The dental equipment market is expected to experience substantial growth through 2021, according to a MarketsandMarkets report.
Here are five things to know:
1. Between 2016 and 2021, the market is projected to increase at a compound annual growth rate of 4.9 percent.
2. Last year, the general equipment segment held the largest share of the global dental equipment product segment due to increasing adoption of CAD/CAM systems.
3. Europe had the largest market share in 2015 due to favorable reimbursement, a growing geriatric population and more government healthcare expenditures.
4. Asia Pacific is projected to have the highest growth rate in the aforementioned time frame due to less strict regulations, more demand for dental procedures as well as a rise in dental tourism.
5. Market players include Danaher, Dentsply Sirona, Planmeca and Carestream Health.
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