Mr. Chris Smith
According to the latest report published by Credence Research, Inc. “Bench-top Dental Autoclaves Market – (Device Type –Class N Autoclaves, Class B Autoclaves and Class S Autoclaves): Growth, Future Prospects and Competitive Analysis, 2016-2022,” the market was valued at USD 46.0 Mn in 2015, and is expected to reach USD 76.3 Mn by 2022, expanding at a CAGR of 7.5% from 2016 to 2022.
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North America held the largest regional market, accounting for the market share of over 36% in 2015, and is expected to dominate the global bench-top dental autoclaves market during the forecast period of 2016 to 2022. Supportive government initiatives is the major factor the driving the bench-top dental autoclaves market in the region. Asia Pacific is expected to grow at the highest rate during the forecast period, due to rising number dentals laboratories in the region and rising awareness regarding the dental health in Asia Pacific.
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Among the device types, class B autoclaves are the dominating segment in terms of revenue due to due to the fact that it offers greater flexibility and is suitable for a wide range of setting. Moreover, class B autoclaves offer outstanding performance, unbeatable efficiency and the highest possible safety standards. The class S autoclaves is anticipated to be the fastest growing segment in the global bench-top autoclaves market as it’s an intermediate between the class N autoclaves and class S autoclaves. Moreover, user-friendly interface of the class N autoclaves would further drive the market in the forecast period.