Dental laser market projected to almost double in the next few years
Still on the fence for purchasing dental lasers for your practice? Consider that the market should double in the coming years.
According to MicroMarket Monitor, the value of the North American dental laser market in 2014 was US$58.4 million, and it is expected to reach US$90.7 million by 2019, with a compound annual growth rate of 9.2% from 2014 to 2019. The market has released 12,000 market research reports on mini markets every year..
The dental laser produces a narrow beam that causes a reaction with the tissue. As one of the fastest growing segments of the entire dental equipment market, they can be used at different wavelengths to remove or shape tissue during various dental surgeries, treatments, and surgeries.
Dental lasers are used in various fields including laser assisted dental caries diagnosis and management, restorative dentistry, oral diagnostics/stomatology, oral surgery, periodontal disease, gum resection, crown extension surgery, periodontitis treatment, pediatrics, ciliary Resection, pulp disease, biologic stimulation, etc.
The main advantages of these devices are improved patient comfort; less postoperative pain, bleeding and morbidity; reduced anesthetic use; shorter operative time; and higher patient satisfaction. The Americas is the largest market for dental lasers - dentists have demonstrated the highest adoption rate of advanced dental equipment such as dental lasers.
Compared with traditional dental drills and dental handpieces, dental lasers have several other advantages. The device can be used to store teeth that may have been lost due to standard treatment.
The rapid development of technology, lower cost and more compact design make dental lasers more attractive for practice. Previously bulky systems can now use smaller, more portable models. Many structures are similar to dental handpieces. The latest models also use modern fiber optic transmission systems.
Another reason for the increase is the increasing importance of oral hygiene around the world, plus increased disposable income in North America. In addition, the growing population of the middle class, the increasing aging of the population, the decrease in treatment time and operating costs, and the increase in demand for cosmetic dentistry are also major growth factors.
According to data from the US Centers for Disease Control and Prevention, about 500 million people in the United States go to dentists every year. In 2010, the United States spent about $108 billion on dental services. In 2011, about 36,500 new cases of oral cancer were diagnosed. These factors also contribute to the development of the dental laser market.