New-Zealand Dental Care Market Expected to Grow Faster According to New Research Report 2023-2028

The New-Zealand Dental Care Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global New-Zealand Dental Care market. This report explores all the key factors affecting the growth of the global New-Zealand Dental Care market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Description of the New-Zealand Dental Care Market Analysis

Research Scope and Assumption

The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)
The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis
We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses
All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis
Inflation has not been accounted for in order to estimate and forecast the market
Numbers may not add up due to rounding off

Reason to buy the report:

Facilitate decision-making based on strong current and forecast data for New-Zealand Dental Care Market Analysis
Develop strategies based on the latest regulatory framework
Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market
Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the New-Zealand Dental Care Market Analysis
Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
To strategically profile key players and comprehensively analyze their market shares and core competencies
We have technically sound team which do a deep dive research and also provide strategy based consulting analysis

New-Zealand Dental Care Market Analysis Executive Summary

The Dental Services industry's performance is forecast to improve over the next five years, supported by a growing and ageing population and rising disposable incomes. The need for improved oral care over the longer term is also projected to increase demand for industry services over the period.

Market Size and Key Findings

The New-Zealand Dental Care Market Analysis size stood at around USD xx% billion in 2020 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Market Dynamics

Market Growth Drivers Analysis

Due to the increasing aging population in New-Zealand, there has been an increase in the number of dental implants and oral surgeries being performed. In addition, there is a decrease in manual dexterity and an increase in comorbidity and medications affecting the oral cavity. Hence, the dental care in aged care facilities is found to be poor and access to dental professionals is difficult. There are several other risk factors, such as smoking, poor oral hygiene, diabetes, medication, and hereditary conditions, which are also connected to the increase in dental diseases.

Market Restraints

Increasing Cost of Surgeries, Expanding Demand for Refurbished Dental Devices are a major restraining factor. The increased cost of services due to high cost of dental equipment is a significant factor that may hamper the market growth during the forecast period. Hospitals may also be under more pressure to raise prices to compensate for lower volume. There are major opposing influences, though.

Covid-19 Market Impact Analysis

Industry operators are expected to face several challenges related to COVID-19. The implementation of level three guidelines and restrictions in March 2020 limited the number of dental services able to be offered. Under these restrictions, dentists may only perform dental treatments that do not generate aerosols or where treatment generating aerosols is limited. Dental practitioners are expected to face significant profit pressures in the current year. Alert Level 3 and 4 restrictions caused dental practitioners to close temporarily and only conduct essential services.

Competitive Landscape

Key Players

The market for dental devices in New-Zealand is moderately competitive and there are several international companies that are having a strong presence in this country. The global players into the New-Zealand dental devices market are 3M Company, A-Dec Inc., Biolase Inc., Carestream Health Inc., Dentsply Sirona, Envista Holdings Corporation, GC Corporation and Planmeca.

Products in Pipeline

An ongoing trend within the dental prosthetic market is the increasing movement towards digitization, resulting in high growth of the CAD/CAM prosthetics market. Through the use of CAD/CAM technology, dentists and laboratory technicians are able to increase productivity levels. Prices for CAD/CAM systems and blocks are expected to gradually decrease throughout the forecast period. As scanning and milling units becomes increasingly affordable, more laboratories and dental clinics will be able to invest in the technology.

Notable Recent Deals

Code of Practice - The purpose of the Code is to ensure high ethical standards and socially acceptable behaviour within the Dental Industry and ensure that the Oral Healthcare Professional, the Regulator and the New Zealand community can have confidence in their dealings with the Dental Industry, and its Products.

Industry Certificate - The New Zealand Dental Industry Certificate is a modular educational self-learning course, followed up by a two-day workshop that introduces the professions, techniques and products used in contemporary dentistry. It is a customised programme that has been used successfully around the world.

Dental Expo - The Dental Expo offers attendees FREE lectures, live product demonstrations and hands-on opportunities with the latest equipment and materials from local dental suppliers and international manufacturers.

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario

New-Zealands first steps towards the goal that all New Zealanders should be able to access affordable comprehensive dental care should be population-level prevention and ensuring that disadvantaged groups can access emergency dental care.

Health governance and regulation work together to keep the New Zealand public safe. Within the context of New Zealands wider regulatory environment, the Dental Council is tasked with ensuring the public receives safe and effective oral health care from all practitioners

Although health insurance is more important since it covers a wider range of treatments and procedures in addition to basic dental care in some cases, dental insurance can certainly be worth the monthly premiums if your plan fits your needs. Dental insurance is quite costly and some procedures such as dental implants may not be covered which means that youll still have to pay out of your own pocket for some of the most expensive treatments. Since there are very few companies that offer dental insurance youll be looking at some hefty premiums regardless of which provider you choose to go with. In additional, even the best plans on the market will carry an annual payout limit which means that if the work really gets expensive your policy wont be able to save you completely.

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New-Zealand Dental Care Market Analysis Segmentation

By Product:

Dental instruments are tools used by dental professionals to provide dental treatment. It include tools to examine, manipulate, treat, restore, and remove teeth and surrounding oral structures. The New-Zealand market for dental equipment and supplies is largely import driven with over 90% of the equipment's being imported. Dental equipment's were largely imported from Europe, US and Asia. The United States and Europe have traditionally led the market; however, products from Asia, especially Japan have become increasingly popular over the past decade. Domestic production of dental equipments and consumables is very limited and largely limited to tooth filling materials and dental equipments such as dentists' chairs. Small market size of dental equipments has resulted in companies finding it more cost effective to import goods rather than manufacture locally.

By Treatment:

Based on treatment the market is segmented in Orthodontics, Endodontics, Periodontics, and Prosthodontics. The main factor attributing to the growth of the prosthodontics segment is the increasing demand for dental prostheses across the country and the rising number of people getting older. Prosthodontics has a wide application in the dental problem that has been caused by defective or missing teeth. Furthermore, the rising number of dental practitioners in New-Zealand, the presence of a high-quality healthcare system and increasing awareness among people regarding treatment option is also expected to fuel the market growth over the forecast period.

By End-User:

By end user, the dental clinics segment led the dental services market owing to the higher preferences for the convenient and specialized services offered by dental clinics to the patients in comparison to any other end user.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global New-Zealand Dental Care Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global New-Zealand Dental Care Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the New-Zealand Dental Care market
Chapter 2: Exclusive Summary - the basic information of the New-Zealand Dental Care Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the New-Zealand Dental Care
Chapter 4: Presenting the New-Zealand Dental Care Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the New-Zealand Dental Care market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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Free Customization on the basis of client requirements on Immediate purchase:
1- Free country-level breakdown of any 5 countries of your interest.
2- Competitive breakdown of segment revenue by market players.

Customization of the Report:
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Get ready to Recognize the pros and cons of the regulatory framework, local reforms, and its effect on the Industry. Understand how the Leaders in Intelligent Network are keeping themselves one stage forward with our most up-to-date survey analysis.

In conclusion, the New-Zealand Dental Care Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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