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Copy and Paste Link Code: Dental Equipment Market is Expanding at a CAGR of 4.70% by 2024 by Metcarl · February 11, 2019
The??global dental equipment market??is highly competitive in nature with a presence of a large number of players operating in it across the globe, states a new market research study by Transparency Market Research. With the rising number of players J. C. Ramirez Jersey , the global dental equipment market is projected to witness a high level of competition throughout the forecast period. Some of the leading players operating in the dental equipment market across the globe are Midmark Corporation, Ivoclar Vivadent AG, Sirona Dental Systems Inc., Straumann, Biolase Inc., Dentsply International Inc. Kole Calhoun Jersey , 3M ESPE, Patterson Companies Inc., Hu- Friedy Mgf Co., Noble Biocare, Henry Schein, Inc. Matt Harvey Jersey , GC Corporation, and Danaher Corporation.
These players are focusing on research and development activities and innovations in order to cater the rising demand worldwide. The increasing mergers and acquisitions and strategic collaborations are also expected to help the leading players in expanding their horizon across the globe.
According to the research study by Transparency Market Research, in 2011, the global market for dental equipment was worth US$5.5 bn and is likely to reach a value of US$7.6 bn by the end of 2018. The market is anticipated to register a healthy 4.70% CAGR between 2012 and 2018.
Increasing Dental Disorders to Encourage Growth in North America
From a regional perspective, North America is estimated to witness high growth in the next few years and further followed by Europe. The increasing prevalence of dental caries among people in this region is one of the key factors estimated to encourage the growth of the market in the next few years. In addition, technological advancements and innovations and the increasing awareness among consumers are further projected to generate promising growth opportunities for the market players throughout the forecast period. Furthermore Mike Trout Jersey , Europe and Asia Pacific are predicted to register a promising growth rate in the coming years.