Key vendors to scale down product prices to attract new customers.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global dental lasers market in their latest research report. This report also lists 12 other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for dental lasers is dominated majorly by tier 1 players who have strong positions compared to tier 2 and tire 3 vendors. The competition between large (Tier 1), medium (Tier 2), and small-sized (Tier 3) companies is gradually increasing, with big players in the market losing their shares to the new market entrants. Factors such as advances in technology and product innovation are expected to further intensify the competitive environment in the market. Global players adopt advanced technologies to enhance their product portfolio and decrease competition from new players.
According to Barath Palada, a lead analyst at Technavio for research on orthopedics and medical devices, “The competition among vendors in the market is largely based on the design and manufacturing cost of a product. Local vendors offer products at low costs compared with global players, giving customers multiple options to choose from. Besides, customers from developing countries have low awareness of new products and low purchasing power and hence they prefer local vendors that provide better after-sales support. This, in turn, compels multinational companies to scale down their product prices leading to price wars.”
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Top five vendors in the dental lasers market space
A.R.C. Laser
A.R.C. Laser is a medical device company focusses in developing and producing medical laser equipment in a wide range of products in ophthalmology, dermatology and aesthetics, dental, ENT, surgery, and veterinary. It focuses on developing innovative products completely based on end-user’s perspective and has in-house manufacturing facility.
Key products: C-LAS (CO₂ laser), Hybrid 980 + 532 diode laser, and FOX diode laser.
Biolase
Biolase develops, manufactures, and markets dental laser systems. It is a leading vendor in the global dental lasers market. The company also focuses on providing other dental imaging equipment such as CAD/CAM scanners. It has a portfolio of technologically advanced products, which helps in practicing dentistry and medicine at molecular level.
Key products: Waterlase Express all-tissue laser, Waterlase iPlus all-tissue laser, Epic Pro diode laser, EpicX diode laser, EPIC10 diode laser, and iLase diode lasers.
Danaher
Danaher designs, manufactures, and sells professional, industrial, medical and commercial products and services. Its R&D, manufacturing, distribution, sales, service and administrative facilities are located in over 50 countries. It also develops products which are used for dental imaging. It also develops products which are used for diagnosis of disease, treatment, and prevention of disease; aliment of teeth, gums and supporting bone.
Key products: DEKA Smart CO₂ laser (with UltraSpeed pulsing technology), KaVo KEY Laser 3+ laser system, and MASTER lase/EXPERT lase.
Dentsply Sirona
Dentsply Sirona develops, manufactures, and markets solutions for dentists worldwide. It partners with dental practices, dental laboratories, clinics, and authorized distributors. In February 2016, the company announced the completion of merger equals between Sirona Dental and DENTSPLY International.
Key products: SIROLaser Blue diode laser and SIROLaser Advance & Xtend.
Gigaalaser
Gigaalaser designs, develops, and manufactures a wide range of medical diode lasers and accessories. Its products cover human, dental and veterinary medicines. The company focuses on emphasizing more on R&D activities, services and training. The company offers the most reasonable and innovative lasers for soft-tissue dental applications. Apart from soft tissue surgery application, the laser systems are also used in other treatments such as decontamination, tooth whitening, and biostimulation.
Key products CHEESE II Medical diode laser and Cheese mini dental diode laser systems.
A more detailed analysis is available in the Technavio report, Global Dental Lasers Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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