The dental chair market has witnessed significant growth over the past few years, owing to the growing prevalence of dental problems along with the rising medical tourism across developing and emerging nations. Dental chairs are integral equipment utilized by dental practitioners during various dental procedures and operations. Key advantages of dental chairs include better ergonomics, customizable settings, integrated lighting and units, and improved patient handling capabilities. Dentists extensively use these chairs to undertake dental procedures effectively and enhance patient comfort. The increasing adoption of technologically advanced dental chairs with improved functionalities among dental clinics and hospitals is fueling the market growth. The Global dental chair market is estimated to be valued at US$ 2,165.5 Mn in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030.
Key Takeaways
Key players operating in the dental chair market are XO CARE A/S, A-dec Inc., Planmeca Oy, Midmark Corporation, DentalEZ, Inc., Institut Straumann AG, Dentsply Sirona Inc., Danaher Corporation, Koninklijke Philips N.V., and Craftmaster Contour Equipment Inc., among others. These players are undertaking strategic initiatives such as mergers and acquisitions, regional expansions and new product launches to garner higher market share.
The rising medical tourism industry globally presents significant opportunities for players in the dental chair market. Factors such as affordable dental treatments, advanced dental facilities and availability of highly-skilled dentists are attracting patients from various nations to countries like India, Thailand and Mexico. Technological advancements such as integration of AI and IoT in dental chairs enable monitoring of patient vitals, real-time data collection, paperless documentation and remote assistance. These advancements are increasing the adoption of dental chairs among dental practitioners.
Market Drivers
Rising geriatric population: The growing geriatric population globally is increasing the risk of dental problems like oral cancer, dental caries and periodontal diseases, thereby driving the demand for dental treatments and chairs. As per the United Nations, the population aged 60 years and above is estimated to reach 2.1 billion by 2050 from 1 billion currently.
Increasing healthcare expenditure: Growing healthcare expenditure on oral healthcare services is significantly contributing to the dental chair market growth. Improving the economic conditions have made dental treatments more affordable for common people globally. For instance, healthcare spend in India is projected to rise to 5% of GDP by 2025 from 3.6% currently.
Current Challenges in Dental Chair Market
The dental chair market is facing challenges related to the high costs associated with dental chairs and equipment. Dental equipment requires significant investment and chairs are among the most expensive assets in a dental practice. The high costs can pose barriers for small practices and practitioners in developing regions. Another challenge is the need for frequent upgrades. Technological advancements necessitate regular upgrades and replacement of old dental chairs to maintain standard of care. This leads to additional capital costs for practices. Further, demand fluctuations during the pandemic resulted in supply chain disruptions and backlogs for manufacturers. Labor shortages also affected production timelines. However, manufacturers are investing in new technologies to address these challenges which will aid future growth.
SWOT Analysis
Strength: Dental chairs offer ergonomic designs for enhanced comfort of dentists and patients during procedures. Feature-rich dental chairs allow multi-specialty treatments.
Weakness: Significant upfront investment required for high-tech dental chairs. Frequent technology upgrades lead to additional expenditure.
Opportunity: Emerging economies represent major untapped markets. Adoption of digital dentistry and rise of dental tourism to drive chair replacements.
Threats: Threat from refurbished and rental dental chairs. Economic slowdowns can negatively impact replacement cycles.
Geographical Regions:
North America dominated the market with over 35% share in 2024 due to rapid technological adoption and large dental expenditures. However, Asia Pacific is projected to be the fastest growing region during the forecast period supported by improving access to dental care in China and India.
Fastest Growing Region:
Asia Pacific region is poised to become the fastest growing market for dental chairs between 2023-2030. This can be attributed to rising income levels, growing medical tourism industry and increasing awareness about oral healthcare in developing Asian countries. China, India and other Southeast Asian nations offer immense growth opportunities for chair manufacturers.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it