Ricerca e innovazione_faro

Research and innovation: the drivers of growth trends in the dental industry

According to Growth Plus Reports, the dental industry continues its positive growth trend, which is set to surpass the remarkable figure of $62.72 billion by 2031.

This market is evolving rapidly, with a projected growth rate of 6.8 percent CAGR during the forecast period, underlining its pivotal role in healthcare. The prevalence of dental disorders is rising significantly worldwide, increasing the demand for dental equipment and consumables.

According to the WHO, about 3.5 billion people worldwide are affected by dental diseases, with 3 out of 4 affected people living in middle-income countries.
Globally, an estimated 2 billion people suffer from caries in their permanent teeth, and 514 million children suffer from caries in their deciduous teeth.

The global demographic shift towards an aging population has increased the demand for dental services, as older individuals have more significant needs for dental care. According to the WHO, the prevalence of total tooth loss is estimated at 23% for the population aged 60 and over.

In 2022, the dental industry market amounted to $34.70 billion and is expected to grow substantially by 2031. This surge is driven by increased awareness of oral health, advances in dental technology, and growing interest in cosmetic dentistry.

The outlook for the dental equipment and consumables market is positive due to rapid advances in dental technology, which have led to the development of innovative dental equipment and consumables. 

New technologies like digital imaging, CAD/CAM systems, laser dentistry, and 3D printing have improved medical practice outcomes, increased efficiency, and expanded treatment options.

Dental professionals are investing in advanced equipment to provide superior dental care.

In this changing landscape, the focus is not only on the broad spectrum of equipment and consumables and cutting-edge innovations reshaping dental practices. Key developments include:

  • The increasing use of artificial intelligence in diagnosis, treatment, and intervention.
  • 3D scanners and 3D printers.
  • Solar spectrum lamps.
  • Camera systems integrated with practice equipment.
  • Dual-function operating and surgical lights.

While companies such as Dentsply Sirona, Danaher Corporation, and 3M are leading this dynamic market, Faro, as a niche company specializing in innovative, high-end dental lamps, is making an essential contribution to the radical innovation of dental instruments focusing on lighting developing:

  • Solar spectrum lamps: replicating the sun’s natural light, returning more accurate colors, essential for precise dental procedures and integrating bactericidal functions to ensure the highest level of hygiene in practice.

Dental lights with integrated camera: combining lighting and imaging, allowing dentists to record high-quality procedures for didactic or diagnostic purposes.
Dual-function operating and surgical lights: unique and revolutionary, will change the ‘skeleton’ of the practice and dentistry forever. In fact, to meet a wide range of dental needs, these lamps can switch from operating lights for general procedures to surgical lighting for specialized operations, offering versatility and efficiency to the Dentist.

The market is also moving towards digital dentistry, integrating artificial intelligence into diagnostic instruments and focusing on environmentally friendly consumables. Despite significant growth, the market faces challenges such as the high cost of advanced equipment and the need for continuous training. However, these challenges open the door for market players to innovate sustainable training and practices.

The changing landscape of dentistry emphasizes patient-centered care and aesthetic dentistry, with practitioners increasingly adopting personalized treatment plans and cosmetic techniques.
The dental equipment and consumables market, focusing on technological innovations, sustainability, and evolving dental needs, is poised to redefine oral healthcare standards. This evolution foresees a future in which dental treatments will be more widespread, effective, patient-friendly, and environmentally friendly, marking a new era in dental care.
The complete Growt Plus Reports is available