Middle East Dental Market is Booming
- Vagelis Yiaglissis
- Mar 25, 2024
- 2 min read
Updated: Jul 17, 2024
A recent study published in Dental Tribune International (DTI) shared interesting insights into the growing Middle East Dental Market. In this post we will analyse the growth factors based on DTI article and our own sources.
The dental industry in the Middle East, after facing a dip in 2020, is on a remarkable rebound, projecting an upward trajectory to surpass US$1.6 billion by 2029 according to the article, with various studies estimating a CAGR of 4-7%.
Digital Dentistry at the Forefront
Digital dentistry has become the cornerstone of this revival, with CAD/CAM materials and devices, intraoral scanners (IOS), and dental 3D printers experiencing rapid expansion. The reasons for this growth are multifaceted:
- Increased prevalence of dental clinics adopting digital workflows.
- Surge in dentist numbers, amplifying service delivery.
- Rising popularity of clear aligners, pushing the demand for IOS.
These factors collectively fuel the market's expansion, expected to reach a significant valuation of US$69.4 million by 2029.
However, the journey is competitive. Price reductions are seen across the board due to intense market competition and the entrance of new players.
A Glimpse into Other Market Segment
- Dental Prostheses Market (Biggest Market Segment): Expected to reach over US$900 million by 2029
- Dental Implant Market: Projected to achieve US$187 million by 2029.
- Operatory Equipment Market: Anticipated to approach a valuation of US$457 million by 2029.
The main reasons for the market growth can be summarized as:
1) The aging population.
2) 100+ million in population growth since 2010.
3) Growing number of dentists - in the UAE, the number of dentists surged from 1,203 to 6,273 from 2010 to 2018.
Access the full article here.
Dental Market Insights
