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The Asia-Pacific dental market is expected to show a stable CAGR of 9.9% from 2022 to 2032, with an expected value of approximately US$29.8 billion. Analysis by Future Market Insights, Inc.

DUBAI, UNITED ARAB EMIRATES/ACCESSWIRE/November 21, 2022/ Cosmetic dentistry is a common procedure that has changed with advances in surgical, imaging, and biomedical technologies. According to the latest revised industry analysis from Future Market Insights, the Asia-Pacific dental market was valued at approximately US$10.6 billion in 2021 and is expected to show a CAGR of nearly 9.9% over the forecast period (2022-2032).

Future Market Insights, Inc., Monday November 21, 2022, press release image

The major factors driving the dental equipment market are an increase in the incidence of dental diseases and an increase in the demand for cosmetic dentistry. The market has chances to improve the current equipment by bringing new technological innovations that would improve the dental surgical procedures and enable more effective and efficient treatment.

Men and older people are more likely to get oral cancer, and socioeconomic status also has a significant impact on incidence. The consumption of areca nuts (betel quid), alcohol and tobacco is one of the main causes of oral cancer. Human papillomavirus infections are responsible for an increasing proportion of oral cancer cases in young people.

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For a conclusive and accurate diagnosis of oral cancer, comprehensive imaging is necessary. Therefore, a high incidence of cancer cases has a beneficial impact on the expansion of the dental industry.

The growing demand for oral healthcare services will only increase the number of people opting for dental studies in the coming years, which is a key driver for the dental market.

Key insights from market research

  • Consumables as the products are supposed to hold 71.6% market share by the end of 2022, and the segment is expected to grow at a CAGR of 9.4% over the forecast period due to the increase in the prevalence of oral diseases.

  • Treatment as an application segment within the market is expected to hold the largest market share value of 47.1% in 2022 due to the increase in oral surgeries.

  • Dental clinics are estimated to account for the largest share of the market value of approximately 57.7% by end-user segment in 2022. Dental clinics are embracing dental consumables like implants, prostheses, braces, crowns, dental impression materials and many more.

  • South Asia is expected to be the largest leading region with an expected value share of 45.4% in 2032, due to the large number of patients with oral diseases and an increase in dental procedures in the region

“Rising prevalence of oral diseases combined with growing demand for dental care are factors destined to drive sales of dental market in Asia-Pacific,” says an analyst from Future Market Insights.

Market competition

The major players are determined to develop dental products that are easy to handle and most convenient for the patient. To achieve this approach, market players have displayed several product developments and launches to provide a comprehensive product line encompassing minimally invasive and technologically advanced dental products.

  • In May 2022, Amann Girrbach extended its integrated digital workflow for dentists with the Direct Restorative Solutions (DRS) product line, allowing practices and labs to easily enter full digitalization.

  • On February 25, 2022, Dentsply Sirona unveiled its latest initiatives to strengthen its leadership in digital dentistry, including a promising partnership with Google Cloud and the introduction of a 3D printing product suitable for use in medical settings.

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Future Market Insights brings a comprehensive research report on projected revenue growth at global, regional and country levels and provides analysis of latest industry trends in each of the sub-segments from 2012 to 2032. Asia-Pacific is segmented in detail to cover all aspects of the market and present the reader with a comprehensive approach to market intelligence.

The research study is based on the product {equipment (dental x-ray equipment [extra oral radiology equipment, intraoral radiology equipment, cone beam computed tomography (CBCT)]dental lasers [soft tissue laser {gas laser, and diode laser}, and all tissue laser]dental system [dental chairs, handpieces, light cure equipment, scaling units, and CAD/CAM systems]other equipment), consumables (orthodontics [dental braces, molar bands, wires, retainers, and others]endodontics [permanent sealers, files, obturation devices, and others]hygiene maintenance products [sterilizers, air purification & filters, and hypodermic needle incinerator]whitening, tips and syringes, crowns and bridges, implants, prostheses, sealants and other consumables}, application {diagnostics, surgery and treatment} and end user {hospitals, dental support organizations (DSOs), dental clinics and dental laboratories}, in three key Asia-Pacific regions.

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Future Market Insights helps businesses, governments, investors, and related audiences in the healthcare industry identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technological evolution, and other issues crucial to achieving lasting success. Our unique approach to gathering market intelligence enables you to design innovation-driven trajectories for your business. Learn more about our industry coverage here.

Contents

1. Summary
1.1. Asia-Pacific Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Analysis and recommendations

2. Market Overview
2.1. Market coverage/taxonomy
2.2. Market Definition/Scope/Limitations
2.3. Inclusions and exclusions

3. Key Market Trends
3.1. Main trends influencing the market
3.2. Innovation/Product Development Trends

4. Value Added Information
4.1. Technological advances
4.2. Number of dentists by country
4.3. Main promotional strategies, by main manufacturers
4.4. Refund scenario
4.5. Regulatory scenario
4.6. Value chain analysis
4.7. Porter’s analysis
4.8. PESTLE analysis

5. Market Context

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR certified business consulting and market research firm, member of the Greater New York Chamber of Commerce and headquartered in Delaware, USA. Recipient of the 2022 Clutch Leaders Award for high customer score (4.9/5), we have partnered with global companies on their business transformation journey and helped them achieve their business ambitions. 80% of the Forbes 1000 largest companies are our clients. We serve global clients across all leading and niche market segments in all major industries.

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THE SOURCE: Future Market Insights, Inc.

See the source version on accesswire.com:
https://www.accesswire.com/727396/Asia-Pacific-Dental-Market-is-Set-to-Display-a-Steady-CAGR-of-99-from-2022-to-2032-With-an- Expected-value-of-about-298 billion-analysis-by-Future-Market-Insights-Inc

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