Market Trends of Dental Autoclave Industry
This section covers the major market trends shaping the Dental Autoclave Market according to our research experts:
Automatic Dental Autoclave Segment Expected to Account for a Major Market Share During the Forecast Period
An automatic dental autoclave is a sterilizer wherein the sterilization process begins with the assistance of a catch. Upon pressing the catch, water begins streaming into the chamber, the pointer light is turned on, and cleansing occurs. The programmed autoclave debilitates itself after the disinfection happens with the right boundaries. After this interaction, the drying cycle begins naturally and finishes, and the clinical gear is ready to be utilized. This market segment is expected to grow at the fastest rate during the forecast period due to its capability to provide quick and error-free results. Automatic autoclaves offer several advantages over manual and semi-automatic autoclaves, such as ensuring quicker results, being user-friendly, and offering enhanced failure detection. These factors are expected to propel the segmental growth of the market. A fully automatic dental autoclave sterilizes instruments and maximizes the efficiency of instrument cleaning. For example, automatic dental autoclaves, like Elara 11D, Midmark m11 Ultraclave, Miniclave 21E, Lina autoclave, etc., have been launched by key market players at a competitive price, which is expected to drive the segment's growth.
In September 2020, Midmark Corp. launched its new Sterilizer Data Logger and released the updated Midmark M3 Steam Sterilizer. Both offer enhanced speed, simplicity, and compliance for instrument processing. The data logger will automatically record and store a sterilizer's physical and mechanical performance records. The company also announced its 2020 Sterilizer Promotion to ensure that caregivers have access to simple-to-use sterilization and cleaning equipment that helps effectively reduce the transmission of infectious diseases.
Moreover, as per the World Health Organization's (WHO) March 2020 update, in most high-income countries, dental treatment averages 5% of total health expenditure and 20% of out-of-pocket health expenditure. Additionally, the high demand for sophisticated dental services, such as dental surgeries, is expected to fuel segmental growth.
North America Expected to Hold Significant Market Share in the Forecast Period
North America is expected to gain a major share of the dental autoclave market during the forecast period due to the increase in application rates, a rise in patient awareness about oral health, technologically developed healthcare infrastructure, and an increase in healthcare expenditure. The North American region is estimated to be a potential segment for the dental autoclave market, as it generates most revenues from this region because of comparatively higher health expenditure, high patient awareness levels, and a large number of dental procedures. For instance, according to the Centers for Disease Control and Prevention (CDC) data updated in January 2021, 1 in 4 adults between 20-64 years of age suffer from at least one cavity, and almost 57% of adolescents aged 12-19 have had a cavity in their permanent teeth. Furthermore, as per the December 2020 statistics by the Centers for Disease Control and Prevention (CDC), more than 1 in 4 (26%) adults have untreated tooth decay, and nearly half (46%) of all adults aged 30 years or older show signs of gum disease; and severe gum disease affects about 9% of adults in the US. Moreover, increasing government initiatives for monitoring and implementing dental equipment sterilization may propel market growth.
According to the International Dental Journal's article titled, 'Risk Indicators of Tooth Loss among Mexican Adult Population: A Cross-Sectional Study,' published in February 2021, the prevalence of tooth loss was 57.2% due to tooth decay in Mexico. The study also reported that it is similar to the data reported in low- and middle-income countries. Such a high prevalence of tooth decay and loss generates a need for the sterilization of dental instruments and is expected to drive market growth.
Hence, owing to the aforementioned factors, the dental autoclave market is expected to show considerable growth in the region over the forecast period.
