Dental Devices - GCC | Statista Market Forecast

Revenue in the Dental Devices market market in the Gulf Cooperation Council (in Gulf Cooperation Council (GCC)) is projected to reach US$196.10m in 2024.
Revenue is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 8.97%, leading to a market volume of US$301.30m by 2029.
In comparison on a global scale, the United States is expected to generate the highest revenue, amounting to US$7.40bn in 2024.
The GCC region is experiencing a significant shift towards advanced dental devices, driven by rising healthcare expenditure and a growing emphasis on aesthetic dentistry.

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 within the Medical Devices sector in the GCC is witnessing considerable growth, fueled by factors such as technological advancements, an increase in dental awareness, and rising disposable incomes leading to higher demand for oral care solutions.

Customer preferences: Consumers in the GCC are increasingly prioritizing oral health, leading to a rising demand for advanced dental devices that offer convenience and efficiency. The trend towards aesthetic dentistry, particularly among younger demographics, reflects a growing emphasis on cosmetic procedures and smile enhancements. Additionally, the digital transformation of dental practices, including the adoption of teledentistry and 3D printing technologies, caters to the tech-savvy population, enhancing patient experience and accessibility to dental care solutions.

Trends in the market: In the GCC, the Dental Devices Market is experiencing a surge in demand for advanced technologies, driven by a heightened focus on oral health among consumers. The growing interest in aesthetic dentistry, particularly among younger populations, underscores a shift towards cosmetic enhancements, increasing the need for innovative dental solutions. Furthermore, the integration of digital tools, such as teledentistry and 3D printing, is transforming dental practices, improving accessibility, and patient experience. These trends are significant for industry stakeholders, as they highlight opportunities for investment in technology-driven solutions and the necessity for practices to adapt to evolving consumer preferences.

Local special circumstances: In the GCC, the Dental Devices Market is shaped by a blend of cultural values and regulatory frameworks that differentiate it from other regions. The emphasis on oral health is influenced by traditional beliefs surrounding aesthetics and social status, prompting a demand for cosmetic dental procedures. Additionally, regulatory bodies are increasingly aligning with international standards, facilitating the introduction of innovative dental technologies. The region's diverse population, coupled with high disposable incomes, further drives the adoption of advanced dental solutions, making it a unique and dynamic market.

Underlying macroeconomic factors: The Dental Devices Market in the GCC is significantly influenced by macroeconomic factors including rising healthcare expenditure, population growth, and increasing awareness of oral health. The region’s economic diversification efforts, particularly in countries like the UAE and Saudi Arabia, are leading to substantial investments in healthcare infrastructure, which enhances access to advanced dental technologies. Furthermore, the growing emphasis on preventive care and cosmetic dentistry is supported by high disposable incomes and a youthful population. Global economic trends, such as the rising demand for minimally invasive procedures, are also shaping market dynamics, encouraging innovation and adaptation within local dental practices.

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.