CHARING, UK: In addition to oral surgery, dental lasers are used for a variety of applications, ranging from caries diagnosis to periodontitis treatment and teeth whitening. Owing to the increasing demand in this sector, among other influences, the worldwide market for the devices will grow by a compound annual growth rate of 5.2% over the next five years and is expected to exceed US$200 million (£144 million) by 2020, a new report has predicted.
According to the report, this growth will primarily be driven by the Asia Pacific market as clinicians and patients in this region are increasingly becoming aware of the benefits of laser devices.
Other developments contributing to the growth of laser use, include the rise in the number of aesthetic procedures on the continent and the ageing population.
The report, which was conducted by market research provider Marketsandmarkets and published by ReportBuyer in Charing, Kent last week, analysed industry trends and the market shares of top players in the field, such as Biolase, Sirona and Ivoclar Vivadent.
It also provides insights into the markets for dental lasers across various regions, exploring new distribution channels, new client bases and different pricing policies.
“The report will enrich both established firms as well as new entrants/smaller firms to analyse the market, which in turn will help these firms achieve greater market share,” the authors stated.
Owing to technical advancements and high adoption rates, North America is currently leading the worldwide market for dental laser technology, particularly soft tissue lasers.
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