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Aug 05, 2023

Refurbished Dental Equipment Industry Achieves Remarkable 8.7% CAGR, Envisioning a US$ 1.8 Billion Landscape by 2033

As per Future Market Insights’ latest industry analysis, the valuation for the global Refurbished Dental Equipment Market was around US$ 741.9 Million in 2022 and is projected to exhibit a CAGR growth of close to 8.7% over the forecast period, with an estimated valuation of US$ 1.8 Billion in 2033.

Dental instruments, equipment, & devices that have been used in the past but have undergone restoration or repair to return them to a usable condition are referred to as refurbished. Typically, these supplies originate in dental offices, clinics, or laboratories where they were previously in use but are no longer required or have been replaced.

The perception of refurbished dental equipment has changed over time, with increased awareness and acceptance of its benefits. Dental professionals are becoming more knowledgeable about the refurbishment process and the quality assurance measures taken by reputable refurbishment companies. As a result, there is a growing acceptance of refurbished equipment as a viable alternative to new purchases.

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The rising cost of healthcare and the increasing financial pressures on dental practices have led to a growing demand for cost-effective solutions. Refurbished dental equipment provides an opportunity for practices to reduce their upfront investment while still obtaining reliable equipment. This trend is likely to continue as dental professionals seek ways to optimize their budgets without compromising on quality.

Cost savings is a significant driver for the adoption of refurbished dental equipment. Dental practices, especially small and independent ones, are often looking for ways to reduce their expenses. Refurbished equipment offers a cost-effective alternative to purchasing new equipment, allowing dental professionals to acquire necessary instruments and machinery at a lower price point.

The market for refurbished dental equipment is developing by access to affordable dental equipment can be limited, and refurbished options provide a more accessible solution. The demand for refurbished equipment is growing as dental practices strive to improve their infrastructure and expand their services.

Overall, these factors are contributing to the growth of the refurbished dental equipment market, and are expected to continue to drive demand for effective and customized products in the coming years.

Key Takeaways:

“High Costs associated with Dental Equipment and Rising Prevalence of Dental Conditions is Prompting Dental Practitioners to Opt for Refurbished Equipment, thereby fuelling the Global Market,” says an analyst at Future Market Insights (FMI).

Market Competition:

Partnerships, purchases, mergers, and various other corporate growth methods are used by major market participants to build their businesses. Major players concentrate on strategies including boosting sales and utilising innovative technologies for the creation of novel products.

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Key Players:

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the refurbished dental equipment market in its latest study, presenting a historical demand assessment of 2018 to 2022 and projections for 2023 to 2033. The global refurbished dental equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The research study is based on product – {specialized dental equipment (intraoral cameras, chairside CAD/CAM systems, 3D imaging systems, surgical microscopes, dental lasers, endodontic equipment, cone beam computed tomography (CBCT) systems, others), essential dental equipment’s ( dental patient chairs, delivery systems, dental operatory lights, X-ray imaging equipment, sterilization equipment, handpiece, utility equipment, others)} end user- (hospitals, independent dental clinics, group dental practices, ambulatory surgical centres) & across seven regions of the world.

Key Segments Covered:

By Product:

By End User:

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.Christiana Corporate, 200 Continental Drive,Suite 401, Newark, Delaware – 19713, USAT: +1-845-579-5705For Sales Enquiries: [email protected]Website: https://www.futuremarketinsights.comLinkedIn| Twitter| Blogs | YouTube

Elevate Your Understanding with PDF Sample Downloads. @Key Takeaways:Market Competition:Gain the Edge with Segmented Information – Buy Now! @Key Players:What Does the Report Cover?Key Segments Covered:By Product:By End User:About Future Market Insights (FMI)Contact Us: For Sales Enquiries: Website:
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