Market Size of Chile Dental Devices Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.60 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Chile Dental Devices Market Analysis
The Chilean dental devices market is expected to witness a CAGR of 4.6% during the forecast period.
The COVID-19 pandemic posed serious challenges to healthcare systems worldwide. It was largely controlled by drastically cutting down in- and outpatient services for dental diseases and implementing prevention and control measures. The pandemic adversely impacted the growth of the dental devices market in the country. However, as per the study published by BioMed Research International in March 2022, in response to the COVID-19 pandemic in Chile, a semi-essential technological platform was created to help urgent and priority dental care for the elderly. This technology, which is integrated into a mobile dental clinic, could aid older people who find it difficult to seek out conventional dental care during the pandemic. It helped the patients to know their conditions and seek dental procedures. With relaxations in COVID-19 restrictions and the resumption of dental services, the demand for dental treatment is expected to increase, which may boost the demand for dental devices in Chile over the forecast period.
Certain factors that are propelling the market's growth are the increasing burden of oral diseases, the aging population, and technological advancements like the use of CAD/CAM for teeth design.
Government initiatives for dental care are also aiding the market's growth. For instance, as per the WHO Oral Health Country Profile, 2022, the highest total population eligible to receive oral health intervention services by the Chiliean government was estimated at 80% of the population in 2021. As per the same source, the interventions comprise routine and preventive oral healthcare, essential curative oral healthcare (non-surgical extraction and drainage of abscesses), advanced curative oral/dental care (resin composite and dental amalgam, including X-rays, complex fillings, and root canal treatment) and rehabilitative oral healthcare (crowns and bridges, dentures, orthodontics, and dental implants). These government initiatives may help people seek dental or oral services, which may boost the market over the forecast period.
However, the lack of proper reimbursement policies and awareness in the country may hinder the market's growth over the forecast period.
Chile Dental Devices Industry Segmentation
As per the scope of the report, dental devices are the tools used by dental professionals to provide dental treatment. They include tools to examine, manipulate, treat, restore, and remove teeth and surrounding oral structures.
The Chilean dental devices market is segmented by product (general and diagnostics equipment, and dental consumables), treatment (orthodontic, endodontic, periodontic, and prosthodontic), and end user (hospitals, clinics, and other end users). The report offers the value (in USD million) for the above segments.
| By Product | ||||||
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| By Treatment | |
| Orthodontic | |
| Endodontic | |
| Peridontic | |
| Prosthodontic |
| By End User | |
| Hospitals | |
| Clinics | |
| Other End Users |
Chile Dental Devices Market Size Summary
The Chilean dental devices market is poised for growth, driven by factors such as the increasing prevalence of oral diseases, an aging population, and advancements in dental technology. The market experienced setbacks due to the COVID-19 pandemic, which disrupted dental services and highlighted the need for innovative solutions like mobile dental clinics for urgent care. As restrictions ease and services resume, the demand for dental treatments is expected to rise, thereby boosting the market. Government initiatives aimed at enhancing oral healthcare access and coverage further support market expansion. However, challenges such as inadequate reimbursement policies and limited public awareness may impede growth.
The prosthodontics segment is anticipated to see significant growth, supported by a robust healthcare system and the widespread adoption of prosthetic devices. The mixed healthcare coverage in Chile, with both public and private insurance options, is likely to drive demand for dental services, including implants, particularly among the elderly population prone to age-related dental issues. The market is moderately competitive, with key players like Planmeca Oy, Danaher Corporation, and Dentsply Sirona leading through strategic collaborations and product innovations. The presence of dental insurance plans, such as the Delta Dental Chile plan, is expected to further stimulate demand for dental implants, contributing to the market's overall growth trajectory.
Chile Dental Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Burden of Oral Diseases and Aging Population
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1.2.2 Technological Advancements like the Use of CAD/CAM for Teeth Design
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1.3 Market Restraints
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1.3.1 Lack of Proper Reimbursement Policies
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1.3.2 Lack of Awareness in Some Developing Nations
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value in USD million)
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2.1 By Product
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2.1.1 General and Diagnostics Equipment
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2.1.1.1 Dental Laser
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2.1.1.2 Radiology Equipment
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2.1.1.3 Dental Chair and Equipment
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2.1.1.4 Other General and Diagnostic Equipment
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2.1.2 Dental Consumables
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2.1.2.1 Dental Biomaterial
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2.1.2.2 Dental Implants
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2.1.2.3 Crowns and Bridges
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2.1.2.4 Other Dental Consumables
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2.2 By Treatment
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2.2.1 Orthodontic
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2.2.2 Endodontic
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2.2.3 Peridontic
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2.2.4 Prosthodontic
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2.3 By End User
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2.3.1 Hospitals
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2.3.2 Clinics
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2.3.3 Other End Users
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Chile Dental Devices Market Size FAQs
What is the current Chile Dental Devices Market size?
The Chile Dental Devices Market is projected to register a CAGR of 4.60% during the forecast period (2024-2029)
Who are the key players in Chile Dental Devices Market?
Planmeca Oy, Dentsply Sirona, Danaher Corporation, Straumann Holding AG and Carestream Health Inc. are the major companies operating in the Chile Dental Devices Market.
