Dental Consumables Segment by Type to Lead Dental Market during 2021–2028
According to our latest study on “Dental Market Forecast to 2028 – COVID-19 Impact Analysis – by Type and Application,” the market is expected to grow from US$ 30,287.91 million in 2021 to US$ 52,105.14 million by 2028; it is estimated to grow at a CAGR of 8.1% from 2021 to 2028. The report highlights the key factors driving the market growth and prominent players with their developments in the dental market. Rising incidence of dental diseases, increase in demand for dental cosmetic procedures, growing incidence of malocclusions in children, and technological developments are expected to boost the global dental market growth. However, the limited reimbursement for dental products is restraining the growth of dental market. Dental cosmetic surgery is one of the most common cosmetic procedures globally. According to the American Society for Plastic Surgery (ASPS), cosmetic dentistry experienced a 47% increase in cosmetic procedures by people aged 51–64 years. The increasing focus on body aesthetics, surge in the aging population, willingness to spend directly, and rising awareness about oral hygiene are also driving the growth of the market. Hungary has emerged as the top destination in Europe for dental tourism with ~7,000 visitors every year, which is mainly attributed to the availability of good-quality dental cosmetic procedures at lower costs. A root canal treatment in the US starts from US$ 550, while in Hungary, it costs ~US$ 69 only. A zirconium crown costs over US$ 1,250 on average in the US, while it is only US$ 440 in Hungary. A vast middle-class population in Europe undergoes these procedures due to the high urge to have enhanced aesthetic appeals. Moreover, easy accessibility and practicality of dental and reforming surgical procedures are the major factors driving its popularity. According to the World Health Organization, the Global Burden of Disease Study 2016 estimated that oral diseases that affected half of the world’s population (3.58 billion people) with dental caries (tooth decay) in permanent teeth is the most prevalent condition assessed. As per the FDI World Dental Federation, oral disorders impact ~3.9 billion people worldwide, with periodontal (gum) disease affecting 15– 20% of middle-aged adults. Thus mentioned above factors support the growth of the market.
Dental is a phrase used to describe an individual's oral health, which includes their teeth, gums, and mouth. Numerous diseases and disorders can affect a person's dental health and failure to properly care for oral health might lead to other serious health problems. Dental products are used to treat dental issues and diseases.
Based on type, the global dental market is categorized into dental restorative, dental orthodontics, dental consumables, and other specialties. The dental consumables segment held the largest share of the market in 2021. However, the dental orthodontics segment is anticipated to register the highest CAGR during the forecast period. Based on application, the dental market is segmented into hospitals, dental clinics, and others. The hospitals segment held the largest share of the market in 2021; however, the dental clinic segment is estimated to register the highest CAGR during the forecast period.
Dentsply Sirona; Danaher; Align Technologies; Ivoclar Vivadent AG; 3M; Carestream Dental LLC.; Zimmer Biomet; Ultradent Products Inc.; Planmeca OY; and Shofu Global are among the leading companies operating in the dental market.
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