Germany Dental Equipment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Germany Dental Equipment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Germany dental equipment market is expected to register a CAGR of nearly 6.5% during the forecast period (2022-2027).

The current COVID-19 situation has decreased the number of visits to hospitals and clinics for dental purposes, leading to a decrease in the demand for dental equipment. For instance, as per the study published in June 2021, titled 'The impact of the COVID-19 pandemic on the dental-maxillofacial emergency service of a German university hospital in the year 2020', there was a noticeable decrease in emergency presentations to the dental, oral, and maxillofacial surgery emergency services at Mainz University Hospital during the partial lockdown period from November to December 2020 due to public restriction measures within the framework of the nationwide lockdown intervals, down to 39%. However, this is expected to be a temporary downfall, and the market is expected to resume growth shortly.

The rising incidence of dental infections and other periodontal diseases, the demand for dental care facilities, dental surgical procedures, and dental care staff, as well as technical improvements, all contribute to an increase in these conditions, are some of the major factors propelling the growth of this market. Moreover, due to the growing aging population, there has been an increase in the number of dental implants and oral surgeries being performed. According to the Germany Federal Statistical Office 2022 report, In Germany, there are roughly 83.2 million people. Of these, 16.2 million people are over 67, and by 2040, that figure is expected to rise to 21.4 million. In addition, oral cavities are being impacted by a decline in manual dexterity, an increase in co-morbidity, and medication use. Hence, dental care in aged care facilities is found to be poor and access to dental professionals is difficult. There are several other risk factors, such as smoking, poor oral hygiene, diabetes, medication, and hereditary conditions, which increase dental diseases.

A few population-based investigations in Germany show that the elderly have high rates of dental caries, which is one of the factors driving the development of the German dental equipment industry. The German dental equipment market is also being driven by other factors like rising demand for cosmetic dentistry, rising rates of tooth illnesses, and product innovation.

Moreover, in March 2021, the Berlin-based health tech company PlusDental announced a EUR 35 million funding round from international investors, which will be used to fund further expansion. Additionally, in May 2021, a new generation of dental biomaterials named the NOVAMag regeneration system was launched by botiss. The launch of the NOVAMag regeneration system provides an option for those dentists seeking a biomaterial that is mechanically strong yet completely resorbable and is replaced with bone over time. Such innovations are expected to boost the growth of the market over the forecast period.

On the other hand, factors, such as the availability of cheaper refurbished equipment and an increase in the cost of dental surgeries, are expected to ultimately lead to a slowdown in the growth of the German dental equipment market.

Key Market TrendsThe Periodontal Segment is Expected to Have a Significant Market Share during the Forecast Period

There is a vast application for periodontal equipment since periodontal dentistry offers a variety of tools used for tooth repairs. Due to the growing number of elderly persons, dental prosthesis are in higher demand in both emerging and developed countries. However, the COVID-19 pandemic has had a considerable impact on elective and prosthetic dental surgical treatments, and different disciplines have produced varied suggestions on how to handle this problem. Regulatory bodies have been forced to prioritize the urgency of their routine surgical procedures and, when feasible, consider non-surgical management options, avoiding all non-emergent procedures. However, this is only expected to be a temporary situation, as the market is expected to expand once the pandemic has passed.

Germany is one of the nations in Europe with the largest healthcare expenditure. As per deStatis (Statistisches Bundesamt) data on healthcare expenditure in Germany published in June 2022, Germany spent around EUR 441 billion in the healthcare sector. The expenditure accounted for 13.1% of the nation’s GDP. The Federal Statistical Office (Destatis) reported that this was an increase of EUR 16.3 billion, or 31.5%, compared with 2019. The increase in healthcare expenditure in the nation is expected to add to the country's market growth.

Competitive Landscape

The German Dental Equipment Market is fragmented and competitive with many small and medium players. Additionally, there is high competition in the market. The market has been experiencing the entry of new players over the last few years, owing to the rising popularity of dental simulation technology. Some of the market players are 3M ESPE, Biolase Inc., Carestream Health Inc., Danaher Corporation, Dentsply International Inc., GC Corporation, and Sirona Dental Systems Inc. among others.

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