Asia Pacific Dental Equipment Market Overview:
The Asia Pacific (APAC)
Dental equipment Market was estimated at $
1427 million in 2018 and is expected to reach $ 2192 million by 2025, growing at a compound annual growth rate
of 6% over the 2018-2025 forecast period.
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Pacific Dental equipment Market Research Report @ https://www.researchcosmos.com/reports/asia-pacific-dental-equipment-market/86153400
Drivers, Challenges
and Opportunities:
It is expected that the dental equipment market in Asia
Pacific will grow at a steep pace over the next few years. Therapeutic and
diagnostic technologies and the increase in cosmetic dental advances are some
of the key factors that are expected to accelerate the growth of the market
over the next few years. It is also expected that trends in the dental tourism
industry in some developing countries accelerate the growth of the market in
this region in the near future. An increasing number of older people is an
important factor that is expected to increase demand for dental equipment.
Government initiatives related to dental hygiene are another factor that
promotes the growth of the APAC market.
In recent years, governments in many countries have begun to
reform their dental health promotion. In addition to the dental equipment
market, dentists have also been affected by rising demand for cosmetic
products. In the last five years, the amount of money spent on cosmetic
dentistry has increased significantly. On the other hand, the increase in taxes
on medical devices and the increase in costs of advanced technology equipment
would be an obstacle to the growth of the market over the next few years. In
addition, the growing market of regenerative dental equipment is another key
factor that is expected to limit the growth of this market over the coming
years. However, it is expected that the increase in income available to
consumers in some developing countries will generate promising growth
opportunities for market participants around the region.
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Geographic
Segmentation:
According to geography, the Asia Pacific market is divided
into India, China, Japan, Australia, New Zealand and Korea. The countries of
this region like India, China, South Korea, Malaysia, Thailand and Singapore, are
expected to offer lucrative growth with the rise of per capita income and
emerging economies.
Some companies operating in the dental equipment market include 3M
Company, Carestream Health, Inc., Biolase, Inc., GC Corporation, Dentsply
International, Inc., A-Dec, Inc., Planmeca OY, Danaher Corporation, Ivoclar
Vivadent AG, Straumann, Henry Schein, Inc., Hu-Friedy Mgf Co., Noble Biocare,
Midmark Corporation and Sirona Dental Systems, Inc.
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