Asia Pacific Dental Industry Set for Robust Growth, Expected to Reach USD 18,235.6 Million by 2034 at a 5.2% of CAGR

The dental industry in the Asia Pacific region is poised for substantial growth, with the market size reaching USD 10,518.7 million in 2023 and projected to expand at a steady compound annual growth rate (CAGR) of 5.2% over the forecast period. By 2034, the industry is expected to surge to USD 18,235.6 million, driven by increasing healthcare investments, rising dental care awareness, and technological advancements.

Asia Pacific represents a dynamic region in the global dental sector, characterized by increasing healthcare expenditures, rising dental care awareness, and advancements in dental technologies. The growth trajectory of the dental industry is bolstered by expanding access to oral healthcare services and a growing population demanding quality dental treatments.

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What does this mean for stakeholders within the dental industry?
It represents a golden opportunity to be part of a flourishing market, where innovation and quality care converge to meet the evolving needs of consumers. Whether you’re a practitioner, manufacturer, or investor, now is the time to seize the moment and capitalize on the burgeoning demand for dental services and products.

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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