Market Insights Health Medical Technology Medical Devices

Dental Devices - China

China

The projected revenue of the Dental Devices market market in China is expected to reach US$4.67bn by 2024.
This indicates a positive trend in the market's growth.
Furthermore, it is anticipated that the market will continue to expand at a compound annual growth rate (CAGR) of 9.89% between 2024 and 2028.
As a result, the market volume is projected to reach US$6.81bn by 2028.
When considering the global context, it is noteworthy that the United States is expected to generate the highest revenue in the Dental Devices market market.
In 2024 alone, the United States is projected to generate US$7,647.00m in revenue.
This highlights the dominance of the United States in this market.
China is experiencing a surge in demand for dental devices due to its rapidly growing population and increasing awareness of oral health.

Key regions: China, France, Netherlands, United Kingdom, Europe

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Currency

Methodology

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.