Market Insights Health Medical Technology Medical Devices

Dental Devices - India

India

The Dental Devices market market in India is expected to witness significant growth in the coming years.
By 2024, the projected revenue is estimated to reach US$4.72m.
This indicates a promising market potential for Dental Devices market in the country.
Furthermore, the market is anticipated to experience a steady annual growth rate (CAGR 2024-2028) of 10.24%.
As a result, the market volume is projected to reach US$6.97m by 2028.
When compared to the global market, it is noteworthy that the United States is expected to generate the highest revenue in the Dental Devices market market.
In 2024, the United States' revenue is forecasted to reach a remarkable US$7,647.00m.
This demonstrates the dominance of the United States in the global Dental Devices market.
Overall, the Dental Devices market market in India showcases promising growth prospects, with significant revenue projections in the coming years.
India's dental device market is experiencing rapid growth due to the country's increasing focus on oral healthcare.

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

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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.