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Monthly Archives: November 2012
Dental Products Industry Perspective – November 2012
The U.S., Europe and Japan are the dominant dental markets, collectively accounting for more than 85% of global revenue.
In recent years, an aging population coupled with rising awareness of the importance of oral health, higher aesthetic standards and improved dental treatments have boosted the growth of this segment. In a recent study, the American Dental Association reported that a person’s smile outranked eyes, hair and body as the most important physical feature.
All of these factors have brought the global dental equipment and consumables market to an estimated size of US$19.7 billion in 20101. This market, driven by technological advancements, is expected to grow at a compound annual growth rate (CAGR) of 7%, reaching an estimated size of $27.6 billion by 2015,