Dentistry. One to Launch SmileScan, a Dental Health Monitoring Tool Transforming the Dental Equipment Market
Dentistry. One announced the launch of an AI-powered dental health monitoring tool named SmileScan for potential end users of dental healthcare services which can be operated on smartphones free of cost by the regular customers of Dentistry. One. People affected with diabetes or heart disease can get proper counseling from their dentists, trace the dental issues, identify the early signs of teeth issues, manage regular check-ups, etc. AI-based smartphone features help the users in the image capturing of teeth or a person’s mouth and AI technology enables the evaluation of dental issues and then generates a detailed report highlighting the areas of concern.
According to Precedence Research’s Report, the global dental equipment market size reached USD 9 billion in 2022 and is predicted to grow around USD 21.60 billion by 2032, with a remarkable CAGR of 9.20% from 2023 to 2032.
North America dominated the dental equipment market with 38.5% of revenue share in 2022. The rising dental healthcare infrastructure, growing elderly population, and supportive reimbursement rules and laws contribute as the major factors to the success of preventive and therapeutic treatments in the U.S.
India imports 90% of dental service-related materials and technology for dental treatments. The Dental Technology Innovation Hub is supported by the DST and the ICMR and focuses on bringing together researchers, industries, etc. to promote education, skills, expertise, and proficiency. The Government of India initiated the National Oral Health Program to promote oral health services with collaborative partnerships that will result in the reduction of morbidity from oral diseases.
A recent report from Precedence Research Reveals that in the U.S., the dental equipment market size is calculated at USD 2 billion in 2022 and is projected to hit around 4.85 billion by 2032, estimated to grow at a CAGR of 9.30% from 2023 to 2032.
Investments and Annual Turnover of Enterprises for Dental Practices
| Enterprises | Investment | Annual Turnover |
| Micro Enterprises | 1 Crore | 5 Crore |
| Small Enterprises | 10 Crore | 50 Crore |
| Medium Enterprises | 20 Crore | 100 Crore |
Takara Belmont Corporation, Nova Instruments, Midmark Corporation, etc. are some of the leading industrial players in the dental equipment market. In October 2023, the Central Drugs Standard Control Organization started the registration process for dental medical devices by manufacturers or importers to ensure the safety, quality, and efficacy of dental appliances through the implementation of stringent standards and regulations.
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