According to Data Bridge Market Research new Market report “Global Dental Lasers Market, By Product Type (Soft Dental Laser (Diode Laser System, Co2 Laser System, Nd: YAG Laser Systems), All Tissue Dental Laser (Er: YAG Laser Systems, Er,Cr: YSGG Laser Systems), Dental Welding Laser), By Application, By End-User (Hospitals, Dental Clinics), By Geography (North America, Europe, APAC, South America, Middle East and Africa) – Trends and Forecast to 2024”, is estimated at USD 183.5 million in 2016 and is projected to reach USD 278.4 million by 2024, at a CAGR of 6.3% during the forecast period from 2017 to 2024.Access Full Rpeort: http://databridgemarketresearch.com/reports/global-dental-lasers-market-trends-forecast-2024/
In the past decade the market for lasers in dentistry has grown rapidly owing to acceptance of dental lasers by the FDA. The clearances are processed by the Center for Devices and Radiological Health (CDRH) in the FDA. According to American Dental Association there are 195,722 active dental professional in U.S. which is expected to reach 208,423 by 2020. Japan is considered as the second largest dental market owing to rising number of dentists in Japan. In Japan there is boom of dental healthcare owing to governments “80-20” initiative since 1990. There are about ~70,000 dental clinics in Japan, and further dentists have started to do door to door checkups for old age population seeking periodontal care.
The major driving factor for this market is increasing incidence of dental disorders and cosmetic surgeries along with increased awareness of dental health is expected to fuel the growth of this market in the forecast period 2017 to 2024. The market is also expected to grow owing to the large potential of dentists still not using dental lasers, so with increasing demand and awareness the market is expected to grow exponentially in the forecast period.
Based on geography the market is segmented into North America, Europe, Asia-Pacific, South America and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. In 2017, North America is expected to dominate the dental lasers market with 39.6% market share followed by Europe and APAC.
The global dental lasers market is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the examples for these strategies are In January 2016, Biolase, Inc. entered into a development and distribution agreement with IPG Photonics Corporation’s medical laser division, IPG Medical. The report includes company share data for different geographies including Global, North America, Europe and APAC.
Some of the major players operating in this market are Amd Lasers, Cao Group, Inc., Biolase, Inc., Fotona D.D., Kavo Dental GmbH (A Danaher Corporation Company), Ivoclar Vivadent AG, Sirona Dental Systems, Inc., Syneron Dental Lasers-Syneron Medical Ltd., Bison Medical Co.,LTD., LightScalpel, The Yoshida Dental MFG. Co., Ltd., Zolar Technology & MFG. Co. Inc., FONA Dental, s.r.o., Convergent Dental, Inc., GPT Dental, Inc., and Millennium Dental Technologies, Inc. among others.
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