The dental polymerization lamps market is estimated to be valued at US$ 280.3 Mn in 2023 and is expected to exhibit a CAGR of 7.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Dental polymerization lamps are dental curing lights used to cure resin-based dental materials like composites, cements and bonding agents. They emit high-intensity visible or blue light to initiate the polymerization process of light-cured filling materials and adhesives. They provide an efficient and cost-effective solution for dental procedures.
Market Dynamics:
The dental polymerization lamps market is driven by increasing prevalence of dental diseases and rising demand for dental aesthetics and cosmetic dentistry. According to the Global Burden of Disease Study, oral diseases affected over 3.5 billion people worldwide in 2015. Moreover, increasing awareness about oral healthcare and technical advancements in dental polymerization lamps featuring LED technology and enhanced curing capabilities are also expected to fuel the market growth during the forecast period. However, high cost of advanced dental lights and availability of low-priced substitutes in the market may restrain the market to a certain extent.
SWOT Analysis
Strength: Dental polymerization lamps market has strong presence of established brands which ensures product quality and reliability. Light emitting diode (LED) technology provides high brightness, durability and energy efficiency. Growing demand for cosmetic dentistry techniques drives the adoption of advanced dental polymerization lamps.
Weakness: High costs associated with LED lamps limits its adoption in price sensitive regions. Technological limitations may hinder the adoption of latest lamps in some areas.
Opportunity: Increasing healthcare expenditure in developing nations create new growth avenues. Emergence of aesthetic dentistry as prominent dental specialty opens new growth verticals. Growing demand for customized dental treatment solutions offers lucrative opportunities.
Threats: Threat from cheaper alternative curing methods may impact sales. Stringent regulatory approvals and certifications delays product launches.
Key Takeaways
The Global Dental Polymerization Lamps Market Size is expected to witness high growth, exhibiting CAGR of 7.7% over the forecast period, due to increasing demand for advanced cosmetic dental procedures.
Regional analysis North America dominates the global market owing to high healthcare spending and growth of dental industry in the US and Canada. Asia Pacific exhibits the fastest growth attributed to rising medical tourism and increasing healthcare expenditures in China and India.
Key players operating in the dental polymerization lamps market are 3M, Invoclar Vivadent, Ultradent Products Inc., Mectron s.p.a., Kerr Corporation, Gnatus Medical-Dental Equipments, Tecno-Gaz S.p.A, ACTEON GROUP, Dentsply Sirona, Den-Mat Holdings, LLC, DENTMATE, Flight Dental System, Medit Corp, COLTENE Group, Kulzer GmbH, VOCO GmbH, and B.A. International Ltd.
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https://www.rapidwebwire.com/dental-polymerization-lamps-market-size-share-growth-outlook-2023/
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