Dental Industry Market Information By Discipline (Endodontics, Restorative Dentistry, Prosthodontics, Periodontics, Orthodontics, Cosmetic Dentistry, and Oral Surgery), By Consumables (Resin Composites, Dental Biomaterial, Dental Aesthetic, Endodontic Supplies, Gingival Retraction Material, and Whitening Material), By End-User (Hospitals & Clinics Specialty Dental Centers, and Dental Academic & Research Institutes), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2030
Dental Industry Market Overview:
The dental industry market size is projected to reach approximately USD 60.37 billion by 2030, at a CAGR of 6.9% from 2022 to 2030. The rising incidence of dental illnesses, rising costs for dental care, and rising demand for cosmetic dentistry are all factors contributing to the global market’s expansion. The market is expanding due to a number of other factors, including an increase in oral cancer incidence and technical advancements in the dental sector. Significant factors that are anticipated to promote the growth of the global dental industry market include the rising prevalence of dental problems and the rising demand for aesthetic dentistry. Dental caries is a condition that affects both children and adults very frequently.
Dental Industry Market Segmentation:
The primary market segments for the dentistry industry worldwide are end user, consumables, and discipline. Endodontics, restorative dentistry, prosthodontics, periodontics, orthodontics, cosmetic dentistry, oral surgery, and maxillofacial surgery are the disciplines into which the market has been divided. The market has been broken down into categories based on consumables, including resin composites, dental biomaterial, dental aesthetics, endodontic supplies, gingival, retraction material, whitening material, denture glue, dental imprint, dental burs, and dental syringe. The dental academic and research institutes, hospitals and clinics, and specialist dental facilities make up the market’s end-user segments.
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Dental Industry Market Regional Analysis:
The Americas, Europe, Asia-Pacific, and Middle East & Africa are the four regions into which the worldwide dentistry industry market has been divided. The growing elderly population, which is vulnerable to many dental disorders, the rising prevalence of dental disorders driving up demand for dental procedures, and the need for a preventive, restorative, and surgical device for dental care are all contributing factors to the Americas’ market share of 31.8%. The ageing population is also contributing to the expansion of the dentistry sector market. The number of people 65 and older in the Americas climbed from 37.2 million in 2006 to 49.2 million in 2016, according to the Administration for Community Living.
Europe is expected to experience considerable growth over the course of the forecast period due to the existence of more patients who are susceptible to dental disorders, the availability of cutting-edge dental goods, and an increase in the demand for cosmetic dentistry in the area. Furthermore, dental and oral illnesses are among the most common problems in Europe, which emphasises the need for better care. As a result, the EU region’s need for dental equipment is growing, which is accelerating the market’s expansion. The accessibility of cutting-edge diagnostic and therapeutic solutions is also significantly contributing to the expansion of this industry.
The region with the fastest growth rate is predicted to be Asia-Pacific between 2020 and 2027. This is because there are many pharmaceutical businesses that specialise in oral care, there are many dental disorders, and there are more government initiatives. The expansion of the regional industry is also being fueled by various government measures to promote the healthcare sector. The rise of the dentistry sector market in the region is also being driven by the rising disposable income of middle-class families, who make up a significant portion of the population in Asia, which is encouraging increased expenditure on health.
Due to the growing number of dental-related businesses and subsidiaries operating in the Middle East and Africa (MEA) as well as the region’s rising demand for dental cosmetic procedures, the dental industry’s market in MEA is expanding. Additionally, customers in Saudi Arabia, particularly children, are very concerned about the country’s low understanding of oral healthcare. According to the WHO, there are between medium and high rates of dental caries among children in Saudi Arabia. Due to an increase in per capita income and an overall rise in dental care spending, the oral care market is anticipated to experience enormous development.
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Dental Industry Market Key Players:
Companies as the key players in the global dental industry market are 3M (US), Bisco, Inc. (US), Coltene Group (US), Envista Holdings Corporation (US), Dentsply Sirona (US), DMG Chemisch-Pharmazeutische, Fabrik GmbH (Germany), GC Corporation (Japan), Henry Schein, Inc. (US), i-dental (Lithuania), Ivoclar Vivadent AG (Liechtenstein), Indigodental GmbH (Germany), Kettenbach (Germany), Kulzer (Germany), Lascod (Firenze), SDI Limited (France), Septodont Inc. (France), Shofu Incorporated (Japan), Laboratorios SL (Argentina), Tokuyama Corporation (Japan), Ultradent Products, Inc. (US), Voco GmbH (Germany), and Zeyco (Mexico).
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