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Dental Consumables Market Overview 2022 | Asia-Pacific is expected to grow at the highest CAGR of 7.6% from 2017 to 2023

06-30-2022 08:01 PM CET | Health & Medicine

Press release from: Allied Market Research

According to a new report published by Allied Market Research, titled, Dental Consumables Market by Product: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global dental consumables market was valued at $38,921 million in 2016, and is projected to reach $55,584 million in 2023 at a CAGR of 5.2% from 2017 to 2023

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The major factors that drive the growth of the global dental consumables market include rise in prevalence of dental diseases, surge in geriatric population, which is prone to tooth loss, increase in awareness towards oral health, and rise in dental tourism. However, high cost of dental products and limited reimbursement policies are expected to restrain the market growth.

Conversely, huge untapped market potential in the emerging countries, such as China and India, and high adoption of cosmetic procedures are expected to provide lucrative opportunities to the market players.

Key Findings of the Dental Consumables Market:

Retail dental care essentials segment accounted for more than three-fifths share of the global dental consumables market in 2016.
Orthodontics segment is expected to grow at a CAGR of 8.2% from 2017 to 2023.
Crown segment accounted for more than two-fifths share of the dental prosthetics market in 2016.
Dental wash solutions segment is expected to grow at a CAGR of 4.5% from 2017 to 2023.
Metals segment accounted for around three-fifths share of the global dental implants & prosthetics market in 2016.
Europe accounted for nearly two-fifths share of the global market in 2016.
Asia-Pacific is expected to grow at the highest CAGR of 7.6% from 2017 to 2023

North America accounted for more than one-third share of the global market in 2016, and is expected to remain dominant throughout the forecast period. This is attributed to the increase in incidence of dental diseases, growth in geriatric population, rise in patient awareness about the availability of treatment options, and favorable reimbursement framework in the region. In addition, high adoption rate of dental consumables and presence of highly sophisticated healthcare infrastructure are expected to present new growth opportunities to the players in this market.

Dental Consumables Market Key Segments:

By Material
Metals
Polymers
Ceramics
Biomaterials

The list of key players profiled in this report include 3M Company, Colgate-Palmolive Company, Danaher Corporation, Dentsply Sirona Inc., Institut Straumann AG, Ivoclar Vivadent, Koninklinje Philips N.V., OSSTEM IMPLANT Co., Ltd., Procter & Gamble, and Zimmer Biomet Holdings, Inc.

The major factors that drive the growth of the global dental consumables market include rise in prevalence of dental diseases, surge in geriatric population, which is prone to tooth loss, increase in awareness towards oral health, and rise in dental tourism. However, high cost of dental products and limited reimbursement policies are expected to restrain the market growth. Conversely, huge untapped market potential in the emerging countries, such as China and India, and high adoption of cosmetic procedures are expected to provide lucrative opportunities to the market players.

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David Correa
Portland, OR, United States
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help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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