PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1400969
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1400969
Dental Consumables Market size was valued at USD 34,145 Million in 2022, expanding at a CAGR of 8.5% from 2023 to 2030.
Dental consumables encompass a wide array of products that are utilized by dental professionals in their daily dental practice. These consumables play a crucial role in oral care, dental treatments, and upholding proper hygiene standards. The purpose of these consumables may vary depending on the specific dental procedure and discipline. They are extensively employed in a majority of dental procedures. Cotton products, for instance, are commonly utilized due to their absorbent qualities, which aid in moisture control. The utilization of these consumables is indispensable for delivering comprehensive dental care, as their proper use ensures the well-being of patients and maintains a sterile and efficient clinical environment. Dental professionals consistently manage and replenish these consumables to ensure the provision of optimal dental services to their patients.
Dental Consumables Market- Market Dynamics
The rising geriatric population facing oral disorders is expected to drive the growth of the Dental Consumables market.
The growth of the Dental Consumables market is expected to be driven by the increasing number of elderly individuals with oral disorders. As the aging population experiences tooth loss, there is a growing need for dentures, bridges, and implants. The demand for dental consumables used in preventive care, restorative treatments, and maintenance also rises due to the prevalence of oral disorders. According to the US Census, it is projected that by 2060, the number of US adults aged 65 years or older will reach 98 million, accounting for 24% of the overall population. Oral diseases, although largely preventable, impose a significant health burden on many countries and impact individuals throughout their lives, causing pain, discomfort, disfigurement, and even mortality. The WHO Global Oral Health Status Report (2022) estimates that approximately 3.5 billion people worldwide are affected by oral diseases, with three out of four affected individuals residing in middle-income countries. Additionally, globally, around 2 billion people suffer from caries of permanent teeth, while 514 million children suffer from caries of primary teeth. Moreover, ongoing technological advancements such as digital dentistry and 3D printing offer opportunities for the development of advanced and efficient dental consumables. However, the market growth may be hindered by stringent regulatory requirements and approval processes for dental consumables.
Dental Consumables Market- Key Insights
As per the analysis shared by our research analyst, the global Dental Consumables market is estimated to grow annually at a CAGR of around 8.5% over the forecast period (2023-2030)
Based on product type segmentation, Dental Implants was predicted to show maximum market share in the year 2022
Based on End-user segmentation, Hospitals was the leading type in 2022
On the basis of region, Europe was the leading revenue generator in 2022
The Global Dental Consumables Market is segmented based on Product Type, End-user and Region.
The market is divided into eight categories based on product type: Dental Implants, Crowns and bridges, Dental Biomaterials, Orthodontic Materials, Endodontic Materials, Periodontics Materials, Dentures, CAD/CAM Devices, Retail Dental Hygiene Essentials, and Others. The market is primarily dominated by the dental implants segment. With the global demand for dental implants steadily increasing, it has a significant impact on the progress and usage of different consumables, thereby driving advancements in both sectors.
The market is divided into two categories based on End-user: Hospitals and Dental Clinics. The market is primarily dominated by the Dental Clinics segment. Consumables have a crucial role in prosthetic and implant dentistry as they aid in the creation and placement of dental prosthetics.
Dental Consumables Market- Geographical Insights
Geographically, this market extent across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further categorized based on the countries involved in business activities. The market growth is anticipated to be dominated by Europe, primarily due to the rise in funding for oral healthcare facilities. In the second year of the COVID-19 pandemic, health expenditure in Germany reached 474.1 billion euros, as reported by Statistisches Bundesamt. Oral diseases are increasingly being recognized as one of the most common health conditions in Europe, affecting almost half of the European population. Dentists play a crucial role in primary prevention by using their social influence to promote positive behavioral changes in their patients, families, and communities. They are widely regarded as role models for oral hygiene. The market growth in the forecast period is expected to be driven by Asia Pacific and North America, owing to the growing prevalence of oral diseases.
The dental consumables market is a highly competitive industry that presents both opportunities and challenges for U.S. manufacturers. To increase export competitiveness, U.S. companies must overcome market access barriers and expand their share in the global import market. The global dental market, particularly in Southeast Asia and Latin America, shows promising growth potential for U.S. dental products. U.S. dental consumables manufacturers are renowned internationally for their innovative and technologically advanced products, as well as their value proposition. To stay ahead in the industry, it is essential for manufacturers to continuously develop cost-effective cleaning products that align with the evolving cleaning technologies in industrial and institutional applications. Moreover, meeting industry standards and regulations requires high-performance products that can fulfill specific requirements. To stay competitive, companies need to analyze the level of innovation in product development and technology adoption, and invest in new materials, digital technologies, and manufacturing processes.
On August 3, 2023 Declaring that its primary focus will be on the core Oral Care technologies used in its health care business, 3M has successfully sold a portion of its dental local anesthetic portfolio to Pierrel S.p.A. located in Seefeld, Germany.
The scope of this report covers the market by its major segments, which include as follows: