Market growth factor:
The study involved
four major activities to estimate the current market size for dental
equipment. Exhaustive secondary research was done to collect information
on market, peer market and parent market. The next step was to validate
these findings, assumptions, and sizing with industry experts across
value chain through primary research. Both top-down and bottom-up
approaches were employed to estimate the complete market size.
Thereafter market breakdown and data triangulation was used to estimate
the market size of segments and subsegments.
Market Size:
According to research report the global dental equipment market is projected to reach USD 7.52 billion by 2021 from an estimated USD 5.93 billion in 2016, at a CAGR of 4.9%
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Based
on product, the dental equipment market is split into general dental
equipment, dental diagnostic equipment, and dental therapeutic
equipment. The general dental equipment is expected to dominate the
dental equipment market during the forecast period. Improvements and
enhancements in product designs have facilitated the provision of better
dental care services to patients. The availability of portable and
integrated solutions enables differentiation in dental practices. The
growing demand for the innovative dental products is expected to propel
the growth of this market segment.
Market Size Estimation
Both
top-down and bottom-up approaches were used to estimate and validate
the total size of the dental equipment market. These methods were also
used extensively to estimate the size of various sub segments in the
market.
The research methodology used to estimate the market size includes the following:
The
key players in the industry and markets have been identified through
extensive secondary research. The industry’s supply chain and market
size, in terms of value, have been determined through primary and
secondary research processes. All percentage shares, splits, and
breakdowns have been determined using secondary sources and verified
through primary sources.
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Top Players:
The prominent players operating in the global Dental Equipments Market are A-dec Inc. (US), AMD LASERS (US), Biolase, Inc. (US), Carestream Health, Inc. (US), Danaher Corporation (US), Ivoclar Vivadent AG (Liechtenstein), Midmark Corporation (US), Planmeca OY (Finland), Dentsply Sirona (US), and 3M (US).