The Present Covid-19 Situation Has Reduced The Frequency Of Dental Visits To Hospitals And Clinics, Resulting In A Fall In Demand For Dental Equipment
In the treatment and management of various dental illnesses, dental radiography equipment, dental lasers, systems and parts, laboratory machines, hygiene maintenance devices, and other equipment are employed. Over the projected period, the increasing frequency of untreated tooth decay is expected to drive growth in the worldwide dental equipment market. For example, between 2011 and 2016, the prevalence of untreated dental decay in primary teeth was 10% among children aged 2–5 years and 16% among those aged 6–8 years, according to the Centers for Disease Control and Prevention's Oral Health Surveillance Report, 2019.
Furthermore, technological advancements in imaging and radiology that aid in the treatment of dental problems, the consumption of harmful substances such as tobacco or alcohol that cause tooth damage, and an increase in the number of dental clinics and practitioners that generates more demand for Dental Equipment are some of the other factors expected to stimulate market growth. There are various constraints and problems that can stymie market expansion. High dental equipment costs may operate as a global limitation on the total market.
The present COVID-19 situation has reduced the frequency of dental visits to hospitals and clinics, resulting in a fall in demand for dental equipment. Dentsply Sirona reported a 7.6 percent drop in net sales for the first quarter of 2020, or 4.3 percent in organic terms, due to low patient volumes and elective treatments. This downward trend in revenue and net sales was noted in a number of other companies in the market. However, this is considered to be a short-term blip, and the market will resume rise in the near future.
Dental radiology equipment, dental lasers, systems, laboratory machinery, hygiene maintenance devices, and other equipment are examples of dental equipment. Dental lasers are utilised for a variety of purposes, including tooth removal, whitening, and root canal surgeries, and as a result, they will be in high demand. The demand for CAD/CAM systems is predicted to rise as these systems shorten process times and enhance diagnosis and treatment outcomes.
Expansion in dental problems and rising need for effective surgical dental care services are the key factors driving market growth, while the cosmetic industry's developing trend is also a factor driving market growth. Furthermore, rising preference for dental consumables such as crowns and bridges over implants will drive market demand in the approaching years. However, high treatment costs and ineffective reimbursement policies are constraining factors for the industry, while a lack of patient awareness will be a challenge. Furthermore, technological advancements such as CAD/CAM, as well as an expanding geriatric population, would generate profitable prospects for the market during the projection period.
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