Boston, MA -- (ReleaseWire) -- 06/18/2014 -- The report titled "India Dental Equipments and Consumables Market Outlook to 2018 - Demand for Advanced Dental Diagnostic and Treatment Technologies" presents a comprehensive analysis of the industry covering aspects including market size by revenue and market segmentation by dental consumables, dental chairs and other related equipments, dental imaging systems, dental implants, dental lasers and dental CAD/CAM systems. The report provides an entailing competitive landscape, strengths and weaknesses and market share picture of the major players and distributors in the dental equipment and consumable market along with recent trends and developments in the market.
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With burgeoning wealth and increasing awareness of the advantages of good dental healthcare and healthier lifestyles, Indian market is turning out to be significant markets for medical equipments and dental equipments. The domestic medical equipment industry has grown at a CAGR of 31.8% from 2008-2013. The high class medical and dental technologies are largely imported to India such as from the US, Germany, Canada and Sweden. Nevertheless, the Indian medical devices industry is governed by an ambiguous regulatory framework with no distinct legal status and so, does the dental market in India. This is considered to be possibly the biggest constraint to the growth of the industry. Therefore, there is a prerequisite to take some actions to make dental products affordable and accessible to the population of India.
The growing ageing population of India is the major user segment for the dental market. The dental equipments and consumables market of India was valued at INR ~ million in 2013 which has grown at a CAGR of 12.1% during 2008-2013 from INR ~ million in 2008. Dental consumables have been the largest segment in the Indian dental industry and contributed around ~% in 2013. This is followed by dental chairs and related equipments which contributes ~% to the market in 2013. Dental imaging systems, Dental implants and Dental lasers collectively contributed around 24.8% in the total sales revenues of the dental equipments and consumables market.
India dental consumables market was valued at INR ~ million in 2013 in comparison to INR ~ million in 2008 and grew at a CAGR of 16% from 2008-2013. Almost all dental consumables or supplies are imported from different international destinations such as the US, ~, ~ and ~. The total import tariff on the dental consumables is around 25-30%. India dental consumables market is highly organized wherein ~% dental consumables consumed in the India belong to international brands such as Dentsply India, 3M ESPE, GC Corporation and few others. It was believed that dental consumables or supplies prices are extremely sensitive to the exchange rate and its fluctuations thereto.
Companies Mentioned in this Report: Dentsply India, 3M ESPE, GC Corporation, Ivoclar Vivadent, Coltene Whaledent India and KaVo Kerr, Nobel Biocare, Biomet 3i, Osstem Implants, Bio Horizon, Alpha-Bio Tec, Adin, Confident Dental, Unicorn Dentmart
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