Updated Feb 17, 2023 09:14

Dental Equipment Market in the United States

Market Overview
The U.S. dental equipment market reached $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a perceptible expansion from 2013 to : its value increased at an average annual rate of +% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Over the period under review, the market reached the maximum level in and is likely to continue growth in years to come.

In value terms, dental equipment production totaled $ in . In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. Dental equipment production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.


Consumption
In , approx. tons of dental equipment and supplies were consumed in the United States; growing by % against the previous year's figure. Overall, the total consumption indicated a notable expansion from 2013 to : its volume increased at an average annual rate of +% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Dental equipment consumption peaked in and is expected to retain growth in years to come.

The revenue of the dental equipment market in the United States rose significantly to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated notable growth from 2013 to : its value increased at an average annual rate of +% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Dental equipment consumption peaked in and is expected to retain growth in years to come.


Market Forecast
Driven by increasing demand for dental equipment and supplies in the United States, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Trade Balance
The United States remains a net importer of dental equipment; in physical and value terms, imports consistently exceeded exports from 2013 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.