Dental Devices - Ireland | Statista Market Forecast

Revenue in the Dental Devices market market in Ireland is projected to reach US$39.36m in 2024.
Revenue in Ireland is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 7.76%, which will lead to a market volume of US$57.21m by 2029.
In a global context, the majority of revenue will be generated the United States, with figures reaching US$7.40bn in 2024.
In Ireland, the dental devices market is witnessing a surge in demand driven by increasing oral health awareness and advancements in digital dentistry technologies.

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 Ireland is witnessing moderate growth, influenced by factors such as increasing dental health awareness, advancements in technology, and the rising demand for cosmetic dental procedures among consumers seeking improved oral health solutions.

Customer preferences: Consumers in Ireland are increasingly prioritizing personalized dental care, driving demand for custom dental devices like aligners and implants tailored to individual needs. Additionally, younger demographics are embracing aesthetic dentistry, leading to a rise in procedures such as teeth whitening and veneers. The growing trend towards eco-friendly practices is also influencing purchasing decisions, with consumers favoring sustainable dental products. Furthermore, the integration of digital technologies in dental services is enhancing patient experiences and satisfaction.

Trends in the market: In Ireland, the Dental Devices Market is experiencing a significant shift towards personalized dental care, with an increasing number of consumers seeking custom solutions like aligners and implants that cater to individual preferences. This trend is particularly pronounced among younger demographics, who are more inclined to pursue aesthetic dentistry options such as teeth whitening and veneers. Additionally, there is a notable rise in demand for sustainable dental products, reflecting a broader consumer preference for eco-friendly practices. The integration of digital technologies, including 3D printing and tele-dentistry, is further enhancing patient experiences, signaling important implications for manufacturers and dental practitioners who must adapt to these evolving consumer expectations.

Local special circumstances: In Ireland, the Dental Devices Market is shaped by a unique blend of cultural values and regulatory frameworks. The Irish population places a high emphasis on oral health and aesthetics, leading to increased demand for innovative solutions like clear aligners and cosmetic procedures. Additionally, stringent regulations from the Health Products Regulatory Authority (HPRA) ensure high safety standards, which fosters consumer trust in dental products. The country's strong focus on sustainability also drives interest in eco-friendly dental solutions, aligning with global trends while catering to local preferences.

Underlying macroeconomic factors: The Dental Devices Market in Ireland is significantly influenced by macroeconomic factors such as overall economic stability, consumer spending patterns, and healthcare investment. A strong national economy fosters higher disposable incomes, enabling consumers to prioritize dental aesthetics and advanced treatments. Additionally, government fiscal policies aimed at enhancing healthcare accessibility have led to increased funding for dental services, driving market growth. Global trends toward preventive care and technological innovation also play a role, as they encourage the adoption of modern dental devices. The interplay of these factors ensures a dynamic and responsive market environment, aligning with consumer expectations and health priorities.

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.