Market Insights Health Medical Technology Medical Devices

Dental Devices - South Africa

South Africa

The Dental Devices market market in South Africa is expected to achieve a significant revenue of US$135.30m in 2024.
This projection indicates a positive growth trend, with an estimated annual growth rate of 7.68% from 2024 to 2028.
By 2028, the market volume is anticipated to reach US$181.90m.
When compared globally, it is worth noting that the United States will generate the highest revenue in the Dental Devices market market, with a staggering amount of US$7,647.00m projected for 2024.
South Africa's dental device market is experiencing a surge in demand due to an increase in dental tourism.

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

Market

Region

Region comparison

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.