The global dental chair market has witnessed significant growth in past decade due to increase in dental tourism. Dental chairs are essential equipment used in dental clinics and hospitals as they allow dental professionals to perform various oral procedures in an ergonomic position. Technological advancements have transformed conventional dental chairs into advanced dental treatment centers equipped with cutting-edge features such as integrated light, dental radiography sensors, syringe and high precision instruments for performing high-end dental procedures. Dental chairs play a critical role in providing high quality dental care.
The global dental chair market is estimated to be valued at US$ 752 million in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Features such as foldable foot control panels, multiple chair positions, advanced dental light integration and compact designs have helped dental chairs gain wide popularity among dental clinics. Manufacturers are focusing on development of multifunctional dental chairs that allow dental professionals and patients to easily move between different dental procedures. For instance, dental chairs equipped with movable robotic arms have enhanced mobility and ensured precision in dental treatments. Furthermore, development of ergonomic chairs have improved patient comfort during lengthy dental treatments. Growing penetration of dental tourism is a key trend expected to drive the demand for high-tech dental treatment centers in developing countries. This has led many mid-sized and large clinics to upgrade their existing equipment with state-of-the-art dental chairs.
Threat of new entrants: Low barriers to entry for dental chairs given established distribution channels. However,presence of major players with strong brand image and economies of scale poses a challenge to newcomers.
Bargaining power of buyers: Moderate bargaining power due to availability of several global and regional players offering dental chairs at competitive prices. However,some differentiation through technology innovations.
Bargaining power of suppliers: Low as major components used in dental chairs like electronic components and metals are available from a large number of suppliers across geographies.
Threat of new substitutes: Low threat as dental chairs have no close substitute and are integral to dental procedures. Digitization and demand for advanced features provide some scope.
Competitive rivalry: High rivalry with players competing based on technology,price,brand reputation and distribution network.Focus on product innovations to gain competitive edge.
The global dental chair market is expected to witness high growth over the forecast period of 2023 to 2030. The global dental chair market is estimated to be valued at US$ 752 million in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030.
The North America region currently dominates the market supported by growing dental procedures, increasing geriatric population and investments in dental infrastructure. The Asia Pacific region is projected to experience the fastest growth on account of rising medical tourism, growing middle class population and government initiatives to strengthen dental healthcare facilities in countries like India and China.
Key players: Key players operating in the dental chair market are A-dec Inc,Danaher Corporation,Dexta Corporation,Dome Inc,Midmark Corporation. Players focus on launching new products integrated with advanced features to cater to the rising demand.
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it