Dental Consumables Market Overview
The global dental consumables market is expected to exhibit a solid 5.8% CAGR over the forecast period from 2019 to 2024, according to the latest research report from Market Research Future (MRFR). The global dental consumables market is expected to reach a valuation of USD 28.3 billion by 2024. The research report profiles the global dental consumables market in great detail and provides readers with a comprehensive overview of the market. The market’s historical growth trajectory, present conditions, and future growth prospects are studied in the report. The report provides a comprehensive overview of the market’s historical growth trajectory by detailing the historical stats regarding the market. Future projections are based on the detailed historical stats offered in the report.
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Based on this platform, future projections for the dental consumables market’s growth trajectory over the forecast period are provided in the report. The report also profiles the leading players in the global dental consumables market and gives readers a comprehensive analysis of the leading players in the global dental consumables market. The report also profiles the major drivers and restraints affecting the global dental consumables market. The factors making the market tick and those holding the market back are studied in detail in the report. The impact of the COVID-19 pandemic on the dental consumables market is also assessed in the report.
Dental consumables are products used in dental surgeries and other procedures. These products are consumable, i.e. they are consumed during the process of surgery and not recovered for reuse. The growing number of dental procedures has been the major driver for the global dental consumables market over the last few years. The growing awareness about dental health has been a major driver for the dental consumables market, as this has led to a growing number of dental surgeries and other procedures.
The growing geriatric population is likely to be a major driver for the global dental consumables market, as this has driven the demand for dental procedures, and thus for dental consumables.
Dental Consumables Market Competitive Leaderboard:
Leading players in the global dental consumables market include Nobel Biocare (part of Danaher Corporation), PLANMECA OY, Dentsply Sirona, American Orthodontics, Patterson Dental, EnvisionTEC, GC Orthodontics, KERR Corporation, Straumann, 3M, and Septodont. Developing eco-friendly and naturally acquired dental consumables is likely to be a key strategy for players in the global dental consumables market over the forecast period. Expanding the production capacity is also likely to be a major tactic for players in the global dental consumables market.
Dental Consumables 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.
Dental Consumables Market Regional Analysis:
The global dental consumables market is set to be dominated by the Americas over the forecast period. Widespread awareness about dental diseases and oral health is the major driver for the dental consumables market in the Americas over the forecast period. The U.S. is likely to remain the leading regional market in the region due to the presence of advanced capabilities in the field of dental surgeries and other procedures.
Asia Pacific is likely to grow at a rapid growth rate over the forecast period. Growing awareness about dental procedures among consumers is likely to be the major driver for the dental consumables market in Asia Pacific over the forecast period.
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