LONDON, Jan. 28, 2019 /PRNewswire/ -- About this market
Growing number of dental shows and conferences to drive market growth. There has been increasing expenditure made by companies and government and non-government institutions to promote awareness about oral health globally through dental shows. conferences. and campaigns. For instance. in October 2018, the Annual World Dental Show by the Indian Dental Association (IDA) was held in India. Technavio's analysts have predicted that the dental burs market will register a CAGR of over 5% by 2023.
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Market Overview
Growing number of M&A
Growth strategies such as M&A and partnerships allow companies to boost their business activities. Such strategies allow product differentiation and expand product portfolios. The rise in M&A will drive the growth of the global dental burs market during the forecast period.
Limited or lack of reimbursement
Reimbursement or insurance coverage is a primary factor that affects the growth of the global dental burs market. Reimbursement policies provide limited or no coverage for dental replacements and restorations, which limits the adoption of dental consumables such as dental burs and dental procedures.
For the detailed list of factors that will drive and challenge the growth of the dental burs market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including MANI and Prima Dental the competitive environment is quite intense. Factors such as the rising number of M&A and the growing number of dental shows and conferences, will provide considerable growth opportunities to dental burs manufactures. Brasseler USA, Danaher, Dentsply Sirona, MANI, and Prima Dental are some of the major companies covered in this report.
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