Asia Pacific Dental Industry Set to Soar, Predicted to Reach USD 18,235.6 Million by 2034 at a 5.2% of CAGR

The Asia Pacific dental industry is set for substantial growth, with the market size reaching an impressive USD 10,518.7 million in 2023. According to recent forecasts, the industry is expected to rise at a compound annual growth rate (CAGR) of 5.2% over the next decade, reflecting the increasing demand and advancements within this vital sector.

Starting at USD 11,139.8 million in 2024, the market is predicted to soar to a remarkable USD 18,235.6 million by 2034. This steady growth underscores the dynamic developments and growing focus on dental health and hygiene across the Asia Pacific region.

The driving forces behind this growth include technological advancements in dental care, rising awareness about oral health, and the increasing accessibility of dental services. As more consumers prioritize their dental health, the demand for innovative and effective dental treatments and products is set to surge.

The Asia Pacific dental industry’s robust expansion presents significant opportunities for businesses and investors looking to tap into this thriving market. Companies in the sector are expected to leverage these trends, driving innovation and enhancing their product and service offerings to meet the evolving needs of consumers.

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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
  • Dental System
    • Dental Chairs
    • Hand Pieces
    • Light Cure Equipment
    • Scaling Units
    • CAD/CAM Systems
  • Dental Instruments
    • Air Polishing Devices
    • Dental Scaler
    • Dental Burs
• 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

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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