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Global Dental Consumables Market Size - Industry Trends & Forecast Report 2027 Global Dental Consumables Market Size - Industry Trends & Forecast Report 2027

Global Dental Consumables Market Size - Industry Trends & Forecast Report 2027 - PDF document

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Uploaded On 2021-06-23

Global Dental Consumables Market Size - Industry Trends & Forecast Report 2027 - PPT Presentation

Global Dental Consumables Market was worth USD 261 Billion in 2020 and is further projected to reach USD 478 Billion by 2027 at a CAGR of 86 during 20212027 forecast period ID: 846849

(Implants Prosthetics Orthodontics Endodontics Infection Control Periodontics Whitening Products

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Global Dental Consumables Market Gaining Impetus: Projected to touch USD 47.8 Billion by 2027, growing at the CAGR of 8.6 % during the forecast period (2021 - 2027) Global Dental Consumables Market Size - Industry Trends & Forecast Report 2027 Summary Global Dental Consumables Market, Product (Implants, Prosthetics, Orthodontics, Endodontics, Infection Control, Periodontics, Whitening Products, Finishing Products, Sealants, Splints), End - Us er (Dental Hospital & Clinic, Laboratory, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Trend Analysis, Competitive Market Share & Forecast, 2021 - 2027 A study, recently conducted by the strategic consulti ng and market research firm, BlueWeave Consulting , revealed that the global dental consumables market was worth USD 26.1 Billion in the year 2020. The market is estimated to grow at the CAGR of 8.6 %, earning revenue of around USD 47.8 Billion by the end of 2027. Dental consumables are the tools used to treat dental problems such as tooth restoration, gum disease, and dental hygiene. Factors contributing to the growth of the dental consumables market are the rise in dental diseases and the increase in the geriatric population. However, the high cost of dental treatment and limited reimbursement policies ham pers the dental consumables market . View report Press release Sample report Global Dental Consumables Market Gaining Impetus: Projected to touch USD 47.8 Billion by 2027, growing at the CAGR of 8.6 % during the forecast period (2021 - 2027) Global Dental Consumables Market Size - Industry Trends & Forecast Report 2027 The Global Dental Consumables Market was worth USD 26.1 Billion in 2020 and is further projected to reach USD 47.8 Billion by 2027, at a C AGR of 8.6% during 2021 - 2027 (forecast period). Increasing awareness among the population for maintaining good oral health is becoming a way of lifestyle living globally. On the other hand, rising gums, diseases, and the threat of oral cancer are the facto rs responsible for the growth of the dental consumables market. The main restraints hindering the market from attaining greater profitability are the limited reimbursement policies, high costs, shortage of dental professionals, and the pricing burden faced by the leading market players of dental consumables. Global Dental Consumables Market Overview: Equipment used in the dental workplace for treating patients called dental consumables. Dental consumable products contain many products such as bridges, crowns, orthodontics wires, and other biomaterials. Due to rising awareness of dental health in many r egions, the dental consumables industry is increasing in recent years. In addition, the increasing geriatric population, growing gum diseases, and increasing acceptance of cosmetic dentistry, immediate access to dental facilities drive the global dental c onsumables market. However, poor diet, excessive intake of sugar, and increased alcohol consumption are some restraints in the growth of the dental consumables market. Global Dental Consumables Market Forecast and Trends Growth Drivers The rise in the in cidences of various dental problems Excessive occurrence of dental diseases and rise in the aging population, which is more disposed to dental disorders and tooth loss responsible for driving the dental consumables market growth. Cavities are also one of t he dental conditions, which is caused by various factors like bacteria in your mouth and regular, snacking, taking sugary drinks. The basic reasons behind all these teeth conditions are not using the right toothpaste or whether not brushing the teeth for a long enough time or brushing the teeth too hard. Some diseases, which are positively contributing to dental problems are diabetes, anemia, and eating disorders. Growing demand of cosmetic industry One of the reasons responsible for the growth of the den tal consumables market is the rising demand for cosmetic dentistry. The critical components for development in cosmetic dentistry are dental crowns and bridges. The significant population undergoing cosmetic industry are women. In addition, millennials and baby boomers have increased the demand for cosmetic dentistry, contributing a large portion of the growth in the revenue of the dental consumables market. This Global Dental Consumables Market Gaining Impetus: Projected to touch USD 47.8 Billion by 2027, growing at the CAGR of 8.6 % during the forecast period (2021 - 2027) industry has been developed over the years with new dental materials that allow superior result s. Restraints Insurance driven patients The most difficult aspect for dentists is dealing with insurance - driven customers, who frequently base their dental care decisions primarily on their insurance coverage rather than what they require. Many insurance companies provide only two cleanings a ye ar, and sometimes that should be done within a stipulated time, such as six months from the exact date. This complicates treatment because, when doctors ask patients to return in three months, they frequently respond, "My insurance only covers two cleaning s per year." If they don't cover it, I'm not ready to pay.” Such individuals typically turn up as per time provided in their insurance policy, whether they require antibiotics, surgery, or anything else. Impact of COVID - 19 in the industry The outbreak of COVID - 19 has wreaked havoc on almost every industry. COVID - 19 has a devastating effect on the dental industry. When COVID - 19 was declared a pandemic, several dentists opted to suspend their practices and instead use telemedicine