Dental Devices - Ukraine | Statista Market Forecast

In Ukraine, revenue in the Dental Devices market market is projected to reach US$3.09m in 2024.
The revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 8.65%, which will result in a market volume of US$4.67m by 2029.
In a global context, the highest revenue generation will occur the United States, with an expected figure of US$7.40bn in 2024.
In Ukraine, the dental devices market is witnessing a shift towards advanced technologies, driven by increasing patient demand for innovative and efficient dental care solutions.

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 Ukraine is witnessing considerable growth, fueled by rising dental care awareness, advancements in technology, and increasing investments in healthcare infrastructure, which enhance accessibility and improve patient outcomes.

Customer preferences: In Ukraine, there is a noticeable shift towards preventive dental care, as consumers become more proactive about their oral health. This trend is accompanied by a growing preference for minimally invasive dental procedures, driven by advancements in dental technology and materials. Additionally, younger demographics, particularly millennials and Gen Z, are increasingly influenced by social media and aesthetics, resulting in higher demand for cosmetic dental solutions. The rise of tele-dentistry further reflects a desire for convenience and accessibility in dental care services, catering to busy lifestyles.

Trends in the market: In Ukraine, the Dental Devices Market is experiencing a notable shift towards digital solutions, with an increasing adoption of CAD/CAM technology in dental practices, enabling faster and more accurate restorations. Furthermore, 3D printing is gaining momentum, allowing for customized dental devices and reducing production costs. The emphasis on sustainability is also emerging, as eco-friendly materials and practices become more prioritized. These trends signify a transformation in patient care and operational efficiency, compelling industry stakeholders to innovate and adapt to meet evolving consumer preferences and enhance service delivery.

Local special circumstances: In Ukraine, the Dental Devices Market is shaped by a combination of historical healthcare practices and a growing interest in modern technology. The ongoing conflict has heightened the need for efficient and cost-effective dental solutions, prompting practitioners to adopt digital tools like CAD/CAM and 3D printing. Cultural attitudes towards oral health are shifting, leading to increased demand for aesthetic procedures. Additionally, regulatory reforms aimed at improving healthcare standards are fostering innovation, encouraging local manufacturers to invest in sustainable materials and practices that resonate with a more environmentally conscious consumer base.

Underlying macroeconomic factors: The Dental Devices Market in Ukraine is significantly influenced by macroeconomic factors such as the national economic stability, foreign investment trends, and healthcare funding policies. The ongoing conflict has strained the economy, leading to a focus on cost-effective dental solutions and the adoption of innovative technologies. Global trends towards minimally invasive procedures and aesthetic dentistry are also shaping local demand. Additionally, government initiatives aimed at strengthening healthcare infrastructure and improving dental care accessibility are fostering growth. As the economy recovers, increased consumer spending on dental services is expected to further drive the market for advanced dental devices.

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.