May 19, 2024

Dental Autoclave Market is Estimated to Witness High Growth Owing to Increasing R&D Investment in Life Science

 The autoclave uses different temperature and pressure combinations for sterilization as per the recommended standards. The autoclave offers efficient and effective sterilization of all types of dental equipment like handpieces, root tips, burs, surgical instruments and others. It minimizes contamination risk in dental practice and clinics.

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 from 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. Key players such as Thermo Fisher Scientific and Merck KGaA hold a major share of the market.

The key opportunities in the market include growth in dental clinics and hospitals, rising dental tourism, and growing focus on infection control in dental practices. The increasing awareness about oral healthcare and number of dental procedures being performed globally are fueling the demand for dental autoclaves.

North America holds a major share of the global dental autoclave market owing to large presence of dental clinics and hospitals in the region. However, Asia Pacific is expected to exhibit fastest growth during the forecast period due to growing medical tourism, rising dental expenditure and increasing number of dentists in China and India. Furthermore, expanding dental healthcare infrastructure in Middle East and Latin America will support the revenue generation from these regions.

Market drivers
Growing geriatric population prone to Dental Autoclave Market Size  and rising prevalence of dental caries and periodontal diseases are driving the growth of dental autoclave market. According to WHO, oral diseases affect nearly 3.5 billion people worldwide. The increasing demand for cosmetic and restorative dental procedures across the globe is another key factor augmenting the sales of dental autoclaves. Moreover, growing dental tourism in developing nations for cost effective dental treatments and rising dental expenditure are fueling the market growth.

PEST Analysis
Political: Government regulations regarding dental equipment sterilization standards are expected to drive the adoption of dental autoclaves in healthcare facilities. Compliances with healthcare safety standards require effective sterilization equipment.
Economic: Growth in dental tourism and rising dental expenditure are increasing the demand for dental treatment procedures. This is raising the need for sterilized dental instruments and equipment in clinics, thereby propelling the dental autoclave market.
Social: Increasing awareness about oral healthcare and focus on aesthetic dental treatments are boosting visits to dental clinics. This augments the requirement for sterilized instruments and equipment used in various dental procedures.
Technological: Advancements in autoclave technology have led to the development of advanced microprocessor-controlled autoclaves with compact designs and faster sterilization cycles. Features like self-diagnostics and error detection are gaining traction.

The market in North America holds the largest share in terms of value owing to the rapid adoption of technologically advanced dental autoclaves and presence of major market players in the region. Asia Pacific is anticipated to be the fastest growing regional market driven by rising dental tourism, growing healthcare infrastructure, and increasing spending capacity of the middle-class population in developing countries like China and India.

Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it