Global Dental Consumables Market Size, Share, Drivers, Opportunities and Forecast Analysis to 2030
Dental Consumables Market
Dental Consumables are a category
of products that are used on patients by dental practioners to treat prevent,
restore, diagnosis and emergency oral health issues. Dental consumables
industry has thus flourished as a result of many factors such as rising
expenditure on healthcare, increasing income, technological advancements in
products etc.
Dental Consumables Market Size is slated to register a CAGR of 7.35%
and is anticipated to reach USD 52.21
billion by
2030.
Dental procedures are not just restricted to repairing or
treating of dental diseases, another niche market in the dental industry is the
cosmetic dentistry market, which is growing at a steady rate due to the reasons
concerned with enhancing of the overall facial beauty among the masses and
increased disposable incomes. Irregularities or dissatisfaction with the
appearance of the mouth and the oral cavity can lead to a visit for the
cosmetic dentistry purpose. Such treatments are not always just cosmetic, but
it can lead to a better oral health for the overall longevity of a person.
Major Key Players:
Some of Dental
Consumables Market Players are DENTSPLY
Implants, 3M, Straumann AG, Nobel Biocare Services AG., Zimmer Biomet, BIOMET
3i LLC, Sybron, Heraeus Kulzer, Ivoclar Vivadent and others
Market
Segmentation
The global Dental Consumables Market Insights is segmented on the basis of type and region.
On the
basis of type, the global dental consumables market is segmented into dental
restorative materials, dental implants, dental prosthetics, dental regenerative
materials, and others. The dental implants segment held a dominant share of
close to 25% in the global dental consumables market in 2015. Dental implants
are likely to remain the leading revenue generator in the global dental
consumables market over the forecast period due to the growing demand for
dental implants. The increasing prevalence of dental cavities is likely to
drive the demand for dental implants over the forecast period. The increasing
awareness about dental implants among the customers is also likely to be a
major driver for the dental consumables market over the forecast period.
Regional
Analysis
As per the cost ranging
differently in various countries, there is sometimes a lot of difference
observed between countries for the cost of the materials alone, such as dental
implants. Globally, the demand for dental consumables is ever increasing, due to
the changing demographics trends, increasing dental treatments, and other
factors. There is also an increase in the competition among the countries as
well as within the countries as more and more dental care units want to become
prominent and a first choice for the patient. The dental consumables market has
also been affected due to the cosmetic dentistry market, which has shown a
staggering growth in the recent years. Increasing awareness among the people
for the well-being of oral health has also attributed to the factors concerning
the growth. Researches have proved that the overall well-being of the body is
linked with the oral health as a lot of diseases such as heart diseases, flu
transmission, and low birth weight are associated with periodontal disease.
The Americas holds the largest
market share and will continue to lead the marker during the given period due
to high healthcare expenditures, the presence of global players, and high
acceptance of new technologies within the region. Europe is the second largest
market owing to the presence of effective healthcare structure and
well-developed economies.
Asia Pacific region is expected
to grow rapidly. China and India are likely to lead this market due to the
fastest growing healthcare sector during the forecast period. The Middle East
& Africa have the least market share. Additionally, factors such as lack of
awareness, low healthcare expenditures will restrain the market during the
corresponding period.
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