Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 398.3 Million | USD 693.32 Million | 5.7% | 2023 |
According to Zion Market Research, the global Dental Lasers Market was worth USD 398.3 Million in 2023. The market is forecast to reach USD 693.32 Million by 2032, growing at a compound annual growth rate (CAGR) of 5.7% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Dental Lasers Market industry over the next decade.
Dental Lasers are simply lasers fabricated to be used in dental surgeries and procedures. They are used to treat a wide range of conditions and are preferred over traditional methods of dental practices such as drilling. This is because they are relatively more efficient and convenient than traditional practices. There is a multitude of Dental Lasers that are utilized by specialists for the purpose of dental practices such as Carbon Dioxide Laser, Diode Laser, and Erbium Laser among others.
The rising need for non-invasive and slightly invasive dental practices is the key factor that is augmenting the global Dental Lasers Market. Increasing occurrences of a multitude of dental diseases and conditions will advance the market for Dental Lasers, during the forecast period.
Before the COVID-19 pandemic, companies in the Dental Lasers market were expanding at a steady pace. However, during the pandemic, the demand for Dental Lasers dropped significantly. This can be accredited to the worldwide lockdown and the widespread infection rate of the virus.
Due to the lockdown, the dental procedures that were classified as elective were pushed forward, indefinitely. Additionally, hospitals did not take on patients for oral care and hygiene procedures, due to the high risk of infection. Furthermore, most Dental Clinics were shut down due to the high infection rate of the virus. All these factors had a cumulative impact on the Dental Lasers market, which declined significantly.
Rising prevalence of oral diseases, government initiatives, enhanced healthcare expenditure, technological advancements and rising awareness regarding dental health are some of the key factors that advance the Dental Lasers market.
The world population, currently, is struggling with a large number of oral diseases. Due to the high prevalence of these diseases, dental procedures to treat them, are being utilized abundantly. Additionally, rising awareness regarding dental safety and health, coupled with increased healthcare expenditure drive the market for Dental Lasers, globally.
Subsequently, with technological advancements, novel treatment methods are being studied and evaluated. This further drives the demand for Dental Lasers. Moreover, there is a surge in government initiatives, for dental sanitation, to ensure the health and safety of the public. This will bolster the Dental Lasers market, in the coming years.
Report Attributes | Report Details |
---|---|
Report Name | Dental Lasers Market |
Market Size in 2023 | USD 398.3 Million |
Market Forecast in 2032 | USD 693.32 Million |
Growth Rate | CAGR of 5.7% |
Number of Pages | 150 |
Key Companies Covered | Biolase Inc., Laserstar Technologies, Fotona, Dentsply Sirona, Convergent Dental, Zolar Technology & Mfg. Co. Inc., AMD Lasers Inc., Ivoclar Vivadent AG, Envista Holdings Corporation, and Lumenis among others. |
Segments Covered | By Product, By Application, By End User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Application Segment Analysis Preview
The Periodontics segment held a share of over 36% in 2023, becoming the most dominant segment, globally and it is expected to maintain its dominance, during the forecast period. This dominance can be credited to various factors that include the rising prevalence of gum diseases, enhanced lifestyle standards, and transition in eating habits.
The world today, is observing a dynamic shift in their eating habits due to economic growth, rising disposable incomes and enhanced lifestyle standards. Due to this, an enormous number of people suffer from gum diseases, cavities and other dental conditions.
Subsequently, the Oral Surgery segment holds a significant share in the Dental Lasers Market. This can be accredited to the increasing burden of oral cancers and the growing focus on dental appearance. With a rising focus on dental appearances, a large number of the population is opting for elective procedures such as Veneers, Cosmetic bonding, among others. This enhances the market for Dental Lasers, in the Oral Surgery segment.
The Dental Clinics segment is anticipated to reach a CAGR of over 4.3% between 2021 and 2028. This is attributable to the immense demand and usage of Dental Lasers, for a multitude of purposes, at Dental Clinics.
With rising prevalence of a number of gum diseases and oral cancers, the demand for dental procedures has been on the rise. Additionally, the rising healthcare segment and government initiatives, enhance the access to medical care services and facilities, worldwide. Due to this, a large number of people are seeking oral and dental care. This enhances the growth of Dental Clinics in the Dental Lasers market. Furthermore, increase in the number of dental specialists and dental care facilities, and the advanced Dental Lasers market in the Dental Clinics segment.
Subsequently, the Hospitals segment held a notable share of the Dental Lasers market in 2023. This is attributable to the widespread dental services that are offered at a multitude of hospitals, across the world.
The North American region accounted for a share of over 33% in 2032. This is attributable to various factors such as rising awareness regarding oral sanitation, technological advancements, well established and highly advanced healthcare sector and high prevalence of oral conditions and diseases, in the region.
Developed economies like the US and Canada have well-established and highly advanced healthcare systems. Due to this, they have a large number of investments in the healthcare industry, for developing and innovating oral procedures. This advances the Dental Lasers market in the region. Additionally, technological advancements in the region contribute to the development of novel procedures in the dental segment. Subsequently, the rising prevalence of oral conditions such as oral cancer, and gum diseases, among others, advances the market for Dental Lasers, in the region.
The Asia Pacific region is expected to reach a CAGR of over 8.7% between 2024 and 2032. This is attributable to various factors such as the rapidly growing healthcare industry, increasing population, growth in the Research and Development (R&D) sector, and a large number of tobacco and nicotine-based products consuming population.
Countries like China, India, Japan, and South Korea have rapidly growing healthcare systems. Additionally, governments across various countries in the Asia Pacific region are taking initiatives and making huge investments in their healthcare system, to enhance their medical care and facilities. Furthermore, the region has a large tobacco-consuming population. This enhances the dependency of the population on dental procedures. This will enhance the market for Dental Lasers, in the coming years.
Subsequently, with the increasing population, the demand for dental procedures increases as well. Moreover, boost in R&D sector will enhance the requirement of Dental Lasers for innovative procedures.
Some of the key players in the Dental Lasers market are
The global Dental Lasers Market is segmented as follows:
FrequentlyAsked Questions
The global Dental Lasers Market was valued at USD 398.3 Million in 2023.
The global Dental Lasers Market is expected to reach USD 693.32 Million by 2032, growing at a CAGR of 5.7% between 2024 to 2032.
Some of the key factors driving the global Dental Lasers Market growth are rising prevalence of oral diseases, government initiatives, enhanced healthcare expenditure, technological advancements and rising awareness regarding dental health.
North America region held a substantial share of the Dental Lasers Market in 2020. This share can be credited to rising awareness regarding oral sanitation, technological advancements, well established and highly advanced healthcare sector and high prevalence of oral conditions and diseases, in the region.
Some of the major companies operating in the Dental Lasers Market are Biolase Inc., Laserstar Technologies, Fotona, Dentsply Sirona, Convergent Dental, Zolar Technology & Mfg. Co. Inc., AMD Lasers Inc., Ivoclar Vivadent AG, Envista Holdings Corporation and Lumenis among others.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed