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Dental Consumables Market 2018 to worth USD at 28,345 million with Top Vendors are American Orthodontics, Henry Schein, Dentsply Sirona, etc. - Finds MRFR till 2024
Dental Consumables Market
A new study conducted by Market Research Future (MRFR) claims that the Dental Consumables Market in North America will surge at an impressive CAGR of 6.5% during the forecast period (2017-2023) to reach a valuation in excess of USD 2,100 Mn.
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A modern consumer is much more aware about benefits of healthy leaving. Aspects such as good health and hygienic lifestyle are a priority for the millennial population.
In North America, the incidences of oral disorders and conditions such as dental cavities, tooth decay, dry mouth, gum disease and oral cancer among others are on the rise. Several reasons including negligence and genetics are quoted for vulnerability to and severity of such oral issues. Centers for Disease Control and Prevention revealed that 64 percent of adult Americans aged 18-64 had a dental visit in 2015. The U.S. remains the most important market for dental consumables in North America.
Presence of prominent dental care providers in the region has augured well for market players. Moreover, fast adoption of advanced dentistry techniques is also creating opportunities for dental consumables in the region. Factors as such are expected to support the growth of the market in North America during the review period. Availability of cutting-edge dental treatments and procedures further acts as a positive influence on the dental care domain in the U.S. and Canada. Many of the manufacturers are actively focusing on product innovation and development of purpose build dental consumables.
Dental Consumables Market - Competitive Dashboard:
American Orthodontics
Henry Schein
Dentsply Sirona
Danaher Corporation
Planmeca Oy
Institut Straumann
GC orthodontics and Kerr Corporation.
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Latest Industry Trends and News:
CALCIVIS, a preventive dentistry solution provider has recently unveiled a novel imaging system in the U.K. Reportedly, this system is a world-first that enables real-time visualisation and detection of active demineralization - an initial sign of dental erosion and caries.
Leading dental equipment and dental consumables producer, Dentsply Sirona has recently launched an updated version of its CEREC Premium Software. The version will have a slew of new features with functional improvements.
Dental Consumables Market - Regional Outlook:
The U.S. currently commands for a considerable share of the market and is likely to hold its asserting position in the region during the assessment period. This is mainly owing to factors such as the higher healthcare expenditure and the fast adoption of advanced products in the country. The country remains a prominent destination for investors owing to the presence of favorable growth indicators. Healthcare continues to be an important growth engine for the U.S. economy, the sector currently accounts for nearly 16% of the total GDP of the country. Such figures point out towards a progressive direction for the market in North America over the next couple of years.
Increased level of awareness about oral health among consumers is encouraging market players to step up their investment in North America. In addition, rising number oral cosmetic surgeries is creating growth opportunities for the market. Meanwhile, cost of dental procedures such as composite bonding, teeth whitening, implants and inlays & onlays continues to rise in both the U.S. and Canada. Other factors that are likely to support the growth of the market include increasing geriatric population and improvement in oral care giving. The overall outlook towards the dental consumables market in North America remains highly positive for the medium term.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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