Introduction
The dental market in china has experienced explosive growth over the past decade, with numerous domestic brands emerging globally in both dental materials and equipment. However, due to various factors including the COVID-19 pandemic, the once fiercely competitive investment landscape in the dental sector has seen a decline in funding for two consecutive years. According to “Dental Lab Overview,” which analyzed public data, the total investment in the dental industry for the first half of this year (January to June) amounted to approximately $285 million (involving 11 cases), compared to $428 million (10 cases) in the first half of 2023 and $898 million (26 cases) in the first half of 2022.
Key Highlights
Six of the investment deals this year exceeded $15 million, accounting for over half of the total. Notable investments include:
Meiguang 3D (Jiangsu) received nearly $15 million in strategic financing.
Kangjian Miaomiao (Zhejiang) secured nearly $15 million in Series B funding.
Oral care brand Oclean received $15 million in Series C financing.
Wenzhou Kangjian Medical Investment Co., Ltd. invested $17 million in building a medical industrial park.
The Yangtze River Delta Dental Valley expansion in Wuxi received an additional $86 million in investment.
Aidite listed on the A-share market and raised $121 million.
Notable Companies and Projects
Meiguang 3D Technology Co., Ltd., known as the “hidden champion” of northern Jiangsu, received investment led by Yueda Automotive Industry Fund and Huagong Technology.
Kangjian Miaomiao (Hangzhou) Pharmaceutical Co., Ltd., a comprehensive product provider for the dental ecosystem, completed nearly $15 million in Series B financing.
In April, digital oral health brand Oclean received $15 million in Series C financing, which will be used for R&D, construction of a smart production base in Yangzhou, and overseas operations.
On June 2, Foshan Wenzhou Kangjian Medical Equipment Co., Ltd., known as the capital of dental instruments in china, invested $17 million in a digital medical industrial park.
On June 29, at the Digital Oral Industry Development Conference in Wuxi, six dental industry chain projects were signed, with a total investment of $86 million.
Aidite (Qinhuangdao) Technology Co., Ltd. （301580.SZ）listed on the Shenzhen Stock Exchange on June 26, with a market capitalization of $906 million. The company raised approximately $121 million for projects including the Aidite Dental Industrial Park and digital dental service platform.
Overseas Acquisitions
The new policies on dental implant procurement have sparked significant interest among well-known china companies, leading to strategic acquisitions in the high-quality implant segment. Notable acquisitions include:
Aojing Medical’s acquisition of German HumanTech Dental GmbH for €3.246 million.
Aidite’s acquisition of a 67.87% stake in Korean implant brand WARANTEC.
Emerging Companies
Two companies established less than two years ago have attracted capital:
Zhejiang Yabei Meisu Technology Co., Ltd., focusing on facial growth management for children aged 0-12, received over $1.5 million in Pre-A financing.
Hunan Qinghao Puzhong Technology Co., Ltd., a dental new material company, disclosed completion of tens of millions of yuan in new financing, led by Century Changhe and Jiu Rui Investment.
Conclusion
The investment landscape in the dental industry in china is shifting towards niche segments with high growth potential and founders with specialized expertise. The Yangtze River Delta and Pearl River Delta remain key areas of capital interest. While the dental care product sector has cooled, capital is accelerating itschess jargon in digital dental clusters. Established dental companies are seeking new growth trajectories, adapting to the post-implant procurement market and exploring new development paths through overseas acquisitions. Despite a perceived “downgrade” in consumption, the dental health sector continues to evolve and upgrade, with domestic brands expanding overseas and new industry ecosystems forming. The development of new dental industry forces in china is driving transformation in the sector, and future prospects remain promising.
(Note: This article is a comprehensive statistical analysis based on data disclosed by relevant media. Due to limitations in time, effort, and perspective, omissions are inevitable. We sincerely hope readers will understand.)
Leave a Reply