Dental Equipments Market by Product , & End User - Global Forecast to 2026

The Dental Equipments Market is expected to reach USD 6.2 billion in 2021 and USD 8.9 billion by 2026, growing at a CAGR of 7.7% over the forecast period. Because of expanding consumer knowledge, increasing prevalence of oral health issues, sedentary and changing lifestyles, and rising dental tourism. A growing number of dental laboratories are investing in CAD/CAM technologies, which will open up a plethora of possibilities.

During the projection period, however, the high cost of dental imaging equipment and the absence of reimbursement for dental procedures are projected to limit the market's growth.

The impact of COVID-19 on the Dental Equipments Market

The COVID-19 epidemic has had a good and bad impact on large enterprises around the world, interrupting production cycles and supply chains in a variety of industries. As the number of infections shows no indications of abating, the dental equipment business has encountered enormous obstacles in eradicating the pandemic. A second wave of the epidemic is currently affecting half of the planet.

The COVID-19 outbreak has forced the cancellation of several dental events. For example, KRAKDENT 2020, Poland's largest dentistry expo, which attracts over 15,000 guests from around the world, has been delayed.

The COVID-19 epidemic, according to Guillaume Daniellot, the CEO of Straumann Group, is likely to affect sales in Asia Pacific by 10% in FY 2020.

DENTSPLY Sirona reportedly forecasted a USD 60–70 million drop in sales in the Chinese, South Korean, Taiwanese, and Japanese markets in FY 2020.

The global dental care industry has been severely hit by the COVID-19 outbreak. According to the American Dental Association, 3/4 of dental practises in the United States admitted only emergency patients as of April 2020, and 18% of businesses were completely shuttered. 

As a result, most dentists indicated that their total collections were less than 5% of the national average. According to the same source, dental care spending in the United States might drop by as much as 66% in 2020 and 32% in 2021.