Global Therapeutic Dental Equipment Market,
Medical Equipment

Global Therapeutic Dental Equipment Market Analysis 2024: Size, Share, And Key Trends

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Therapeutic Dental Equipment Global Market Report 2023, the therapeutic dental equipment market is expected to show significant growth in the forecast period.

The therapeutic dental equipment market has witnessed a remarkable growth trajectory, ascending from $2.56 billion in 2023 to $2.87 billion in 2024, showcasing a robust Compound Annual Growth Rate (CAGR) of 12.2%. This surge in the historic period is attributed to factors such as dental healthcare, oral disease management, the aging population, and advancements in dental education and training.

A Glimpse into the Future

Anticipating an even more rapid expansion, the market is projected to grow to $4.44 billion by 2028, maintaining a CAGR of 11.5%. The growth in the forecast period is fueled by the emphasis on preventive dentistry, patient-centered care, regulatory compliance, and heightened oral health awareness. Notable trends in the forecast period encompass technological advancements, seamless technological integration, the rise of minimally invasive dentistry, and the advent of digital dentistry.

Healthcare Expenditure: A Driving Force

Impact on Therapeutic Dental Equipment Market

The increasing healthcare expenditure is poised to be a driving force for the therapeutic dental equipment market. Healthcare expenditure, representing the total amount spent on healthcare-related goods and services, plays a pivotal role in supporting the development, accessibility, and utilization of therapeutic dental equipment. In November 2022, the Canadian Institute for Health Information reported a rise in healthcare expenditure to 0.8%, amounting to $331 billion. This upward trend signifies a key contributor to the growth of the therapeutic dental equipment market.

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Industry Giants Shaping the Market

Pioneering Innovation

Major players in the therapeutic dental equipment market include CAO Group, BIOLASE Technology, Danaher Corporation, Dentsply Sirona, and Planmeca Group. This diverse array of companies is instrumental in shaping the market landscape, pioneering innovation, and ensuring the accessibility of cutting-edge therapeutic dental solutions.

Digital Light Processing (DLP) Technology: A Game-Changer

Elevating Dental Equipment Innovation

Companies in the therapeutic dental equipment domain are leveraging Digital Light Processing (DLP) technology to introduce groundbreaking products. DLP technology, a type of 3D printing technology utilizing a digital micromirror device, has become a driving force in creating high-resolution 3D prints. For instance, Desktop Health introduced the Einstein Series in May 2022, a family of dental 3D printers employing DLP technology to produce high-resolution 3D prints.

Navigating Regulatory Standards

Title 21 CFR Compliance

In the USA, manufacturers of laser devices in the medical device industry must adhere to Title 21 Code of Federal Regulations (CFR). This regulation stipulates that laser products must clearly state their performance standards and specific purposes, alongside providing calibration records to customers. An instance of non-compliance occurred when Daheng Group Inc. recalled its Diode Laser Therapy System and Dental Laser Therapy System for failing to comply with 21 CFR 1040.11 and lacking calibration procedures for purchasers.

Market Segmentation: A Holistic View

Understanding the Diverse Landscape

The therapeutic dental equipment market is comprehensively segmented:

  1. Product:Soft tissue Lasers, All tissue Lasers.
  2. End user:Hospitals, Clinics, Dental laboratories.
  3. Therapeutic Area:Restorative dentistry, Orthodontics, Endodontics, Other therapeutic areas.

Asia-Pacific Takes the Lead

In 2023, Asia-Pacific emerged as the largest region in the global therapeutic dental equipment market. The region’s dominance underscores its growing significance in shaping the global healthcare landscape.

In conclusion, the therapeutic dental equipment market is on an upward trajectory, driven by technological advancements, compliance with regulatory standards, and innovative product launches. As we navigate towards 2028, the industry promises to be at the forefront of dental care, ensuring both preventive and therapeutic solutions cater to the evolving needs of patients worldwide.

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