The Dental Market: Techniques, Equipment & Materials
The total U.S. dental market reached $12.7 billion in 2010. It is expected to reach $13 billion in 2011 and it will further grow to $14.4 billion by 2016 at a compound annual growth rate (CAGR) of 2.0%.
SCOPE AND FORMAT
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 on the U.S. market. The report identifies markets in the general segments of dental equipment, dental materials and supplies, restorative/cosmetic, pharmaceuticals, and other segments. Each market segment discussion provides detailed information based on product categories, uses of products, forecasts, and competitive analyses.
Melissa Elder is an experienced healthcare market analyst specializing in prescription and over the counter (OTC) pharmaceuticals, medical devices, and emerging healthcare technologies. Ms. Elder has nearly 20 years of experience in the healthcare industry, specializing in market research for the past 14 years. This experience has given her substantial insight into pharmaceutical market analysis. Her work in the medical community, including emergency room medical training and healthcare information system coordination, has enhanced her ability to provide insight into many healthcare markets.
- 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.
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.