Market Insights Health Medical Technology Medical Devices

Dental Devices - Portugal

Portugal

Revenue in the Dental Devices market market in Portugal is anticipated to attain US$55.55m in 2024.
It is forecasted that revenue will exhibit an annual growth rate (CAGR 2024-2029) of 9.10%, culminating in a market volume of US$85.88m by 2029.
In a global context, the majority of revenue will be produced the United States, with an expected figure of US$7,403.00m in 2024.
In Portugal, the dental devices market is increasingly influenced by a growing emphasis on preventive care and advanced digital technologies in oral health.

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

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Analyst Opinion

The Dental Devices Market in Portugal is witnessing considerable growth, fueled by factors like advancing dental technology, increasing oral health awareness, and a rise in preventive care practices among consumers, enhancing access to innovative dental solutions.

Customer preferences: Consumers in Portugal are increasingly prioritizing aesthetic dentistry and preventive care, reflecting a cultural shift towards valuing personal appearance and oral health. This trend is evident in the rising demand for cosmetic dental devices, such as teeth aligners and whitening kits. Moreover, younger demographics, influenced by social media, are driving interest in innovative dental technologies that offer convenience and quick results. Additionally, there's a growing preference for eco-friendly dental products, aligning with Portugal's commitment to sustainability and health-conscious living.

Trends in the market: In Portugal, the Dental Devices Market is experiencing a notable shift towards aesthetic and preventive dentistry, driven by an increasing consumer focus on personal appearance and oral health. This trend is characterized by a surge in demand for cosmetic dental devices, such as clear aligners and at-home whitening kits, particularly among younger individuals influenced by social media. Furthermore, the emphasis on sustainability is prompting consumers to seek eco-friendly dental products. These trends present significant opportunities for industry stakeholders, including manufacturers and dental professionals, to innovate and adapt their offerings to meet evolving consumer preferences.

Local special circumstances: In Portugal, the Dental Devices Market is shaped by a combination of cultural values prioritizing aesthetics and a robust healthcare system that emphasizes preventive care. The country's rich cultural heritage fosters a strong emphasis on personal grooming and health, driving demand for aesthetic dental solutions. Additionally, Portugal’s regulatory environment encourages innovation while ensuring product safety, which boosts consumer confidence. As dental professionals increasingly adopt digital technologies, such as teledentistry, the market is set to evolve, catering to a tech-savvy population eager for accessible dental care solutions.

Underlying macroeconomic factors: The Dental Devices Market in Portugal is significantly influenced by macroeconomic factors, including national economic stability, healthcare expenditure, and demographic trends. A strong economy promotes consumer spending on dental aesthetics and advanced treatments, while increased government investment in healthcare supports innovation in dental technologies. Furthermore, Portugal’s aging population is driving demand for restorative dental solutions, alongside a growing awareness of oral health. Global trends, such as the rise of minimally invasive procedures and digital dentistry, also shape the market, encouraging local practitioners to adopt cutting-edge devices that enhance patient care and streamline operations.

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.