2024-2033 Dental Consumables Market: Key Insights on Growth Opportunities
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What is the Expected Growth Trajectory for the Dental Consumables Market by 2033?
The size of the dental consumables market has seen a substantial uptick in recent times. There is expected to be a rise from $35.52 billion in 2023 to $38.19 billion in 2024, with a compound annual growth rate (CAGR) of 7.5%. The growth observed in the historic period can be traced back to the proliferation of dental disorders, heightened awareness about oral hygiene, an increase in cosmetic dentistry procedures, governmental efforts towards oral health care, the lean towards less invasive dental care approach, and a growth in disposable income.
In the coming years, the dental consumables market is anticipated to witness robust growth. It is projected to expand to $50.45 billion by 2028, progressing at a compound annual growth rate (CAGR) of 7.2%. The growth during the forecast period is projected to be driven by factors such as customized dental consumables, economic expansion in developing markets, increase in teledentistry services, focus on preventive dentistry, environmental sustainability, and a patient-centric approach. Key trends anticipated during the forecast period include advancements in material technology, the expansion of implant dentistry, a shift towards minimally invasive dentistry, e-commerce, online sales channels, an emphasis on infection control, sustainability, and eco-friendly practices.
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What Factors Are Leading to Growth in the dental consumables Market?
The escalating occurrence of dental health conditions is anticipated to stimulate the expansion of the dental consumables market in the future. Dental health conditions, which encompass oral cancer, gum disease, and cavities, are among the most prevalent issues affecting our oral wellbeing. They can be counteracted by regular dentist check-ups and appropriate tooth hygiene practices such as correct teeth brushing and flossing. Dental consumables play a significant role in treating dental disorders like tooth restoration and problems linked to gingival tissues. For example, a report by World Health Organization, a health organization based in Switzerland, specified in March 2022 that approximately 3.5 billion people globally are grappling with oral disorders. Severe periodontal gum disease, which can result in tooth loss, impacts roughly 10% of the global population. Moreover, primary tooth decay affects about 520 million children globally, while 2.3 billion adults have dental caries in their permanent teeth. Thus, the growing prevalence of dental health conditions is fuelling the progress of the dental consumables market.
Which Segments Play a Key Role in Understanding the Dental Consumables Market?
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
What Trends Are Emerging as Game-Changers in the Dental Consumables Market?
Emerging dental technologies have become a prevalent trend in the dental consumables sector. Large enterprises functioning within this industry are prioritizing the innovation of new dental technologies to maintain their standing. For instance, EnvisionTEC, a company based in the US, unveiled its Flexcera Next Generation 3D Printed Dentures in June 202This proprietary resin technology, which integrates advanced scientific processes with 3D printing technology, delivers solutions for sturdier, more appealing, and more efficient dental prosthetics. One remarkable benefit of Flexcera is the capacity to print up to eight individualized dentures in less than two hours, which upholds the commitment to same-day, high-quality dental prosthetics. It is triple the strength of some competing resins, and possesses superior fracture resistance.
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North America was the largest region in the dental consumables market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental consumables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Dental Consumables Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the dental consumables market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Dental Consumables Market Include
1. Dental Consumables Market Executive Summary
2. Dental Consumables Market Segments
3. Dental Consumables Market Size And Template Market Growth Rate
4. Key Dental Consumables Market Trends
5. Major Dental Consumables Market Drivers
……
25. Key Mergers And Acquisitions In The Dental Consumables Market
26. Top Dental Consumables Companies
27. Dental Consumables Market Opportunities And Strategies
28. Dental Consumables Market, Conclusions And Recommendations
29. Appendix
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