Market Size of Canada Dental Equipment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Canada Dental Equipment Market Analysis
Factors that are responsible for the growth of the market are the aging population in the country, increasing demand for cosmetic dentistry, and increasing incidence of dental diseases.
Due to the increasing aging population, there has been an increase in the number of dental implants and oral surgeries being performed. In addition, there is a decrease in manual dexterity and an increase in comorbidity and medications affecting the oral cavity. Hence, dental care in aged care facilities is found to be poor, and access to dental professionals is difficult. There are several other risk factors, such as smoking, poor oral hygiene, diabetes, medication, and hereditary conditions, which are also connected to the increase in dental diseases.
It has been observed that the aging population of Canada is increasing steadily for the past 40 years. It is estimated that 23% and 25% of the total population of Canada will be aged above 65 by the year 2036, as per the report published by the Government of Canada. This rise in the aging population will ultimately cause a rise in the prevalence of dental disorders which will boost the growth of the market studied.
Canada Dental Equipment Industry Segmentation
Dental instruments are tools used by dental professionals to provide dental treatment. They include tools to examine, manipulate, treat, restore, and remove teeth and surrounding oral structures. Standard instruments are the instruments used to examine, restore, and extract teeth and manipulate tissues.
By Product | ||||||
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Other Dental Devices |
By Treatment | |
Orthodontic | |
Endodontic | |
Peridontic | |
Prosthodontic |
By End User | |
Hospitals | |
Clinics | |
Other End Users |
Canada Dental Equipment Market Size Summary
The dental equipment market in Canada is experiencing growth driven by several key factors, including an aging population, increased demand for cosmetic dentistry, and a rise in dental diseases. The aging demographic is leading to a higher prevalence of dental disorders, which in turn is boosting the demand for dental implants and oral surgeries. This demographic shift is compounded by challenges such as decreased manual dexterity, increased comorbidity, and medications affecting oral health, particularly in aged care facilities where access to dental professionals is limited. Additionally, risk factors like smoking, poor oral hygiene, diabetes, and hereditary conditions are contributing to the rise in dental diseases, further propelling market growth.
In terms of market dynamics, prosthodontic equipment is expected to dominate the market share due to its extensive application in dental corrections and the growing demand for dental prostheses among the aging population. The Canadian market is moderately competitive, with global players like 3M, Dentsply Sirona, and Carestream Health holding significant market shares over local players. The market is poised for further expansion with ongoing investments in research and development, technological advancements, and potential new entrants focusing on product innovation. These factors are anticipated to enhance the competitive landscape and drive the growth of the dental equipment market in Canada.
Canada Dental Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Aging Population and Increased Dental Diseases
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1.2.2 Increasing Demand for Cosmetic Dentistry
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1.3 Market Restraints
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1.3.1 Increasing Cost of Surgeries
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1.3.2 Lack of Proper Reimbursement of Dental Care
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 General and Diagnostics Equipment
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2.1.1.1 Dental Laser
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2.1.1.2 Radiology Equipment
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2.1.1.3 Dental Chair and Equipment
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2.1.1.4 Other General and Diagnostic equipment
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2.1.2 Dental Consumables
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2.1.2.1 Dental Biomaterial
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2.1.2.2 Dental Implants
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2.1.2.3 Crowns and Bridges
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2.1.2.4 Other Dental Consumables
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2.1.3 Other Dental Devices
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2.2 By Treatment
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2.2.1 Orthodontic
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2.2.2 Endodontic
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2.2.3 Peridontic
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2.2.4 Prosthodontic
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2.3 By End User
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2.3.1 Hospitals
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2.3.2 Clinics
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2.3.3 Other End Users
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Canada Dental Equipment Market Size FAQs
What is the current Canada Dental Equipment Market size?
The Canada Dental Equipment Market is projected to register a CAGR of 6% during the forecast period (2024-2029)
Who are the key players in Canada Dental Equipment Market?
3M, Dentsply Sirona, Carestream Health, A-Dec Inc. and Patterson Companies Inc. are the major companies operating in the Canada Dental Equipment Market.