Q4 2023 Leading investment banks as well as analysts continue to make blanket assumptions about companies operating in the dental manufacturing & services space; insightsZ brand analysis reveals that a much more nuanced approach is required.
Earlier this year, we released our article Price Bands of leading clear aligner brands in North America (you can read the full article here). Despite witnessing a dip in brands’ ASP (average selling price) and gross margins, the global clear aligner industry still outperformed the wider dental manufacturing & services market in FY 2023 YTD. Nevertheless, commercial performance remained highly uneven as Mainland China resumed back to normalcy in H2 2023, whereas on the other hand, EU continues to be negatively impacted by poor economic outlook and stumbling consumer confidence.
insightsZ analyzed the Big-4 players in dental space, based on their size of market capitalization. We examined their FY 2023E growth-rates + benchmarked their performance versus market-leading categories.