The North America Dental consumables market is valued at $6.475 USD billion for the year 2015 and is poised to reach $7.48 USD billion by the end of 2020 at a CAGR of 2.94%. Generally, dental consumables are used for the treatment of dental disorders such as problems associated with gingival tissues, tooth restoration and dental impairments. With the shift in patient’s choice trends and upsurge in the demand for cosmetic dentistry, the dental consumables market is showing high potential for growth.
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The North America Dental Consumables market can be segmented Dental Burs, Whitening Materials, Dental Anaesthetics, Dental Biomaterials, Dental Syringes, Dental Prosthetics and Endodontics. And by End Users the market is Segmented into Hospitals, Research and Academic Institutes & Forensic labs. Within the forecast period, the market is expected to be dominated by the orthodontics owing to the growing popularity of cosmetic dentistry. The crowns & bridges segment accounts to one-fourth of market with ceramic CAD/CAM – which is a section within the crowns and bridges market, is exhibiting great potential.
Furthermore, on the basis of geography, the North America market is analysed under various regions namely, USA and Canada. The American dental-service economy generates roughly $60 billion per year in patient fees and practice activity, an amount that has been growing due demographics and patient behaviour as well as technology and dental-care access. The United States has the largest share in dental equipment market followed by Canada and Mexico. The growing incidences of oral health problem in North America is propelling the growth of the market.
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Increasing geriatric population in USA compared to other developed nations, rising demand for cosmetic dentistry, government-supported dental reforms in developed countries are the key factors driving the growth of the market. With the surge in healthcare and cosmetic expenditures of people in the developed countries, the market for dental consumables is set for a high growth.
However, lack of awareness among the people regarding the available technologies in the market, dearth of appropriate reimbursement policies by governments, high cost of treatment, and regulatory requirements are turning out to be key challenges for North American dental equipment market.
DENTSPLY International Inc. occupies the market leader position in the North America dental consumables market. This can be credited to the company’s wide-ranging product portfolio. Some of the key players in the North America dental consumables market include, Biomet 3I, 3M ESPE Dental Solutions, Henry Schein, Inc., Sybron Dental Specialties, Patterson Companies, Inc., Ivoclar Vivadent Ag, Zimmer Dental, Straumann, Danaher, Sirona, Heraeus Dental and Align Technology
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