The global refurbished dental equipment market, which was valued at USD 741.9 million in 2022. The market is expected to increase by 7.2% year-over-year in 2023, reaching USD 797.3 million. Over the forecast period from 2023 to 2033, demand for refurbished dental equipment is projected to rise at a CAGR of 8.7%, ultimately achieving a market value of USD 1.8 billion by 2033. This growth underscores a strong preference among dental practices for affordable, high-quality equipment solutions.
Key Growth Drivers
Several factors are propelling the expansion of the refurbished dental equipment market:
- Increasing Adoption of Cost-Effective Dental Solutions: With dental practices seeking to balance cost and quality, refurbished equipment offers a budget-friendly alternative without compromising on performance.
- Rising Demand for Dental Services Globally: As dental care services grow worldwide, more practices are turning to refurbished equipment to meet patient needs while managing expenses.
- Environmental Benefits and Sustainability: Refurbished dental equipment supports sustainability efforts by reducing waste, which appeals to environmentally conscious healthcare providers.
Refurbished dental equipment refers to used dental equipment that has been restored, repaired, and tested to ensure it functions properly and meets industry standards before being resold. These pieces of equipment could include dental chairs, dental lasers, dental units, dental X-ray machines, sterilizers & other dental instruments.
The refurbishment process typically involves thorough cleaning, replacement or repair of any damaged or worn-out components, and calibration or adjustment to ensure proper functionality. The equipment is inspected to ensure it meets safety and performance standards, and any necessary upgrades or modifications may be made.
High costing Dental equipment such as dental 3D imaging systems, intraoral cameras, dental lasers, surgical microscope, etc., are available from a range of manufacturers and may vary in design and specifications. Equipment is often available at a lower price compared to buying new equipment. This allows dental practices to save money, especially if they have budget constraints or are starting up.
Competitive Landscape
Leading companies are focusing on increasing their product portfolios in order to improve their competitive position in the marketplace and increase their reach in emerging regions. The key techniques used by manufacturers to get a competitive edge in the market consist of pricing strategies, marketing approaches, advances in technology, compliance with regulations, and acquisition and distribution agreements with other businesses to expand their business.
For instance:
- In May 2022, Al-Khayyat Investments Group (AKI) – Alphamed, a group established in the UAE, and A-dec were pleased to announce their new dealer collaboration for distribution & exemplary logistical provision.
- Henry Schein, Inc. announced in April 2023 that it had purchased a controlling interest in Biotech Dental S.A.S., a quickly growing French business that sells dental implants, transparent aligners, including innovative digital dental software.
Key Companies Profiled
American Dental Refurbishment; Atlas Resell Management; A & K Dental Equipment; Capital Dental Equipment; Collin’s Dental Equipment, Inc.; Independent Dental Inc.; Pre-Owned Dental Inc.; SPS Dental; Renew Digital LLC; DCI Dental Equipment
Key Segments Covered in Refurbished Dental Equipment Industry Research
By Product:
- Specialized Dental Equipment
- Intraoral Cameras
- Chairside CAD/CAM Systems
- 3D Imaging Systems
- Surgical Microscopes
- Dental Lasers
- Endodontic Equipment
- Cone Beam Computed Tomography (CBCT) Systems
- Others
- Essential Dental Equipment
- Dental Patient Chairs
- Delivery Systems
- Dental Operatory Lights
- X-ray Imaging Equipment
- Sterilization Equipment
- Handpieces
- Utility Equipment
- Others
By End User:
- Hospitals
- Independent Dental Clinics
- Group Dental Practices
- Ambulatory Surgical Centers
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube