Report : Asia Pacific Dental Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Dental Restorative, Dental Orthodontics, Dental Consumables, and Other Specialties) and Application (Hospitals, Dental Clinics, and Others)
Hospitals Segment to Dominate Asia-Pacific Dental Market during 2019–2028
According to a new market research study on “Asia-Pacific Dental Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Application,” is expected to reach US$ 12,031.08 million by 2028 from US$ 6,672.43 million in 2021. The market is estimated to grow at a CAGR of 8.8% from 2021 to 2028. Flourishing medical tourism in developing countries is the major factor driving the growth of the Asia-Pacific dental market. However, limited reimbursements may hinder the growth of Asia-Pacific dental market. The report provides trends prevailing in the Asia-Pacific dental market along with the drivers and restraints pertaining to the market growth.
Asia-Pacific countries witnessed a huge challenge due to the COVID-19 pandemic. Due to the outbreak of disease, healthcare industries have been affected severely, considering the economic conditions in the current situation. Restrictive measures were taken to control the spread of the COVID-19 pandemic. As per the Indian Dental Association (IDA), dental care is sometimes urgent, and putting it off can sometimes flare up the issue. Further, pain related to swelling, inflammation, fracture tooth, and bleeding come under severe dental emergencies; therefore, treating this is primarily considered necessary. IDA had set guidelines to treat such patients. The clinics carried out thermal screening thoroughly, and protective disposable gowns were given to patients as they entered the clinic. Furthermore, doctors wore proper personal protective equipment (PPE) appropriate to perform the procedure. The COVID-19 pandemic affected the business operation of the various key players operating in this region.
The Asia-Pacific dental market is segmented into type, application, and country. The Asia-Pacific dental market based on the type is segmented into dental restorative, dental orthodontics, dental consumables, and other specialties. In 2020, the dental consumables segment held the largest share Asia-Pacific dental market. Based on dental restorative the market is divided into dental implants, dental prosthetics, and implant accessories. In 2020, the dental implants segment held the largest share Asia-Pacific dental market. Based on dental orthodontics the market is divided into fixed braces and clear aligners. In 2020, the fixed braces segment held the largest share Asia-Pacific dental market. Based on application, the Asia-Pacific dental market is segmented into hospitals, dental clinics, and others. The hospitals segment held the largest share of the market in 2020. Similarly, based on country, the market is segmented into the China, India, Japan, Australia, South Korea, and rest of Asia-Pacific. China contributed a substantial share in 2020.
3M; Align Technology, Inc.; Carestream Dental LLC; Danaher; Dentsply Sirona; Ivoclar Vivadent AG; PLANMECA OY; Shofu Global; Ultradent Products Inc; and Zimmer Biomet are among the leading companies in the Asia-Pacific dental market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Ultradent Products, Inc., a leading developer and manufacturer of high- tech dental materials, was honoured to be recognized a 2021 Fortune Magazine Best Workplace in Manufacturing and Production.
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