Market Trends of Netherlands Dental Devices Industry
This section covers the major market trends shaping the Netherlands Dental Devices Market according to our research experts:
Prosthodontic Segment Expects to Register a High CAGR in the Netherlands Dental Devices Market Over the Forecast Period
The prosthodontics segment is expected to witness significant growth in the Netherlands dental devices market over the forecast period owing to the higher adoption of prosthetics, the presence of a well-established healthcare system as well as reimbursement policies, and the growing population in the country.
As prosthodontic dentistry has a wide range of tools used for dental corrections, there is a huge application of prosthodontic equipment. There is an increasing demand for dental prostheses across developing and developed nations due to the rising number of elderly people. However, due to the COVID-19 pandemic, elective and prosthetic dental surgical procedures have been significantly impacted, with all specialties writing various guidelines on managing this crisis. Regulatory bodies have had to triage the urgency of their daily surgical procedures and consider non-surgical management options wherever possible, avoiding all non-emergent practices. However, once the pandemic subsides, the market segment is anticipated to boost to its pre-pandemic levels.
In addition, the dental reimbursement policies in the country are expected to increase the demand for dental treatment and services, which in turn is expected to increase the demand for devices for performing procedures, thereby propelling the market growth. The cost of dental care in the country mainly depends upon the treatment. For instance, a regular dental check-up costs around EUR 23.45, basic dental cleaning is EUR 13.84, and making and reviewing X-rays at EUR 17.28. The reimbursement covers 75% of the dental expenses in the Netherlands. Moreover, the country provides free dental care for children under the age of 18 under basic Dutch health insurance. Thus, the presence of a high-quality healthcare system and reimbursement policies is expected to increase the demand for dental procedures, which in turn is expected to increase the market growth over the forecast period.
Therefore, the due to aforementioned factors the studied market is expected to increase over the forecast period.
