Portland, OR, March 19, 2019 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global Dental Chair Market was estimated at $1.61 billion in 2017 and is expected to hit $2.16 billion by 2023, garnering a CAGR of 5.0% throughout the forecast period. The report provides a detailed study of evolving market trends, key segments, exclusive strategies, market size & forecasts, and competitive landscape.
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Development in the infrastructure of dental set-ups, increasing demand for dental aesthetics, and the rising need for optimum comfort during any surgical procedure have fueled the growth of the global dental chair market. On the other hand, high costs related to advanced dental chairs and issues regarding dental insurance reimbursement have happened to curb growth to a certain extent. Nevertheless, large population base in emerging economies has created multiple opportunities in the segment.
Based on the type, Ceiling-mounted design accounted for more than half of the total market in 2017 and is anticipated to remain dominant during the forecast period. By product, powered dental chairs contributed to nearly two-thirds of the total market in 2017 and will maintain its lion’s share till 2023. Based on the region, North America held nearly two-fifths of the total market share in 2017. This is due to the availability of advanced medical infrastructure and rising inclination towards beautification of teeth in the region.
The key players in the dental chair market are expanding the room for their business operations in the developing countries by incorporating cutting-edge products in their product portfolios. The report includes a detailed competitive analysis of the major market players, such as Craftsmaster Contour Equipment Inc., ., Patterson Dental Supply, Inc., Midmark, Sirona, XO CARE A/S, Austin Dental Equipment Company (A-Dec, Inc.), Straumann, Danaher Corporation, Henry Schein, Inc., and PLANMECA OY.
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