Spain Dental Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Spain Dental Devices Market is expected to register a CAGR of nearly 6.69% over the forecast period.
The COVID-19 outbreak has exerted severe global implications, and its impact in various regions is complex and variable. The high risk of cross-infection posed a great challenge to the dental devices market and dental practice. Routine dental care was largely unavailable during the pandemic, as many dental practices were forced to close as they were deemed elective procedures. For instance, in April 2022 an article titled, “A retrospective study on the effect of the COVID-19 pandemic on dental treatments in adults” reported that in the capital of Spain, the Fundación Clínica Universitaria of the Rey Juan Carlos University (FU-URJC) that due to the COVID-19 pandemic, only treatments associated with dental emergencies were performed. Routine care in dental clinics was suspended during the first wave of the pandemic in the region. The dental equipment, indeed, is at high risk of contagion due to exposure to saliva, blood, and aerosol/droplet production during most dental procedures. Spain’s dental devices market faced certain challenges during the initial phase of the pandemic, but the market came back to normal after a few months when the services around the world came back to normal.
The factors that are driving the market are the increasing burden of oral diseases and aging population and technological advancements in dentistry. The Spain region witnesses an increasing population of geriatric population since this population is highly prevalent in dental surgeries and other dental practices, thereby driving the dental devices market in the region. In 2021 World Bank Staff estimated that 9,616,236 population in Spain aged 65 and above, this number got increased by 18.7% over the decade. Also, a few studies also reported that high incidence of diabetes cases in the region was also associated with high incidence of tooth decay. For instance, in 2021 an article titled, “Association between Diabetes and Dental Caries in Spanish Adults: A Cross-Sectional Study Including 23,089 Adults” reported that the prevalence of dental caries was 20.6%. The study also reported that diabetics were 1.30 times more likely to have dental caries compared with their counterparts without diabetes. Thus, the high incidence of geriatric population and chronic disease conditions like diabetes is causing increasing tooth decay thereby driving the studied market in the region.
Also, technological advancements in dentistry are driving the market. For instance, in 2021 an article titled, “Dentistry 4.0 technologies applications for dentistry during COVID-19 pandemic” reported that dentistry 4.0 is advancing on its way with the use of advanced technologies in dentistry. Dentistry 4.0 provides innovative problem-solving with new manufacturing opportunities and automation, data exchange, and various advanced technologies. It uses the Internet of Dental Things (IoT) to connect various dentistry tools and devices. Industries produce high-quality dentistry customized products with real-time intelligence under Dentistry 4.0 technologies.
Thus, due to the aforesaid mentioned reasons, the market is expected to show significant growth over the forecast period. However, the increasing cost of surgeries may slow down the market growth over the forecast period.
Key Market TrendsProsthodontic Equipment is Expected to Witness a Significant Growth Over a Forecast PeriodThe field of prosthodontics relates to all dental procedures that involve repairing or replacing teeth with prosthetics. This includes things like dental crowns & bridges, dentures, and even dental implants. A dental crown covers the damaged tooth and restores its shape, size, and strength, and improves its overall appearance. A dental bridge is used to fill the gap created by one or more missing teeth. A bridge includes two or more crowns for the teeth present on either side of the gap. After examination of the teeth, the dentist takes an impression of the tooth, to provide an exact mold for the crown or bridge. The crown or bridge can be manufactured manually or with the help of computer-aided design and computer-aided manufacturing (CAD/CAM) technology. The crowns are a fusion of all-ceramic and metal-alloy crowns. The advantages of this technology are its greater strength and durability.
In the treatment segment of the market, prosthodontic equipment is anticipated to have the largest market share, during the forecast period. As prosthodontic dentistry has numerous counts of tools that are used for dental corrections, there is a wide application of prosthodontic equipment. There is an increasing demand for dental prostheses in Spain, due to the rising number of people getting older. Another factor that is augmenting the growth of prosthodontic equipment is increasing the attention given to the appearance, of people, making them compulsive to go for prostheses in case of dental issues that require one. Also, the clinical success rate of this device is driving the market. For instance, in July 2022, an article titled, “Long-Term Treatment Outcomes of Implant Prostheses in Partially and Edentulous Patients” reported that a present long-term, follow-up, clinical study, concluded that the use of dental implants to support different types of prosthetic restorations results in successful treatment regarding implant and prosthetic survival rates in Spain.
Thus, owing to the aforementioned factors, the prosthodontic segment of the dental equipment market is expected to grow.
Competitive LandscapeSpain's dental devices market is fragmented in nature due to the presence of several companies operating in the market. The competitive landscape includes an analysis of a few international as well as local companies which hold the significant market share and are well known in the Spain market such as 3M, Straumann Holding AG, Dentsply Sirona, Zimmer Biomet, Henry Schein Inc., NobelBiocare, Carestream Health, BioHorizons Implant Systems, and Terrats Medical SL.
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