Revolutionizing Oral Care: Global Dental Consumables Market Holds a Whopping $45 Billion Opportunity - Ken Research
27 Jun 2023
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Driven by the increasing prevalence of dental problems along with the rising focus on physical attraction and surging demand for cosmetic dentistry, the
Global Dental Consumables Market is forecasted to reach nearly US$ 45 Bn by 2028 says Ken Research Study.
GURUGRAM, India, June 27, 2023 /PRNewswire/ -- Dental Consumables are defined as products used by dental professionals on patients to treat or perform dental procedures associated with diagnostic, restorative, preventive, and emergency oral health issues. Dental hospitals & clinics, and laboratories are the major end-user of dental consumable products.
The demand for dental consumables is increasing globally to treat and diagnose various dental problems including tissue problems, dental caries, dental impairment, and others. The increasing focus on physical appearance is driving the demand for dental consumables to perform cosmetic dentistry, which is expected to propel the growth of the market.
Ken Research shares 5 key insights on this high opportunity market from its latest research study.
According to
Ken Research estimates, the
Global Dental Consumables Market – estimated to be around US$ 30 Bn in 2022 – is expected to grow further into around US$ 45 Bn opportunity by 2028.
1.
Dental Consumables Market is expected to see Stable Growth owing to Rising Prevalence of Dental Problems
The global dental consumables market is expected to witness stable growth during the forecast period owing to the growing cases of dental problems or disorders including tooth erosion, tooth decay, gum diseases, mouth sores, and others.
The increase in the geriatric population who are more prone to dental disorders due to increased gingival recession that exposes the surface of the roots and chronic diseases along with degenerative diseases makes older people more prone to dental infections. In addition, increasing focus on oral hygiene globally is anticipated to fuel the growth of the market.
In March 2022, according to
World Health Organization (WHO), around
2 billion people are suffering from dental caries of permanent teeth globally and
520 million children are suffering from
caries of primary teeth.
2.
Advancements in Dental Technologies is the Major Growth Driver for the Global Dental Consumables market
The advanced technology has the potential to reshape the dental industry by transforming treatments and making the
process faster, simpler, and more efficient which eventually improves the customer experience.
CAD/CAM is the latest technology in the
dental industry, which uses software that makes it possible for dentists to perform complex dental surgeries more efficiently, accurately, and faster.
CAD/CAM is gaining popularity among end users like
hospitals, clinics, and laboratories specially to construct restorations like
veneers, bridges, inlays, crowns, dentures, implant-supported restoration from high-strength ceramic, and others. The introduction of new technologies to make dental procedures more efficient, fast, and accurate is anticipated to fuel the growth of the market in the forecasted period.
In February 2022, Planmeca USA launched a new
wet/dry chairside mill named the
Planmeca PlanMill 35. It is one of the three key components of
the FIT CAD/CAM system and is perfect for dentists who are looking to provide single-visit dentistry to their patients. It allows dentists to select materials
from glass, zirconia, hybrid ceramics, composites and more and also provides improved accuracy, high speed, and ease of use in the scanning process. According to IOPscience, the below figure depicts the patient satisfaction level of getting dental treatment with the help of CAD/CAM technology.
The survey of patient satisfaction was conducted by
IOPscience in
Bosnia and Herzegovina 100 patients participated in the survey and gave their feedback and it was
found that 75.20% reached the highest level of satisfaction with the use of new technology.
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3. High Cost of Dental Treatments is the Most Significant Barrier
The high cost associated with dental treatments, procedures, and consumables along with the lack of proper reimbursement policies for dental surgeries and implants is expected to restrict the growth of the market. The dental equipment including the dental chair, X-ray machines, connection to the compressor, surgical tools, materials, and medications like
anesthesia and others contributes to the extravagant cost.
Moreover, the maintenance of
equipment, rent of hospital or clinics, electricity, technology, and others also adds up to the cost. In addition, it's hard to afford expensive dental treatments, especially in developing countries. According
to The Board of Trustees of the University of Illinois, the treatment for
gum diseases cost between USD 500 to USD 10,000 depending on the severity of the disease. More complicated treatments like
crowns can cost between USD 600 to USD 1,000 and implants can cost around USD 2,000 or more.
4. Dental Hospitals & Clinics hold the major share in the End-User segment
Among the end-user segments, dental hospitals & clinics remained the dominant segment during the
2017-2021 period contributing to maximum market revenue share. Further, the Research Study found that this segment is likely to retain dominance even by 2028. Its dominance is owing to the
growing number of dental hospitals and clinics globally along with the
increasing adoption of new and advanced technologies by small and large dental clinics and hospitals.
Moreover, the increase in dental tourism in emerging markets is anticipated to boost the demand for the segment in the market. In addition, companies are taking initiatives to develop portable dental clinics to provide oral healthcare services, which is expected to fuel the growth of the market.
In
April 2022,
Clowak Innovations a dental tech start-up based in Tamil Nadu, developed a complete set of compact "
Portable Dental Clinic" (PDC) to fill the gap in the transportation of dental care in remote areas. PDC supports dentists to reach
geriatric patients and pregnant women in remote areas.
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5. North America region is expected to Dominate the Dental Consumables Market.
North America region holds maximum market share and dominates the industry owing to a strong
presence of a large number of dental consumables
manufacturers coupled with the rising prevalence of dental caries among North American consumers.
The increase in disposable income along with rising awareness regarding oral hygiene or care is expected to boost the growth of the market in the region. Furthermore, manufacturers of dental consumables are actively involved in strategic developments such as partnerships, acquisitions, launches, and others, which are further expected to augment the growth of the region in the dental consumables market.
In August 2022, Henry Schein, Inc. acquired Midway Dental Supply, a full-service distributor of dental products to clinics and hospitals across the U.S. The acquisition aimed to expand its business in the U.S. and bring new customers on board.
The Research study shows that the increasing prevalence of dental problems globally along with rising awareness about oral health among consumers is increasing the demand for dental treatment, diagnoses, and others in the region are anticipated to augment the growth of the dental consumables market in North America.
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Market Taxonomy
By Treatment
Orthodontic
Endodontic
Periodontics
Prosthodontic
By Product Type
Dental Implants
Whitening Products
Finishing & Polishing Products
Other Dental Consumables
By Materials
Metals
Polymers
Ceramics
Biomaterials
By End-User
Dental Hospitals & Clinics
Dental Laboratories
Others
By Geography
North America
The U.S.
Canada
Mexico
Europe
Germany
The U.K.
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Indonesia
Australia Rest of Asia-Pacific
LAMEA
Latin America
The Middle East
Africa
For more insights on market intelligence, refer to the link below: –
Global Dental Consumables Market
Related Reports By Ken Research:-
Global Respiratory Devices Market Outlook to 2027 Segmented by- product type (Respiratory Consumables, Nebulizers, Oxygen Concentrators, Positive Airway Pressure Devices), by Distribution Channel (Online, Offline), by Country (US, Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), by end-user (Hospitals, Clinics, Others)
According to Ken Research estimates, the Global Respiratory Devices market which grew at a robust CAGR from 2017-2022 & is forecasted to grow steadily from 2022-2027 driven by increase in respiratory illness cases, innovative technologies alongside growing inorganic growth strategies. The rapid growth in global geriatric population, rising incidents of chronic diseases (including COPD & asthma), alongside the cost advantage of home care devices & services are the key factors driving the global respiratory devices market.
US Medical Devices Market Outlook to 2027 by type (Orthopaedic, Cardiovascular, Diagnostic Imaging devices, IVD Devices, MIS Devices, Nephrology Devices, Wound Care, Diabetes Care), by End-User (Hospital, ambulatory service centres, clinics & others)
According to Ken Research estimates, the US Medical Devices Market which grew at a robust CAGR from 2017-2022 & is forecasted to grow steadily from 2022-2027 driven by rising technological implementation, cosmetic procedure market impacting the trends & increasing chronic lifestyle diseases. The report has market segmentation which include segments by type of segment & by End-User. The report includes Porter's five force analysis, growth enablers, recent trends & developments, pain points & solutions. The report concludes with future market projections of each market segmentation and analyst recommendations.
India POCT Market Outlook to 2027F Driven by the increasing incidence of chronic diseases, rising awareness of rapid diagnosis in India
According to Ken Research estimates, the India POCT Market – which grew from approximately ₹ ~2000 Crore in 2017 to approximately ₹ ~5000 Crore in 2022 – is forecasted to grow further into ₹ ~11,000 Crore opportunity by 2027F, owing to the increasing demand for rapid and accurate diagnosis, rising awareness, and increasing government initiatives in India. China is the biggest exporter with a 22% contribution to the import of medical Instruments and consumables followed by the USA and Germany with 18% and 10% respectively.
KSA Medical Devices Market Outlook to 2026 –Driven by increasing prevalence of chronic diseases, growing healthcare awareness and rising healthcare budget in the country
The KSA medical device market is expected to a positive growth in revenue in 2026, with imports contributing highest share to the market revenues. Changes in population composition will drive future healthcare requirements and will create demand for a number of specialisms; pediatrics, lifestyle diseases, long-term care, rehabilitation, home care, and rejuvenation services. Government is planning to invest in private sector integration to create effective strategic partnerships in the pursuit of national health objectives and promotion of fair and comprehensive geographical coverage across all regions of the Kingdom.
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Ankur Gupta, Director Strategy and Growth
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