Dental Devices - Bangladesh | Statista Market Forecast

Revenue in the Dental Devices market market in Bangladesh is anticipated to reach US$883.50k in 2024.
The revenue is projected to exhibit an annual growth rate (CAGR 2024-2029) of 11.39%, leading to a market volume of US$1.51m by 2029.
In a global context, the highest revenue is expected to be generated the United States, amounting to US$7.40bn in 2024.
In Bangladesh, the growing awareness of oral health is driving demand for advanced dental devices, significantly influencing the medical technology landscape.

Definition:
The Dental Devices market, a medical technology market, covers a wide range of products used in the diagnosis, treatment, and prevention of diseases and conditions affecting oral health. This includes dental equipment such as dental lasers, laboratory equipment, hygiene maintenance devices, and other dental devices.

Additional information:
Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Key players in the market include 3M, Dentsply Sirona, and Align Technology. Further information on the key players can be found in the Market Shares boxes.

Dental surgical devices
Implants such as dental prosthetics

Dental drugs
Dental supplements

The Dental Devices Market in Bangladesh is experiencing moderate growth, influenced by factors such as increasing dental health awareness, advancements in technology, and the expansion of dental care services, which collectively enhance access and affordability for consumers.

Customer preferences: In Bangladesh, there is a notable shift towards preventive dental care, as consumers increasingly prioritize oral health to enhance overall well-being. This trend is fueled by rising disposable incomes and a growing middle class, which seek advanced dental devices for both aesthetic and functional purposes. Additionally, the influence of social media is driving demand for cosmetic dental procedures, reflecting changing beauty standards. Furthermore, younger demographics are more inclined to adopt digital tools for dental appointments and consultations, enhancing accessibility and convenience in dental care.

Trends in the market: In Bangladesh, the Dental Devices Market is experiencing a surge in demand for advanced dental technologies, driven by a growing awareness of oral health and preventive care. As consumer preferences shift towards aesthetic improvements, there is an increasing adoption of cosmetic dental devices, such as whitening systems and aligners. Meanwhile, digital innovations like teledentistry are enhancing patient access to consultations, making dental care more convenient. This trend is significant for industry stakeholders, as it presents opportunities for investment in technology and expanded service offerings, ultimately leading to improved patient outcomes and satisfaction.

Local special circumstances: In Bangladesh, the Dental Devices Market is influenced by a combination of cultural attitudes toward oral health and the growing urban population. Traditional beliefs often prioritize basic dental care, but a rising middle class is increasingly drawn to modern cosmetic treatments. Geographically, urban centers like Dhaka are witnessing a surge in dental clinics offering advanced technologies, while rural areas still face access challenges. Regulatory support for dental innovation is also emerging, encouraging local and foreign investments that enhance service offerings and improve overall dental care accessibility.

Underlying macroeconomic factors: The Dental Devices Market in Bangladesh is shaped by various macroeconomic factors, including the overall health of the national economy and global economic trends. As the country's GDP continues to grow, rising disposable incomes enable consumers to invest more in oral healthcare. Fiscal policies promoting healthcare spending and foreign investments are further bolstering the market. Additionally, the increasing focus on preventive dental care, influenced by global health trends, is prompting local manufacturers and international players to enhance their offerings. This combination of economic growth, supportive policies, and changing consumer preferences is driving the demand for advanced dental devices across urban and rural areas.

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

Medical technology plays a role in the lives of everyone. It includes most of all, medical devices which simplify the prevention, diagnosis, and treatment of diseases and illnesses. The most well-known medical technology products are, among others, pacemakers, imaging instruments, dialysis machines, and implants. The global medical technology industry was worth over 567 billion U.S. dollars annually. Established centers of this industry include North America and Western Europe. The United States is home to the world’s largest medical technology companies. As of 2022, Abbott Laboratories had the largest global revenue at over 31.2 billion U.S. dollars. The main focus of devices manufactured by the Chicago-based company are diagnostics, cardiovascular, and diabetes care. Two other medtech companies that round off the top three largest companies –Medtronic and Johnson & Johnson – are both based in the United States. Although, industry trends show that Asia, and in particular China, is about to play a more prominent role in the years to come.