Dental Devices - Gambia | Statista Market Forecast

Revenue in the Dental Devices market market in Gambia is anticipated to attain US$3.05k in 2024.
It is expected that revenue will demonstrate an annual growth rate (CAGR 2024-2029) of 8.71%, culminating in a market volume of US$4.63k by 2029.
In a global context, the majority of revenue will be produced the United States, with a projected figure of US$7.40bn in 2024.
The Gambia's dental devices market is experiencing a gradual shift towards digital solutions, reflecting a growing demand for advanced dental technologies and improved patient care.

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 Gambia is witnessing considerable growth, fueled by factors such as increased oral health awareness, enhanced accessibility to dental care, and advancements in dental technology, which together improve patient outcomes and satisfaction.

Customer preferences: Consumers in Gambia are increasingly prioritizing preventive dental care, leading to a growing demand for innovative dental devices that promote oral hygiene and early detection of dental issues. Additionally, the rise of social media and health awareness campaigns is influencing younger demographics to invest in aesthetic dental treatments, such as teeth whitening and orthodontics. Furthermore, as disposable incomes rise, there is a noticeable shift towards seeking high-quality dental solutions, reflecting a broader trend of valuing health and wellness in personal lifestyle choices.

Trends in the market: In Gambia, the Dental Devices Market is experiencing a surge in demand for advanced oral health solutions, driven by a growing emphasis on preventive care and hygiene. The increasing penetration of social media and health campaigns is particularly motivating younger consumers to seek aesthetic treatments, such as teeth whitening and orthodontics. This trend signifies a cultural shift towards valuing oral health as a component of overall wellness. Industry stakeholders must adapt to these evolving preferences, investing in innovative products and marketing strategies that resonate with this health-conscious demographic.

Local special circumstances: In Gambia, the Dental Devices Market is influenced by a unique blend of cultural practices and socio-economic factors. The country's diverse population places significant value on traditional oral health practices, which coexist with modern dental solutions. Additionally, limited access to advanced dental care facilities drives demand for affordable and accessible dental devices. Regulatory frameworks are evolving, encouraging local manufacturers to innovate and meet the needs of both urban and rural populations, fostering a market dynamic that prioritizes educational campaigns on oral hygiene and preventive care.

Underlying macroeconomic factors: The Dental Devices Market in Gambia is shaped by macroeconomic factors including national economic health, income levels, and healthcare expenditure. As the country experiences gradual economic development, increased disposable income allows more families to invest in dental care, driving demand for modern dental devices. Fiscal policies that prioritize healthcare funding enhance the availability of dental services, particularly in underserved regions. Additionally, global trends in dental technology innovation and affordability influence local market dynamics, prompting local manufacturers to adapt and create cost-effective solutions that resonate with the population's oral health needs.

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.