The Dental Consumables Market is predicted to touch USD 28, 345.3 million at a 5.8% CAGR over the forecast period (2016-2024), states the latest Market Research Future (MRFR) report. Dental consumables, simply put, include products such as dental impression materials, crowns, braces, prosthetics, implants, and others. These products are used to treat various forms of dental disorders, including periodontal diseases, dental caries, dental impairments, problems related to gingival tissues, tooth restoration, and others.
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Various factors are propelling the dental consumables market growth. These factors, as per the new Market Research Future (MRFR) report, include the rise in dental procedures, growing geriatric population, growing demand for cosmetic surgery, growing dental tourism, growing incidences of dental diseases, and increasing disposable income, especially in developing countries. Additional factors propelling market growth include increasing awareness about oral hygiene, support from the government for promoting awareness regarding dental disorders, especially in emerging economies, technological advancements such as CAM and CAD, and growing access to dental facilities. Moreover, increasing incidence of facial trauma, unhealthy eating habits, aging population, demand for minimally invasive dental procedures, constant product innovations, and fall in the dental treatment costs worldwide are also positively impacting the growth of the market.
On the flip side, the soaring price of dental products, limited reimbursement policies, scarcity of skilled dentists, counterfeit products, lack of awareness especially in developing countries, and growing gray market activities are factors that may impede the dental consumables market growth over the forecast period.
Market Segmentation
The MRFR report provides an all-inclusive segmental analysis of the dental consumables market on the basis of type.
Based on type, the dental consumables market is segmented into dental regenerative material, dental prosthetics, dental implants, dental restorative material, and others. Of these, the dental implants segment will have the largest share in the market over the forecast period chiefly due to its burgeoning demand for cosmetic and health reasons.
Regional Analysis
By region, the dental consumables market report covers the latest trends and growth opportunities across Europe, the Americas, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will lead the market over the forecast period. Various factors propelling growth in the region include growing acceptance of new technologies, the presence of global players, high healthcare expenditures, and high spending power.
The dental consumables market in Europe is predicted to have the second-largest share in the market over the forecast period. Various factors propelling growth in the region include the presence of well-developed economies, effective healthcare structure, rising concerns about oral healthcare, and increasing awareness regarding dental care. Besides, the growing scope of the healthcare domain, widespread accessibility of dental healthcare facilities, and burgeoning demand for advanced dental procedures are also boosting the market growth in the region.
The dental consumables market in the APAC region is predicted to grow rapidly over the forecast period.
Various factors propelling growth in the region include the growing awareness regarding the significance of dental treatments, growing dental tourism industry, consumers growing disposable income, and increasing prevalence of dental conditions that need complicated surgical procedures and operations. China, as well as India, are the leading contributors in this region chiefly due to the expanding healthcare sector.
The dental consumables market in the MEA region is predicted to have a minimal share over the forecast period on account of low healthcare expenditures and lack of awareness.
Key Players
Leading players profiled in the dental consumables market report include Nobel Biocare, PLANMECA OY, Dentsply Sirona, American Orthodontics, Patterson Dental, EnvisionTEC, GC Orthodontics, KERR Corporation, Straumann, 3M, Straumann, Septodont, and others. Key players have used strategies such as expansion, acquisition, product development, and innovation to create a niche in the market.
September 2019: New technology invented by Dr. Avinash Bidra to augment dental implant bridges has received US patent. This innovation will work wonders in helping dental technicians and dentists to augment the quality of implant prostheses and also improve outcomes for patients.
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