Dental laser market will exceed USD 640 million by 2025; as per a new research report.
Growing preferences of consumers for cosmetic dentistry to improve aesthetics is driving the demand for dental laser systems. Accessibility to superior cosmetic dentistry facilities with mounting awareness especially in developed economies will foster the dental laser industry growth. Moreover, availability of several amenities leads to feasibility for aesthetic procedures including cosmetic teeth whitening, dental veneers, dental implants, dental crowns, teeth shaping and tooth bonding among others. Additionally, non-invasive method of these treatment united with technological advances should trigger the business growth over coming years.
Dental tourism escalation in several countries including India, Malaysia and Mexico among others further accelerates dental laser market growth. Dental tourism provides cost advantage to dental patients thereby tourists prefer dental treatment. Every year individuals travel to these countries for affordable oral treatment that fosters industry growth. Moreover, several benefits delivered by dental tourism such as minimum waiting period and convenience renders a positive impact on dental laser industry growth. However, high cost of laser treatment might hamper the dental laser business growth over the coming years.
Soft tissue dental laser segment accounted for over 64% revenue share in 2018 and will witness considerable growth over the coming years. Technologically advanced soft tissue lasers for gingival contouring provides secured treatment, thereby, favors industry growth. Additionally, usage of diode laser allows quick and precise removal of excess tissue with minimal incision that fosters segmental growth.
Endodontic treatment segment was valued more than 50 million in 2018. Increasing demand for effective tooth repair with reduced pain will foster the segmental growth. Several benefits delivered by endodontic treatment including preserving natural tooth structure, efficiency as well as cost-effective treatment and visually appealing results favor the segmental growth.
Dental clinics segment will grow around 5% during the analysis period. Increasing number of dental implant treatments due to dental tourism boosts patient preference for procedures. Also, convenient diagnosis and screening services provided by dental clinics will further augment segment growth.
Asia Pacific dental laser industry accounted for around 22% revenue share in 2018 and is projected to witness significant CAGR by 2025. Rising adoption of advanced dental laser systems and growing preference for dental tourism for effective assessment and better patient care fosters the regional growth. Availability of improved dental clinics in this region further accelerates the dental laser market growth.
Eminent business players functioning in dental laser market include AMD Lasers, Bison Medical, BIOLASE, CAO, Dentsply Sirona, Convergent Dental, Fotona, LightScalpel, Morita, Yoshida Dental and Zolar Technology. Major business players focus on product enhancement to maintain their financial stability in the industry. For instance, in February 2017 BIOLASE, Inc., a global leader in dental laser received 510(k) clearance for its new fifth generation Waterlase Express all-tissue laser system. Such innovation and introduction of new products helps company?s growth.