Dental Devices - Papua New Guinea

Revenue in the Dental Devices market market in Papua New Guinea is projected to reach US$2.64m in 2024.
Revenue is expected to exhibit an annual growth rate (CAGR 2024-2029) of 7.20%, leading to a market volume of US$3.74m by 2029.
In a global context, the majority of revenue will be generated the United States, with a forecasted amount of US$7.40bn in 2024.
In Papua New Guinea, the growing awareness of oral health is driving increased demand for advanced dental devices within the medical technology sector.

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 Papua New Guinea is experiencing moderate growth, influenced by factors such as increasing oral health awareness, a rise in dental tourism, and the gradual adoption of advanced dental technologies among healthcare providers.

Customer preferences: In Papua New Guinea, there is a notable shift towards preventive dental care, with consumers increasingly prioritizing oral hygiene products and services that promote long-term health. This trend is driven by heightened awareness of the link between oral health and overall well-being, particularly among younger demographics. Additionally, cultural influences are fostering a growing interest in cosmetic dental procedures, as aesthetics become more valued. The rise in dental tourism is also encouraging local providers to adopt innovative technologies, enhancing service quality and accessibility.

Trends in the market: In Papua New Guinea, the Dental Devices Market is experiencing a significant shift towards advanced dental technologies, with an increasing adoption of digital imaging and minimally invasive procedures. This trend is largely driven by the rising demand for high-quality dental care and enhanced patient experiences. Furthermore, the integration of tele-dentistry is facilitating remote consultations, which is particularly beneficial in rural areas. As cosmetic dentistry gains popularity, manufacturers are focusing on innovative devices that cater to aesthetic needs, creating new opportunities for industry stakeholders to expand their offerings and improve service delivery.

Local special circumstances: In Papua New Guinea, the Dental Devices Market is shaped by unique geographical and cultural factors that influence its dynamics. The country's diverse landscape and scattered rural population create challenges in accessing dental care, prompting a shift towards mobile and tele-dentistry solutions. Culturally, there is a growing emphasis on oral health as part of community well-being, driving demand for modern dental technologies. Regulatory frameworks are evolving to support these advancements, enabling local practitioners to adopt innovative devices that enhance care delivery and meet the aesthetic needs of patients.

Underlying macroeconomic factors: The Dental Devices Market in Papua New Guinea is influenced by several macroeconomic factors, including national economic stability, healthcare funding, and global economic trends. A steady national economy encourages investments in healthcare infrastructure, enabling the adoption of advanced dental technologies. Fiscal policies that prioritize health expenditures facilitate access to modern dental devices, while global trends such as increased health awareness and rising disposable incomes further stimulate demand. Additionally, the growing prevalence of oral health issues underscores the need for innovative solutions, driving practitioners to enhance their services and align with international standards in dental care.

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.