PUBLISHER: DataM Intelligence | PRODUCT CODE: 1606507
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1606507
Overview
The Japan dental equipment market reached US$ 606.9 million in 2023 and is expected to reach US$ 924.2 million by 2031, growing at a CAGR of 5.4 % during the forecast period 2024-2031.
Dental equipment comprises a specialized collection of instruments utilized by oral surgeons and dental specialists to conduct a variety of procedures involving the mouth, jaw, and face. These procedures encompass tooth extractions, implant placements, bone grafting, and corrective jaw surgeries. The range of dental instruments includes scalpels and blades designed for precise incisions in gum tissue and bone, available in various shapes and sizes to meet specific treatment needs.
Dental equipment includes permanent fixtures commonly found in dental offices, such as chairs, lights, x-ray and imaging machines, lasers, compressors, vacuums, handpieces, and cabinets. These tools are vital for ensuring the effective delivery of dental care and maintaining healthy teeth and gums.
Furthermore, dental equipment encompasses utility systems that support the operation of a dental practice, including infection control protocols and setups for portable dental operatories. This equipment can be categorized into multiple types to cover the diverse needs of dental practices in treating patients effectively. These factors have driven the Japan dental equipment market expansion.
Market Dynamics: Drivers & Restraints
Increasing Burden of Oral Diseases
The increasing burden of oral diseases is significantly driving the growth of the Japan dental equipment market and is expected to drive throughout the market forecast period.
Oral diseases, while largely preventable, represent a significant health burden, affecting people throughout their lives and often resulting in pain, discomfort, disfigurement, and even death. In Japan, dental caries has long been a primary focus of oral health issues, with its treatment and prevention remain significant challenges for the healthcare system.
Despite improvements in dental care and public health initiatives, caries continue to affect a substantial portion of the population. The prevalence of periodontal disease also presents a growing concern, particularly as it tends to increase with age; an NCBI research study in July 2023, indicates that more than 50% of individuals aged 50 and older are affected by this condition.
Periodontal disease is characterized by chronic inflammation that can lead to tooth loss if left untreated. Unlike caries, which often causes noticeable pain as it progresses, periodontal disease may not present severe symptoms until significant damage has occurred, making it a "silent" disease. This lack of immediate discomfort can result in delayed diagnosis and treatment, further exacerbating the condition. Consequently, there is an urgent need for public health initiatives that not only continue to address caries but also shift focus towards preventing and managing periodontal disease, especially as Japan faces the challenges of an aging population.
Furthermore, key players' strategies such as partnerships and collaborations would propel this Japan dental equipment market. For instance, in November 2021, Singapore-based Zenyum, announced its expansion into Japan, marking its entry into the ninth market across Asia. This move is part of Zenyum's strategy to broaden its reach and capitalize on the growing demand for dental solutions in the region. The company has gained recognition as one of Asia's fastest-growing brands in the consumer dental sector and was named a LinkedIn Top Startup in 2021.
Also, in August 2021, Kyocera Corporation, led by President Hideo Tanimoto, announced a strategic partnership with Osteon Digital Japan Co., Ltd., headed by CEO Michael Tuckman. This collaboration focuses on continuous sales transactions and will commence the sale of customized dental prostheses for implants utilizing Osteon's advanced digital technology.
This agreement is significant for Kyocera as it aims to enhance its presence in the dental implant market, particularly in Japan, which is a key region for dental innovations. By partnering with Osteon, Kyocera seeks to leverage Osteon's expertise in digital solutions and CAD/CAM technology to improve its offerings in dental prosthetics. All these factors demand the Japan dental equipment market.
Moreover, the rising demand for cosmetic dentistry contributes to the Japan dental equipment market expansion.
High Equipment and Treatment Costs
The high costs associated with advanced dental equipment present a significant barrier for many dental practices in Japan, particularly for smaller clinics. Advanced technologies, such as digital imaging systems and lasers, require substantial financial investment, which can lead practitioners to postpone upgrades or choose less effective options, ultimately affecting the quality of care.
Additionally, dental insurance coverage in Japan is often limited; many advanced procedures are not fully reimbursed, forcing patients to pay a considerable portion of these expenses out-of-pocket. This financial burden can deter individuals from seeking necessary treatments, particularly elective or cosmetic procedures.
Expensive procedures and equipment can mean increased out-of-pocket expenses for patients. This may discourage patients from pursuing required dental surgery, reducing overall demand for the equipment utilized in those procedures. Smaller dental practices, particularly in low-income areas, may be hesitant to invest in expensive equipment due to concerns about return on investment. The high equipment and treatment costs will hinder the growth of Japan dental equipment market.
The prices of some dental X-ray instruments can be as low as 500 USD or less, while the newest, high-tier systems may cost as much as 100,000 USD. Thus, the above factors could be limiting the Japan dental equipment market's potential growth.
The Japan dental equipment market is segmented based on product type, technology, treatment type, and end-user.
The dental consumables segment is expected to dominate the Japan dental equipment market share
The dental consumables segment holds a major portion of the Japan dental equipment market share and is expected to continue to hold a significant portion of the Japan dental equipment market share during the forecast period.
Consumables in dentistry, such as drills, burs, scalpels, sutures, and barriers (drapes), are disposable items that require frequent repurchases by dental clinics. This creates a consistent and recurring revenue stream for manufacturers compared to capital equipment sales, which typically involve significant upfront costs for research, development, and production. In contrast, consumables generally have lower production costs and higher profit margins.
The consumable segment is continually evolving due to innovations in materials, design, and functionality. This ongoing cycle of innovation encourages dentists to adopt and utilize new consumables, contributing to market growth. As a result, these factors are expected to drive the growth of the consumable segment, which is anticipated to dominate the Japan dental equipment market share moving forward.
Furthermore, key players in the country product launches that would propel this segment's growth in the Japan dental equipment market. For instance, in February 2024, ZimVie Inc. introduced the TSX Implant in Japan. This launch is particularly significant as Japan represents ZimVie's largest dental implant market in the Asia-Pacific region and the fifth largest globally, highlighting its strategic importance to the company. The introduction of the TSX Implant enables ZimVie to compete directly with leading premium brands in the dental implant industry. These factors have solidified the segment's position in the Japan dental equipment market.
The major players in the Japan dental equipment market include Dentsply Sirona., 3M, Takara Belmont, KaVo Dental, J. MORITA CORP., MANI, INC., GC Corporation, Nakanishi Inc. (NSK), Ivoclar Vivadent, and Ultradent Products Inc. among others.
Emerging Players
The emerging players in the Japan dental equipment market include Imagoworks Inc., and Zenyum, among others.
The Japan dental equipment market report would provide approximately 42 tables, 33 figures, and 183 pages.
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