Market Size of Mexico Dental Devices Industry
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | 6.80 % |
| Market Concentration | Medium |
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?
Mexico Dental Devices Market Analysis
The Mexican dental devices market is expected to register a CAGR of 6.8% over the forecast period.
The COVID-19 pandemic posed severe challenges to healthcare systems. The market was primarily controlled by drastically cutting down in- and out-patient services for dental diseases and implementing infection prevention and control measures. The lockdown in the country affected the supply chain of dental devices and equipment. According to an article published in the International Journal of Environmental Research and Public Health in February 2021, it was observed that 67.9% of dentists in Mexico were attending only dental emergencies. 14.8% of dentists chose not to attend to any patients during the pandemic lockdown. The oral healthcare providers in the country took safety measures to avoid contamination by the coronavirus. However, there was still an increased risk of infection for oral healthcare providers. Thus, the country's delayed diagnosis and treatment of dental diseases impacted the demand for dental devices, slowing the market growth. However, as the COVID-19 cases declined, leading to fewer restrictions, dental services in the country resumed, and increased patient visits contributed to the market growth. The market is expected to follow stable growth over the next 3-4 years.
Currently, factors such as increasing awareness about oral care, rising incidences of dental diseases, and growing innovation in dental products are boosting market growth.
The burden of dental caries due to unhealthy eating and lack of oral care is increasing among the population, which is the key factor driving the market growth. As per an article published in Medicine Journal in June 2021, a cross-sectional survey of school children aged 8 to 12 from various socio-economic backgrounds was conducted in 2020 in Mexico. It was found that the prevalence of non-cavitated lesions among the children was 38.0%, cavitated lesions were 43.4% in permanent dentition, and 50.6% of school children had poor oral hygiene. According to the same source, low brushing frequency and poor dental hygiene were the main factors responsible for dental cavities among Mexican children. The high burden of dental cavities increases the risk of tooth loss. This is expected to fuel the need for dental implants or crowns, propelling the market growth.
In addition, the presence of a high-quality healthcare system, partially funded by the government and partially supplemented by private health providers in the country, contributes to the market's growth. The country has two public health insurance institutes, the Instituto de Salud para el Bienestar (INSABI) and the Instituto Mexicano del Seguro Social (IMSS). Also, all the residents in the country must have private health insurance, which covers basic dental procedures, such as annual check-ups, cleaning, and caries treatment.
Therefore, the studied market is expected to grow over the forecast period due to the aforementioned factors, such as the burden of dental and oral diseases and the high quality of the healthcare system. However, the high cost of dental surgeries and implant devices will likely impede the growth of the Mexican dental devices market over the forecast period.
