Newark, New Castle, USA, June 08, 2023 (GLOBE NEWSWIRE) -- The market analysis of the global dental consumables market was conducted by Growth Plus Reports in 2022 and is valued at US$ 26.35 billion. The market is expected to hit a revenue CAGR of 6.93% to reach US$ 48.17 billion by 2031.
Analysis of the global market for dental consumables indicates that during the forecast period, revenue share is likely to increase significantly. The market dynamics surrounding dental consumables are influenced by several factors. Firstly, the increasing prevalence of dental caries and periodontal diseases drives the demand for dental consumables. Additionally, the growing aging population, along with changing lifestyles and dietary habits, contributes to the rising need for dental treatments and restorative procedures.
Advancements in dental technology and materials are also driving the market. Innovations such as digital dentistry, CAD/CAM systems, and 3D printing have revolutionized dental workflows, allowing for more accurate and efficient dental restorations. Moreover, the focus on aesthetics and patient satisfaction has led to the demand for cosmetic dentistry, which further propels the dental consumables market.
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Dental Consumables Market Scope
| Report Attribute | Details |
| Market Size Value in 2022 | US$ 26.35 billion |
| Revenue Forecast in 2031 | US$ 48.17 billion |
| CAGR | 6.93% |
| Base Year for Estimation | 2022 |
| Forecast Period | 2023 to 2031 |
| Historical Year | 2021 |
| Segments Covered | Product, End user, and Region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Competitive Landscape
A list of the prominent players operating in the global market for dental consumables includes:
- 3M Company
- Align Technology Inc.
- Carestream Health Inc.
- Dentsply Sirona Inc.
- Envista Holdings Corporation
The market is extremely competitive, with numerous manufacturers and suppliers offering a wide range of dental consumables. These companies continually invest in developmental activities to introduce new and improved products, ensuring enhanced clinical outcomes and patient comfort. Strategic collaborations and partnerships between dental material manufacturers, dental laboratories, and dental professionals are also contributing to market growth.
Furthermore, increasing dental tourism, especially in emerging economies, is driving the demand for dental consumables. Patients traveling to these destinations for cost-effective dental treatments contribute to the market's expansion.
Recently, there has been a growing emphasis on infection control and safety in dental practices. This has led to increased demand for disposable dental consumables, such as gloves, masks, and sterile drapes, to prevent cross-contamination and ensure patient and healthcare provider safety.
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Recent Development in the Dental Consumables Market:
The T3 PRO Tapered Implant with Encode Emergence Healing Abutment was released in the United States in June 2022 by ZimVie Inc.
Market Segmentation:
Based on product, the global dental consumables market is segmented into dental restoration products, orthodontics, periodontics, endodontics, infection control, and others.
The dental restoration products segment accounted for around 25% of the market revenue share in 2022.
The dental restoration products segmented are sub-segmented into dental implants and dental prosthetics.
The orthodontics segment is sub-segmented into clean aligners and fixed braces.
The periodontics segment is sub-segmented into dental anesthetics, dental hemostats, and dental sutures.
Based on end-user, the global dental consumables market is segmented into hospitals and dental clinics.
North America accounted for 47% of the dental consumables market in 2022.
Conclusion
In conclusion, the dental consumables market plays a vital role in supporting oral healthcare and dental procedures worldwide. The market's revenue growth is fueled by the increasing prevalence of dental diseases, technological advancements, the focus on aesthetics, and the rising demand for disposable and infection control products. With ongoing developments in dental materials and techniques, the dental consumables market is poised for continued expansion in the foreseeable future.
Table of Content
- INTRODUCTION
- Market Ecosystem
- Timeline Under Consideration
- Historical Years – 2021
- Base Year – 2022
- Forecast Years – 2023 to 2031
- Currency Used in the Report
- RESEARCH METHODOLOGY
- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
- PREMIUM INSIGHTS
- Current Market Trends (COVID-19 Perspective)
- Key Players & Competitive Positioning (2022)
- Regulatory Landscape
- Reimbursement Scenario
- MARKET DYNAMICS
- Drivers
- Restraints/Challenges
- Opportunities
- GLOBAL DENTAL CONSUMABLES MARKET - ANALYSIS & FORECAST, BY PRODUCT
- Dental Restoration Products
- Dental Implants
- Dental Prosthetics
- Orthodontics
- Clean Aligners
- Fixed Braces
- Periodontics
- Dental Anesthetics
- Dental Hemostats
- Dental Sutures
- Endodontics
- Infection Control
- Others
- Dental Restoration Products
- GLOBAL DENTAL CONSUMABLES MARKET - ANALYSIS & FORECAST, BY END USER
- Hospitals
- Dental Clinics
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