How Will The Dental Consumables Market Globally Expand In 2023?
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s dental consumables market report forecasts the dental consumables market size to grow to $46.84 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.
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Dental Consumables Market Size Forecast
The global dental consumables market is expected to grow from $32.94 billion in 2022 to $35.54 billion in 2023, at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The dental consumables market size is expected to grow to $46.84 billion in 2027 at a CAGR of 7.1%.
North America held the largest dental consumables market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Dental Consumables Market Driver – Rise In The Incidence Of Dental Diseases
For instance, according to World Health Organization, a Switzerland-based health organization, in March 2022, nearly 3.5 billion people worldwide suffer from oral disorders. Around 10% of the world’s population suffers from severe periodontal gum disease, which can lead to tooth loss. Additionally, 520 million children worldwide are affected by primary tooth decay, and 2.3 billion adults worldwide have dental caries in their permanent teeth. Therefore, the rising incidence of dental diseases is driving the growth of the dental consumables market.
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Key Dental Consumables Market Trend – Advancing Dental Technologies
Major companies operating in the market are focused on innovating new dental technologies to sustain their position in the dental consumables market. For instance, in June 2021, EnvisionTEC, a US-based company, announced the launch of Flexcera Next Generation 3D Printed Dentures, a proprietary resin technology combining advanced science with 3D printing technology for dental prosthetics that help in providing patients with solutions for stronger, more attractive, and more functional teeth. One of its special advantages is its ability to print up to eight customised Flexcera dentures in less than two hours, delivering on the promise of same-day, premium dental prosthetics. It is three times stronger than some rival resins and has exceptional fracture resistance.
Dental Consumables Market Segment
1) By Product: Dental Implants, Dental Prosthetics, Endodontics, Orthodontics, Periodontics, Retail Dental Care Essentials, Other Dental Consumables
2) By Material: Metals, Polymers, Ceramics, Biomaterials
3) By Application: Dental Clinics, Hospitals, Other Applications
Dental Consumables Market Major Players and Strategies
Major players in the dental consumables market are Straumann Holding AG, Envista Holding Corporation, Dentsply Sirona Inc., 3M Company,, Ivoclar Vivadent AG, Young Innovations Inc., Septodont Holding, Nakanishi Inc., OSSTEM Implant Co., Patterson Companies Inc., Nobel Biocare (Danaher Corporation), Kulzer, Keystone Dental Inc., and Brasseler.
In January 2021, CeramTec Group, a German-based manufacturer and supplier of technical ceramics, acquired Dentalpoint for an undisclosed amount. Through this acquisition, CeremTec Group aims to expand its portfolio in the medical segment and dental markets. Dentalpoint is a Switzerland-based company that manufactures dental consumables, dental prostheses, and equipment.
The Dental Consumables Global Market Report 2023 covers regional data on dental consumables market size, dental consumables market trends and drivers, opportunities, strategies, and dental consumables market competitor analysis. The countries covered in the dental consumables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Dental consumables refer to products that dental professionals or dentists use on patients to treat and carry out procedures related to oral health issues. These include consumables such as implants, prosthetics, braces, crowns, and dental impression materials. Dental consumables are used to treat conditions such as tooth restoration, troubles with the gingival tissues, dental impairments, dental caries, and periodontal illnesses, as well as other dental conditions.
View More Reports Related To The Dental Consumables Market –
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