Fior Markets launched a study titled “Dental Consumables Market by Product (Implants, Prosthetics, Orthodontics,Endodontics, Infection Control, Others), End User, Regions”,and Global Forecast 2019-2026.
The global dental consumables market is expected to grow from USD 26.93 Billion in 2018 to USD 45.89 Billion by 2026, at a CAGR of 6.89% during the forecast period from 2019-2026.Worldwide decrease in the dental treatment costs, increasing incidence of dental diseases, rise of cosmetic dentistry segment as well as rapid development of dental tourism industry in the Asia Pacific region is anticipated to propel the global dental consumables market over the forecast period.
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The orthodontics segment is anticipated to grow at a CAGR of 8.91% in 2019-2026
The product segment is divided into implants, prosthetics, orthodontics, endodontics, infection control, dental restoration, periodontics, whitening products, finishing & polishing products, and others. Based on the factors such as technological advancements in orthodontic products, presence of a large number of patients with malocclusions, and the growing awareness among customers about advanced orthodontic treatments, the orthodontics segment is projected to grow at an accelerated CAGR of 8.91% over the forecast period.
The dental hospitals and clinics segment had a market value of USD 17.10 billion in 2018
End user is segmented into dental hospitals and clinics, dental laboratories and others.The dental hospitals and clinics segment led the global dental consumablesmarket with USD 17.10 billion revenue in 2018. This increased market share can be attributed to the factors such as global increase in number of people undergoing dental treatment as well as growth of cosmetic dentistry.
Even though the factors such as advancements in the dental implant techniques, growingprevalence of dental diseases as well as rise of cosmetic dentistry are driving the global dental consumables market. The high cost of treatment, cap on reimbursement associated with the dental treatments and paucity of skilled dentists are the factors that are expected to restrain the growth of the market over the forecast period.
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Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. On account of considerable geriatric population coupled with increasing prevalence of dental problems and presence of world class dental care facilities, the Europe region dominated the global dental consumables market with USD 10.62 billion revenue in 2018. However the Asia Pacific region is anticipated to grow at the highest CAGR of 8.97% over the forecast period.
Major players in the global dental consumables market are Straumann Holding AG, Danaher Corporation, DentsplySirona, 3M Company, Henry Schein, Inc., Kuraray Co., Ltd., GeistlichPharma AG, IvoclarVivadent AG, GC Corporation, Mitsui Chemicals Inc., Keystone Dental, Inc., BEGO GmbH & Co. KG, Young Innovations Inc., and Septodont Holding, and Zimmer Biomet Holdings, Inc., among others.
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