Dental Consumables Market
Dental Consumables are a category of products that are used on patients by dental practioners to treat prevent, restore, diagnosis and emergency oral health issues. Dental consumables industry has thus flourished as a result of many factors such as rising expenditure on healthcare, increasing income, technological advancements in products etc.
Dental Consumables Market is slated to register a CAGR of 6.2% and is anticipated to reach USD 49.0 Billion by 2027.
Dental procedures are not just restricted to repairing or treating of dental diseases, another niche market in the dental industry is the cosmetic dentistry market, which is growing at a steady rate due to the reasons concerned with enhancing of the overall facial beauty among the masses and increased disposable incomes. Irregularities or dissatisfaction with the appearance of the mouth and the oral cavity can lead to a visit for the cosmetic dentistry purpose. Such treatments are not always just cosmetic, but it can lead to a better oral health for the overall longevity of a person.
Major Key Players:
Some of Key Dental Consumables Market Players are DENTSPLY Implants, 3M, Straumann AG, Nobel Biocare Services AG., Zimmer Biomet, BIOMET 3i LLC, Sybron, Heraeus Kulzer, Ivoclar Vivadent and others
Market Segmentation
The global dental consumables market is segmented on the basis of type and region.
On the basis of type, the global dental consumables market is segmented into dental restorative materials, dental implants, dental prosthetics, dental regenerative materials, and others. The dental implants segment held a dominant share of close to 25% in the global dental consumables market in 2015. Dental implants are likely to remain the leading revenue generator in the global dental consumables market over the forecast period due to the growing demand for dental implants. The increasing prevalence of dental cavities is likely to drive the demand for dental implants over the forecast period. The increasing awareness about dental implants among the customers is also likely to be a major driver for the dental consumables market over the forecast period.
Regional Analysis
As per the cost ranging differently in various countries, there is sometimes a lot of difference observed between countries for the cost of the materials alone, such as dental implants. Globally, the demand for dental consumables is ever increasing, due to the changing demographics trends, increasing dental treatments, and other factors. There is also an increase in the competition among the countries as well as within the countries as more and more dental care units want to become prominent and a first choice for the patient. The dental consumables market has also been affected due to the cosmetic dentistry market, which has shown a staggering growth in the recent years. Increasing awareness among the people for the well-being of oral health has also attributed to the factors concerning the growth. Researches have proved that the overall well-being of the body is linked with the oral health as a lot of diseases such as heart diseases, flu transmission, and low birth weight are associated with periodontal disease.
The Americas holds the largest market share and will continue to lead the marker during the given period due to high healthcare expenditures, the presence of global players, and high acceptance of new technologies within the region. Europe is the second largest market owing to the presence of effective healthcare structure and well-developed economies.
Asia Pacific region is expected to grow rapidly. China and India are likely to lead this market due to the fastest growing healthcare sector during the forecast period. The Middle East & Africa have the least market share. Additionally, factors such as lack of awareness, low healthcare expenditures will restrain the market during the corresponding period.
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