Fluid management systems play a vital role in dental practices by properly disposing waste fluids and maintaining hygiene. These systems efficiently collect fluids from dental processes such as saliva, blood, water, and mercury. They protect dental practitioners and staff from exposure to infectious fluids. The growing prevalence of dental caries and periodontal diseases is boosting the need for routine dental checkups and procedures. This is increasing the volume of fluids produced at dental clinics on a daily basis. Moreover, rising awareness about oral healthcare and hygiene maintenance among people is propelling the demand for effective fluid management.
The global Fluid Management System Market is estimated to be valued at US$ 14.3 Mn in 2024 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 key trends:
One of the key trends witnessed in the fluid management system market is the introduction of wireless and portable systems. Manufacturers are focusing on developing innovative portable systems that can be moved around easily within the dental clinic. For instance, Dentsply Sirona provides Prophyflex, a cordless and lightweight fluid management system. Ivoclar Vivadent offers Piezon Master 700, a portable system optimized for contemporary endodontic procedures. Such portable systems eliminate the dependence on fixed fluid lines running to the dental unit. This provides better flexibility and mobility to dental practitioners during operations. The growing preference for portable and cordless systems will continue to gain traction in the upcoming years.
Porter’s Analysis
Threat of new entrants: Low to medium as it requires high technical capabilities and infrastructure to establish production facilities but easy to enter through distribution.
Bargaining power of buyers: Medium to high as large buyers such as dental clinics can negotiate on prices, but fluid management systems are necessities.
Bargaining power of suppliers: Low to medium as raw materials are commodity chemicals but suppliers of key components have some control over pricing.
Threat of new substitutes: Low as there are no close substitutes for fluid management systems used in dental procedures.
Competitive rivalry: High as the market has few large players and many mid-sized companies competing on technology, quality, and pricing.
Key Takeaways
The global Fluid Management System market is expected to witness high growth. Global Fluid Management System Market Value is estimated to be valued at US$ 14.3 Mn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031.
The North American region dominates the market currently due to higher adoption of advanced dental practices. Factors such as increasing dental tourism and rising disposable incomes in developing Asian countries are expected to boost the Asia Pacific market significantly during the forecast period. Asia Pacific is projected to witness the highest CAGR during the forecast period with India and China emerging as lucrative markets. Growing medical tourism and increasing healthcare spending will drive the regional growth.
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, Pritidenta. These players are focusing on new product launches and enhancements to gain more market share.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it