PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339292
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339292
The global dental lasers market size is expected to reach USD 600.79 million by 2032, according to a new study by Polaris Market Research. The report "Dental Lasers Market Share, Size, Trends, Industry Analysis Report, By Application (Periodontics, Oral Surgery), By End-use, By Product, By Region, And Segment Forecasts, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The industry is driven by the rising prevalence of dental disorders, awareness of oral hygiene, technological advancements, & dental tourism in emerging nations. These factors collectively contribute to the development and expansion of the market. Technological advances have played a significant role in the development of the market. These advancements have led to the manufacturing more efficient systems that offer improved precision, safety, and flexibility.
Such advancements have made laser dentistry a more attractive option for dental professionals. The market also benefits from the rise in dental tourism, particularly in emerging economies. These countries often offer inexpensive dental treatments, attracting individuals worldwide seeking affordable oral healthcare. The demand for dental laser products and services is thus bolstered by the increasing number of patients availing themselves of dental tourism opportunities.
Companies in the market are focusing on new products & services and devising innovative strategic initiatives to stay competitive. Recently, in June 2023, Biolase Inc. strategically positioned itself to leverage the growing business momentum surrounding its highly regarded dental lasers.
The company is focused on implementing operational enhancements to maximize its revenue and capitalize on market opportunities. BIOLASE is confident that its revenue-generating strategies and prudent expense management will contribute to achieving its sales and profitability objectives. The company recently completed an equity offering to further support its financial position, reinforcing its balance sheet and providing additional resources for future growth.
Surgical lasers segment held the majority market share in 2022, owing to rise in dental surgeries seeking lasers
Periodontics segment accounted for largest market share in 2022, owing to rise in cases of gingivitis, and periodontal diseases, owing to un-healthy lifestyle
North America region led the industry market with largest share in 2022, owing to well-developed healthcare infrastructure
The global key market players include: BIOLASE, Fotona, Gigaalaser Group, IPG Photonics Corp., CAO Group, Kavo Dental, Dentsply Sirona, and Lumenis.
Polaris Market Research has segmented the dental lasers market report based on product, application, end use, and region: