Dental Sterilization Equipment Market Development And Business Intelligence

Seeking Alpha Analyst Since 2014
#Healthcare Consultant focusing on #TeleHealth #TeleMedicine #PatientPortals #CVIS #HCIT #MedicalRobots #Vaccines #MedicalDevices #WirelessHealth #Biotechnology
Summary
- Major factors influencing the growth of the market.
- Leading players & Top Segments.
- Geographic Overview.
Market growth influenced due to following factors-
- Increasing number of dental facilities and the growing pool of dental care personnel.
- Growing prevalence of dental ailments.
- Increasing demand for cosmetic dentistry.
Global market size-
According to research report the dental sterilization equipment market is projected to reach $1.48 billion by 2023, at a CAGR of 6.6%.
Leading Players-
The prominent players in the dental sterilization equipment market are Getinge (Sweden), Midmark (US), SciCan (Canada), Tuttnauer (US), Planmeca (Finland), DENTSPLY Sirona (US), Danaher (US), Matachana (Spain), A-dec (US), W&H (Austria), Hu-Friedy (US), and NAKANISHI (Japan). New product launches and acquisitions were the major strategies adopted by these payers to maintain their positions in the dental sterilization market.
Top Market Segments-
On the basis of instrument type, the cleaning and disinfection equipment market is categorized into washer disinfectors and ultrasonic cleaners. In 2017, the washer disinfectors segment accounted for the larger share due to its higher adoption rate, ease of use, and efficiency in disinfecting complicated dental devices through its five-stage procedure of flushing, washing, rinsing, thermal disinfection, and drying of used devices.
On the basis of type, the consumables and accessories market is categorized into sterilization packaging accessories, instrument disinfectants, surface disinfectants, sterilization indicators, and lubrication & cleaning solutions. The sterilization indicators segment is expected to witness the fastest CAGR. This is primarily attributed to the increasing need to monitor the sterilization process to eliminate every chance of cross-contamination in a dental facility.
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Geographic Overview -
APAC is expected to grow at the highest CAGR during the forecast period. Asia Pacific countries, particularly China and India, offer significant growth opportunities for players in the market owing to the growing number of dental clinics and hospitals and increasing number of dental surgical procedures. Additionally, the growth of dental tourism and the dental industry is propelling the need for effective infection control in a number of APAC countries such as India, Malaysia, and Thailand.
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