Dental Laser Market Size to exceed USD 180 Mn by 2025
Published Date: October 23, 2019 Authors: Sumant Ugalmugle
Dental Laser Market size is set to exceed USD 180 million by 2025; according to a new research report by Global Market Insights, Inc. The global dental laser market is anticipated to progress at 5.4% CAGR from 2019 to 2025.
Increasing prevalence of oral diseases worldwide is the major driver boosting dental laser business progress. Favorable reimbursement scenario in developed countries for several dental diseases including mouth cancer will surge the demand for dental procedures. Increasing R&D investments in dental laser industry will substantially upsurge revenue share during the analysis period. Moreover, availability of several insurance schemes for quick, convenient and affordable laser treatments will foster dental laser industry growth over the coming years.
Technological advancements in dentistry will primarily favor dental laser market expansion
Technological advancements and increasing adoption of laser in dentistry will positively impact dental laser business growth. Focus of several manufacturers on product enhancement for effective patient treatment will favor industry growth. For instance, BIOLASE, Inc., manufactured Waterlase system containing water spray as well as laser energy source. It can perform several procedures with reduced complications and less damage to teeth. Massive demand for such advanced products will accelerate the industry growth.
Availability of various soft tissue laser systems such as CO2 laser systems and diode laser systems will prove beneficial for segmental growth
Product segment of the dental laser market include soft tissue and hard tissue dental lasers. Soft tissue lasers cover CO2 laser systems, diode laser systems and Nd:YAG laser systems whereas hard tissue lasers cover Er:YAG laser systems and Er,Cr:YSGG laser systems. Soft tissue dental laser segment was valued more than USD 80 million in 2018 and will witness momentous growth over the analysis timeframe. Adoption of soft tissue laser in several procedures including periodontal treatments, gingivectomies, frenectomies, crown lengthening and aphthous ulcers will accelerate the segmental growth.
Browse key industry insights spread across 135 pages with 159 market data tables & 8 figures & charts from the report, “Dental Laser Market Size By Product (Soft Tissue Dental Laser [CO2 Laser Systems, Diode Laser Systems, Nd:YAG Laser Systems]), All Tissue Dental Laser [Er:YAG Laser Systems, Er,Cr:YSGG Laser Systems]), By Application (Oral Surgery, Peri-Implants, Periodontics, Endodontic Treatment, Tooth Whitening, Conservative Dentistry), By End-use (Dental Clinics, Hospitals), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, The Netherlands, Japan, China, India, Australia, South Korea, Brazil, Mexico, Saudi Arabia, South Africa, UAE), Application Potential, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
Patient preference towards preservation of natural tooth structure will spur conservative dentistry business size
Dental lasers have application in oral surgery, peri-implants, periodontics, endodontic treatment, tooth whitening, conservative dentistry and others. Conservative dentistry segment accounted for around 13% revenue dental laser market share in 2018 and will witness robust CAGR by 2025. Increasing demand for preservation of natural tooth structure will upsurge business revenue during the forthcoming years. Usage of conservative dentistry in multiple areas including placement of crowns, dental bonding and root canals should further favor segmental growth. Moreover, customized treatment plans for every patient based on dental conditions, will augment conservative dentistry segment growth.
Favorable reimbursement policies for procedures performed in hospital settings will favor segmental expansion
Hospitals segment held significant revenue share in 2018 and is projected to witness around 5% CAGR over the forthcoming years. Availability of advanced equipment in hospital settings and increasing applications of laser in dentistry will foster segmental growth. Favorable reimbursement policies for procedures performed in hospitals settings will surge the number of hospital admissions, thereby, driving industry growth.
Europe dental laser market is anticipated to reach USD 50 million by 2025. Increasing health concerns and awareness regarding oral health among population will drive the regional dental laser industry growth. Rising demand for cosmetic dentistry in the region will positively impact business growth. Well-developed healthcare infrastructure along with increasing healthcare spending for corrective oral health management should further foster European market growth.
Inorganic strategies including collaborations and acquisitions will offer growth opportunities to market players
Major industry players operating in dental laser market share include AMD Lasers, Bison Medical, BIOLASE, CAO, Dentsply Sirona, Convergent Dental, Fotona, LightScalpel, Morita, Yoshida Dental and Zolar Technology. Several initiatives undertaken by market players such as mergers and collaboration to withstand industry competition will prove beneficial for business growth. For instance, in September 2018, Dentsply Sirona introduced SiroLaser in the U.S. It is a primary dental diode laser emitting blue light at a specific wavelength that enables painless cutting. Such strategies aim at enhancing company’s existing product portfolio and strengthening customer base.
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