dental industry, such as manufacturers, healthcare providers, and investors, to understand the market size and potential for expansion in the coming years.
By 2024, the dental sterilization market is expected to reach $1.48 billion globally.
The statistic that by 2024, the dental sterilization market is expected to reach $1.48 billion globally indicates the projected market size for the dental sterilization industry in five years. This figure reflects the estimated total value of products and services related to dental sterilization that are expected to be sold and utilized across the world by 2024. Factors such as increasing awareness of infection control in dental settings, advancements in technology for sterilization equipment, and rising demand for dental services are likely driving the growth of this market. The $1.48 billion value serves as a key indicator for investors, industry stakeholders, and policymakers to understand the scale and potential opportunities within the dental sterilization market in the coming years.
In 2018, there were about 14,000 companies operating in the dental equipment and supplies manufacturing industry in the European Union.
The statistic states that in 2018, there were approximately 14,000 companies operating in the dental equipment and supplies manufacturing industry within the European Union. This figure represents the total number of businesses engaged in producing dental equipment and supplies across the member countries of the EU during that specific year. Having 14,000 companies indicates a relatively sizable industry presence, suggesting a competitive market landscape with a diverse range of manufacturers catering to the dental industry within the EU. This statistic provides insight into the scope and scale of the dental equipment and supplies manufacturing sector within the European Union and highlights the significance of this industry in providing essential products and services to support dental healthcare across the region.
Colour Doppler Ultrasound Scanner for dental use is expected to grow at a CAGR of 7.1% from 2021 to 2027.
This statistic indicates that the market for Color Doppler Ultrasound Scanners used in dentistry is projected to experience a Compound Annual Growth Rate (CAGR) of 7.1% from 2021 to 2027. This growth rate reflects the expected average annual increase in the market size of these scanners over the specified period. The increasing adoption of advanced imaging technologies in dental practices, coupled with the growing awareness of the benefits of Color Doppler Ultrasound in dental diagnostics, are likely driving this anticipated growth. This statistic suggests a positive trend in the demand for Color Doppler Ultrasound Scanners within the dental field, highlighting potential opportunities for industry players and indicating a shift towards more innovative and accurate diagnostic tools in dental care.
The market for CAD/CAM systems in dentistry should reach $2.31 billion by 2025 globally.
This statistic refers to the projected market size of Computer-Aided Design/Computer-Aided Manufacturing (CAD/CAM) systems in dentistry by the year 2025 on a global scale, which is estimated to be $2.31 billion. This data indicates the expected increase in the demand for CAD/CAM technology within the dental industry, highlighting a growing trend towards adopting advanced digital systems for designing and manufacturing dental prosthetics. Factors such as technological advancements, increasing awareness among dental professionals, and the need for more efficient and precise dental solutions are driving the market expansion. The projected market size serves as a significant indicator of the potential growth and opportunities within the CAD/CAM systems market in dentistry by 2025.
Conclusion
The dental equipment industry is a vital component of the healthcare sector, supporting the needs of dental professionals worldwide. The statistics presented provide valuable insights into the growth, trends, and challenges facing the industry. By staying informed about key indicators such as market size, revenue projections, and technological advancements, industry players can make strategic decisions to navigate the competitive landscape successfully. As advancements in technology and increasing oral health awareness drive market growth, there are numerous opportunities for innovation and investment in the dental equipment sector.
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