MarketInsightsReport has published a report titled Global Dental Equipment And Supplies Market research report 2020 that is a detailed observation of several aspects, including the rate of growth, technological advances, and different methodologies implemented by the primary current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
The global dental equipment and supplies market is expected to decline from $19.7 billion in 2019 to $15.7 billion in 2020 at a compound annual growth rate (CAGR) of -20.6%. The decline is mainly due to COVID-19 outbreak and the measures to contain it. Several dental care facilities in affected countries have been completely closed or have been only providing minimal treatment for emergency cases. The restrictions on non-essential medical services including dental services coupled with slowed production of dental equipment and supplies due to extended factory closures in various countries is contributing to the markable decline in the market growth. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $25.7 billion in 2023.
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Asia Pacific was the largest region in the global dental equipment and supplies market, accounting for 33% of the market in 2019. North America was the second largest region accounting for 33% of the global dental equipment and supplies market. Africa was the smallest region in the global dental equipment and supplies market.
3D printing is a procedure that creates a three-dimensional object by building successive layers of raw material. Objects produced are from a digital 3D file such as a magnetic resonance image or a computer-aided design drawing (CAD). Some of the key applications of 3D printers in the dental equipment market are: aiding in the placement of dental crowns and external dental prosthetics, and object visualization during dental surgeries. For instance, Planmeca, a leading CAD/CAM software provider offers dental Planmeca PlanCAD and Planmeca PlanScan CAD/CAM software. In 2017, Planmeca launched Planmeca Creo, a new range of 3D printers used for printing dental implants and splints.
The dental equipment and supplies market consists of sales of dental equipment and related services by entities (organizations, sole traders and partnerships) that produce dental equipment and supplies. This industry includes establishments that produce devices such as therapeutic dental equipment, general dental equipment, dental diagnostic imaging equipment and dental surgical equipment.
1) By Type: Therapeutic Dental Equipment; General Dental Devices And Equipment; Dental Diagnostic Imaging Devices And Equipment; Dental Surgical Devices And Equipment
2) By End User: Hospitals And Clinics; Diagnostic Laboratories; Others
3) By Type of Expenditure: Public; Private
4) By Product: Instruments/Equipment; Disposables
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Regions covered By Dental Equipment And Supplies Market Report 2020 To 2030 are
North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
Effect of the Dental Equipment And Supplies market report is
– A comprehensive evaluation of all opportunities and risks in the market.
– Dental Equipment And Supplies market current developments and significant occasions.
– A deep study of business techniques for the development of the market-driving players.
– Conclusive study about the improvement plot of the market for approaching years.
– Top to the bottom approach of market-express drivers, targets, and major littler scale markets.
– Favorable impressions inside imperative mechanical and publicize the latest examples striking the market.