Dental laser market projected to almost double in the next few years
The North American dental lasers market was valued at $58.4 million in 2014 and is estimated to reach $90.7 million by 2019 at a compound annual growth rate of 9.2 percent from 2014 to 2019, according to MicroMarket Monitor, which publishes 12,000 market research reports on micro markets annually..
Still on the fence about purchasing a dental laser for your practice? Consider the market is supposed to almost double in the next few years.
The North American dental lasers market was valued at $58.4 million in 2014 and is estimated to reach $90.7 million by 2019 at a compound annual growth rate of 9.2 percent from 2014 to 2019, according to MicroMarket Monitor, which publishes 12,000 market research reports on micro markets annually..
Dental lasers produce a narrow light beam, causing a reaction with tissue. One of the most rapidly growing segments in the overall dental devices market, they can be used at different wavelengths to remove or shape the tissue in various dental surgeries, treatments and procedures.
Related reading: 5 things you need to know about laser dentistry
Dental lasers are used in various disciplines, including laser-assisted caries diagnosis and management, restorative dentistry, oral diagnosis/oral medicine, oral surgery, periodontics, gingivectomy, crown lengthening, periodontitis treatment, pediatrics, frenectomy, endodontics, biostimulation and many more.
The main advantages of these devices are increased patient comfort; less postoperative pain, bleeding and morbidity; decreased use of anesthesia; shorter procedure time; and greater patient satisfaction. The Americas form the largest market for dental lasers-dental practitioners have shown the highest adoption rates for advanced dental devices such as dental lasers.
Dental lasers have several other advantages over traditional dental drills and handpieces.The devices can be used to preserve teeth that may be lost with standard treatments.
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Rapid developments in technology, lower costs and more compact designs have made dental lasers more attractive to practices. Systems that were previously bulky are now available in smaller, more portable models. Many are similar in structure to a dental handpiece. The latest models also use modern fiber-optic delivery systems.
Another reason for growth is an overall global increase in the importance of oral hygiene coupled with rising disposable income in North America. In addition, the rising middle-class population, growing aging population, reduced treatment time and operating cost and increased demand for cosmetic dentistry are also major growth factors.
Related reading: How technology can help your practice's young patients
Americans make about 500 million visits to dentists each year, according to Centers for Disease Control and Prevention. In 2010, an estimated $108 billion was spent on dental services in the United States. And in 2011, about 36,500 new cases of oral cancer were diagnosed. These factors have also contributed to the growth of the dental laser market.
Key players in the North American dental lasers market include Danahar Corporation; Biolase, Inc.; Sirona;AMD LASERS and others.
To learn more about the market, download the full Micro Market report here.
Webinar: Understanding dental laser wavelengths and how they affect procedures
