Market Forecast By Product Type (Diagnostic Dental Equipment, Therapeutic Dental Equipment, General Equipment), By End-users (Hospitals and Clinics, Dental Laboratories, Other ) And Competitive Landscape
Product Code: ETC015044 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Dental Equipment market currently, in 2023, has witnessed an HHI of 1182, Which has decreased slightly as compared to the HHI of 1478 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India Dental Equipment Market Report thoroughly covers the market by product type and end-users. The India Dental Equipment Market Outlook report provides an unbiased and detailed analysis of the ongoing India Dental Equipment Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The India dental equipment market is growing at a fast pace, driven by factors like improved healthcare infrastructure, rising disposable incomes, and growing awareness about oral health. The key players in the market are investing heavily in R&D to develop more advanced technologies for the dental field. The government is also taking initiatives to improve oral healthcare services in India.
According to 6Wresearch, the India Dental Equipment Market size is anticipated to rise at a CAGR of 7.4% during 2024-2030. One of the major drivers for the dental equipment market in India is the improved healthcare infrastructure. The Indian government has undertaken several initiatives to improve healthcare services in the country, especially in rural areas. As a result, investors and manufacturers are entering the Indian market, buoyed by the country’s large and highly untapped population. With the rise in disposable incomes and an increasing awareness of oral health care, the demand for dental equipment is expected to rise even further, which will boost the India Dental Equipment Market growth.
In India, dental care is often neglected, and oral hygiene is not taken as seriously as it should be. This lack of awareness and inadequate dental care can be attributed to a lack of education and infrastructure. The high cost of dental equipment also poses a significant challenge to the growth of the market. However, with innovations in technology and government initiatives in place, the market is expected to overcome these challenges in the upcoming years.
The India dental equipment market includes both local and international players. The major players in the market include 3M, A-dec Inc, Danaher Corporation, Dentsply Sirona Inc, and Planmeca Group. Most of these companies are investing heavily in R&D to develop more advanced technologies for dental care. Additionally, there has been a growing trend towards mergers and acquisitions in the market as companies look to expand their market share.
To further drive the growth of the dental equipment market in India, the government has launched several initiatives to improve oral healthcare services in the country. In 2016, the government launched the National Oral Health Program (NOHP), aimed at providing comprehensive oral healthcare services across the country. To implement this program, the government has allocated funds to provide dental clinics and dental equipment to remote areas. The Indian government is also encouraging private investment in the dental industry, offering tax incentives and other benefits.
The future of the India Dental Equipment Market looks promising, and it is expected to grow significantly in the coming years. Factors like rising demand, changing lifestyles and awareness, technological advancements, growing dental tourism, and government initiatives, are all expected to contribute to the growth of the market. Dental equipment manufacturers in India need to keep up with these trends and invest in innovation to stay ahead in the game.
According to Ravi Bhandari, Research Head, 6Wresearch, the diagnostic dental equipment segment is expected to grow at the fastest rate due to the increasing awareness of dental ailments and the government's initiatives for the early detection of dental diseases. The players in the industry are also introducing advanced products to cater to the growing demand, which is making dental treatments accessible and affordable to the masses.
The hospitals and clinics segment is the largest contributor to the India dental equipment market. An increase in the number of dental clinics, particularly in urban areas, has led to a surge in demand for dental equipment such as chairs, lights, and imaging systems.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Dental Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Dental Equipment Market Revenues & Volume, 2020 & 2030F |
3.3 India Dental Equipment Market - Industry Life Cycle |
3.4 India Dental Equipment Market - Porter's Five Forces |
3.5 India Dental Equipment Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Dental Equipment Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 India Dental Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Dental Equipment Market Trends |
6 India Dental Equipment Market, By Types |
6.1 India Dental Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Dental Equipment Market Revenues & Volume, By Product Type, 2020 - 2030F |
6.1.3 India Dental Equipment Market Revenues & Volume, By Diagnostic Dental Equipment, 2020 - 2030F |
6.1.4 India Dental Equipment Market Revenues & Volume, By Therapeutic Dental Equipment, 2020 - 2030F |
6.1.5 India Dental Equipment Market Revenues & Volume, By General Equipment, 2020 - 2030F |
6.2 India Dental Equipment Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 India Dental Equipment Market Revenues & Volume, By Hospitals and Clinics, 2020 - 2030F |
6.2.3 India Dental Equipment Market Revenues & Volume, By Dental Laboratories, 2020 - 2030F |
6.2.4 India Dental Equipment Market Revenues & Volume, By Other , 2020 - 2030F |
7 India Dental Equipment Market Import-Export Trade Statistics |
7.1 India Dental Equipment Market Export to Major Countries |
7.2 India Dental Equipment Market Imports from Major Countries |
8 India Dental Equipment Market Key Performance Indicators |
9 India Dental Equipment Market - Opportunity Assessment |
9.1 India Dental Equipment Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Dental Equipment Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 India Dental Equipment Market - Competitive Landscape |
10.1 India Dental Equipment Market Revenue Share, By Companies, 2023 |
10.2 India Dental Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |