PUBLISHER: The Business Research Company | PRODUCT CODE: 1387695
PUBLISHER: The Business Research Company | PRODUCT CODE: 1387695
“Dentistry Medical Lasers Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on dentistry medical lasers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for dentistry medical lasers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The dentistry medical lasers market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
Laser technology in dentistry is essential for addressing various dental conditions. These specialized lasers play a key role in procedures such as gum reshaping, root canal bacteria removal, biopsies, and lesion removal.
The primary products within dental lasers include soft tissue, all tissue, and dental welding lasers, specifically designed to manage dental conditions. These lasers find application in conservative dentistry, endodontic treatment, oral surgery, implantology, peri-implantitis, periodontics, and tooth whitening. They are widely utilized in hospitals and dental clinics.
The dentistry medical lasers market research report is one of a series of new reports from The Business Research Company that provides dentistry medical lasers market statistics, including dental lasers industry global market size, regional shares, competitors with a dentistry medical lasers market share, detailed dentistry medical lasers market segments, market trends and opportunities, and any further data you may need to thrive in the dentistry medical lasers industry. This dentistry medical lasers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The dentistry medical lasers market size has grown rapidly in recent years. It will grow from $0.19 billion in 2023 to $0.21 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth observed in the historical period can be linked to several factors such as the increased demand for cosmetic dentistry, the rise in dental implant procedures, the prevalence of dental diseases, the need for minimally invasive dental treatments, and the expanding awareness of dentistry medical lasers.
The dentistry medical lasers market size is expected to see rapid growth in the next few years. It will grow to $0.31 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The anticipated growth in the forecast period is expected due to several factors, including the aging population's focus on oral health, government initiatives promoting dental health, the increasing integration of laser dentistry, and a growing emphasis on eco-friendly dental laser practices. Notable trends foreseen in this period encompass technological advancements, the rise of laser teeth whitening, developments in pediatric dentistry, strategies for biofilm disruption, and the adoption of personalized treatment plans.
The surge in the dentistry medical lasers market is significantly influenced by the escalating prevalence of oral diseases. As indicated by the World Health Organization (WHO), the spectrum of oral health conditions covers dental caries, periodontal diseases, oral cancers, Noma, and various other related ailments. Specifically, periodontal disease, a widespread gum condition among adults, has been reported to affect between 20% to 50% of the population. In a WHO report from March 2023, it was highlighted that around 3.5 billion individuals globally suffered from oral diseases in 2022, with three-fourths of these cases occurring in middle-income nations. Additionally, 514 million children worldwide grappled with primary tooth decay, while 2 billion adults faced issues related to permanent tooth decay. This uptick in oral disease prevalence has led to an increased demand for laser-based treatments, thereby propelling the growth of the dentistry medical lasers market.
The expansion of the dentistry medical lasers market has been significantly influenced by the increasing global geriatric population. As per World Bank data from 2021, approximately 10% of the world's population comprises individuals aged over 65. Furthermore, the World Health Organization's projections indicate a considerable rise in the elderly demographic, with the population over 80 years estimated to triple from 143 million in 2020 to 426 million by 2050. Reports from the Centers for Disease Control and Prevention highlight the oral health challenges faced by the elderly, with statistics showing that 1 in 5 adults over 65 have lost all natural teeth, while 26% of adults over 75 face similar challenges. The expansion of the elderly population has generated increased demand for dental services, thereby stimulating growth in the dentistry medical lasers market.
The constraints related to the high expenses and limitations of dental lasers are expected to impose limitations on the dentistry medical lasers market. As per WebMD, a health information publisher, dental laser machines are notably more expensive than traditional dental drills. Dental lasers range in cost from several thousand dollars to over $100,000, whereas the dental drill costs approximately $600. These lasers come with restrictions such as their inability to work on teeth with existing fillings, treat cavities located between teeth, or remove defective crowns or silver fillings. The combination of high costs and limitations restricts access to dental lasers for a significant portion of the population, impacting the dentistry medical lasers market.
Companies operating in the dentistry medical lasers market are intensifying their focus on research and development endeavors to propel product and technological advancements. This emphasis on R&D allows these firms to solicit and consider top-tier research proposals globally, aimed at delivering superior biologically and clinically advanced performance. The resulting outcome aims to offer patients a more comfortable experience during dental procedures, with expedited recovery times. For instance, BIOLASE, Inc., a prominent figure in dental laser innovation based in the US, has announced the launch of its Research Grant Portal. This initiative seeks to streamline the process of submitting, assessing, and approving research projects, ultimately strengthening the established body of clinical evidence supporting BIOLASE laser technology.
Key players in the cosmetic dentistry market are dedicating their efforts to introducing innovative 3D-printed solutions to enhance patient experiences and results significantly. Specifically, these developments center around the production of long-term dental prostheses like permanent dentures through advanced three-dimensional (3D) printing technology. Stratasys Ltd., a prominent US-based provider of 3D printing solutions, introduced TrueDent in February 2023. This pioneering technology is an FDA-approved, fully colored, monolithic, 3D-printed solution specifically designed for crafting permanent dentures and other dental appliances. TrueDent streamlines the production process within dental laboratories, resulting in swift denture manufacturing while ensuring personalized, visually appealing tooth prostheses. Notably, this innovation addresses common challenges faced by both patients and dental labs by reducing chair time during appointments, simplifying measurement procedures and fittings, and ensuring precise alignment between scans, designs, and fit.
In October 2021, Laser MD Medspa, a US-based company offering medical spa services, completed the acquisition of Young Medical Spa, an undisclosed transaction that marks a strategic expansion. This acquisition extends Laser MD Medspa's presence within Pennsylvania, integrating four new locations to its portfolio. Young Medical Spa is recognized for its comprehensive range of cosmetic and aesthetic treatments, encompassing services like laser hair removal and Botox treatment.
Major companies operating in the dentistry medical lasers market include Biolase Inc., Dentsply Sirona Inc., Fotona d.d., AMD Lasers, ZOLAR Technology & Mfg Co. Inc., Convergent Dental, THE YOSHIDA DENTAL MFG. CO. LTD., CAO Group Inc., Morita Holdings Corp., Bison Medical Co. Ltd., LightScalpel LLC, Den-Mat Holdings LLC, IPG Photonics Corporation, A.R.C. Laser GmbH, Elexxion AG, Gigaa Laser, J. MORITA CORP., Danaher Corporation, Ivoclar Vivadent AG, Syneron Dental Ltd., Lumenis Ltd., Millennium Dental Technologies Inc., Hulaser Inc., Sirona Dental Systems Inc., Bredent Medical GmbH & Co. KG, FONA Dental s.r.o., GPT Dental Inc., Lutronic Corporation, NewTom, ORALIA medical GmbH, PeriLase, Quantum Dental Technologies, Sisma S.p.A., TBR Dental Group, Zest Dental Solutions
North America was the largest region in the dentistry medical lasers market in 2023. Western Europe was the second-largest region in the dentistry and medical lasers market report. The regions covered in the dentistry medical lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the dentistry medical lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The dentistry medical lasers market consists of sales of instruments such as soft tissue, all tissue, and dental welding lasers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.