to avoid having to see pat ients face to face. After a while, they started prescribing antibiotics over the phone. Until the pandemic is over, dentists, particularly endodontists, believe that delivering face - to - face consultations can increase the chances of contracting the virus. A s a result, there is a lack of adequate dental treatment for everyone, with only emergency care available. Global Dental Consumables Market: By Product Based on the product type, the dental consumables market is divided into Implants, Prosthetics, Orthod ontics, Endodontics, Infection Control, Periodontics, Whitening Products, Finishing Products, Sealants, and Splints. Among these, the dental implants segment led the dental consumables market and captured a significant overall market share. High biocompati bility, Osseointegration, and durability are the main factors contributing to the dominance of the dental implants segment of the global dental consumables market. Additionally, the growing popularity of laser treatment among the population is supporting t he growth of the dental implants segment. Global Dental Consumables Market: By End User Based on end user, the dental consumables market is categorized into Dental Hospital & Clinics, and Laboratory. Dental Hospital & Clinics segment is expected to lead the dental consumables market during the estimated period. 3D printing and digital dentistry are some of the latest technologies used in hospitals and dental clinics, leading to the dominance of this segment. In addition , CAD/CAM Global Dental Consumables Market Gaining Impetus: Projected to touch USD 47.8 Billion by 2027, growing at the CAGR of 8.6 % during the forecast period (2021 - 2027) (computer - assisted design, computer - assisted manufacture), cone - beam CT, digital X - rays, intra - oral camera, dental lasers, and optical scanners are some of the latest digital technologies used in the hospital & dental clinics, which are driving m arket growth. Global Dental Consumables Market – Regional Insights Based on region, the dental consumables market can be grouped into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Among all the regions, North America is dominating the global dental consumable market due to the increasing geriatric population, rising dental deformities, and increasing access to dental facilities. On the other hand, the Asia Pacific is projected to be the fastest - growing region during the forecast period due to growing dental disorders among the population and increased awareness regarding dental health and treatment among the masses. Increased medical tourism and the growth of local players involved in the production of dental consumables are also adding to the demand for dental consumables in this region. Recent Developments In May 2021, Henry Schein One's Digital Dental Exchange (DDX®), a web - based service, integrated with Planmeca Romexis® open platform software. The collaboration wil l improve communication between practices and laboratories, provide seamless integration between practice management software and lab management apps, and make data sharing between practices and labs simple. In April 2021, Ultradent Products, Inc., a lea ding developer, and manufacturer of high - tech dental materials and equipment purchased majority ownership of Vamasa SA de CV, a premier distributor of dental products in Mexico. Competitive Landscape Key players in the global dental consumables market ar e Medline Industries, Inc., LaunchPad Medical, Inc., Heraeus Kulzer Inc., Danaher Corp., Dentsply International Inc., Henry Schein Inc., Zimmer Dental Inc., Ultradent Products, Inc., Nobel Biocare, Biomet Inc., Patterson Companies, Ivoclar Vivadent AG, 3M ESPE, and Septodont and other key manufacturers. The market for dental consumables offers a lot of room for growth. As a result of research and improved dental education, more individuals are realizing that the mouth is the gateway to the body and that o ral hygiene affects one's overall health and wellness. Owing to increasing consumer awareness regarding oral health, market players are consistently focusing on advanced technologies and also engaging in mergers and acquisitions to expand their market shar e and consumer base. Global Dental Consumables Market Gaining Impetus: Projected to touch USD 47.8 Billion by 2027, growing at the CAGR of 8.6 % during the forecast period (2021 - 2027) Scope Attribute Details Years Considered Historical data – 2017 - 2020 Base Year – 2020 Forecast – 2021 – 2027 Facts Covered Revenue in USD Million Market Coverage U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, Argentina, AUAE, South Africa, Saudi Arabia Product/Service Segment ation By Product, By End Users, By Region Key Players Key players for global dental consu mables market are Medline Industries, Inc., LaunchPad Medical, Inc., Heraeus Kulzer Inc., Danaher Corp., Dentsply International Inc., Henry Schein Inc., Zimmer Dental Inc., Ultradent Products, Inc., Nobel Biocare, Biomet Inc., Patterson Companies, Ivoclar Vivadent AG, 3M ESPE, and Septodont. and other key manufacturers. · By Product o Implants o Prosthetics o Orthodontics o Endodontics o Infection Control o Periodontics o Whitening Products o Finishing Products o Sealants o Splints · Global Dental Consumables Market Gaining Impetus: Projected to touch USD 47.8 Billion by 2027, growing at the CAGR of 8.6 % during the forecast period (2021 - 2027) By End Users o Dental Hospital & Clinic o Laboratory o Others · By Region o North America o Latin America o Europe o Asia Pacific o Middle East o Africa Global Dental Consumables Market Gaining Impetus: Projected to touch USD 47.8 Billion by 2027, growing at the CAGR of 8.6 % during the forecast period (2021 - 2027) About us Blueweave Consulting offers a one - stop solution for your market intelligence needs for any service or product. You get well - researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well informed and tim ely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk - return trade - off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavours successful. For more information, kindly visit our Website www.blueweaveconsulting.com contact us at info@blueweaveconsulting.com Global Dental Consumables Market Gaining Impetus: Projected to touch USD 47.8 Billion by 2027, growing at the CAGR of 8.6 % during the forecast period (2021 - 2027)