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Dental Devices - Egypt

Egypt
  • Revenue in the Dental Devices market market in Egypt is anticipated to attain US$24.93m in 2024.
  • This revenue is forecasted to exhibit an annual growth rate (CAGR 2024-2029) of 12.17%, leading to a market volume of US$44.28m by 2029.
  • In a global context, the majority of revenue will be produced the United States, estimated at US$7.40bn in 2024.
  • Egypt's dental devices market is experiencing significant growth, driven by increasing awareness of oral health and advancements in dental technology among the population.

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.

In-Scope

  • Dental surgical devices
  • Implants such as dental prosthetics

Out-Of-Scope

  • Dental drugs
  • Dental supplements
Medical Devices: market data & analysis - Cover

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Medical Devices: market data & analysis

Study Details

    Revenue

    Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Analyst Opinion

    The Dental Devices Market in Egypt is experiencing mild growth, influenced by factors such as increasing dental awareness, rising disposable incomes, and the gradual adoption of advanced dental technologies among both practitioners and patients.

    Customer preferences:
    In Egypt, there is a noticeable shift towards preventive dental care, with consumers increasingly prioritizing oral health education and regular check-ups. This trend is fueled by a growing awareness of the long-term benefits of dental hygiene, particularly among younger demographics. Additionally, social media influences have led to heightened interest in cosmetic dental procedures, driving demand for advanced aesthetic devices. Furthermore, urbanization and rising disposable incomes are encouraging consumers to invest in quality dental care, enhancing their overall lifestyle and well-being.

    Trends in the market:
    In Egypt, the Dental Devices Market is experiencing a surge in demand for innovative dental technologies, driven by an increasing focus on preventive care and early intervention. Consumers are prioritizing regular check-ups and professional cleanings, which is encouraging the adoption of advanced diagnostic tools and imaging devices. Moreover, the aesthetic dentistry segment is expanding, with more individuals seeking cosmetic treatments influenced by social media trends. This shift signifies a growing appreciation for oral health, prompting industry stakeholders to invest in research and development, enhance product offerings, and cater to the evolving preferences of a more health-conscious population.

    Local special circumstances:
    In Egypt, the Dental Devices Market is influenced by a unique blend of cultural attitudes towards oral hygiene and regulatory frameworks that encourage modern practices. The rising middle class increasingly values dental aesthetics, fueled by social media and a growing emphasis on personal appearance. Additionally, local regulations are adapting to facilitate the introduction of advanced dental technologies, ensuring compliance with international standards. Geographic diversity also plays a role, as urban centers witness a higher demand for innovative dental solutions compared to rural areas, shaping market dynamics significantly.

    Underlying macroeconomic factors:
    The Dental Devices Market in Egypt is significantly shaped by macroeconomic factors such as economic stability, healthcare spending, and demographic trends. The country's economic growth, driven by reforms and investments in infrastructure, enhances consumer purchasing power, leading to increased spending on dental care. Furthermore, government policies promoting healthcare accessibility and modern dental practices are pivotal in facilitating market growth. Additionally, a young population, coupled with rising urbanization, contributes to the demand for advanced dental solutions, as individuals seek improved oral health and aesthetics, thereby influencing market performance positively.

    Global Comparison

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Methodology

    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.

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    Medical technology industry - statistics & facts

    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.
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