The Dental Market: Techniques, Equipment & Materials
- The U.S. dental market was worth nearly $7.6 billion in 2007. The market is projected to grow to almost $8.0 billion in 2008 and nearly $10.0 billion by 2013, representing a compound annual growth rate (CAGR) of 4.7%.
- The retail dental care segment is the largest market segment, generating $4.6 billion in 2007 and an estimated $4.8 billion in 2008. This segment should increase to $5.8 billion in 2013, for a CAGR of 3.9%.
- The professional equipment and supplies segment was worth almost $3.0 billion in 2007 and an estimated $3.2 billion in 2008. This is expected to grow at a CAGR of 5.8% to reach $4.2 billion in 2013.
STUDY GOALS AND OBJECTIVES
This BCC Research report, The Dental Market: Techniques, Equipment, and Materials, provides an overview of products included in this market and detailed analyses of markets and competitive environments. The study includes information regarding significant products, players, issues, trends, and other information affecting the dental industry.
REASONS FOR DOING THE STUDY
Although traditional equipment and materials still command a large portion of the dental market, new equipment and materials continue to be introduced. Newer technologies (e.g., dental lasers, cosmetic solutions, and product delivery solutions) continue to have a significant impact on the dental industry. This study updates the previous BCC Research study The Dental Market: Techniques, Equipment, and Materials (HLC028B) by including advances in this arena that have occurred since 2005.
This area covers a wide variety of products and dental conditions that affect all demographic groups. Improving awareness and education is a strong point in advancing the dental market.
SCOPE OF REPORT
This newly updated BCC Research report is designed to be a helpful business tool that provides a thorough evaluation of the market for dental equipment and supplies. The geographic scope of this study is based in the U.S. The report identifies markets in the general segments of dental equipment, dental materials and supplies, restorative/cosmetic, pharmaceuticals, and other. Each market segment discussion provides detailed information based on product categories, uses of products, forecasts, and competitive analyses.
The information for this BCC report was obtained through primary and secondary data-collection methods. Primary methods included interviews with approximately 50 key executives, product managers, and clinical specialists involved in the dental industry. Secondary methods included published literature in the area of dentistry, investment reports, company literature, and various dental journals.
All market data pertains the global market at the manufacturers’ level. Data is expressed in current U.S. dollars. The base year of the report is 2008, with historical data provided for 2006 and 2007, and forecast data provided for 2013. Historical, base year, and forecast data are provided for each market segment of the report. Competitor market share estimates are provided for the two general market segments for the 2008 base year.
Although this study provides information on a variety of products used in the dental industry, it does not include a comprehensive list of all products available.
The dental market is estimated at nearly $6.7 billion in 2005, up from $6.2 billion the previous year. It will reach nearly $9.4 billion in 2010, an average annual growth rate (AAGR) of 7%.
The professional dental equipment and supplies markets are presently worth around $2.3 billion and will see an AAGR of 6.5% through 2010.
The retail dental care market stands at $4.4 billion and will grow to approximately $6.2 billion by 2010.