Wednesday, December 5, 2018

Strategy adopted by major players in Dental Equipment Market



The prominent players in the dental equipment market are 3M Company (U.S.), A-dec Inc. (U.S.), BIOLASE Technology (U.S.), Carestream Health (U.S.), Danaher Corporation (U.S.), Dentsply International (U.S.), Ivoclar Vivadent (Liechtenstein), Midmark Corporation (U.S.), Planmeca Oy (Finland), and Sirona Dental Systems Inc. (U.S.).
Danaher Corporation (U.S.) was the global leader in the dental equipment market in 2013. It is a well-known company and has an exhaustive product portfolio. The company adopted acquisitions as its key business strategy to uphold its leadership position in the dental equipment market. In this regard, in June 2014, Kerr Corporation (a subsidiary of Danaher Corporation) acquired DUX Dental (U.S.) and Vettec Inc. (U.S.), two dental imaging companies.
The key strategies followed by most companies in the dental equipment market are new product launches; acquisitions; and agreements, collaborations, and partnerships. New product launches accounted for the largest share of the overall growth strategies adopted by the market players from 2011 to 2014. Players adopted this strategy to enhance their product portfolios in dental equipment. Some of the leading players who adopted this strategy include A-dec, Inc. (U.S.), BIOLASE, Inc. (U.S.), Carestream Health, Inc. (U.S.), Ivoclar Vivadent (Liechtenstein), Midmark Corporation (U.S.), Planmeca Oy (Finland), and Sirona Dental Systems, Inc. (U.S.). Agreements, collaborations, and partnerships accounted for the second-largest share of the overall growth strategies adopted by the players in the market.

Related Reports:
Dental Equipment Market by Product (Dental Radiology Equipment, Digital Sensors, Dental Lasers, Diode Lasers, Dental Chairs, CAD/CAM, Dental Handpieces, Casting Machines ) & End User (Hospitals and Clinics, Dental Laboratories) - Global Forecast to 2021


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