by Fluid management systems are an integral part of modern dental clinics and hospitals. They help to effectively manage liquid waste from dental procedures and ensure a clean and hygienic environment for treatment. Fluid management systems consist of devices such as aspirators, air-water syringes, dental chairs with built-in suction units, and auxiliary equipment such as tubing, foot pedals, and foot controls. They allow safe disposal of liquids generated during procedures like tooth extractions, root canals, surgical treatments and cleaning appointments. The global fluid management system market is gaining traction due to rapid growth in dental tourism. Many developing nations in Asia Pacific and Latin America have emerged as popular destinations for dental tourism due to availability of advanced dental treatments at affordable costs. This is increasing the need for state-of-the-art fluid management systems across clinics and hospitals catering to international patients.
The global fluid management system market is estimated to be valued at US$ 14.3 Mn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
One of the key drivers for the growth of the global fluid management system market is rising dental tourism. Many developing countries like Thailand, Mexico, Hungary and India have developed sophisticated healthcare and dental care infrastructure to attract international patients looking for affordable yet high quality treatments. This has boosted investments in advanced dental technologies and equipment across these nations. For instance, over 1 million tourists travel to Hungary each year specifically for dental treatments. Presence of global dental clinics and hospitals has increased the demand for dependable fluid management systems that ensure hygienic environment during surgical procedures involving liquid waste. Moreover, increasing awareness about oral healthcare and prevalence of dental disorders like gingivitis has augmented the patient volume in clinics worldwide, thereby propelling the sales of fluid management systems.
Segment Analysis
The fluid management system market can be segmented into suction/evacuation equipment, intra-oral irrigators, extra-oral equipment, and other products. The suction/evacuation equipment segment dominates the market and accounts for over 30% share due to the high demand for these devices from dental clinics and hospitals for collecting fluids and debris during oral procedures. The growing number of dental procedures performed boosts the demand for efficient suction devices in the dental setup.
PEST Analysis
Political: Favorable dental insurance coverage policies in some countries are driving the demand for quality dental care products like fluid management systems.
Economic: Rising disposable income is enabling people to spend more on dental treatments, benefiting the fluid management market.
Social: Growing dental health awareness is fueling regular dental checkups and treatments, propelling the need for fluid management devices.
Technological: Advancements in cordless and portable fluid management solutions are improving workflow efficiency in dental clinics.
Key Takeaways
Global Fluid Management System Market Value is estimated to be valued at US$ 14.3 Mn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031.
Regional analysis – North America dominates the market currently due to strong demand. The North American region holds the dominant share in the fluid management system market currently due to the expanding dental industry and availability of advanced dental products. With a large number of dental clinics and hospitals, along with rising dental expenditure per capita, the demand for fluid management devices is high in the United States and Canada.
Key players
Key players operating in the fluid management system market are Dentsply Sirona, Ivoclar Vivadent, Modern Dental, 3M, Glidewell, Danaher, Zirkonzahn, Amann Girrbach, Coltene, and Pritidenta. Dentsply Sirona offers a wide range of products under its fluid management portfolio including dry and wet compressors and suction instruments.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
