According to Triton's research report, the Asia-Pacific dental sterilization market is projected to grow at a CAGR of 6.86% from 2023 to 2030. The report evaluates key regional countries, such as China, Japan, India, South Korea, Australia & New Zealand, ASEAN countries, and the Rest of Asia-Pacific.
In India, the rapidly growing economy, vast population, and high prevalence of dental diseases create a substantial demand for dental procedures and devices. In this regard, dental caries, periodontal disease, and oral cancer affect a significant portion of the Indian population, with alarming statistics reported by the Ministry of Health and Family Welfare. Furthermore, the Indian government's plans to boost the manufacturing sector create prospects for medical companies to set up production units. Such developments contribute to the expansion of the dental sterilization market.
China's dental sterilization market is driven by its high economic and population base. With a notable commitment to healthcare, evidenced by 5.35% of the GDP allocated in 2019 and a substantial number of certified dentists, China showcases a strong demand for dental services. Guangdong's manufacturing capabilities, responsible for over 40% of China's dental equipment, further contribute to the country's attractiveness. Therefore, as stated above, these factors widen the scope of dental sterilization equipment.
COMPETITIVE OUTLOOK
The renowned companies in the dental sterilization market consist of Dentsply Sirona Inc, Envista Holdings Corporation, Durr Dental, W&H Group, and A-Dec.