The Canada dental equipment market size was valued at USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of XX% during the forecast period, 2023–2031. The growth of the market is attributed to the growing elderly population in the nation, rising demand for cosmetic dentistry, and increasing prevalence of dental problems.
Dental instruments are the equipment that dentists use to perform dental care. They include instruments for examining, manipulating, treating, restoring, and removing teeth and oral tissues. The devices used to inspect, repair, and remove teeth, as well as manipulate tissues, are known as standard instruments.
The Covid-19 pandemic affected the demand and supply of Canada dental equipment market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Canada Dental Equipment Market Trends, Drivers, Restraints, and Opportunities
- Growing elderly population is projected to fuel the market during the forecast period.
- Rising prevalence of dental problems is key factor propelling the market in the coming years.
- High cost of dental surgeries is estimated to hinder the market growth.
- Lack of access to medical reimbursement schemes act as major challenge that can impede the market expansion in the coming years.
- R&D investment and technological advancement is expected to create lucrative opportunities for the market players.
Scope of Canada Dental Equipment Market Report
The report on Canada dental equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Canada Dental Equipment Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Product (General & Equipment, Dental Consumables, and Others), Treatment (Orthodontic, Endodontic, Periodontics, and Prosthodontics), and End-user (Hospitals, Clinics, and Others)
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Geographical Scope
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Canada
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Patterson Companies Inc.; Carestream Health; A-Dec Inc.; Dentsply Sirona; and 3M
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Canada Dental Equipment Market Segment Insights
Product Segment Analysis
Based on product, the Canada dental equipment market is divided into general & equipment, dental consumables, and others. The dental laser in general & equipment segment is expected to represent a key share of the market during the forecast period. Dental lasers are used for a number of purposes, including tooth removal, whitening, and root canal treatments.
A dental laser is a laser that is particularly built for use in oral surgery or dentistry. The use of a laser can reduce post-surgery morbidity and the requirement for anaesthetics. Laser tooth whitening, impression troughing, gingivectomies, and other procedures all involve dental lasers.
Treatment Segment Analysis
On the basis of treatment, the Canada dental equipment market is segregated into orthodontic, endodontic, periodontics, and prosthodontics. The prosthodontics segment is expected to represent a key share of the market during the forecast period. Prosthodontics equipment is expected to hold a major market share in the treatment sector during the forecast period.
Rise of prosthodontics equipment in Canada is due to growing emphasis on beauty among Canadians, leading to a compulsive need for prosthesis in the event of dental problems that necessitate them. Increasing number of dentists and growing prevalence of dental disorders, the dental equipment market is expected to expand.
End-user Segment Analysis
In terms of end-user, the Canada dental equipment market is divided into hospitals, clinics, and others. The hospital segment is expected to represent a key share of the market during the forecast period owing to increasing dental problems in older population.
Factors such as rising healthcare industry expenditure to improve infrastructure and use of healthcare technology are boosting market. Oral care equipment's increased usefulness in hospitals has the potential to generate significant income for the industry. Furthermore, as the number of dental clinics grows, business is estimated to expand. Increasing number of dental labs may contribute to the market's steady expansion.
Segments
The Canada dental equipment market has been segmented on the basis of
Product
- General & Equipment
- Dental Consumables
- Others
Treatment
- Orthodontic
- Endodontic
- Periodontics
- Prosthodontics
End-user
Key Players
Competitive Landscape
Key players competing in the Canada dental equipment market include Patterson Companies Inc., Carestream Health, A-Dec Inc., Dentsply Sirona, and 3M. Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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