Global Dental Impression Market Size, Opportunities, Industry Growth, Risk, Analysis, Top Leaders And Forecast 2022- 2031
Kenneth Research has recently added a report titled Global Dental Impression Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2022-2031.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Dental Impression Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Global dental impression systems market is valued at approximately USD 1.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2021 -2027. With the disposable incomes, the propensity to undergo costly cosmetic procedures has risen among the public in different countries, particularly among the elderly. During the forecast era, rising income levels in developing countries such as India, China, and Brazil, which have a high decayed, missing, and filled teeth (DMFT) index, are projected to fuel demand for dental impression systems. Moreover, factors such as the rising prevalence of dental disorders and the rising demand for cosmetic dentistry are propelling the dental impression systems market forward. Furthermore, increasing adoption of digital dentistry and the dental tourism in developing markets are projected to fuel demand growth in the dental impression systems market over the forecast period.
In addition,, to remain competitive in the market, key players are employing a variety of tactics such as product launch, company growth, acquisition, alliance, cooperation, and agreement. For instance, BEGO (Germany) and Formlabs (US) joined in 2020 to widen access to BEGO's dental restorative products, allowing Formlabs' customers to optimize workflows and patient experiences. Similarly, Coltene Holding (Switzerland) purchased SciCan (Canada) and MICRO-MEGA (France) in 2018, expanding Coltene's global presence and product range while also building synergies and expanding its dental product line. However, high cost and limited reimbursement for dental treatments may impede market growth over the forecast period of 2021-2027.
The regional analysis of the global dental impression systems market is considered for the key regions such as Europe, Asia Pacific, North America, Latin America, and Rest of the World. Europe is the leading region across the world in terms of market share attributed to the existence of a number of end-use industries including packaging, automotive, building & construction, and consumer goods. Whereas Asia pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due increasing automobile production services in the region.
Major market player included in this report are:
3M Company
Henry Schein
Dentsply Sirona
Mitsui Chemicals
Envista Group
Parkell, Inc.
Kettenbach GmbH & Co. KG
Zest Dental Solutions
Keystone Industries
Ultradent Products, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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By Product:
Intraoral scanners
Impression material
Impression trays
Bite registration material
Dental impression accessories
By Application:
Restorative and prosthodontics dentistry
Orthodontics
Other applications
By End user:
Dental hospitals and clinics
Dental laboratories
Dental academics and research institutes
Forensic laboratories
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018-19
Base year – 2019-20
Forecast period – 2021 to 2027.
Target Audience of the Global dental impression systems marketin Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
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