The Growing Need for Infection Control Procedures is Estimated to Witness High Growth Owing to Opportunity in Dental Aut

Comments · 16 Views


Dental autoclaves are used to sterilize dental and medical instruments using steam at high temperature and pressure. They play a crucial role in sterilizing dental instruments to prevent the spread of infection. The growing demand for sterilized dental instruments and equipment among dental clinics and hospitals to comply with stringent regulations regarding infection control is fueling the adoption of dental autoclaves.

 

The global dental autoclave market is estimated to be valued at US$ 302.31 Mn in 2023 and is expected to exhibit a CAGR of 22.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Opportunity:
The rising number of dental procedures being performed worldwide owing to the growing geriatric population and prevalence of oral diseases presents a lucrative opportunity for players in the dental autoclave market. As dental autoclaves play a vital role in sterilizing dental instruments and preventing the spread of infections, their demand is expected to significantly rise with the increasing volume of dental treatments. Manufacturers can gain a competitive edge by developing advanced dental autoclaves that are easier to operate, offer faster sterilization cycles, and comply with the latest guidelines on infection control in dental settings.

Porter's Analysis
Threat of new entrants: The threat of new entrants is moderate due to the need for significant investments and regulatory approvals required to operate in this market.

Bargaining power of buyers: The bargaining power of buyers is high due to the availability of a wide range of alternatives in the market.

Bargaining power of suppliers: The bargaining power of suppliers is moderate due to the presence of a large number of suppliers in the market.

Threat of new substitutes: The threat of new substitutes is low as there are limited product alternatives available.

Competitive rivalry: High due to the presence of many established players competing on the basis of product quality, innovation, reputation and price.

SWOT Analysis
Strengths: Products offer high reliability, quality and safety. Established brand names and relationships.

Weaknesses: High maintenance cost. Technological obsolete products require replacements.

Opportunities: Growth in emerging markets. Rising healthcare spending and increasing demand for dental services.

Threats: Stringent regulations. Threat from refurbished and cheaper alternatives.

Key Takeaways
Global Dental Autoclave Market Size is expected to witness high growth.

Regional analysis: Asia Pacific region is expected to grow at the fastest rate during the forecast period due to rising medical tourism, growing dental industry and increasing healthcare expenditure.

Key players: Key players operating in the Dental Autoclave market are Thermo Fisher Scientific Inc., Merck KGaA (Sigma-Aldrich), OriGene Technologies, Inc., New England Biolabs, Cellecta, Inc., Agilent Technologies, Inc., Applied StemCell, Inc., Synthego, Genscript, Mirus Bio LLC, Integrated DNA Technologies, Inc., and Mammoth Biosciences, Inc.

 

Explore More Related Article On This Topic: https://www.pressreleasebulletin.com/dental-autoclave-market-size/

 

Explore More Related Article: http://insightprobe.weebly.com/blog/sludge-treatment-chemicals-market-is-estimated-to-witness-high-growth-owing-to-opportunity-in-municipal-wastewater-treatment

disclaimer
Comments