The India dental device market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing healthcare expenditure, growing number of private dental clinics, and rising awareness about oral care among the people.
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Dental devices are the tools used by dentist for providing dental treatments to patients. Dental devices include simple to advanced devices, which helps to manipulate, examine, restore and remove the teeth as well as surrounding of the oral structures. Dental devices uses implant designs, surface functionalization, superior biomaterials, and surface modification for increasing activity to improve long term outcome of the treatment.
Various foreign key players are investing in the India dental device market by setting up their manufacturing units in India. India is quickly becoming a manufacturing hub for providing dental equipment and material to various less developing nations. Dentists are adopting advanced treatments and governments are taking more active measures and initiatives.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing geriatric population and dental tourism is anticipated to propel the market growth during the forecast period.
- Rapid growth of the healthcare sector is major factor fueling the market expansion.
- High cost of dental devices is estimated to hamper the market growth in the coming years.
- Lack of reimbursement for dental procedures act as main challenge that can restrict the market expansion.
- Technological advancement in the dental devices is expected to offer immense opportunities for the market players.
Market Segment Insights:
Dental lasers segment is projected to account for a large market share
Based on products, the India dental device market is divided into general and diagnostic equipment, dental consumables, and others. The general and diagnostic equipment segment is further classified into dental chair and equipment, radiology equipment, dental lasers, and others. The dental consumables segment is further categorized as crowns and bridges, dental implants, dental biomaterial, and others. The dental lasers segment is expected to constitute a key share of the market during the forecast period owing to satisfactory reimbursement scenario, favorable technological adoption, and growing prevalence in the geriatric population.
Prosthodontic segment is projected to hold a key market share
On the basis of treatments, the market is segmented into periodontic, orthodontic, prosthodontic, and endodontic. The prosthodontic segment is expected to represent a key share of the market in the coming years due to growing demand for cosmetic dentistry and increasing demand for dental prostheses. It includes various tools for the dental corrections. Prosthodontic is majorly used in treatment of the dental problems caused by missing or defective teeth.
Hospitals and clinics segment is projected to constitute a major market share
In terms of end-users, the India dental device market is segregated into hospitals and clinics, dental laboratories, and others. The hospitals and clinics segment is expected to account for a key share of the market during the forecast period owing to increasing number of dental clinics and hospitals, rising demand for cosmetic dentistry, and adopting advanced technologies for treatments in dental hospitals. However, the dental laboratories segment is anticipated to expand at a rapid pace during the forecast period due to growing popularity of dental treatment resulting from the increasing prevalence of dental diseases that is leading to edentulism.
Competitive Landscape
Key players competing in the India dental device market include Dental Service Group; Coast Dental Services LLC.; Apollo White Dental; Pacific Dental Services; Wockhardt Hospitals Ltd.; Great Expressions Dental Centers; and Fortis Healthcare Ltd. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
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According to research report the global dental devices market is projected to reach USD 7.52 billion by 2021 from an estimated USD 5.93 billion in 2016, at a CAGR of 4.9%Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=784Factors such as the rapidly growing elderly population, increasing incidence of dental caries and other periodontal diseases, and growing demand for cosmetic dentistry are driving the growth of the dental equipment market.
During the forecast period, Europe holds the largest share of this market.
The major factors driving the growth of the European dental equipments market include the rising geriatric population, growing governmental expenditure on oral healthcare across Europe, and the high reimbursement rate in Germany, Sweden, and the Netherlands.Based on product, the dental devices market is split into general dental equipment, dental diagnostic equipment, and dental therapeutic equipment.
Improvements and enhancements in product designs have facilitated the provision of better dental care services to patients.
The availability of portable and integrated solutions enables differentiation in dental practices.
The growing demand for the innovative dental products is expected to propel the growth of this market segment.Danaher Corporation (U.S.), Planmeca OY (Finland), Dentsply Sirona (U.S.), and Carestream Health, Inc. (U.S.) held a major share of the dental equipment market.
National Dental Care is first choice for dental tourism in India.
We offer dental travel packages, dental vacation and dental treatment packages in India.
FMS Dental, the best dental implant clinic in India has the best implant dentists and is the best dental hospital for dental implants in Asia.
