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June 1, 2021updated 08 Feb 2022 1:40pm

Surge in acquisitions in 2021 drives dental devices market recovery

The dental devices market is expected to make a strong recovery this year, driven by investments and acquisitions.

By GlobalData Healthcare

The Covid-19 pandemic saw certain markets, such as those for anaesthesia and respiratory devices, grow last year, while many other markets stagnated or saw a huge decline. The dental devices market, however, is projected to make a strong recovery this year.

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Medical Device Industry Landscape In Asia-Pacific

GlobalData's APAC Medical Devices Industry Landscape – 2022 free study breaks down the APAC medical devices market by segment and region and includes insights on local and global competitors, pipeline product developments, clinical trials studies, and significant deals in the industry. The APAC medical device industry witnessed significant developments, launches, implementations, and adoption of new medical device technologies in the past decade, however the high cost of devices, regulatory hurdles, reimbursement pressure, and healthcare budget constraints have challenged market expansion across various territories and segments. APAC is the fastest growing regional market for medical device clinical trials, with China and Japan emerging as major clinical trial hotspots. The growth in medical device clinical trials in the APAC region is attributed to an increase in research partnerships between biopharma companies and clinical research organizations (CROs). This report also provides an in-depth analysis of the medical device market's opportunities and challenges, the influence of COVID-19 on the market, and government activities aimed to develop the APAC medical device market.
by GlobalData
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There are various factors contributing to this recovery. With the pandemic situation steadily improving as populations become vaccinated, we are seeing more investments being made in many markets. The dental devices market stands out due to the strong increase in acquisitions.

According to GlobalData’s deals database, there have been 14 dental-related acquisitions completed so far in the first half of the year, compared to just eight acquisitions in the second half of last year. At the time of writing, there is still another month to go before we reach the end of the first half of the year, which could mean more deals are yet to come.

Some notable acquisitions include Dentsply Sirona, which acquired Datum Dental in January to expand its implants segment. More recently, in April, National Dentex Corp acquired Dental Services Group in a bid to create the largest dental lab network in North America.

The strong number of deals within the dental devices segment in the first half of the year will contribute to the resurgence of the market. The global market value for dental devices this year is estimated to be $20.5bn, up significantly from $13.2bn last year.

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Free Report
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Medical Device Industry Landscape In Asia-Pacific

GlobalData's APAC Medical Devices Industry Landscape – 2022 free study breaks down the APAC medical devices market by segment and region and includes insights on local and global competitors, pipeline product developments, clinical trials studies, and significant deals in the industry. The APAC medical device industry witnessed significant developments, launches, implementations, and adoption of new medical device technologies in the past decade, however the high cost of devices, regulatory hurdles, reimbursement pressure, and healthcare budget constraints have challenged market expansion across various territories and segments. APAC is the fastest growing regional market for medical device clinical trials, with China and Japan emerging as major clinical trial hotspots. The growth in medical device clinical trials in the APAC region is attributed to an increase in research partnerships between biopharma companies and clinical research organizations (CROs). This report also provides an in-depth analysis of the medical device market's opportunities and challenges, the influence of COVID-19 on the market, and government activities aimed to develop the APAC medical device market.
by GlobalData
Enter your details here to receive your free Report.

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