Canada dental care equipment market is anticipated to grow at a CAGR 6.5% during the forecast period. Canada is also a strong country in the North American region. There are many factors augmenting the growth of the Canadian region such as rising geriatric population, rising healthcare expenditure and so on. The Canadian population is aging, and the oral health needs of this aging population have changed. Mostly elder people are now dentate, which means that they continue to need the services of a dentist, specifically dentists who have been trained in geriatric oral health care.
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Apart from growth in the geriatric population, the spending on healthcare has is also increased. An aging population will also require governments to direct more resources to senior income transfer programs such as the Guaranteed Income Supplement (GIS) and Old Age Security (OAS). According to the Fraser Institute, spending on these programs costs about $48.3 billion, which represents around 2.4% of GDP. In 2045, spending on Elderly Benefits is projected to be around 1.1 to 1.2% points of GDP higher than in 2017. This means that Elderly Benefits will represent between 3.5 and 3.6% of GDP by 2045, an increase of 47.0% from 2017. Using 2016 nominal GDP figures, the increase would be equivalent to $22.6 billion more being spent on Elderly Benefits. Rising healthcare spending on elder population pool augments the Canadian dental care equipment market during the forecast period.
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Market Segmentation
By Radiology Equipment
- Intraoral Radiology Equipment
- Extraoral Radiology Equipment
By Dental Lasers
- Diode Lasers
- Carbon Dioxide Lasers
- Yttrium Aluminium Garnet Lasers
By Laboratory Machines
- Ceramic Furnace
- Hydraulic Press
- Electronic Waxer
- Suction Unit
- Micro Motors
By Hygiene Maintenance Devices
- Sterilizers
- Air Purification & Filters
- Hypodermic Needle Incinerator
By Systems And Parts
- Instrument Delivery Systems
- Vacuums & Compressors
- Cone Beam And Ct Systems
- Cast Machine
- Furnace And Ovens
- Electrosurgical Equipment
- CAD/CAM
By Other Equipment
- Dental Chairs
- Handpieces
- Scaling Unit
- Light Cure
Company Profiles
- 3M Co.
- A-DEC, Inc
- AMD Lasers, LLC
- Biolase, Inc
- Carestream Dental, LLC
- Danaher Corp.
- Dentsply Sirona International, Inc
- Henry Schein, Inc.
- Hu-Friedy MGF Co.
- Midmark Corp.
- Patterson Companies Inc.
- Ultradent Products, Inc.
- Zimmer Biomet
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
