China Dental Market to Grow at double digit CAGR of 15.91% from 2021 - 2026
The current Dental Market in China is driven by the several benefits offered by Rise in Healthcare Expenditure on Preventive and Cosmetic Care
According to the latest report by Renub Research, titled “China Dental Market, Impact of COVID-19, Industry Trends, Growth, Opportunity Company Overview, Sales Analysis, Forecast” the China Dental Market will reach US$ 17.7 Billion by 2026. For a long time, the oral disease has been one of the major problems of public health for its high prevalence and incidence throughout China, which is especially true for middle and low-income populations. According to the National Oral Health Epidemiological, 31.9% of 5-year-old children and 40% of 12-year-old children brush their teeth twice a day. 43.2% of both sections visit dentists for prevention of oral diseases, consultation and examination. Lastly, 36.1% of adults brush their teeth twice a day; these changes have a significant impact on China dental market.
As there is growth in living standards due to rise in disposable income, the need for dental services led to a burgeoning dental market in China. Mounting perception of the importance of oral hygiene, i.e. having the mouth and teeth clean; and can stop cavities, gingivitis (inflammation of the gums), and bad breath, is one of the major factors which helps to reach the China dental market to its new glory in the coming future. Besides, per capita expenditure on healthcare services is improving and demand for specialist dental hospitals in China is growing significantly. In 2021 as per Statista, there were around 535 hospitals specialized in dental treatments in the country's urban areas, whereas 154 dental hospitals remained in rural areas in China.
Public knowledge of oral hygiene has improved, giving the sector excellent growth potential in Shanghai, Beijing, and Guangzhou. Therefore, across different regions in China, the dental industry has been incorporated as an essential aspect of healthcare. The segment authorizes doctors to realize multi-site licenses and unrestricted licenses in the most accessible manner.
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China Dental Industry Segments & Sub-Segments Performance
Based on Segment, China dental industry include Preventive Dentistry, Dental Lasers, Implants (Titanium/Zirconium), Endonotics Dentistry, Orthodontic Dentistry, Others. Preventive dentistry is dental care that helps to maintain good oral health in China. It's a compound of regular dental check-ups along with developing good habits like flossing and brushing. Nowadays, laser dentistry is growing more popular in China. That's because lasers can be efficiently used to handle two of the most common oral ailments: gum disease and tooth decay. Many dentists have laser tools in their facilities like traditional tools or their laser equivalents.
Sub-segment (Dental Equipment) includes Radiology, Laser, Systems & Parts, Laboratory Machines, Hygiene Maintenance Device, and Other Equipment. The demand for radiology systems in China dental healthcare has continued to witness an upsurge due to its feature. Dental radiographs alert dentists to changes in hard and soft tissues. Radiographs enable the dentist to see how their teeth and jawbones are growing. Radiology equipment includes:
• Intraoral x-ray systems.
• Extraoral x-ray systems.
• Cone-beam computed tomography imaging.
• Intraoral plate scanners.
Furthermore, the dental laboratories primarily engage in the manufacturing and customization of various products that provide oral health care by a licensed dentist in China. These products comprise crowns, bridges, and dentures. The prime role of a dental laboratory in restorative dentistry is to copy all of the functional and esthetic parameters of the tooth, which the licensed dentist defines as a vital solution in China.
COVID-19 Pandemic Impact on Chinese Dental Market Size:
COVID-19 pandemic had a destructive impact on China dental industry. During the lockdown dental clinics were closed down. Wages and clinic rentals have to be accounted for every month despite no revenues, causing a substantial socio-economic impact. Dental doctors carried out dental procedures only in emergencies; else, they postponed the operations. This reduced the demand for dental burs and endodontic products. Moreover, manufacturing activities of dental products faced hindrances due to lockdown imposed in China. In addition, there was a shortage of raw materials and disruptions in the supply chain.
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The China dental market has numerous players such as Sirona Dental Systems Foshan Co, Danaher, 3M Co, and Straumann, focusing on maintaining their presence. These companies continuously develop dental equipment products and widen their distribution channels across China to establish their footprints. For instance, in 2019, Danaher established Envista Holdings, which was made up of KaVo Kerr, Nobel Biocare Systems, and Ormco – three operating companies within Danaher's Dental segment.
Segments - Our Report covered by segments China Dental Market have been covered from 6 viewpoints (Preventive Dentistry, Dental Lasers, Implants (Titanium/Zirconium), Endonotics Dentistry, Orthodontic Dentistry, Others)
Sub-Segments (Dental Equipment) - This Report covered by Sub-Segments (Dental Equipment) China Dental Market have been covered from 6 viewpoints (Radiology, Laser, Systems & Parts, Laboratory Machines, Hygiene Maintenance Device, Other Equipment)
Region - Renub Research Report covered by Region China Dental Market have been covered from 4 viewpoints (Beijing, Shanghai, Guangzhou, Others)
All the leading players have been covered from 3 Viewpoints (Overview, Recent Developments and Revenue) Sirona Dental Systems Foshan Co, Danaher, 3M Co and Straumann
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