Refurbished Dental Lab Equipment Market Size is valued at USD 4.7 Bn in 2023 and is predicted to reach USD 6.6 Bn by the year 2031 at a 4.50% CAGR during the forecast period for 2024-2031.
Refurbished dental laboratory equipment is a practical answer for dental practitioners who want to set up their clinics with high-quality apparatus at a lower price. Refurbished devices, when bought from trustworthy sellers, can offer dependable performance that is on par with new equipment. Additionally, they contribute to achieving financial and environmental objectives. Refurbished dental laboratory equipment is gaining traction among medium and small-sized businesses aiming to offer cost-effective services. These equipment pieces typically come with warranties and updated features or software. The increasing incidence of dental diseases, including cavities, tooth decay, oral cancer, oral herpes, and others, is foreseen to generate lucrative business prospects for participants in the refurbished dental laboratory equipment market.
The rapidly increasing awareness about oral health and hygiene and the rising number of dental practitioners are expected to bolster the global market for refurbished dental laboratory equipment. The escalating demand for affordable solutions in the oral health sector is driving the necessity for dental laboratory equipment. The soaring costs associated with new dental laboratory equipment have prompted numerous oral health laboratories to opt for refurbished alternatives. The sudden increase in the prevalence of oral diseases, such as traumatic dental injuries, oral cancer, and periodontal disease, among others, is likely to accelerate market expansion.
Moreover, the increasing prevalence of diseases like dental caries compromises the quality of life, particularly among the geriatric population. However, the emergence of dental milling machines and the growing awareness surrounding these machines have led to an uptick in the adoption of Computer-Aided Manufacturing (CAM) or Computer-Aided Design (CAD) technology. The utilization of dental milling machines with CAM or CAD technology is expected to drive the market at a speedy pace during the forecast period.
Competitive Landscape
Some Major Key Players In The Refurbished Dental Lab Equipment Market:
- Superior DDS
- DuraPro Health
- Atlas Resell Management
- ABCDentalworks
- Pre-Owned Dental Inc.
- Bimedis
- A & K Dental Equipment
- Capital Dental Equipment
- Collins Dental Equipment
- Dental Equipment Liquidators Inc.
- American Dental Refurbishment
- Other Prominent Players
Market Segmentation:
The Refurbished Dental Lab Equipment market is segmented based on equipment and end-user. Based on equipment, the Refurbished Dental Lab Equipment market is segmented as Dental Milling, 3D Printing Systems, Integrated CAD/CAM Systems, Casting Machines, Furnaces, Articulators, Dental Scanners, and Others. The end-user segment includes Hospitals, Independent Dental Clinics, Ambulatory Surgical Centers, and Others.
Based On Equipment, The 3D Printing Systems Segment Is Accounted As A Major Contributor In The Refurbished Dental Lab Equipment Market.
The 3D Printing Systems segment within the Refurbished Dental Lab Equipment Market is witnessing significant growth and rising prominence. This ripple can be attributed to several key aspects driving demand and adoption. The 3D printing technology has revolutionized dental laboratory processes by enabling the fabrication of highly precise and customized dental prosthetics, crowns, bridges, and other dental appliances. Refurbished 3D printing systems offer dental laboratories a cost-effective means of integrating this advanced technology into their workflow, allowing them to enhance efficiency and productivity while maintaining affordability. Moreover, the increasing demand for personalized dental solutions and patient-specific treatment options has fueled the adoption of 3D printing systems in dental laboratories. Refurbished 3D printing systems provide laboratories with access to cutting-edge technology, allowing them to meet the growing expectations for customized dental care while minimizing capital investment.
In The Region, The North American Refurbished Dental Lab Equipment Market Holds A Significant Revenue Share.
The North American Refurbished Dental Lab Equipment market is expected to register a large market share in terms of revenue soon. Several factors contribute to this expectation. Firstly, North America houses a significant number of dental laboratories and dental professionals, resulting in a robust demand for dental equipment and supplies, including refurbished dental lab equipment. Additionally, the region boasts a well-established healthcare infrastructure and advanced technological capabilities, facilitating the adoption of refurbished dental lab equipment.
Moreover, the emphasis on sustainability and cost-effectiveness in North America drives the adoption of refurbished equipment, aligning with the region's commitment to eco-friendly practices and budget-conscious healthcare solutions. Furthermore, stringent regulatory standards ensure the quality and safety of refurbished dental lab equipment, instilling confidence among buyers. In addition, Asia Pacific is poised to lead the global market due to its huge population, a significant portion of which belongs to the middle- and low-income segments. Additionally, the region is expected to witness market growth driven by an uptick in oral disease prevalence and the expansion of dental clinics in emerging economies.
Refurbished Dental Lab Equipment Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 4.7 Bn |
|
Revenue Forecast In 2031 |
USD 6.6 Bn |
|
Growth Rate CAGR |
CAGR of 4.50% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Equipment And End-User |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
|
Competitive Landscape |
Superior DDS, DuraPro Health, Atlas Resell Management, ABCDentalworks, Pre-Owned Dental Inc., Bimedis, A & K Dental Equipment, Capital Dental Equipment, Collins Dental Equipment, Dental Equipment Liquidators Inc., American Dental Refurbishment and Other Market Players |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Corporate
Office :
Office No.5170, 5th Floor Marvel Fuego, Magarpatta Rd, Pune, 411028
info@insightaceanalytic.com
