Monday, June 12, 2017

Global Dental Lasers Market 2017-2021: Market growth at CAGR of 10.71% - Increase in Prevalence of Orthodontic and Periodontal Diseases

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Here is some info from PRNewswire that doesn’t really come as a shock to me, but may be a bit of a stunner for some of you.  The market for lasers in dentistry is going to continue to show significant growth.  
 
For me, after spending 2 days on the road last week doing hands-on laser work with doctors, I’m expecting nothing less.  Here is what they had to say…
 

The global dental lasers market to grow at a CAGR of 10.71% during the period 2017-2021.

 

The report covers the present scenario and the growth prospects of the global dental lasers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of dental lasers to end-users such as hospitals and dental clinics. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is advances in laser technology. The advances in dental lasers have changed the use of laser instruments in dentistry, especially cosmetic dentistry. The use of laser technology for hard and soft tissue application has resulted in a high state of refinement with improved care and safety. Most of the lasers used in dentistry are for small-end procedures, and dentists are gaining benefits from laser technology for a variety of procedures such as oral surgery, periodontal, endodontic, and aesthetic treatments.

According to the report, one of the major drivers for this market is increase in prevalence of orthodontic and periodontal diseases. There has been an increased demand for dental and oral care, owing to rising oral diseases. Prevalence of periodontal disease such as bleeding in gums is prevalent among adults and pediatric population.

Further, the report states that one of the major factors hindering the growth of this market is high cost of equipment and procedures. Globally, end-users are preferring laser systems for treating a wide range of dental disorders. However, high cost of dental laser systems will have an adverse impact on the market growth globally. Dental laser systems are expensive and classified as capital items' by healthcare institutions. Procurement of such devices involves many procedures and various budget allocation considerations before making the buying decision. 

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