by Dental autoclaves are relied upon as sterilization devices for sterilizing and disinfecting dental instruments between patient treatments so as to cease cross-contamination. Dental autoclaves utilize pressurized steam and high temperatures to sterilize devices without compromising their efficacy or integrity. An expansion in dental procedures such as restorations, endodontic treatments, and periodontal therapies has resulted in higher demand for sterilized dental devices, propelling the need for dental autoclaves.
The global Dental Autoclave Market is estimated to be valued at US$ 302.31 Mn in 2023 and is expected to exhibit a CAGR of 22.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends gaining traction in the dental autoclave market is the introduction of compact autoclaves. Conventional autoclaves occupy large bench space in dental clinics. However, recent advancements have led to the development of compact autoclaves that efficiently sterilize dental instruments while having small footprint. This has increased their adoption among small dental practices with limited space. Furthermore, manufacturers are focusing on developing advanced autoclaves equipped with features such as touchscreen controls, automatic locking systems, and error indicators to enhance ease-of-use. This is anticipated to boost the demand for advanced dental autoclaves over the forecast period.
Porter’s Analysis
Threat of new entrants: The threat of new entrants in the dental autoclave market is moderate. There are high costs associated with manufacturing and complying with stringent regulations governing the dental autoclave market that act as a deterrent for new players to enter the market.
Bargaining power of buyers: The bargaining power of buyers in the dental autoclave market is moderate to high. Buyers have a wide range of players to choose from and can opt for substitute products from other players.
Bargaining power of suppliers: The bargaining power of suppliers in the dental autoclave market is low to moderate due to the fragmented nature of the market. Suppliers are dependent on a few major players for income generation.
Threat of new substitutes: The threat of new substitutes in the dental autoclave market is low. Dental autoclaves are the preferred method for sterilizing dental instruments and there are few cost-effective alternatives available.
Competitive rivalry: The competitive rivalry in the dental autoclave market is high due to the presence of few large and established players. Players compete based on product differentiation, pricing, and new product launches.
Key Takeaways
The Global Dental Autoclave Market Size is expected to witness high growth over the forecast period.
Regional analysis: North America region currently dominates the dental autoclave market and is expected to maintain its lead over the forecast period. This can be attributed to factors such as growing prevalence of dental caries and periodontal diseases in the region.
Key players: Key players operating in the dental autoclave market are Thermo Fisher Scientific Inc., Merck KGaA (Sigma-Aldrich), OriGene Technologies, Inc., New England Biolabs, Cellecta, Inc., Agilent Technologies, Inc., Applied StemCell, Inc., Synthego, Genscript, Mirus Bio LLC, Integrated DNA Technologies, Inc., and Mammoth Biosciences, Inc. Thermo Fisher Scientific Inc. ranks among the top players due to its wide product portfolio and global presence.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
