Market Overview and Growth Highlights
Dental Care devices are the equipment that are used by the dentists to monitor, remove, manipulate and fix the surrounding oral structures. They are used to treat and diagnose dental diseases. There are various instruments used by the dentists such as dental mirror for indirect vision and to retract tongue, cheeks or lips. Tweezers are used for transferring any material in and out of cavity. Similarly, there are various other instruments that are used as dental care devices by the dentists where advancements in technology have led to the development of innovative products that focus on hygiene and protection.
The Asia dental care device market is anticipated to surpass USD 4.8 Billion by 2027. The market is anticipated to record a CAGR of around 32.1% over the forecast period i.e. 2019-2027.Increasing risk factors related to oral diseases due to the usage of tobacco, poor oral hygiene, consumption of alcohol and unhealthy diet are some of the factors that are contributing to the growth of the market. Increase in the incidents of oral cancers and periodontal diseases in the Asia Pacific region are expected to boost the market growth during the forecast period.
Government initiatives pertaining to dental hygiene have led to the growth of the market. Currently, governments of various countries have initiated reforms for the development of dental health. The 2016-17 Budget of Australia was enacted to deliver a reform through Single National Child and Adult Public Dental Scheme and has allocated around USD 1.29 Billion towards public services for dental care. Increase in technological innovations related to dental devices has improved the standards of dental surgical procedures by making many dental treatment effective and efficient, increased usage of CBCT (Cone Beam Computed Tomography) in oral diagnosis and treatment planning. Additionally, rise in the prevalence of dental diseases and advanced equipment improving the treatment procedure is estimated to contribute towards the growth of the Asia dental care device market.
Market Segmentation Synopsis
By Product Type
The market is segmented by product into radiology equipment, dental lasers, laboratory machines, hygiene maintenance devices and others, out of which, the dental laser segment is anticipated to have leading shares on account of their usage in teeth whitening and root canal procedures on a large scale. The laser and electro surgery techniques are used in dental surgeries which has resulted in minimum damage to the tissues and has led to faster healing. The development of CAD/CAM and 3D printing has propelled the growth of dental equipment market.
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By End Users
The market is further segmented by end users into hospitals, clinics, dental laboratories, dental research institutions and others, out of which, the hospitals segment is anticipated to have significant growth on the back of increase in the number of patients visiting specialized centers for the treatment of oral diseases owing to availability of better and advanced facility at the hospitals.
By Geography
China is anticipated to have the largest market share, followed by Japan and India. The growth in China can be attributed to its healthcare reform to provide low-priced and effective health services to its natives, large pool of patients and increase in the number of dentists. Additionally, rise in the disposable income and increase in awareness among people related to oral health are some of the significant factors that are anticipated to boost the growth of the market in the country.
Market Drivers and Challenges
Growth Drivers
There is an increase in dental tourism in the developing countries which is contributing to the growth of the market in the Asia Pacific region. Dental disorders have increased in the recent years due to the usage of tobacco and poor oral hygiene. There have been numerous technological advancements related to oral treatment such as laser usage in root canal treatment which leads to painless and hygienic treatment for the patients. These factors are expected to drive the growth of dental care device market in the region.
Restraints
High cost of advanced dental equipment, lack of awareness in developing countries and high tax rates on certain dental equipment are some of the factors that are expected to hamper the growth of the Asia dental care devices market.
Top Featured Companies Dominating the Market
Players in this market are expanding their product portfolio in order to enhance their position in the market, whereas, some companies are innovating their products as well as launching new products to stay ahead of the competitive scenario among other players in the market.
Some of the prosperous industry leaders in the Asia Dental Care Device Market are:
- Nobel Biocare Services AG
- Company Overview
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- Recent Development
- Regional Presence
- SWOT Analysis
- Dentsply International Inc.
- Henry Schein, Inc.
- Planmeca Oy
- DB Orthodontics
- Institut Straumann AG
- GC Corporation
- DENTAURUM GmbH & Co. KG
- Other Prominent Players
