The global Refurbished Dental Equipment & Maintenance market gathered revenue around USD 7.2 Billion in 2020 and market is set to grow USD 15.9 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 11.9% during the prediction period 2021 to 2027.
Growth Factors:
The refurbishment of dental equipment & maintenance is defined as repairing, recovering, and renovating of dental products and making it as good a new equipment. These products are available at affordable and lower costs than new dental equipment. The global refurbished dental equipment & maintenance market can be segmented into equipment and maintenance. In terms of equipment, the global market has been classified into X-ray systems, cone beam computed tomography (CBCT) systems, intraoral scanners & cameras, dental lights, dental chairs, dental handpieces, chairside CAD/CAM systems, and others.
Based on maintenance, the global market has been categorized into X-ray systems, cone beam computed tomography (CBCT) systems, intraoral scanners & cameras, dental lights, dental chairs, dental handpieces, chairside CAD/CAM systems, and others. The cone beam computed tomography (CBCT) systems segment held major market share in 2020, owing to technological advancements and high cost of new systems.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Refurbished Dental Equipment & Maintenance market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Refurbished Dental Equipment & Maintenance market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
Report Coverage
Report Scope | Details |
Market Size | USD 15.9 Billion by 2027 |
Growth Rate | CAGR of 11.9% From 2021 to 2027 |
Base Year | 2020 |
Forecast Period | 2021 to 2027 |
Historic Data | 2017 to 2020 |
Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
Segments Covered | Equipment, Maintenance Type and Region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Companies Mentioned | Capital Dental Equipment, Renew Digital, LLC, North America Imaging Resources, DENTAL Equipment Liquidators, Inc., Dental Planet, LLC, Independent Dental, Inc., Collins Dental Equipment Co., Inc., A & K Dental Equipment, American Dental Refurbishment, Atlas Resell Management, Henry Schein, Inc., Pre-Owned Dental, Inc., and SPS Dental. |
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Refurbished Dental Equipment & Maintenance market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Refurbished Dental Equipment & Maintenance: Market Segmentation analysis:
The global refurbished dental equipment & maintenance market has been segmented based on equipment, maintenance, and region
In terms of equipment, the global refurbished dental equipment & maintenance market has been classified into X-ray systems, cone beam computed tomography (CBCT) systems, intraoral scanners & cameras, dental lights, dental chairs, dental handpieces, Chairside CAD/CAM systems, and others. The cone beam computed tomography systems segment accounted for major market share in 2020, as the system is more accurate, efficient, and technically advanced. Moreover, adoption of refurbished 3D CBCT systems is anticipated to boost the growth of the segment during the forecast period. CBCT systems are expensive and refurbishment of these systems increases the affordability by 50%, which is expected to propel the segment over the next few years.
Based on maintenance, the global refurbished dental equipment & maintenance market has been categorized into X-ray systems, cone beam computed tomography (CBCT) systems, intraoral scanners & cameras, dental lights, dental chairs, dental handpieces, chairside CAD/CAM systems, and others. Yearly maintenance of chairside CAD/CAM systems is important, and various manufacturers offer maintenance service of CBCT systems.
Regional analysis:
In terms of region, the global refurbished dental equipment & maintenance market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global refurbished dental equipment & maintenance market in 2020, followed by Europe and Asia Pacific. Increase in incidence of dental diseases, technological advancements, and presence of key players offering innovative refurbished dental equipment are anticipated to propel the refurbished dental equipment & maintenance market in North America during the forecast period. Moreover, presence of resellers and companies offering annual maintenance services of capital dental equipment augments the market in the region.
The refurbished dental equipment & maintenance market in Asia Pacific is expected to expand at a higher CAGR from 2021 to 2027. Rise in demand for repaired and refurbished dental equipment, presence of vendors & small players offering refurbished dental equipment, and higher prevalence of periodontal diseases are likely to boost the growth of the market in Asia Pacific over the next few years.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Refurbished Dental Equipment & Maintenance Market include: Capital Dental Equipment, Renew Digital, LLC, North America Imaging Resources, DENTAL Equipment Liquidators, Inc., Dental Planet, LLC, Independent Dental, Inc., Collins Dental Equipment Co., Inc., A & K Dental Equipment, American Dental Refurbishment, Atlas Resell Management, Henry Schein, Inc., Pre-Owned Dental, Inc., and SPS Dental.
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2027 and covers subsequent region in its scope:
Market: Segmentation
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Refurbished Dental Equipment & Maintenance market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Refurbished Dental Equipment & Maintenance market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Refurbished Dental Equipment & Maintenance markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Refurbished Dental Equipment & Maintenance Market Study: