Northern America: Dental Instruments Market 2024

Dental Instruments Market Size in Northern America

In 2021, the North American dental instruments market decreased by -12% to $X, falling for the second consecutive year after five years of growth. The total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.6% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Dental Instruments Production in Northern America

In value terms, dental instruments production totaled $X in 2021 estimated in export price. Over the period under review, production, however, showed a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 33%. Over the period under review, production attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Dental Instruments Exports

Exports in Northern America

For the third year in a row, Northern America recorded growth in overseas shipments of instruments for dental sciences, which increased by 113% to X units in 2021. Overall, exports saw resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments exports surged to $X in 2021. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States prevails in exports structure, recording X units, which was approx. 96% of total exports in 2021. Canada (X units) held a little share of total exports.

The United States was also the fastest-growing in terms of the instruments for dental sciences exports, with a CAGR of +10.4% from 2012 to 2021. Canada experienced a relatively flat trend pattern. The United States (+5.4 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -5.4% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest dental instruments supplier in Northern America, comprising 89% of total exports. The second position in the ranking was held by Canada ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at +1.5%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, falling by -36.7% against the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 33%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.2%).

Dental Instruments Imports

Imports in Northern America

In 2021, the amount of instruments for dental sciences imported in Northern America soared to X units, growing by 24% against the year before. Overall, imports, however, recorded a relatively flat trend pattern. The volume of import peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, dental instruments imports surged to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X units) was the main importer of instruments for dental sciences, constituting 76% of total imports. It was distantly followed by Canada (X units), comprising a 24% share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of instruments for dental sciences. Canada experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported instruments for dental sciences in Northern America, comprising 81% of total imports. The second position in the ranking was held by Canada ($X), with a 19% share of total imports.

In the United States, dental instruments imports increased at an average annual rate of +6.7% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, picking up by 10% against the previous year. Import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental instruments import price increased by +76.8% against 2012 indices. The most prominent rate of growth was recorded in 2017 an increase of 19%. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.2%).

Source: IndexBox Platform

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