China’s Dental Equipment and Supplies Market Research Report by Radiant Insights, Inc
China’s dental equipment and supplies market is estimated to be worth USD 1 billion. It recorded USD 54 million in 2013. It is projected a robust growth rate over the forecast period (2018-2023).
San Francisco, United States – July 26, 2016 /MarketersMedia/ —
China’s dental equipment and supplies market is estimated to be worth USD 1 billion. It recorded USD 54 million in 2013. It is projected a robust growth rate over the forecast period (2018-2023). China’s lack of attention towards oral health will give manufacturers the right opportunity to proliferate. A majority of the market demand is expected from oral health doctors and their recommendations.
The market is segmented by dental treatment equipments, dental supplies, and regions. High incomes of consumers in the region as well as awareness of oral health are driving the market. But high price of dental equipments may hamper the regional market growth.
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Dental equipments comprise dental air abrasion, anesthetics, dental lasers, dental chairs & tools, dental implants, dental X-ray, intraoral video cameras, periodontal diagnostic products, and scaling/stain removal devices. Dental implants are estimated to grow at a significant growth rate over the next five years. Patients demanding implants, namely the elderly need it to chew food easily. Dental chairs need to be manufactured considering the physical size of Chinese consumers.
Dental supplies involve operatory lighting, abrasives disks, mandrels & strips, handpieces, high speed handpiece turbine, liners and bases, replacement cartridges, and delivery systems. Among dental supplies, handpieces are heralded to gain major shares of the market. This can be ascribed to rise of dental clinics and geriatric populace which have neglected their teeth.
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Regions include Northeast, Northwest, Southeast, Southwest, North, and Central South China. Major provinces of interest to the market are Guangzhou in south China, Beijing in North China, Chengdu in Southwest China, and Shanghai in east China. The Chinese market will target capitals, seaside cities, and then remote towns in North and South China.
Prominent manufacturers in China’s dental equipment and supplies market are Sirona Dental Systems Foshan Co. Ltd.; Shanghai Victor Medical Instrument Co., Ltd.; Shanghai Fimet Medical Instrument Co., Ltd., and Fujian Meisheng Medical Science & Technology Co., Ltd. Market acquisitions are a strategy employed by main market participants to sustain their hold. For instance in 2004, Sirona Dental acquired HTC Hipwo Group and cemented its place in the Chinese market.
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