Market Size of Australia Dental Devices Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Australia Dental Device Market Analysis
Australia dental devices market is expected to register a CAGR of 6.2% over the forecast period.
The COVID-19 pandemic had a significant impact on the dental industry in Australia. The restrictive public health measures and lockdowns led to significant impacts on Australian dentists during the early period of the pandemic. For instance, according to an article published by Elsevier Public Health Emergency Collection in May 2022, the major challenge faced by dentists in Australia was to adjust their services and workflows to ensure patient safety and minimize the risk of transmission. This subsequently led to decreased demand for dental devices in Australia, which majorly affected the overall market. However, the market is gradually stabilizing as COVID-19 cases are declining. Thus, an increase in dental procedures is expected to have a significant impact on the Australian dental devices market over the forecast period.
Factors propelling the growth of the Australian market for dental devices include the increasing burden of oral diseases, an aging population, and technological advancements in dentistry. For instance, as per the report published in March 2023 by the Australian Institute of Health and Welfare, the Patient Experience Survey 2021-22 (ABS 2022) found that for people aged 15 and over, it is estimated nearly half (49%) visited a dental professional in the last 12 months, and of those who needed to and saw a dental professional, the majority (57%) visited more than once in the last 12 months. Thus, an increase in dental visits led to an increase in the demand for dental devices, thereby driving the growth of the market.
Additionally, various initiatives taken, such as funding, product launches, and approvals, are expected to boost the market's growth during the forecast period. For instance, according to the 2022-23 Australian Budget, Primary Health Care 10-Year Plan supporting access to dental care, the Australian Government will invest more than USD 107.8 million towards adult public dental patient services for concession card holders. Such an initiative is expected to drive market growth.
Therefore, the factors mentioned above, such as the increasing burden of oral diseases, the aging population, and technological advancements in dentistry, are attributed collectively to the studied market growth over the forecast period. However, the increasing cost of dental surgeries in the country and the rising usage of refurbished dental devices are some of the factors restraining the market growth in Australia.
Australia Dental Device Industry Segmentation
As per the scope of this report, dental instruments are tools used by dental professionals to provide dental treatment. It includes tools to examine, manipulate, treat, restore, and remove teeth and surrounding oral structures. The Australia dental devices market is segmented by product (general and diagnostics equipment (dental lasers (soft tissue lasers, and hard tissue lasers), radiology equipment, dental chair and equipment, other general and diagnostic equipment), dental consumables (dental biomaterial, dental implants, crowns and bridges, and other dental consumables), and other dental devices), treatment (orthodontics, endodontics, periodontics, prosthodontics, and other treatments), and end-user (hospitals, clinics, and other end users). The report offers the value (in USD) for the above segments.
| By Product | |||||||||
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| Other Dental Devices |
| By Treatment | |
| Orthodontics | |
| Endodontics | |
| Periodontics | |
| Prosthodontics | |
| Other Treatments |
| By End User | |
| Hospitals | |
| Clinics | |
| Other End Users |
Australia Dental Devices Market Size Summary
The dental devices industry in Australia is poised for growth, driven by factors such as the increasing prevalence of oral diseases, an aging population, and advancements in dental technology. The market experienced a downturn during the COVID-19 pandemic due to restrictive measures that reduced dental visits and, consequently, the demand for dental devices. However, as the situation stabilizes and dental procedures resume, the market is expected to recover and expand. Government initiatives, such as funding for public dental services and support for dental care access, are further anticipated to bolster market growth. The prosthodontics segment, in particular, is benefiting from increased demand for dental prostheses and government-paid benefits, which are encouraging more patients to seek these services.
The market landscape is characterized by moderate competition, with several international companies maintaining a strong presence in Australia. Key players are actively engaging in strategic collaborations and product launches to enhance their market footprint. For instance, partnerships like that of Totally Smiles and About Smiles aim to expand service offerings, while innovations such as same-day emergency dental services are driving increased patient visits. Additionally, the demand for dental chairs is rising due to the growing number of patients seeking dental care, supported by both private and public funding. These dynamics, coupled with ongoing developments in the sector, are expected to sustain the growth trajectory of the Australian dental devices market over the forecast period.
Australia Dental Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Burden of Oral Diseases and Ageing Population
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1.2.2 Technological Advancements in Dentistry
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1.3 Market Restraints
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1.3.1 Increasing Cost of Surgeries
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1.3.2 Expanding Demand for Refurbished Dental Devices
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size - Value in USD Million)
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2.1 By Product
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2.1.1 General and Diagnostics Equipment
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2.1.1.1 Dental Lasers
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2.1.1.1.1 Soft Tissue Lasers
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2.1.1.1.2 Hard Tissue Lasers
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2.1.1.2 Radiology Equipment
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2.1.1.3 Dental Chair and Equipment
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2.1.1.4 Other General and Diagnostic Equipment
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2.1.2 Dental Consumables
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2.1.2.1 Dental Biomaterial
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2.1.2.2 Dental Implants
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2.1.2.3 Crowns and Bridges
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2.1.2.4 Other Dental Consumables
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2.1.3 Other Dental Devices
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2.2 By Treatment
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2.2.1 Orthodontics
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2.2.2 Endodontics
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2.2.3 Periodontics
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2.2.4 Prosthodontics
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2.2.5 Other Treatments
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2.3 By End User
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2.3.1 Hospitals
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2.3.2 Clinics
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2.3.3 Other End Users
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Australia Dental Devices Market Size FAQs
What is the current Australia Dental Devices Market size?
The Australia Dental Devices Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in Australia Dental Devices Market?
Carestream Health Inc., Dentsply Sirona, Envista Holdings Corporation, GC Corporation and 3M Company are the major companies operating in the Australia Dental Devices Market.
