Dental Consumables Market Share Estimated to Reach US$ 46,282.9 Million with an 7.8% CAGR by 2027 | Medline Industries, LaunchPad Medical, Heraeus Kulzer Inc., Danaher Corp.

Global Dental Consumables Market

Overview:

Dental consumables are specially manufactured materials and designed as per the requirement of dental complications. Dental consumables include products such as prosthetics, implants, crowns, braces, dental impression materials, and others. They are widely used to treat dental disorders such as dental caries, dental impairments, problems associated with gingival tissues, tooth restoration, and periodontal diseases.

The global dental consumables market is estimated to account for US$ 25,521.2 Mn in terms of value by the end of 2027.

Drivers:

Increasing prevalence of untreated tooth decay is expected to augment the growth of the global dental consumables market. For instance, as reported by the Centers for Diseases Control and Prevention (CDC), during 2011-2016, the prevalence of untreated tooth decay in primary teeth was 10% among children aged 2 to 5 years of age and 16% among those 6 to 8 years of age.

Furthermore, growing geriatric population across the globe is expected to propel growth of the global dental consumables market. For instance, according to the U.S. Census Bureau, by 2034, there will be 77 million people ages 65 years and older compared to 76.5 million 18 and under.

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Restraints:

Excise tax on medical devices and lack of proper reimbursement policies is expected to hinder growth of the global dental consumables market. For instance, the Affordable Care Act in the U.S. imposes an excise tax of 2.3% on manufacturers and importers of medical devices, such as dental implants.

Opportunities:

Increasing adoption of 3D printing is expected to provide significant growth opportunities to the players in the market. For instance, in 2019, Carima announced the launch of the DM400d, a new large-scale DLP 3D printer to manufacture dental models.

Furthermore, rapid growth in dental tourism is to provide significant growth opportunities to players active in the global dental consumables market. For instance, as per the U.S. Bureau of Economic Analysis, Americans spent US$ 2.6 billion on medical and dental tourism in 2018.

Market Taxonomy:

By Product Type:

• Dental Implants
• Crowns & Bridges
• Dental Biomaterials
• Orthodontics
• Endodontics
• Periodontics
• Retail Dental Care Essentials and Others

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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Market Trends/Key Takeaways:

The availability of free dental care services is expected to aid in the growth of the global dental consumables market. For instance, in February 2020, Seattle/King County Free Health Clinic in the United States offers those services for free.

Moreover, increasing number of dentists is expected to propel the growth of the market. For instance, as reported by the American Dental Association, the number of dentists in the U.S. increased from 199,486 in 2018 to 200,419 in 2019.

Competitive Landscape:

Key players active in the global dental consumables market are LaunchPad Medical, Inc., Medline Industries, Inc., Heraeus Kulzer Inc., Dentsply International, Danaher Corp., Henry Schein Inc., Henry Schein Inc., Ultradent Products, Inc., Zimmer Dental Inc., Nobel Biocare, Patterson Companies, Biomet Inc., Ivoclar Vivadent AG, Septodont, and 3M ESPE.

Key Developments:

Players in the market are adopting various strategies, such as mergers and acquisition (M&A), to expand their product portfolio. For instance, in January 2020, Medline Industries announced the acquisition of Médi-Sélect, a Quebec City-based medical and dental supplies distributor to join its Medline Canada operations.

Moreover, some player are engaged in research and development. For instance, in September 2019, LaunchPad Medical received approval from the Food and Drug Administration to initiate a two-site, 20-patient pilot clinical study to evaluate the safety and efficacy of Tetranite (bone adhesive biomaterial) to immediately stabilize dental implants for tooth extractions.