Acquisitions Like That of Midway Dental Supply by Henry Schein, Inc. to Boost the Growth of Global Dental Equipment Market

Equipment, tools, or implements used by dentists to treat their patients are dental equipment. From the most basic tools like dental mirrors and probes like dental explorers to complex 3D imaging systems, the dental equipment portfolio has become quite diverse in the last few decades. These tools aid dentists in closely examining and treating dental infections and problems effectively. In some cases, manipulation of teeth is required to achieve the intended result, while in some cases teeth removal becomes necessary. Dental equipment comes in handy during these procedures as they assist the dentists in simplifying the procedures and also alleviate the patient’s pain to some extent, thus offering support to the patient as well.

Forecast Analysis of the Global Market

In the recent years, there has been an increase in the demand for dental equipment due to the growth in the number of applications of these tools. This growing demand and applicability for different types of dental equipment are expected to be the primary growth driver of the dental equipment market in the forecast years. Along with this, the growth in the use of dental equipment for cosmetic dentistry is expected to further push the growth of the global market. Also, growing usage of dental lasers is predicted to offer numerous investment and growth opportunities to the market in the analysis timeframe. However, dental anxiety due to past experiences may become the main restraining factor in the growth of the market in the forecast period.

Regionally, the dental equipment market in the North America region is expected to be the most dominant by 2031. Growth in investments from the governmental side and increasing personal incomes of people across the region are expected to be the two main growth factors of the market in this region.

According to the report published by Research Dive, the global dental equipment market is expected to gather a revenue of $15,471.7 million by 2031 and grow at 6.5% CAGR in the 2022–2031 timeframe. Some prominent market players include A-Dec Inc., Bien-Air Medical Technologies, Danaher Corporation, Aseptico Inc., Dentsply Sirona, Henry Schein Inc., 3M, GC Corporation, Ivoclar Vivadent AG, Biolase Inc., and many others.

Covid-19 Impact on the Dental Equipment Market

The outbreak of the Covid-19 pandemic has had a massive negative effect on almost all industries and businesses across the world. The dental equipment market faced a similar fate due to the pandemic. The disruptions in global supply chains due to the shutdown of many industries led to a slowdown in the manufacturing of dental equipment. Moreover, the import-export restrictions also plummeted the growth rate of the market during the pandemic years.

Significant Market Developments

The significant companies operating in the industry are adopting numerous growth strategies & business tactics such as partnerships, collaborations, mergers & acquisitions, and launches to maintain a robust position in the overall market, thus helping the dental equipment market to flourish. For instance:

• In January 2021, Medicom, a leading surgical and respiratory mask manufacturer announced the acquisition of Loser & Co GmbH, a dental equipment and products manufacturing company. With this acquisition, Medicom has consolidated its position in the dental equipment market considerably and is expected to continue on this growth trajectory in the years to come.
   
• In September 2021, Planmeca Oy, a leading dental tools and equipment manufacturing company, announced that it was acquiring KaVo Treatment Unit & Instrument segment of the Envista Holding Corporation. This acquisition by Planmeca Oy is aimed at increasing the footprint of the company in the market in the near future.
   
• In August 2022, Henry Schein, Inc., a leading dental healthcare solutions provider announced that it was acquiring Midway Dental Supply, a dental service provider. The acquisition is expected to help Henry Schein, Inc. to increase its foothold in the market in the coming years.