According to Stratistics MRC, the Global Dental Consumables market is accounted for $23.9 billion in 2015 and is expected to reach $38.7 billion by 2022 growing at a CAGR of 7.1% from 2015 to 2022. Rise in aging population, growing dental tourism in emerging economies, occurrence of periodontal diseases, rising income levels and increasing dental care expenditure are significantly boosting the market growth. The high cost & limited reimbursement and lack of experienced dental professionals are barriers associated with market growth. Emphasis on cosmetic dentistry, dental tourism in developing countries and dental laboratories involved in CAD/CAM technology will offer growth opportunities. Advancement of new dentistry technologies, Laser dentistry and economic improvement of the developing nations are some of the trends benefiting the market growth.
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Increased usage of all-ceramic materials like zirconia crowns and bridges are more widespread which will furtherance the market. The dental restoration segment attributed for the largest share in the market. Europe holds the maximum share to the global Dental Consumables market followed by North America. However, Asia-Pacific is expected to project the highest growth rate during the forecast period.
Some of the key players in global Dental Consumables market are Institut Straumann Holding AG, DENTSPLY International, Inc, Zimmer Holdings, Inc., Danaher Corporation, Biomet, Inc., Camlog Biotechnologies AG, Osstem Implant Co., Ltd., Biohorizons, Inc., Ivoclar Vivadent AG, Heraeus Kulzer GmbH, MIS Implants Technologies Ltd., Avinent Implant System, 3M Company, GC Corporation, Osstem Implant Co. Ltd, Patterson Companies, Inc., Henry Schein, Inc., Sirona Dental Systems Inc, Nobel Biocare Holding AG and Ultradent Products.
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