Dental Clinical Instrument Manufacturing in the US - Industry Market Research Report

Dental Clinical Instrument Manufacturing in the US - Industry Market Research Report
Dental Clinical Instrument Manufacturing in the US

The Dental Clinical Instrument Manufacturing industry has declined slightly over the past five years despite stable demand for routine dental procedures and the growing number of Americans over the age of 65. Recent disruptions to the international market for US-made dental instruments have led to a significant decline in the value of industry exports over the five years to 2023. In addition, technological advancements have enabled manufacturers to produce dental instruments at a lower cost, bringing down industry prices and ultimately revenue. Over the past five years, revenue has slumped at a CAGR of 0.3% to $5.3 billion, including an expected 1.3% decline in 2023. Profit is expected to climb to 8.1% of revenue in 2023 from 7.7% in 2018.

This industry manufactures tools and other instruments used in clinical practices by dentist offices and dental laboratories. These include diagnostic and procedural tools, cements and other impression materials, instrument storage and cleaning systems and office equipment such as dental chairs and X-ray machines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.