Global Dental Diagnostic and Surgical Market is Growing at A CAGR of 6%


Posted March 18, 2016 by Gosreportsresearch

Global dental diagnostic and surgical market is growing at a CAGR of 6% from 2015-2021.

 
Global dental diagnostic and surgical market is growing at a CAGR of 6% from 2015-2021. With increasing diagnostic and oral diseases such asperiodontitis and other dental diseases the global dental diagnostic and surgical market is expected to grow fast. Various dental diagnostic & surgical markets such as instrument delivery system, dental chairs are extensively adopted by major research centers, hospitals and clinics for diagnostic and treatment.

Emerging technologies such as virtual reality technology in dentistry rise in prevalence & incidence rate of dental patients has created huge scope in dental diagnostic market. Instrument delivery system, dental chairs, hand pieces, light cure equipment, dental laser and dental radiology equipment market are expected to grow fast. In terms of geographical segmentation, North America expected to lead the revenue in this market due to higher adoption of dental diagnostic and surgical devices followed by Europe. North America is highly regulated market and most of the dental companies such as 3M Company, A-DEC, Promed Inc and so on are based in the US.

FDA approvals giving rise to significant scope in global dental diagnostic & surgical equipment market. Technological advancement enables to expand global dental diagnostic & surgical equipment market. Rise in medical and dental tourism in developing countries are also driving the global dental diagnostic and surgical market. Emerging technologies such as virtual reality technology in dentistry will have a great impact over the overall growth of the market. It will enable to reduce the overall turnaround time for dental procedures and also improve the efficiency of practitioners. Lack of consumer awareness in emerging economies may affect market growth of global dental diagnostic and surgical market. New entrants still have immense growth opportunities due to less stringent regulations with respect to introduction of new and advanced products.

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Last Updated March 18, 2016