Market Trends of Germany Dental Equipment Industry
This section covers the major market trends shaping the Germany Dental Equipment Market according to our research experts:
The Periodontal Segment is Expected to Hold a Significant Market Share during the Forecast Period
There is a vast application for periodontal equipment since periodontal dentistry offers a variety of tools used for tooth repairs. Due to the growing number of elderly persons, dental prostheses are in higher demand in emerging and developed countries.
The dental studies conducted in the country regarding the treatment options chosen by people have revealed the high usage of periodontal treatments. For instance, an article published in the European Journal of Medical Research in September 2022 surveyed 5934 participants in Germany with a complete periodontal examination. The study reported that periodontitis severity was directly correlated with arterial hypertension. Participants with moderate or severe periodontitis also had significantly higher age and hypertension. Thus the high geriatric population is expected to boost the segment growth.
Germany is one of the nations in Europe with the most prominent healthcare expenditure. As per deStatis (Statistisches Bundesamt) data on healthcare expenditure in Germany published in June 2022, Germany spent around EUR 441 billion in the healthcare sector. The expenditure accounted for 13.1% of the nation's GDP. The Federal Statistical Office (Destatis) reported an increase of EUR 16.3 billion, or 31.5%, compared with 2019. The increase in healthcare expenditure in the nation is expected to add to the country's market growth.
Rising Awareness Campaigns Regarding Dental Diseases and Treatment and Increasing Clinical Trial Activities is Also adding the Market Growth Over The Forecast Period.
The awareness campaigns regarding dental diseases, treatments, and screenings are expected to educate people about the possible treatment options for various dental conditions, diagnosis, and prevention, which is expected to boost the utility of dental equipment used during the dental treatment and screening of the diseases.
According to the Clinical Trials 2022 update, a trial was conducted in Germany aimed at a nationwide call for dental screening for Hereditary Hemorrhagic Telangiectasia (HHT) and an awareness campaign in Germany, as nearly all persons visit a dentist from time to time. The trial was completed in July 2022. The disease is a rare autosomal inherited disease whose diagnosis is often delayed, leading to serious complications. The campaign was sponsored by University Hospital, Essen, and spread awareness regarding the importance of dental screening for HHT with the help of dentists in the country. These awareness campaigns are expected to propel the market growth during the forecast period.
Furthermore, according to Clinicaltrial.gov, as of 28th November 2022, 34 clinical trial activities related to dental diseases are active, highlighting the importance of oral healthcare in the country. Various healthcare organizations sponsor all the clinical trials to develop a treatment or dental equipment to cure diseases in the country. The rising clinical trials are expected to create an opportunity for the market players to develop innovative dental equipment to assist or treat the disease, thereby boosting the market growth during the forecast period.
