Dental Devices - Saudi Arabia | Statista Market Forecast

Revenue in the Dental Devices market market in Saudi Arabia is anticipated to reach US$95.55m in 2024.
The revenue is projected to exhibit an annual growth rate (CAGR 2024-2029) of 7.74%, leading to a market volume of US$138.70m by 2029.
In a global context, the highest revenue will be generated the United States, with a forecast of US$7.40bn in 2024.
The dental devices market in Saudi Arabia is increasingly influenced by government initiatives promoting advanced oral healthcare technologies and dental education programs.

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 Saudi Arabia is witnessing moderate growth, influenced by factors such as increasing oral health awareness, advancements in dental technology, and the rising demand for cosmetic dentistry, which collectively enhance market potential.

Customer preferences: In Saudi Arabia, there is a notable shift towards preventive dental care and aesthetic enhancements, driven by a younger population and heightened awareness of oral health. Consumers are increasingly interested in innovative dental treatments, such as clear aligners and 3D-printed dental solutions, reflecting a desire for personalized care. Additionally, the rise of social media influences cosmetic dentistry trends, as individuals seek to enhance their smiles for digital platforms, thereby expanding the market for advanced dental devices and treatments.

Trends in the market: In Saudi Arabia, the Dental Devices Market is experiencing a surge in demand for innovative solutions, such as clear aligners and 3D-printed dental products, driven by a young, tech-savvy population. This shift towards preventive care and aesthetic enhancements highlights a growing awareness of oral health, propelled by social media influences. As consumers prioritize personalized dental treatments, industry stakeholders, including manufacturers and dental professionals, must adapt to these trends by investing in advanced technologies and marketing strategies to meet evolving patient expectations and capture market opportunities.

Local special circumstances: In Saudi Arabia, the Dental Devices Market is influenced by a combination of cultural preferences and regulatory frameworks. The emphasis on oral aesthetics, fueled by social media trends, drives demand for advanced dental solutions like clear aligners and cosmetic procedures. Additionally, the government's Vision 2030 initiative promotes healthcare modernization, encouraging innovation in dental technologies. Geographically, urban centers like Riyadh and Jeddah showcase a burgeoning consumer base eager for personalized dental treatments, compelling stakeholders to align their offerings with local preferences and regulatory standards.

Underlying macroeconomic factors: The Dental Devices Market in Saudi Arabia is shaped by macroeconomic factors including national economic health, consumer spending power, and investment in healthcare infrastructure. The country's GDP growth, driven by oil revenues and diversification efforts under Vision 2030, enhances disposable income and encourages spending on dental care. Additionally, favorable fiscal policies and government incentives for healthcare innovation attract investments in advanced dental technologies. Global trends, such as the rising demand for cosmetic dentistry and increased awareness of oral health, further propel market growth, particularly in urban areas where consumers seek high-quality dental solutions.

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.