Allied Market Research recently published a report, titled, “Dental Consumables Market by Product [Dental Implants (Root-Form Dental Implants and Plate Form Dental Implants), Dental Prosthetics (Crowns, Bridges, Dentures, Abutments, Veneers, and Inlays & Onlays), Endodontics (Endodontic Files, Obturators, and Permanent Endodontic Sealers), Orthodontics (Brackets, Archwires, Anchorage Appliances, and Ligatures), Periodontics (Dental Sutures and Dental Hemostats), Retail Dental Care Essentials (Specialized Dental Pastes, Dental Brushes, Dental Wash Solutions, Whitening Agents, and Dental Floss), and Other Dental Consumables (Dental Splints, Dental Sealants, Dental Burs, Dental Impression Materials, Dental Disposables, Bonding Agents, Patient Bibs, and Aspirator Tubes & Saliva Ejectors)] – Global Opportunity Analysis and Industry Forecast, 2017-2023”
According to the report, the global dental consumables market accounted for $41.06 billion in 2016 and is projected to reach $55.58 billion in 2023, registering a CAGR of 5.2% during the period 2017–2023. The research provides a detailed analysis of the industry dynamics, key market segments, market size & estimations, top investment pockets, and competitive landscape.
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The report splits into product, material, and region. Based on product, the report is divided into dental implants, dental prosthetics, endodontics, orthodontics, periodontics, retail dental care essentials, and other dental consumables. The report provides in-depth analysis of each segment by dividing it segment into various sub-segments to offer reader valuable insights about the market.
The retail dental care essentials segment held the largest share in 2017, contributing nearly two-thirds of the market share and is expected to continue its dominance throughout the study period. This is attributed to increase in awareness of oral health, growth in number of awareness programs initiated by governmental and non-governmental organizations, and rise in incidence of dental caries & other periodontal diseases. However, the periodontics segment is projected to manifest the fastest CAGR of 12.2% during the forecast period, owing to rapid development of new technologies, surge in awareness regarding the periodontics methods.
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The report also analyzes the dental consumables market according to geography. Europe held the largest share in 2017, contributing more than one-third of the total market, owing to rise in awareness about various dental-related technology and high incidence of dental disorders that result in dental restoration. However, the Asia-Pacific region is projected to manifest the fastest CAGR of 7.6% throughout the period, owing to rise in geriatric population and increase in awareness regarding dental disorders in the emerging economies.
The report includes major companies such as 3M Company, Dentsply Sirona Inc., Colgate-Palmolive Company, Institut Straumann AG, Danaher Corporation, Ivoclar Vivadent, OSSTEM IMPLANT Co., Ltd., Koninklijke Philips N.V., Procter & Gamble, and Zimmer Biomet Holdings, Inc. They have adopted various strategies such as mergers & acquisitions, collaborations, partnerships, and others to gain a strong position in the industry.
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