The dental industry across the Asia Pacific region is on a robust growth trajectory, with market size reaching USD 10,518.7 million in 2023. According to the latest market analysis, this industry is expected to continue its upward trend, growing at a Compound Annual Growth Rate (CAGR) of 5.2% over the forecast period. By 2034, the market is projected to attain a valuation of USD 18,235.6 million, up from an anticipated USD 11,139.8 million in 2024.
This growth is driven by a combination of factors, including increasing awareness of oral health, advancements in dental technology, and a rising demand for cosmetic dentistry. The expanding middle class in the region, coupled with higher disposable incomes, is also contributing to the surge in demand for dental services and products.
The growing need for dental services is fueling the enormous growth of the dental business in the Asia Pacific area. The growing awareness of the significance of dental care and oral health is anticipated to drive demand for dental services and treatments, hence driving market expansion.
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Key Takeaways:
- The Asia Pacific dental industry reached a valuation of US$10.5 billion in 2023 and is projected to reach US$18.2 billion by 2034, reflecting a steady CAGR of 5.2%.
- Rising disposable income, increasing awareness of oral health, and growing geriatric population are key drivers of market growth.
- Expanding dental insurance coverage and a flourishing medical tourism industry are expected to further propel the market forward.
Competitive Landscape:
Product launch is set to be a powerful promotional strategy for leading companies, offering a multifaceted approach to showcasing its commitment to innovation, patient care, and scientific advancement.
To fulfill end-user demand, key companies invest in research & development to produce new products and increase their manufacturing capacity. To expand their presence, leading players are directed toward implementing growth strategies such as collaborations, acquisitions, mergers, and facility expansions.
For instance
- In April 2023, ZimVie Inc. introduced two new products to its biomaterials portfolio. One of the products is named RegenerOss® CC allograft particulate. It is a natural amalgamation of cortical and cancellous bone particles.
- In May 2023, Philips, a global leader in health technology, announced the launch of the Philips CT 3500, a new high-throughput CT system targeting the needs of routine radiology and high-volume screening programs.
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Key Companies Profiled:
- 3M Company
- Dentsply Sirona
- ZimVie Inc.
- Koninklijke Philips N.V.
- Ultradent Products Inc.
- STRAUMANN GROUP
- Ivoclar Vivadent AG
- Kerr Corporation
- Colgate-Palmolive Company
- Procter & Gamble
- PLANMECA OY
- Septodont Holding
- BIOLASE, Inc.
- Henry Schein, Inc.
- Höganäs AB
- Stratasys Ltd.
Asia Pacific Dental Industry Segmentation by Category:
By Product:
- Equipment
- Dental Radiology Equipment
- Extra Oral Radiology Equipment
- Intra Oral Radiology Equipment
- Cone Beam Computed Tomography (CBCT)
- Dental Lasers
- Soft Tissue Laser
- Gas Lasers
- Diode Laser
- All Tissue Laser
- Soft Tissue Laser
- Dental System
- Dental Chairs
- Hand Pieces
- Light Cure Equipment
- Scaling Units
- CAD/CAM Systems
- Dental Instruments
- Air Polishing Devices
- Dental Scaler
- Dental Burs
- Dental Radiology Equipment
- Consumables
- Orthodontics
- Dental Braces
- Molar Bands
- Wires
- Retainers
- Other Orthodontics
- Endodontics
- Permanent Sealers
- Files
- Obturation Devices
- Other Endodontics
- Hygiene Maintenance Products
- Sterilizers
- Air Purification & Filters
- Hypodermic Needle Incinerator
- Whitening
- Crowns & Bridges
- Implants
- Prosthetics
- Sealants
- Other Consumable
- Orthodontics
By Application:
- Diagnostics
- Surgical
- Treatment
By End-user:
- Hospitals
- Dental Support Organizations (DSO)
- Dental Clinics
- Dental Laboratories
By Country:
- China
- Japan
- South Korea
- India
- Philippines
- Malaysia
- Thailand
- Indonesia
- Singapore
- Rest of South Asia
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