Global Dentistry Medical Lasers Market Segments
The global dental lasers market is expected to decline from $172.48 million in 2019 to $159.84 million in 2020 at a compound annual growth rate (CAGR) of -7.33%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The market is then expected to recover and reach $206.14 million in 2023 at a CAGR of 8.85%. The rise in the prevalence of oral disease as well as growing geriatric population increases the demand and thereby drives the dental lasers market. However, the high cost and limitations of dental lasers are expected to limit the dental lasers market.
The dental lasers market consists of sales of dental lasers and related services by entities that manufacture dental lasers. Dental lasers are used in the treatment of medical conditions related to teeth. These lasers are used to perform tasks such as gum reshaping, removal of bacteria during the root canal, biopsy or lesion removal. Only goods and services traded between entities or sold to end consumers are included.
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The global dentistry medical lasers market is further segmented based on type and geography. By Product: Soft Tissue, All Tissue, Dental Welding Lasers By End User: Hospitals, Dental Clinics By Application: Conservative Dentistry, Endodontic Treatment, Oral Surgery, Implantology, Peri-Implantitis, Periodontics, Tooth Whitening. By Geography: The global dentistry medical lasers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Trends In The Dentistry Medical Lasers Market
In July 2019, LightScalpel was merged with its sister company LuxarCare into one organization by Aesculight, the parent company for both the companies. The merging of the two companies is to maximize the operational efficiencies and to best serve the global markets. LuxarCare has technical experience in both the industrial and medical carbon dioxide (CO2) laser marketplace. LightScalpel is an American based surgical CO2 laser designer and manufacturer located in Bothell, Washington.
Dentistry Medical Lasers Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides dentistry medical lasers market overviews, analyzes and forecasts dentistry medical lasers market size and growth for the global dentistry medical lasers market, dentistry medical lasers market share, dentistry medical lasers market players, dentistry medical lasers market size, dentistry medical lasers market segments and geographies, dentistry medical lasers market trends, dentistry medical lasers market drivers and dentistry medical lasers market restraints, dentistry medical lasers market’s leading competitors’ revenues, profiles and market shares. The dentistry medical lasers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.