Dental Sterilization Market is anticipated to grow at a CAGR of 6.4% from 2020 to 2030.
Market Industry Reports (MIR) has published a new report titled “Dental Sterilization Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global dental sterilization market accounted for over approximately US$ 1.1 billion in 2019. It is anticipated to grow at a CAGR of 6.4% from 2020 to 2030.
The growth of the dental sterilization market can be attributed to factors such as the increasing prevalence of dental diseases and the expansion of vendors in the emerging market. Moreover, increasing technological advancements in dental services and the rising preference for cosmetic dental procedures are further contributing to the market growth. However, the sterilization of complex dental devices involves more time & efforts, which is likely to hinder growth of the dental sterilization market.
The increasing prevalence of conditions, such as periodontal or gum diseases and tooth decay in low-income countries, are boosting the growth of the dental sterilization market. According to the 2017 Global Burden of Disease Study, it was estimated that around 2.3 billion people were suffering from caries of permanent teeth and more than 530 million children are suffering from caries of primary teeth. Proper sanitization of hospitals and dental clinics ensures the safety of patients availing treatments by avoiding the complications of cross-contamination. Hence, the growing awareness regarding oral health issues and the rising prevalence of oral diseases are likely to propel growth of the dental sterilization market.
Technological advancements in dental sterilization equipment technologies over the past few decades are outstanding. There are various new & advanced products being launched in the market for efficient sterilization and disinfection. For instance, in September 2019, Midmark Corp introduced updated Midmark M9 and M11 Steam Sterilizers at the ADA FDI World Dental Conference in San Francisco. These sterilizers provide reliability and simplicity in dental practices to deliver safe & efficient care. Moreover, companies are focusing on innovations in dental handpiece maintenance and sterilization. For instance, Lexa Sterilizer utilizes the steam-condensing vacuum technology to deliver bone-dry loads with impressive efficiency.
Browse key industry insights spread across 160 pages with market data tables & figures & charts from the report, Dental Sterilization Market By Product (Equipment and Consumables & Accessories), By End User (Hospital, Dental Laboratories, and Clinics) – Global Analysis & Forecast 2020-2030 in detail along with the table of contents:https://www.marketindustryreports.com/dental-sterilization-market/358
The growing trend of outsourcing dental sterilization services to third-party providers and stringent regulations related to dental devices are expected to hamper market growth. Moreover, the sterilization & cleaning of complex high-tech dental devices and noncompliance with sterilization standards further restrict growth of the dental sterilization market.
The Asia Pacific dental sterilization market is expected to witness the highest CAGR during the forecast timespan. The increasing number of dental clinics is one of the key factors that is expected to fuel growth of the Asia Pacific dental sterilization market over the forecast period. The other factors which contribute to market growth in this region include large population, rising incidences of dental ailments, and attractive dental tourism destination due to affordable treatments costs when compared with developed countries.
Some of the prominent players in the dental sterilization market include Getinge AB, Tuttnauer, Midmark Corporation, W&H Group, MATACHANA GROUP, SciCan Ltd., COLTENE GROUP, Dentsply Sirona, A-dec Inc., and Nakanishi Inc., among others.
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