Market Size of Chile Dental Devices Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.60 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Chile Dental Devices Market Analysis
The Chilean dental devices market is expected to witness a CAGR of 4.6% during the forecast period.
The COVID-19 pandemic posed serious challenges to healthcare systems worldwide. It was largely controlled by drastically cutting down in- and outpatient services for dental diseases and implementing prevention and control measures. The pandemic adversely impacted the growth of the dental devices market in the country. However, as per the study published by BioMed Research International in March 2022, in response to the COVID-19 pandemic in Chile, a semi-essential technological platform was created to help urgent and priority dental care for the elderly. This technology, which is integrated into a mobile dental clinic, could aid older people who find it difficult to seek out conventional dental care during the pandemic. It helped the patients to know their conditions and seek dental procedures. With relaxations in COVID-19 restrictions and the resumption of dental services, the demand for dental treatment is expected to increase, which may boost the demand for dental devices in Chile over the forecast period.
Certain factors that are propelling the market's growth are the increasing burden of oral diseases, the aging population, and technological advancements like the use of CAD/CAM for teeth design.
Government initiatives for dental care are also aiding the market's growth. For instance, as per the WHO Oral Health Country Profile, 2022, the highest total population eligible to receive oral health intervention services by the Chiliean government was estimated at 80% of the population in 2021. As per the same source, the interventions comprise routine and preventive oral healthcare, essential curative oral healthcare (non-surgical extraction and drainage of abscesses), advanced curative oral/dental care (resin composite and dental amalgam, including X-rays, complex fillings, and root canal treatment) and rehabilitative oral healthcare (crowns and bridges, dentures, orthodontics, and dental implants). These government initiatives may help people seek dental or oral services, which may boost the market over the forecast period.
However, the lack of proper reimbursement policies and awareness in the country may hinder the market's growth over the forecast period.
