Asia-Pacific Dental Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia-Pacific Dental Equipment Market Analysis

The Asia-Pacific Dental equipment market is expected to register a CAGR of 9.1% over the forecast period.

COVID-19 had a profound impact on the dental equipment market owing to the cancellations of elective dental procedures in the Asia-Pacific region. The number of visits to hospitals and clinics for dental purposes declined significantly, hampering the demand for dental equipment. For instance, as per the study published in April 2022, during the outbreak, dental care services were reduced in China during the pandemic. The study also reported that following the implementation of preventative strategies, the number of dental patients gradually increased over the post-pandemic period until returning to the normal range. However, as the COVID-19 cases seized, the market reported an increase in growth. The market is anticipated to regain its full growth over the upcoming 4-5 years owing to the increasing product launches and expansion by key players in the region.

In addition, the increase in the aging population, rising demand for cosmetic dentistry, and growing medical and dental tourism in developing countries are actively affecting the growth of the studied market.

The Asia-Pacific dental equipment market is highly influenced by the high prevalence of dental disorders and dental caries due to unhealthy diets, poor oral hygiene, and other factors. For instance, according to an article published in BMJ Open Journal in November 2021, the study was conducted in a population pool of 3731 adolescents in Northeast China. The study reported that the prevalence of dental caries in 12-15-year-old adolescents was 53.65%. The high prevalence of dental caries is estimated to boost the utility of excavators or low-speed dental burs, which is ultimately projected to propel the market growth in the region.

Due to the increasing geriatric population, the rise in the number of dental implants and oral surgeries will drive the market for dental equipment in the region. For instance, according to the Elderly in India 2021 report, around 137.9 million people over the age of 60 years were living in India in 2021. The numbers are projected to rise to 193.8 million by the year 2031. Since the geriatric population is associated with a high incidence of dental disorders, the high burden of the geriatric population in the country is expected to propel the market growth.

Moreover, the market players engage in strategic initiatives such as market expansions, product launches, acquisitions, collaborations, mergers, and partnerships, to establish a strong presence and expand their geographical reach. For instance, in August 2021, Vatech launched an e-commerce platform for the sales and distribution of dental supplies in India. This move is part of Vatech's broader strategy to diversify its business interests in countries where it boasts the number one market share. In addition, cosmetic dentistry is one of the emerging markets that is gaining popularity due to the increasing focus on dental tourism and a rising preference for aesthetic and perfect teeth. Such trends are expected to drive the market's growth in the near future.

Moreover, the growing number of investments and agreements in dental devices contributes to the market's growth. For instance, in August 2021, Medit and Straumann raised USD 20 million in a Series B funding round led by Eight Roads Ventures, Think Investments, and the Mankekar Family Office. Also, in January 2021, tooths raised USD 5 million in Series A funding. Thus, the increase in partnerships and financing by the key players is expected to boost the growth of the studied market in Asia-Pacific.

Therefore, owing to the factors such as the rising prevalence of dental disorders and strategic initiatives by key players, the studied market is anticipated to witness growth over the analysis period. However, the lack of proper reimbursement of dental care and the increasing cost of surgeries are likely to impede the market growth.

Asia-Pacific Dental Equipment Market Trends

This section covers the major market trends shaping the APAC Dental Equipment Market according to our research experts:

Prosthodontic Equipment is Expected to Hold a Significant Market Share in the Over The Forecast period

Asia-Pacific Dental Equipment Industry Segmentation

As per the scope of the report, dental equipment is the tool used by dental professionals to provide dental treatment. They include tools to examine, manipulate, treat, restore, and remove teeth and surrounding oral structures. The Asia-Pacific Dental Equipment Market is segmented by Product (General and Diagnostics Equipment (Dental Laser (Soft Tissue Lasers and Hard Tissue Laser), Radiology Equipment (Extra Oral Radiology Equipment and Intra-oral Radiology Equipment), Dental Chair and Equipment, and Other General and Diagnostic Equipment), Dental Consumables (Dental Biomaterial, Dental Implants, Crowns and Bridges, and Other Dental Consumables), and Other Dental Devices), Treatment (Orthodontic, Endodontic, Periodontic, and Prosthodontic), End User (Hospital, Clinics, and Other End Users), and Geography (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific). The report offers the value (in USD million) for the above segments.