Press release
Global Dental Consumables Market is expected to grow at a CAGR of 6.89% during the forecast period from 2019-2025
Global Dental Consumables Market 2019, Global Dental Consumables Market Growth and Revenue, Global Dental Consumables Market Trend
"Dental Consumables Market by Product (Implants, Prosthetics, Orthodontics,Endodontics, Infection Control, Others), End User, Regions",and Global Forecast 2019-2026.
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Major players in the global dental consumablesmarket areStraumann Holding AG, Danaher Corporation, DentsplySirona, 3M Company, Henry Schein, Inc., Kuraray Co., Ltd., GeistlichPharma AG, IvoclarVivadent AG, GC Corporation, Mitsui Chemicals Inc., Keystone Dental, Inc., BEGO GmbH & Co. KG, Young Innovations Inc., and Septodont Holding, and Zimmer Biomet Holdings, Inc., among others. Global increase in geriatric population is leading to a steady demand for the dentures. Thus effectively serve this vertical major players increasingly launching newer and innovative products. For instance in 2019, Formlabs announced the launch of 3-D printed dentures. These directly 3-D printed dental prosthetic are tested at length with dental technicians.
The product segment is divided into implants, prosthetics, orthodontics, endodontics, infection control, dental restoration, periodontics, whitening products, finishing & polishing products, and others. Based on the factors such as technological advancements in orthodontic products, presence of a large number of patients with malocclusions, and the growing awareness among customers about advanced orthodontic treatments, the orthodontics segment is projected to grow at an accelerated CAGR of 8.91% over the forecast period.End user is segmented into dental hospitals and clinics, dental laboratories and others. The dental hospitals and clinics segment led the global dental consumables market with a 63.49% share of market revenue in 2018. This increased market share can be attributed to the factors such as global increase in number of people undergoing dental treatment as well as growth of cosmetic dentistry.
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Even though the factors such as advancements in the dental implant techniques, growing prevalence of dental diseases as well as rise of cosmetic dentistry are driving the global dental consumables market. The high cost of treatment, cap on reimbursement associated with the dental treatments and paucity of skilled dentists are the factors that are expected to restrain the growth of the market over the forecast period.
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