The Dental Equipment and Supplies Manufacturing industry in the US saw its gross output fluctuate between 2013 and 2023, peaking at $5.24 billion in 2013 and stabilizing at $4.6 billion in 2023. From 2013 to 2017, the industry faced significant volatility, marked by negative and positive swings, but entered a period of stability and moderate growth from 2018 onwards. Specifically, the years 2022 and 2023 recorded slight year-on-year increases of 0.28% and 0.31%, respectively. The compound annual growth rate (CAGR) over the past five years has been modest, at approximately 0.31%.
Looking ahead, the industry is forecasted to experience steady growth, with a projected CAGR of 0.22% over the next five years, leading to an anticipated gross output of $4.66 billion by 2028. Future trends to watch for include technological advancements in dental equipment, increasing demand for cosmetic dentistry, and the impact of regulatory changes on the industry.
