Market Trends of South Korea Dental Devices Industry
This section covers the major market trends shaping the South Korea Dental Devices Market according to our research experts:
Dental Consumables Segment is Expected to Witness Growth Over the Forecast Period
Dental consumables include products such as implants, prosthetics, braces, crowns, dental impression materials, and others. They are used for the treatment of dental disorders such as tooth restoration, problems associated with gingival tissues, dental impairments, dental caries, and periodontal diseases. Dental consumables are one of the largest segments of the South Korean dental device market.
Due to growing socioeconomic factors, many people have been able to afford these procedures. Moreover, the number of dentists is also growing in South Korea to meet the increasing demand for dental procedures. As per the Ministry of Health and Welfare of South Korea updates from 2022, there were 64 dentists per 10,000 inhabitants in South Korea. The ratio of dentists to inhabitants has been slowly but steadily increasing over the past years, having increased by around 33% since 2007. Owing to these factors, the market for dental consumables is further expected to increase in the future as well.
Thus, the segment is anticipated to witness significant growth over the forecast period due to the abovementioned factors.