Dental Devices - New Zealand | Statista Market Forecast

In New Zealand, revenue in the Dental Devices market market is projected to reach US$34.75m in 2024.
This revenue is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 8.64%, leading to a market volume of US$52.58m by 2029.
In a global context, the majority of revenue will be generated the United States, with figures reaching US$7.40bn in 2024.
New Zealand's dental devices market is increasingly embracing digital technologies, enhancing patient care and streamlining workflows in dental practices nationwide.

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 New Zealand is experiencing moderate growth, influenced by factors such as an aging population, increased focus on oral health, and advancements in dental technology, which collectively enhance treatment options and accessibility for patients.

Customer preferences: In New Zealand, there is a noticeable shift in consumer preferences within the Dental Devices Market, reflecting a growing awareness of oral health's importance. Patients are increasingly opting for innovative dental solutions, such as clear aligners and digital impressions, which offer enhanced comfort and aesthetics. Additionally, the rise of eco-consciousness is prompting consumers to favor sustainable dental products. Demographic shifts, including a younger, more health-conscious population, are driving demand for preventive care technologies, aligning with evolving lifestyle factors that prioritize holistic well-being.

Trends in the market: In New Zealand, the Dental Devices Market is experiencing a surge in the adoption of advanced technologies, particularly with the increasing popularity of teledentistry services that enable remote consultations and follow-ups. Patients are gravitating towards 3D-printed dental solutions, which provide customized treatments with improved precision. Additionally, the integration of artificial intelligence in diagnostics is reshaping patient care pathways. These trends signify a paradigm shift toward more accessible, efficient, and patient-centered dental care, presenting significant opportunities for manufacturers and healthcare providers to innovate and enhance service delivery.

Local special circumstances: In New Zealand, the Dental Devices Market is influenced by its unique geographical landscape, which features remote communities that often face challenges accessing dental care. This has fueled the growth of teledentistry, allowing practitioners to reach patients in isolated areas. Culturally, there is a strong emphasis on preventive care and holistic health, driving demand for innovative dental solutions. Furthermore, the country’s stringent regulatory framework ensures high standards for dental devices, fostering trust and safety in new technologies. These factors collectively enhance the market's evolution toward more inclusive and technologically advanced dental care solutions.

Underlying macroeconomic factors: The Dental Devices Market in New Zealand is shaped by several macroeconomic factors, including national economic health, demographic trends, and fiscal policies. A stable economy with low unemployment rates promotes consumer spending on dental care, enhancing market demand for advanced dental devices. Moreover, government initiatives aimed at improving healthcare access, particularly in rural areas, support the growth of innovative solutions like teledentistry. Global economic trends, such as the increasing investment in healthcare technologies and rising awareness of oral health, further drive the market. Additionally, a focus on preventive care aligns with broader health policies, reinforcing the demand for effective dental devices.

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.