Dental Equipment Manufacturing in China - Market Research Report (2014-2029)
Beijing, China
Last Updated: May 2024
3682Revenue
$3.5bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
20,182
Businesses
112
Wages
$XXX.Xm
Dental Equipment Manufacturing in China industry analysis
Revenue for the Dental Equipment Manufacturing industry has grown rapidly over the past five years, at an annualized 13.6%. In 2023, there are an estimated 112 industry enterprises, which together generate $3.5 billion. Constantly improving living standards and greater emphasis on dental health have been the main drivers of industry development over the period.The industry has expanded over the past five years. In 2023, revenue is expected to reach $3.5 billion, up 13.6% for the year. Industry growth over the past five years has been driven by rising domestic demand and foreign demand. The technology level of large domestic players has improved and many firms have increased their export volumes over the period. Exports account for 20.6% of revenue in 2023.The main changes over the past five years have included rapid growth in demand for dental equipment from hospitals and dental clinics, and demand generated from private and foreign clinics. Capital investment from foreign firms, Envista (Shanghai) Medical Equipment Co., Ltd., has also had a positive effect on industry revenue growth. The industry is in the growth phase of its life cycle, with most companies recording steady growth in niche markets. Over the next five years, industry revenue is forecast to grow at an annualized 9.3%, to reach $5.4 billion in 2028.Currently, the general level of medical service charges in China is much higher than people's ability to pay, especially in rural areas. This is due to issues regarding the current healthcare system and a low level of medical care insurance. Reforms of the healthcare system and the development of social security systems, especially the implementation and promotion of the New Cooperative Medical Care System in rural areas, are forecast to allow more urban and rural citizens to afford medical-related expenditures. These changes are anticipated to create a large potential domestic market over the next five years.
Trends and Insights
- The industry develops rapidly in recent years. Multiple factors including increasing consumers’ income level, improvement of people's health awareness, development of oral medical technology and industry policy supports, etc. promote the fast growth of the industry scale.
- Modern dental chairs have a better future. Modern chairs have an emphasis on patient protection to avoid cross-infection, and will be an increasing future trend as health awareness increases.
- Multiple factors contribute to the industry development in Guangdong. Guangdong is expected to account for an expected 19.7% of industry revenue in 2023.
- The industry concentration level is low. The sales revenue of the top four enterprises are expected to account for 28.2% of total industry revenue in 2023.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 13.6 % over the past five years, to reach an estimated $3.5bn in 2024.
Trends and Insights
Multiple factors drive rapidly growing market demand for medical dental equipment
- With continuous growth of China's GDP and consumers' per capita disposable income, consumers have become more and more concerned with the oral health.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The market demand for dental equipment is expected to continue growing in the future
- With steady development of economy, deepening urbanization structure and increasing income levels of residents in China, Chinese population will pay more and more attention to oral health, contributing to growing market demand for dental equipment.
Biggest companies in the Dental Equipment Manufacturing in China
| Company | Market Share (%)
2023 | Revenue ($short_0)
2023 |
|---|
There are no companies that hold a large enough market share in the Dental Equipment Manufacturing in China industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Dental chairs, Dental X-ray equipment and Dental treatment units. Dental chairs is the largest segment of the Dental Equipment Manufacturing in China.
Trends and Insights
Modern dental chairs have a better future
- Dental chairs are specialized equipment used for dental diagnosis and treatment, mainly used to support patient's body and provide a comfortable working environment and convenient operating conditions.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Medical Device Manufacturing in China
- Medical & Veterinary Instrument Manufacturing in China
Complementors
- Cosmetic & Personal Care Product Manufacturing in China
- Toothpaste and Toothbrush Manufacturing in China
International industries
- Medical Device Manufacturing in the US
- Dental Laboratories in the US
- Dental Clinical Instrument Manufacturing in the US
- Medical Device Manufacturing in Canada
- Medical and Surgical Equipment Manufacturing in Australia
Table of Contents
About this industry
Industry definition
Industry operators produce dental treatment units, dental chairs, and other dental equipment and supplies.
What's included in this industry?
Dental chairsDental X-ray equipmentDental treatment unitsDental drillsDental surgical instrumentCompanies
Purchase this report to view all major companies in this industry.
Related Terms
TOOTH DRILLDENTAL CHAIRPANORAMICSTOMATOLOGYORTHOPANTOMOGRAPHPerformance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The industry develops rapidly in recent years. Multiple factors including increasing consumers’ income level, improvement of people's health awareness, development of oral me...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Modern dental chairs have a better future. Modern chairs have an emphasis on patient protection to avoid cross-infection, and will be an increasing future trend as health awa...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Multiple factors contribute to the industry development in Guangdong. Guangdong is expected to account for an expected 19.7% of industry revenue in 2023.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
The industry concentration level is low. The sales revenue of the top four enterprises are expected to account for 28.2% of total industry revenue in 2023.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Major companies usually emphasize research and development. Major companies usually have been increasing technology research and development investment and developing new pro...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Government in China guides the industry development. The Government in China encourages the industry enterprises to increase research and development investment to promot...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profitability is higher, but decreasing. The industry profit margin is expected to decrease to 10.4% in 2023, down from 11.0% in 2018.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in China include:
- National Bureau of Statistics China
- General Administration of Customs
- People’s Bank of China
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Dental Equipment Manufacturing industry in China in 2024?
The market size of the Dental Equipment Manufacturing industry in China is $3.5bn in 2024.
How many businesses are there in the Dental Equipment Manufacturing in China industry in 2024?
There are 112 businesses in the Dental Equipment Manufacturing industry in China, which has grown at a CAGR of 6.2 % between 2019 and 2024.
Has the Dental Equipment Manufacturing industry in China grown or declined over the past 5 years?
The market size of the Dental Equipment Manufacturing industry in China has been growing at a CAGR of 13.6 % between 2019 and 2024.
What is the forecast growth of the Dental Equipment Manufacturing industry in China over the next 5 years?
Over the next five years, the Dental Equipment Manufacturing industry in China is expected to grow.
What does the Dental Equipment Manufacturing in China include?
Dental chairs and Dental X-ray equipment are part of the Dental Equipment Manufacturing industry.
How competitive is the Dental Equipment Manufacturing industry in China?
The level of competition is moderate and increasing in the Dental Equipment Manufacturing industry in China.
