Latin America Dental Equipment Market Size & Outlook
Latin America dental equipment market, 2018-2030 (US$M)
Related Markets
Latin America dental equipment market highlights
- The Latin America dental equipment market generated a revenue of USD 1,156.4 million in 2023.
- The market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, systems & parts was the largest revenue generating product in 2023.
- Dental Lasers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,156.4 million |
| Market revenue in 2030 | USD 1,754.9 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Systems & parts |
| Fastest growing segment | Dental Lasers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dental Radiology Equipment, Dental Lasers, Systems & Parts, Laboratory Machines, Hygiene Maintenance Devices, Other Equipment |
| Key market players worldwide | A-Dec, Planmeca, Dentsply Sirona Inc, Patterson Companies Inc, Straumann Holding AG, GC Corporation, Carestream Health - HCIS business, Biolase Inc, Danaher Corp, 3M Co |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.3% of the global dental equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,486.7 million by 2030.
Systems & parts was the largest segment with a revenue share of 39.51% in 2023. Horizon Databook has segmented the Latin America dental equipment market based on dental radiology equipment, dental lasers, systems & parts, laboratory machines, hygiene maintenance devices, other equipment covering the revenue growth of each sub-segment from 2018 to 2030.
This market is growing lucratively, owing to the epidemiological shift and increase in the dental disease burden. Latin America is also witnessing a rise in geriatric population due to decreasing morbidity in the region. Moreover, rising presence of international players and clinical advancements are driving the market growth. Factors such as poor reimbursement policies and relatively weak healthcare infrastructure in some countries are expected to restrain the market growth.
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Dental Equipment Market Scope
Dental Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America dental equipment market size, by country, 2018-2030 (US$M)
Latin America Dental Equipment Market Outlook Share, 2023 & 2030 (US$M)
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