The Dental Autoclave Market Is Driven By High Risk Of Infections
The dental autoclave market involves devices that uses steam under pressure for sterilization of dental and medical instruments. The autoclaves are major equipment in dental clinics and hospitals used for sterilizing dental handpieces, files, implants and other reusable instruments to eliminate all microorganisms. Dental autoclaves comes in different classification based on their size and capacity including tabletop, medium, and large autoclaves. They provide compact, effective and easy to use sterilization solution to dental practices. The steam sterilization is a proven method that ensures safety of patients by killing all forms of pathogens including bacteria and viruses.
The Global Dental Autoclave Market is estimated to be valued at US$ 348.27 Bn in 2024 and is expected to exhibit a CAGR of 22% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the dental autoclave market are Thermo Fisher Scientific Inc., Merck KGaA (Sigma-Aldrich), OriGene Technologies, Inc., New England Biolabs, Cellecta, Inc., Agilent Technologies, Inc., Applied StemCell, Inc., Synthego, Genscript, Mirus Bio LLC, Integrated DNA Technologies, Inc., and Mammoth Biosciences, Inc. The major players are focusing on new product launch and expansion of their global footprint to strengthen their market position.
The global dental autoclave market is expected to grow owing to increasing demand for dental procedures across the world. Rising incidence of dental caries and other periodontal diseases are compelling more people to opt for dental treatments. This in turn is augmenting the requirement of sterilized dental instruments which drives the demand for autoclaves in dental clinics.
Moreover, the key players are expanding their presence in developing markets like Asian and Latin American countries to capitalize on high growth opportunities. Countries like China, India, Brazil are witnessing rising medical tourism and growing middle class population prompting increased investments in healthcare infrastructure and adoption of advanced medical devices. This allows global market leaders to increase their revenue share from emerging markets.
Market drivers
One of the major growth drivers for Dental Autoclave Market Size is the stringent sterilization regulations in healthcare industry. Regulatory authorities have made it mandatory for all dental and medical facilities to ensure complete sterilization of reusable surgical instruments to prevent infections. This increases installation of autoclaves as they offer foolproof sterilization with steam under high temperature and pressure completely killing all forms of microbes. Stiff norms governing infection control boost adoption of autoclaves among dental clinics.
The current geopolitical situation is impacting the growth of the dental autoclave market. The ongoing Russia-Ukraine war has disrupted global supply chains for key materials used in dental autoclaves like steel and electronics. Increased prices of raw materials and difficulties in their procurement have forced dental autoclave manufacturers to hike product prices. This has delayed equipment upgradation plans of dental clinics in Europe and diverted budgets towards maintaining business continuity. Political uncertainties and economic slowdowns in major countries like the US and China due to high inflation have weakened consumer spending on dental services in short term. However, rising demand for quality dental care from expanding middle class populations in developing countries and ongoing research towards advanced sterilization techniques will ensure steady long term growth opportunities for the market. Manufacturers need to establish alternative sourcing strategies, optimize costs and focus on digital technology integrated autoclaves to attract new customers.
North America currently holds the largest share of the dental autoclave market in terms of value. This is attributed to rising dental expenditures per capita, strong presence of leading manufacturers and widespread adoption of innovative sterilization solutions across dental clinics and hospitals in the US and Canada. Europe is the second largest regional market supported by favourable reimbursement policies and universally accessible dental care systems across major countries. Asia Pacific is recognized as the fastest growing region and will witness a CAGR of over 25% during the forecast period. Rapid urbanization, growing medical tourism industry and rising disposable incomes are driving increased spending on oral healthcare in densely populated developing nations like India and China.
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