According to a report, ” Dental Sterilization Market Size, Share & Trends Analysis Report By End Use (Hospitals, Clinics, Laboratories), By Product (Instruments, Consumables and Accessories), And Segment Forecasts, 2018 – 2026″ published by Grand View Research, Inc., The global dental sterilization market size is estimated to reach USD 1.91 billion by 2026, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.3% during the forecast period. Increasing prevalence of dental conditions, growing number of dental care personnel, and rising number of dental facilities are anticipated to drive the market.
Rising number of dental surgical procedures and increasing efforts to infection control and prevention cross infection by instruments are stimulating the growth of the market. Market players are also continuously involved in introducing new products, which is expected to positively influence the growth of the market. For instance, introduction of AdvantaClear surface disinfectant by Hu-Friedy, which kills pathogens in one-minute.
Key Takeaways from the report:
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The consumables and accessories segment represented more than one fourth of the market revenue in 2017. These products are often disposed after single use, which makes their life cycle short and frequency of purchase high
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Asia Pacific is poised to be the most promising destination for global market players. Emerging countries such as India and China are offering numerous opportunities to market players due to increasing number of dental clinics and hospitals
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Some of the key companies present in the market are Hu-Friedy, Dentsply Sirona, Crosstex, Midmark, Matachana Group, W&H, Getinge, Nakanishi, Scican, and Tuttnauer.
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Key players operating in the market are using different strategies such as new product development, acquisitions, partnerships, joint ventures, and agreements to strengthen their foothold in the market space.
Moreover, the dental sterilization market in developed economies, such as U.S., Germany, France, and Australia, is comparatively mature owing to domicile of several key market players belonging to these countries and high demand for such products among end users.
On the other hand, developing Asian and Latin American countries, currently, have a moderate adoption of these products. Economic growth and rising disposable income in these countries are likely to propel the market. Manufacturing companies are investing in these rapidly developing markets in order to tap into the potential, provided pricing and distribution activities are undertaken efficiently.
Grand View Research has segmented the global dental sterilization market on the basis of product, end use, and region:
Dental Sterilization Product Outlook (Revenue, USD Million, 2014 – 2026)
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Instruments
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Sterilization Equipment
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Washer Disinfectants
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Ultrasonic Cleaners
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Cleaning and Disinfectant Equipment
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High-temperature Sterilizers
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Low- temperature Sterilizers
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Packaging Equipment
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Consumables and Accessories
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Sterilization Packaging Accessories
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Instrument Disinfectants
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Surface Disinfectants
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Sterilization Indicators
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Lubrication and Cleaning Solutions
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Dental Sterilization End-use Outlook (Revenue, USD Million, 2014 – 2026)
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Hospital
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Dental Clinics
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Dental Hospitals
Dental Sterilization Regional Outlook (Revenue, USD Million, 2014 – 2026)
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North America
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U.S.
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Canada
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Europe
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UK
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Germany
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Asia Pacific
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Japan
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China
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Latin America
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Brazil
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Mexico
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Middle East & Africa
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South Africa
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Saudi Arabia
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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