Dental Devices - Southeast Asia | Statista Market Forecast

Revenue in the Dental Devices market market in Southeast Asia is projected to reach US$139.90m in 2024.
Revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 10.27%, culminating in a market volume of US$228.00m by 2029.
In a global context, the highest revenue will be generated the United States, with a projection of US$7.40bn in 2024.
The dental devices market in Southeast Asia is experiencing significant growth, driven by increasing oral health awareness and rising demand for cosmetic dentistry services.

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 Southeast Asia is witnessing considerable growth, fueled by rising oral health awareness, increasing disposable incomes, and advancements in dental technology, along with a growing demand for cosmetic dentistry and improved healthcare infrastructure.

Customer preferences: Consumers in Southeast Asia are increasingly prioritizing oral aesthetics and functionality, leading to a rise in demand for advanced dental devices. This trend is influenced by a growing middle class that values cosmetic enhancements, alongside a heightened awareness of oral health’s impact on overall well-being. Moreover, the integration of technology in dental care, such as teledentistry and digital imaging, aligns with the region's embrace of modern healthcare solutions, reflecting both cultural shifts and evolving lifestyle preferences.

Trends in the market: In Southeast Asia, the Dental Devices Market is experiencing significant growth driven by rising consumer demand for aesthetic and functional oral solutions. The expanding middle class is increasingly investing in cosmetic dentistry and orthodontics, emphasizing the importance of oral health in overall wellness. Additionally, the adoption of innovative technologies, such as 3D printing and AI-assisted diagnostics, is transforming traditional dental practices. These trends are crucial for industry stakeholders, as they present opportunities for product development, enhanced patient engagement, and improved treatment outcomes, ultimately shaping a more competitive landscape in the medical technology sector.

Local special circumstances: In Southeast Asia, the Dental Devices Market is thriving, influenced by diverse cultural attitudes toward oral health and a strong emphasis on aesthetics. Countries like Thailand and Malaysia are seeing a surge in dental tourism, attracting international patients seeking high-quality, affordable dental care. Additionally, varying regulatory frameworks across the region affect the approval and adoption of new technologies, creating both challenges and opportunities for local manufacturers. Furthermore, the rise of social media has heightened awareness of cosmetic dentistry, further driving demand for advanced dental solutions.

Underlying macroeconomic factors: The Dental Devices Market in Southeast Asia is significantly influenced by macroeconomic factors including rising disposable incomes, urbanization, and an increasing focus on healthcare spending. As national economies strengthen, consumers are more willing to invest in oral health, driving demand for advanced dental devices. Additionally, varying levels of government support for healthcare initiatives and regulatory frameworks impact market dynamics; countries with supportive policies are more conducive to innovation and adoption of new technologies. Global trends in dental tourism also play a pivotal role, as patients seek high-quality services abroad, further stimulating market growth in the region.

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.