North American Dental Equipment Market Is Growing at A Sound Pace And Is Expected To Grow At A CAGR Of 6.23% During The Forecast Period 2017-2023.
According to a recent study report published by the Market Research Future, the North America Dental Equipment market is expected to gain eminence over the forecast period. The market is forecasted to demonstrate a steady growth by 2023, surpassing its previous growth records in terms of value with a constant CAGR during the anticipated period (2017–2023).
Patterson Dental (US), Henry Schein (US), Dentsply Sirona (US), 3M (US), Straumann (Switzerland), Danaher Corporation (Switzerland), PLANMECA OY (Finland), Carestream Health, Inc.(U.S.), and Biolase Inc. (U.S.) and others are some of the prominent players at the forefront of competition in the North America Dental Equipment Market and are profiled in MRFR Analysis.
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Regional Analysis
North America region is a fast growing dental equipment market across the globe owing to health conscious population in the countries representing this region. In the U.S., most people are health conscious and they pay more attention to dental health, which allow them to invest more in dental treatments. Thus, it improves their overall dental health and oral appearance. The U.S. holds the major share of the market owing to the huge investment in the research & development, high healthcare spending and increasing prevalence of dental diseases. Additionally, increasing government support and technological advances have fuelled the growth of the U.S. dental equipment market. Canada holds the less share of the market.
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At the same time, the industry endures to wrestle with new challenges redesigning the profession of dentistry. In a dental market where fewer percentage of educated and experienced dentists must meet the needs of an ever-growing population, new technologies arose to increase production levels and awaken a dental technology workforce. Dental Laboratories face many challenges today like productivity, profitability, staying competitive, new technologies, and offshore competition.
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