Market Research Report
Dental Compressors Market, By Product, By Technology, By Application, and By Geography - Analysis, Share, Trends, Size, & Forecast from 2014 - 2025
|Published by||AnalystView Market Insights||Product code||918884|
|Published||Content info||167 Pages
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|Dental Compressors Market, By Product, By Technology, By Application, and By Geography - Analysis, Share, Trends, Size, & Forecast from 2014 - 2025|
|Published: October 1, 2019||Content info: 167 Pages||
Dental Compressors Market, By Product (Dental Lubricated Compressors and Dental Oil-Free Compressors), By Technology (Desiccant Based Compressors and Membrane Based Compressors), By Application, and By Geography (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) - Analysis, Share, Trends, Size, & Forecast from 2014 - 2025.
The dental compressors market was valued at USD 310.9 million by 2018, growing with 4.1% CAGR during the forecast period, 2019-2025.
Dental air is normally supplied through a compressor. This device is fitted with an air-intake filter, dryer system and post-compression filtration. The dryer system is engaged in producing air with an atmospheric dew-point. Whereas, the filter system ensures the efficiency of dental instruments by minimizing the risk of contamination of the system by micro-organisms. Growing awareness and the importance of oral health is expected to fuel industry growth to a great extent. Furthermore, increasing incidences of dental related problems will stimulate product demand, driving industry growth. As per the FDI World Dental Federation, oral problems affect over 4 billion populations across the globe, with dental caries (untreated tooth decay) impacting half of the global population. However, lack of product awareness coupled with high cost pulls back the market growth during the forecast period.
In terms of products, the industry is categorized as oil-free compressors and lubricated compressors. Among these, dental oil-free compressors are identified as one of the most lucrative segments of this market. These products' ability to function at relatively lower maintenance costs coupled with the introduction of noiseless devices are some factors supporting the aforementioned conclusion.
In addition, low product cost will help manufacturers to gain penetration in developing economies with a flourishing dental tourism market over the next six years. This equipment is primarily used as the source of test gas, especially for small systems. For large systems, a medical air cylinder is preferred as an alternative option. An increasing number of dental procedures coupled with rising incidences of oral diseases is one of the major drivers for the worldwide dental air compressors market. As per the World Dental Federation (FDI), oral disease affects more than 4 billion populations globally, with dental caries (untreated tooth decay) impacting half of the global population.
Depending upon technology, the industry is bifurcated into desiccant based compressors and membrane-based compressors. Desiccant technology compressors captured major chunk of the global revenue, i.e. over 60% of the worldwide industry share.
Application-wise, the global market is divided into hand pieces, chair valves, scalers, and others. Dental hand pieces are the maximum revenue generating application, accounting for over 40% revenue share. Introduction of high quality hand pieces coupled with growing product demand would in turn support the segment growth.
Regionally, North America accounted for the highest revenue share whereas, Asia Pacific region is growing with promising growth rate during the study period. Technology advancements, increasing incidences of dental problems and rising patient awareness are among key factors attributing to the market growth in these developing as well as developed regions.
Companies namely Midmark Corporation, Gnatus, Tech West Inc., Durr Dental, Air Techniques, Kaeser Dental, Foshan Core Deep Medical, Aixin Medical Equipment, and Best Dent Equipment Limited are actively operating in this industry.
The market size and forecast for each segment and sub-segments has been considered as below:
The scope of this report covers the market by its major segments, which include as follows: