Press release
Dental Consumables Market Expected to Reach USD 68.28 Billion by 2030
The Dental Consumables Market is about to undergo a major transformation, fueled by technological evolution, changing consumer oral care preferences and aggressive investments in the dental consumables space. According to new estimates, the market is anticipated to increase from USD 35.90 billion in 2023 to USD 68.28 billion in 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.62% during the forecast years.Request Sample Link For More Details: https://www.maximizemarketresearch.com/request-sample/32370/
Market Size, Growth Opportunity and Market Overview
Dental consumables products include all the items used by dental professionals while performing dental treatment diagnosis, restoration and of preservation of oral health and surgical procedures. Here are the major factors leading to the increased demand for these consumables,
The increasing incidence of dental disorders is expected to drive growth of the antimalarial low molecular weight drugs market- The WHO estimates more than 2.3 billion people worldwide with dental caries of permanent teeth, and 520 million children with caries of primary teeth. This increasing incidence highlights need for efficient dentistry treatments and this in turn is driving the market for the dental consumable.
Breaking In: The addition of Computer-Aid Design and Computer-Aid Manufacturing (CAD/CAM) technologies in creating long-lasting and accurate dental components. Such innovations are minimally invasive, meaning shorter recovery periods and greater patient comfort.
Aesthetic Dentistry: The growing awareness on appearance has led to more people opting for cosmetic dentistry procedures. As there is a growing consumer demand for aesthetic improvements, many treatments are highly dependent on dental consumable.
Investments and Trends in the U.S. continued
All American Dental Products: Key Trends and Investments in Dental Consumables Sector in 2024
KKR Takes Stake in Henry Schein: Private-equity firm KKR has taken a stake in the medical and dental supply company Henry Schein. The transaction is intended to bolster the operations of Henry Schein while also demonstrating the continuing appeal of the dental consumable sector to institutional FIG investors.
Market needs are: Align Technology announced an decrease in Q3 revenues driven by a weakened demand for clear aligners, especially in the younger patient segment. This led to a restructuring plan promoting the idea of having to be adaptable based on market rays.
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Segmentation of Market and Segments Dominating the Market
Under dental consumables market, it is classified based on the type of products with few segments holding the largest shares of the market.
Dental Implants: This segment accounts for a large market share due to the higher adoption of implants in tooth replacement procedures. This segment led the market in 2022 and is expected to grow rapidly as consumers prefer stronger as well as aesthetically pleasing teeth.
Competitive Analysis
The dental consumables market is characterised by key players that regularly innovate and adapt to maintain share in the competitive dental consumables market.
Dentsply Sirona: One of the largest manufacturers worldwide, providing a broad array of dental equipment, consumables, and software solutions. This innovation culture improves the quality of patient services and the productivity of dental practices around the world.
Henry Schein Inc.: Leading distributor of health care products and services, including dental and medical supplies. KKR plans to use its recent investment to help the company grow its operations and fill out its sales force.
Straumann Group: A leader in dental implants, prosthetics, and digital dentistry solutions, Straumann drives innovation by providing dental professionals the tools to offer advanced patient care.
Colgate-Palmolive Company: Best known for oral care and a key player in health and hygiene, Colgate-Palmolive has a range of dental consumables to meet consumer demand across the globe.
GlaxoSmithKline Plc (GSK): A healthcare company, GSK produces pharmaceuticals, vaccines and consumer healthcare products, with several oral health offerings that include numerous dental consumables used worldwide and which are available to improve health outcomes.
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Regional Analysis
As per regions, the dynamics of the dental consumables market are as follows:
United States: The dental market in United States is expected to grow from USD 11.60 Billion in 2024 to USD 36.15 Billion by 2034, at a CAGR of 12.02% during the forecast period. This growth is attributed to the increasing awareness about oral health and rising prevalence of oral health diseases.
U.K.: The dental market in U.K. is supported by government initiatives aiming to improve oral hygiene and incorporation of advanced dental technologies, thereby contributing to its growth.
Germany: Germany's focus on healthcare infrastructure and dental technology makes it one of the key markets for dental consumables in Europe.
France: France with its growing supply of dental consumables is driven by preventive dental care and public awareness campaigns.
Japan: The aging population and the use of advanced dental technologies have strengthened the market outlook of dental consumables in Japan.
China: As the largest population base, the gradually increasing awareness of oral health and the consumer's first demand is growing rapidly.
Conclusion
Technological advancements and investments continue to grow, and this is expected to create dynamic growth in the dental consumables market, which will further focus on oral health. The growth of the market can be attributed to increasing incidence of dental disorders, advancements in dental technologies, and changing consumer preferences for aesthetic dentistry. Enterprises that have pushed the envelope and kept up with the changing face of the market.
Explore our top-performing reports on the latest trends:
♦ Dentures Market https://www.maximizemarketresearch.com/market-report/dentures-market/167397/
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♦ X-ray Tubes Market https://www.maximizemarketresearch.com/market-report/global-x-ray-tubes-market/82426/
♦ Medical Aesthetics Market https://www.maximizemarketresearch.com/market-report/global-medical-aesthetics-market/29882/
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