Market Insights Health Medical Technology Medical Devices

Dental Devices - Hungary

Hungary

The projected revenue in the Dental Devices market market in Hungary is estimated to reach US$33.27m in 2024.
This represents the expected financial performance specifically in in Hungary's dental industry.
Furthermore, it is anticipated that the revenue will exhibit an annual growth rate of 8.42% from 2024 to 2029, resulting in a market volume of US$49.84m by 2029.
This indicates the potential expansion of the dental market within Hungary over the specified time period.
In global comparison, the United States is expected to generate the highest revenue in the Dental Devices market market, amounting to US$7,403.00m in 2024.
This highlights the significant market dominance of the United States in the dental industry on a global scale.
Hungary's dental device market is experiencing a surge in demand for advanced implant technology due to the country's growing dental tourism industry.

Key regions: Germany, Europe, Japan, Spain, Netherlands

Market

Region

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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.