Dental Devices - Fiji | Statista Market Forecast

In Fiji, revenue in the Dental Devices market market is projected to reach US$348.40k in 2024.
It is anticipated that revenue will display an annual growth rate (CAGR 2024-2029) of 8.52%, leading to a market volume of US$524.20k by 2029.
When compared globally, the highest revenue will be generated the United States, amounting to US$7.40bn in 2024.
In Fiji, the increasing focus on oral health awareness is driving demand for advanced dental devices within the medical technology sector.

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 Fiji is witnessing considerable growth, fueled by factors such as increasing oral health awareness, advancements in dental technology, and a rise in demand for preventive care services, enhancing accessibility and patient outcomes.

Customer preferences: Consumers in Fiji are increasingly prioritizing aesthetic dental treatments, reflecting a shift towards enhanced oral aesthetics alongside health. This trend is influenced by rising disposable incomes and a growing social media presence, which promotes the visibility of bright, healthy smiles. Additionally, younger demographics are seeking out innovative dental solutions, such as aligners and teeth whitening products, as part of their self-care routines. The demand for eco-friendly dental devices is also emerging, driven by cultural values emphasizing sustainability and environmental responsibility.

Trends in the market: In Fiji, the Dental Devices Market is experiencing a notable shift towards aesthetic treatments, with consumers increasingly favoring cosmetic procedures that enhance oral aesthetics. This trend is propelled by rising disposable incomes and the influence of social media, which celebrates vibrant smiles. Younger demographics are particularly drawn to innovative solutions like aligners and teeth whitening products, integrating these into their self-care routines. Additionally, there is a growing demand for eco-friendly dental devices, reflecting cultural values focused on sustainability, which could shape product development and marketing strategies for industry stakeholders.

Local special circumstances: In Fiji, the Dental Devices Market is uniquely influenced by its geographical isolation and cultural emphasis on community health. The archipelago's limited access to specialized dental care has led to a surge in demand for mobile dental clinics and preventive care products. Additionally, traditional customs that prioritize oral health drive local acceptance of innovative dental solutions. Regulatory frameworks are gradually adapting to ensure safety and efficacy, fostering a conducive environment for the introduction of eco-friendly dental devices that resonate with the community's sustainability values.

Underlying macroeconomic factors: The Dental Devices Market in Fiji is significantly shaped by macroeconomic factors such as national economic stability, healthcare investment, and global trade dynamics. The country's economic health, particularly its GDP growth and disposable income levels, directly impacts consumer spending on dental care. Increased government focus on healthcare funding and infrastructure enhances access to dental services. Furthermore, global trends toward sustainable and eco-friendly products resonate with the local population, fostering demand for innovative dental solutions. The regulatory landscape is also evolving to support the introduction of advanced dental technologies, aligning with international best practices and improving market confidence.

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.