Growth in Aging Population to Influence Dental Lasers Market Growth at a Promising CAGR of 5.2% During Forecast 2017-2023

Market Overview:
Dental lasers are considered devices that emit coherent light beams, mainly suited to perform oral surgeries. These lasers prevent the need for surgical instruments like coherent light beams, coherent light beams, and handpieces. Dental lasers also offer benefits like less contamination, less trauma, and less bleeding and are being accepted across the globe due to their ability like short healing time, lower light exposure, portability, and does not require anesthesia. The global dental lasers market, as per a report by Market Research Future (MRFR) is touted to register a healthy CAGR of 5.2% during the assessment period (2017-2023).
The increasing number of dental disorders among the global population and surging awareness associated with oral hygiene is considered the key growth stimulants of the dental lasers market. Innovations made in treatment technologies and dental disorders diagnostics are estimated to offer the market a thrust. Advantages like reduced need for sutures and minimized bleeding are likely to encourage the market growth across the globe.

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Competitive Dashboard:

·         Biolase
·         AMD Lasers
·         Convergent Dental
·         Cao Group
·         Fotona D.D
·         Danaher Corporation- Kavo Dental GmbH
·         Millennium Dental Technologies
·         Ivoclar Vivadent AG
·         Syneron Dental Lasers-Syneron Medical Ltd
.
Segmental Analysis:

·         The Dental Lasers Market has been segmented on the basis of application, product, and end users.
·         By product, the dental lasers market is segmented into all tissue dental lasers and soft tissue dental lasers. Of these, the soft tissue dental lasers segment will expand at a significant pace due to rising incidences of soft tissue disorders like gingivitis periodontal disorders.
·         The application segment comprises oral surgery, endodontic treatment, peri-implantitis, implantology, periodontics, and others. Of these, the periodontics segment will gain prominence due to the surging number of periodontics and increasing the spending power of the consumers.
·         The end users’ segment is segmented into ambulatory surgical units, hospitals & clinics, and academic & research organizations.

Regional Frontiers:

Geographically, the dental lasers market spans across Europe, Asia Pacific, North America, and the Middle East & Africa.
Considering the global scenario, North America is estimated to acquire the lion’s share and dominate the market, mainly due to the surging cases of dental diseases and increased expenditure on healthcare. As per a study by the National Institute of Dental & Craniofacial Research, around 92% of the adults are predicted to suffer from dental diseases. The existence of developed countries like Canada and the U.S. are further likely to influence the market growth in the region.
Europe bags the second spot with 30%-35% of the total market share. The growth of the regional market can be ascribed to the high dental healthcare expenditure, surging penetration of the market players, and increased government support for the dental sector.
The Asia Pacific is estimated to expand at a rapid pace due to the surging geriatric population, increased preferences for minimally invasive surgeries, and soaring awareness regarding dental lasers. The rapid boom in the dental industry has made the region lucrative for market expansion and development. The rising awareness regarding the guaranteed treatment of dental lasers has further encouraged the market growth. In this region, India is likely to experience significant growth due to surging number of dental diseases caused due to high consumption of alcohol, tobacco, and other products. Surging demand for cosmetic dentistry, coupled with the rising medical tourism will propel the market growth in the APAC.

Industry Updates:

September 2019: LBP Optics, a supplier of infrared optics and laser mirrors for laser cutting and welding, research and development, military and defense systems, medical and dental lasers, and other, has recently declared that the company has purchased Symons Mirror Technology. The acquisition will enable LBP Optics to manufacture complex shapes like axicons, polygons, aspheric, infrared domes, and others.

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