South East Asia Dental Consumables Market - Opportunity Analysis and Industry Forecast (2024-2031)
Meticulous Research®—leading market research company, published a research report titled, "South East Asia Dental Consumables Market by Product [Implants (Titanium, Zirconium), Prosthetics (Bridges, Dentures, Abutments, Veneers, Inlays, Onlays), Endodontics, Orthodontics (Clear Aligners, Brackets), Sutures, Hemostats], End User - Forecast to 2031."
According
to this latest publication from Meticulous Research®, the South East Asia dental consumables market is projected to
reach $1.14 billion by 2031, at a CAGR of 9.6%
from 2024 to 2031. The growth of the South East Asia dental consumables market
is driven by the rising demand for cosmetic dental procedures, growing medical
tourism for dental procedures, the rising prevalence of dental disorders, and
the increasing incidence of edentulism in the geriatric population in South
East Asia. However, the high costs of dental procedures and the limitations of
clear aligners in delivering orthodontic torque restrain the growth of the
market.
The
increasing adoption of CAD/CAM in dentistry and government initiatives and the
introduction of health benefit packages are expected to generate growth
opportunities for market stakeholders. However, low awareness regarding oral
health is a major challenge impacting the growth of the South East Asia dental
consumables market.
Key Players:
The key
players profiled in the South East Asia dental consumables market report are
KLAR Smile (Indonesia), Institut Straumann AG (Switzerland), Dentsply Sirona
Inc. (U.S.), Zimmer Biomet Holdings Inc. (U.S.), Envista Holdings Corporation
(U.S.), Dentium Co. Ltd (South Korea), OSSTEM IMPLANT CO., LTD. (South Korea),
Medlline Industries, Inc., (U.S.), Kulzer GmbH (Germany), Ultradent Products,
Inc. (U.S.), Align Technology, Inc. (U.S.), SmileDirectClub, Inc. (U.S.),
Koninklijke Philips N.V. (U.S.), Colgate-Palmolive Company (U.S.), and The
Procter & Gamble Company (U.S.).
The South
East Asia dental consumables market is segmented by Product (Orthodontics [by
Type {Removable Braces, Brackets, Archwires, Anchorage Appliances, Ligatures},
by Material {Polymer, Metal, Ceramic}], Prosthetics [by Type {Crowns &
Bridges, Dentures, Abutments, Veneers, Inlays & Onlays}, by Material
{Metal, Ceramic, Polymer, Composite}], Dental Implants [by Type {Plate Form
Implants, Root Form Implants}, by Material {Titanium Implants, Zirconium
Implants}], Endodontics [Endodontic Files, Obturators, Permanent Endodontic
Sealers], Professional Dental Care Essentials, Periodontics [Dental Sutures,
Dental Hemostats], Other Dental Consumables), End User (Dental Clinics &
Hospitals, Dental Laboratories, and Academic & Research Institutes), and
Geography. The study also evaluates industry competitors and analyzes the
market at the regional and country levels.
By product, the South East
Asia dental consumables market is segmented into orthodontics, dental
prosthetics, dental implants, periodontics, endodontics, professional dental
care essentials, and other dental consumables. In 2024, the orthodontics
segment is expected to account for the largest share of the market, mainly due
to the high prevalence of malocclusion, the increasing adoption of digital
technologies for orthodontic treatments, and the growing demand for cosmetic
dentistry. Digital orthodontic technologies generally employ products and
consumables, such as clear aligners, customized orthodontic brackets, metallic
orthodontic appliances, and dental surgical guides, to provide treatments to
patients, whether in-person or remotely, in the form of teleconsultation or
tele dentistry.
By end user, the South East
Asia dental consumables market is segmented into dental clinics &
hospitals, dental laboratories, and academic & research institutes. In
2024, the dental clinics & hospitals segment is expected to account for the
largest share of the market. In recent years, organizations known as Invisible
Dental Service Organizations (IDSOs) have increasingly focused on consolidating
dental practices. IDSOs support different types of dental practitioners with
financial and strategic resources to expand their practices under one roof.
IDSOs reduce the burden of administrative costs, provide marketing and superior
recruiting, and help achieve higher reimbursement rates. Moreover,
technological advancements in dentistry and the increasing prevalence of dental
diseases also contribute to the segment’s largest share.
Geographic Review:
In 2024,
Indonesia is expected to account for the largest share of the South East Asia
dental consumables market. Indonesia’s large share is attributed to the
country’s high prevalence rate of malocclusion, highly skilled healthcare
professionals, increasing demand for cosmetic dentistry, and growing dental
tourism owing to high-quality services and affordability. The rising prevalence
of diseases is driving the need for better healthcare options among patients.
In such cases, increasing healthcare expenditure can help improve people’s
access to healthcare and the quality of care. For instance, the healthcare
expenditure in Indonesia increased from $8.07 billion in 2019 to $17.62 billion
in 2022. Additionally, according to the WHO’s Oral Health Status Report 2021,
routine and preventive oral health care, essential curative oral health care,
advanced curative oral health care, and rehabilitative oral health care were
considered part of the country’s health benefit packages.
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Key Questions Answered in the Report:
· Which are
the high-growth market segments in terms of product, end user, and geography?
· What was
the historical market size for dental consumables in South East Asia?
· What are
the market forecasts and estimates for the period 2024–2031?
· What are
the major drivers, restraints, opportunities, and challenges in the South East
Asia dental consumables market?
· Who are the
major players in the South East Asia dental consumables market?
· What is the
competitive landscape like? And who are the market leaders in the South East
Asia dental consumables market?
· What are
the recent developments in the South East Asia dental consumables market?
· What are
the different strategies adopted by major players in the South East Asia dental
consumables market?
· What are
the geographical trends and high-growth regions/countries?
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