Market Insights Health Medical Technology Medical Devices

Dental Devices - New Zealand

New Zealand

The Dental Devices market market in New Zealand is forecasted to achieve a revenue of US$34.75m NZ by 2024.
This represents a significant growth potential for the country's dental industry.
Moreover, it is expected that the market will continue to expand at a compound annual growth rate (CAGR) of 8.64% from 2024 to 2029, resulting in a market volume of US$52.58m NZ by the end of the forecast period.
When compared to the global market, it is worth noting that the United States is projected to generate the highest revenue in the Dental Devices market sector, amounting to US$7,403.00m in 2024.
This highlights the dominance of the US market in terms of revenue generation within the dental industry on a global scale.
In New Zealand, there has been a growing demand for advanced dental devices that cater to the specialized needs of the indigenous Maori population.

Key regions: Germany, Europe, Japan, Spain, Netherlands

Market

Region

Region comparison

Currency

Methodology

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.