Report : Europe Dental Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Dental Restorative, Dental Orthodontics, Dental Consumables, and Other Specialties) and Application (Hospitals, Dental Clinics, and Others)
Hospitals Segment to Dominate Europe Dental Market during 2019–2028
According to a new market research study on “Europe Dental Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Application,” is expected to reach US$ 13,307.65 million by 2028 from US$ 7,777.93 million in 2021. The market is estimated to grow at a CAGR of 8.0% from 2021 to 2028. Technological progress in restorative dentistry is the major factor driving the growth of the Europe dental market. However, limited reimbursements may hinder the growth of Europe dental market. The report provides trends prevailing in the Europe dental market along with the drivers and restraints pertaining to the market growth.
Among all European countries, Spain, Italy, Germany, France, and the UK were most affected due to the increasing number of COVID-19 cases and deaths associated with it. For instance, dental treatment has been on the rise in the UK for several years. The Association of Dental Implantology estimated over 130,000 individual implants procedures to be performed in the UK in a year. According to the recent survey by Dental Tribune International, 329 private dentists in Ireland reported that 86% of practices had to lay off staff due to the COVID-19 pandemic. Moreover, 87% of the respondents felt that they were unlikely to go back to pre-pandemic service levels. Approximately 93% said that the crisis would lead to a distinctive decrease in income, and 67% stated that they could only maintain a viable dental practice for three months at most. Whereas as per the Oral Health Foundation, in England from 8 June 2020, the Government had given the green light for dental practices to reopen.
The Europe dental market is segmented into type, application, and country. The Europe dental market based on the type is segmented into dental restorative, dental orthodontics, dental consumables, and other specialties. In 2020, the dental consumables segment held the largest share Europe dental market. Based on dental restorative the market is divided into dental implants, dental prosthetics, and implant accessories. In 2020, the dental implants segment held the largest share Europe dental market. Based on dental orthodontics the market is divided into fixed braces and clear aligners. In 2020, the fixed braces segment held the largest share Europe dental market. Based on application, the Europe dental market is segmented into hospitals, dental clinics, and others. The hospitals segment held the largest share of the market in 2020. Similarly, based on country, the market is segmented into the Germany, U.K, France, Italy, Spain, and rest of Europe. Germany contributed a substantial share in 2020.
3M; Align Technology, Inc.; Carestream Dental LLC; Danaher; Dentsply Sirona; Ivoclar Vivadent AG; PLANMECA OY; Shofu Global; Ultradent Products Inc; and Zimmer Biomet are among the leading companies in the Europe dental market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Danaher Corporation announced that Envista Holdings Corporation would be the separate company Danaher intends to create and take public via an initial public offering in the second half of 2019. Envista will be comprised of three operating companies within Danaher's Dental segment: Nobel Biocare Systems, KaVo Kerr, and Ormco.
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