U.S. Dental Equipment and Supplies Market Experiences Modest Growth with Rising Opportunities for Importers

Medical And Dental Instruments May 27, 2016
Author: Sergey Avramenko
Head of Global Markets Research Team

The U.S. takes third place in global imports of dental equipment and supplies (with a 9% share, based on USD), following China (32%) and Korea (10%). In 2015, U.S. dental equipment and supplies imports totaled 1,496 million USD, which was 53 million USD (+4%) above the previous year's imports.

From 2007 to 2015, imports of dental equipment and supplies in the U.S. showed steady growth, with an annual increase of +3.9% throughout the analysed period. In 2010, the U.S. dental equipment and supplies imports surpassed the pre-recession level of 2008.

Despite fierce competition, the U.S. continues to be one of the most attractive destinations for overseas suppliers.

Germany (445 million USD) was the main supplier of dental equipment and supplies to the U.S., comprising 29.8% of U.S. imports. It was followed by China (16.6%), Switzerland (12.5%), and Japan (8.9%). Among the leaders, China had the highest growth rates of imports between 2007 and 2014, with a CAGR of +8.7%. Other countries in the US import structure also showed growth.

From 2007 to 2015, China strengthened its position in the U.S. import structure, while Germany and Japan saw a reduction in their shares. The shares of the other leaders remained relatively stable throughout the analysed period.

From 2007 to 2015, the U.S. was a net importer of dental equipment and supplies. However, exports grew faster than imports on average over the period under review.

Net U.S. imports of dental equipment and supplies have shown a slight negative trend since 2008. In 2015, this industry ran a trade deficit of 121 million USD, which amounted to approximately 8% of gross imports.

Source: U.S. Dental Equipment And Supplies Market. Analysis And Forecast to 2020