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Dental Consumables Market Projected to Surpass $61.68 Billion by 2030

02-22-2024 07:02 AM CET | Health & Medicine

Press release from: Meticulous Research®

Dental Consumables Market Projected to Surpass $61.68 Billion

[Redding, California] - The global dental consumables market is poised to achieve remarkable growth, reaching an estimated value of $61.68 billion by 2030, exhibiting a robust CAGR of 9.8% from 2023 to 2030. This surge is primarily attributed to various factors such as the increasing prevalence of dental diseases, burgeoning demand for cosmetic dental procedures, rising medical tourism for dental treatments, and the expanding global geriatric population.

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Dental consumables play a pivotal role in addressing diverse dental ailments including tooth restoration, decay, and gum-related issues. These consumables encompass a wide array of products such as dental implants, prosthetics, orthodontic and periodontic solutions. The market growth is further propelled by escalating awareness concerning oral health, the growing significance of dental aesthetics, and the expanding target demographic for dental interventions.

Navigating Through the Impact of COVID-19

The onset of the COVID-19 pandemic triggered significant disruptions across dental practices worldwide. Stringent measures implemented by governments including nationwide lockdowns and social distancing mandates profoundly affected routine dental services. With COVID-19 primarily transmitted through aerosols and droplets, elective dental procedures were postponed, with only emergency cases receiving attention. Consequently, the flow of patients into dental facilities dwindled, exerting financial strain on dental practices globally.

Moreover, the pandemic-induced lockdowns disrupted global supply chains, causing shortages of essential materials crucial for dental treatments. Despite the adversities, dental practices are gradually recuperating, anticipated to reshape market dynamics in the forthcoming years, thus bolstering the demand for dental consumables.

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Insights into Market Segmentation

The global dental consumables market is meticulously analyzed across various segments including product types, materials utilized, end-user categories, and geographical regions. Noteworthy findings include:

Product Segment: Dental implants are projected to dominate the market, attributed to factors such as the growing edentulous population and the increasing emphasis on aesthetic dentistry.

Material Segment: Metals are anticipated to hold the largest market share owing to their extensive utilization in various dental applications and their inherent advantages over other materials.

End-user Segment: Dental clinics & hospitals are poised to command the largest market share, propelled by the high prevalence of dental disorders and the proliferation of established dental chains.

Geographical Insights: North America is expected to lead in market share, driven by the presence of key market players, high penetration of dental treatments, and robust awareness regarding dental care. However, Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period, fueled by rising oral care awareness, increased dental expenditure, and burgeoning dental tourism.

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Key Players:

The report includes a competitive landscape based on an extensive assessment of the product portfolio offerings, geographic presences, and key strategic developments in leading industry market players over the last three to four years. The key players profiled in the global dental consumables market are Institut Straumann Ag (Switzerland), Dentsply Sirona inc. (U.S.), Zimmer Biomet Holdings Inc. (U.S.), Envista Holdings Corporation (U.S.), Dentium Co. Ltd (South Korea), OSSTEM IMPLANT CO., LTD. (South Korea), Medlline Industries, Inc., (U.S.), Kulzer GmbH (Germany), Ultradent Products, Inc. (U.S.), Align Technology, Inc. (U.S.), SmileDirectClub, Inc. (U.S.), Ivoclar Vivadent Ag (Liechtenstein), Koninklijke Philips N.V. (U.S.), Colgate-Palmolive Company (U.S.), and The Procter & Gamble Company (U.S.).

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We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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