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

In the vibrant landscape of Asia Pacific dental industry stands as a beacon of growth and innovation, poised to soar to unprecedented heights. With the industry’s size already reaching an impressive USD 10,518.7 million in 2023, the forecast is nothing short of spectacular. Anticipated to rise at a remarkable 5.2% compound annual growth rate (CAGR), the Asia Pacific dental industry is set to surpass all expectations.

As we look ahead, the projections paint a picture of exponential expansion. By 2034, the industry is predicted to reach a staggering USD 18,235.6 million, marking a significant leap from USD 11,139.8 million in 2024. This trajectory not only signifies financial growth but also underscores the increasing importance of dental care in the region.

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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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