Dental Lasers Market is projected to reach a valuation of US$ 737.4 million by 2033 | FMI
Lifestyle trends have substantially changed in the past years and have largely influenced the focus on dental health on a global scale leading the market towards a growth of 4.1%.
The
Dental Lasers Market
is expected to be worth US$ 492.2 million in 2023, rising to US$ 737.4 million
by 2033. During the forecast period, sales of dental lasers are expected to grow
at a significant CAGR of 4.1%.
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The
dental lasers market is being driven by a number of factors, including
increasing technological advancements, an increase in the prevalence of dental
disorders, and increased public awareness of oral hygiene.
Due
to the growing age population, there has been an increase in the number of
dental implants and oral surgeries, which is driving up demand for dental
lasers globally.
Other
key factors influencing the market positively include minimally invasive
surgeries and the short time required for dental procedures.
Treatment
and surgical advancements are propelling the market. Furthermore, the growing
acceptance of dental tools and instruments launched by manufacturers is fueling
the dental lasers market.
A
few emerging market trends include the increasing use of lasers in the
dentistry domain, as well as the increasing acceptance of devices with novel
technologies by dental surgeons.
Key
Takeaways from the Automotive Refinish Coatings
- Consumer preferences for
minimally invasive dental procedures, as well as the increasing use of
surgical dental lasers in orthodontic surgeries, are expected to drive
growth and lead the market toward a growth of 4.1%.
- Rising dental hygiene and
dental health awareness have increased the frequency of diagnostics and
treatments at dental clinics leading the market towards a trajectory of
4.4% by 2033.
- The hospitals segment is
expected to grow at a substantial CAGR of 6.56% from 2023 to 2033, owing
to improved healthcare facilities in developing countries and
well-established medical infrastructure in developed countries.
- The United States is dominating
the market with a revenue share of US$ 204.6 million. Recent advancements
in radiation technology in oral biology and comfortable and low-cost
treatment are key growth drivers in the region.
- India is the most lucrative
region growing at a rate of 5.6%. The rising number of dental diseases
caused by the high consumption of tobacco, alcohol, and other such
products is expected to cause a significant increase in India.
- Manufacturers are constantly
expanding their supply chains.
- The dental
laser market's competitive landscape is moderately fragmented, with a
few major companies operating on a global and regional scale. Strategic
alliances are being formed by key players in order to expand their
respective portfolios and gain a strong foothold in the global market.
Latest
Developments
- In January 2022, BIOLASE, Inc.
announced the continuation of their collaboration with BMW Performance
Center West (BMW PCW) at The Thermal Club near Palm Springs to provide
dentists with a once-in-a-lifetime opportunity to experience two
cutting-edge pieces of technology: the Waterlase dental laser and BMW
award-winning vehicles.
- Fotona, based in Europe and the
United States, completed the purchase of the Fox III and Fox IV laser
systems, as well as the EmunDo® Therapy system, from A.R.C. Laser GmbH in
September 2020, August 2020.
- BIOLASE announced the
introduction of its novel Epic Hygiene laser at the Greater New York
Dental Meeting, the largest dental meeting in the United States, on
November 29-December 4, 2019. The novel laser system offers dental
professionals a complete solution for effectively treating nonsurgical
periodontitis and increasing clinical output.
Key
Players Operating in the Dental Lasers Market Include:
- CAO Group, Inc.
- Biolase, Inc.
- Sirona Dental Systems Inc.
- Fotona, LLC
- Yoshida Dental Mfg. Co., Ltd.
- KaVo Dental
- Gigaa Optronics Technology Co.,
Ltd.
- Millennium Dental Technologies
Inc.
- LaserStar Technologies
Corporation
- Den-Mat Holdings, LLC
- Han's Laser Technology Industry
Group Co., Ltd
Key
Segments Covered in the Dental Lasers Market Report
Dental
Lasers Market by Laser Type:
- Dental Surgical Lasers
- Diode Dental Lasers
- CO2 Dental Lasers
- Nd:YAG Lasers
- Articulated Arm Lasers
(Er:YAG)
- Fiber-delivered Lasers (Er,
Cr:YSGG)
- Dental Welding Lasers:
- Benchtop Lasers
- Standalone Lasers
Dental
Lasers Market by End User:
- Dental Lasers for Dental
Clinics
- Dental Lasers for Hospitals
- Dental Lasers for Ambulatory
Surgical Centers
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