PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1463780
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1463780
Market Overview
The total value of the dental compressors market was USD 369.1 million in 2023, and it will rise at a growth rate of above 5.1%, reaching USD 512.8 million by 2030. This development of the industry can be ascribed to the increasing elderly populace throughout the world and the rising occurrence of oral health issues as a result.
Furthermore, the development of the younger populace suffering from these health problems, technical improvements in the field of dentistry, and the steps taken by governments to encourage oral hygiene are projected to boost industry development.
The rise of world tooth decay is associated with frequent snacking, ingesting high sugary content drinks, and the inapt oral hygiene that arises in the oral cavity among others. Health problems like dental caries and tooth decay that tend to be prevalent globally are the leading ones.
Can be also found in people deprived of basic teeth in children adolescents and old adults, although, anyone with teeth even infants can develop them. If left unattended, they will magnify and affect the equatorial depths of the teeth. It's for this reason that the number of people who have to make dental visits frequently because of these problems is therefore increasing the demand for the services thus the market growth.
The same is stated in the latest Global Oral Health Status Report released by the World Health Organization (WHO) 2022, which reveals that more than 3.5 billion people worldwide are affected by oral diseases while practically three out of four are residing in middle-income countries.
Key Insights
In 2023, based on type, the oil-free category led the industry with a 60% revenue share and will uphold its supremacy because of low maintenance needs and high-power efficacy.
The healthcare industry favors oil-free compressors for better patient care, propelling their wide use in emerging and underdeveloped areas.
The lubricated compressor is expected to be moving at a faster CAGR rate because it is less expensive; lightweight, and involves little maintenance.
Wet or lubricated compressors are lubricated with oil for ease in compression of the air, heat exchange, and in-product contamination.
In 2023, the desiccant-based category had a substantial 70% revenue share because of its effective moisture control in the supply of air, freezing resistance, and low working costs.
Desiccant dryers produce tremendously low dew points, don't use ozone-depleting coolants, and consume less energy than vapor-compression systems.
Membrane-based technology is projected to advance faster over the projection period, eliminating moisture by passing air via a semipermeable nitrox membrane.
The membrane dryers are compact, and suitable for placement as close as possible to the site of usage if you need to save space.
One of the two technologies is quite efficient in transporting moisture but stands out in cost, energy consumption, and compactness issues.
In 2023, the North American region led the industry with a 55% share because of technical improvements, enhanced medical infrastructure, lifestyle changes, oral illness occurrence, demographic shifts, and patient awareness.
The U.S. industry is projected to advance significantly, propelled by recognized companies providing dental equipment and the strategic introduction of advanced variants.