Dental Consumables Market 2020 Global Trends, Key Vendors, Regional Analysis, Import & Export, Revenue by Forecast 2024
Dental Consumables Market Overview
Dental Consumables are a category of products that are used on patients by dental practioners to treat prevent, restore, diagnosis and emergency oral health issues. Dental consumables industry has thus flourished as a result of many factors such as rising expenditure on healthcare, increasing income, technological advancements in products etc.
Dental procedures are not just restricted to repairing or treating of dental diseases, another niche market in the dental industry is the cosmetic dentistry market, which is growing at a steady rate due to the reasons concerned with enhancing of the overall facial beauty among the masses and increased disposable incomes. Irregularities or dissatisfaction with the appearance of the mouth and the oral cavity can lead to a visit for the cosmetic dentistry purpose. Such treatments are not always just cosmetic, but it can lead to a better oral health for the overall longevity of a person.
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Furthermore, rapid population growth in America has consistently contributed to the upscaling of the North American dental consumables market. Various repairs and preventive care measures associated with the oral health of the population in North America has contributed majorly to the augmentation of the dental consumables market. According to the American Dental Association, 52.3% adults reported that they visited the dentist every six months, 15.4% visited once a year, and 11% visited every 2 to 3 years, in 2014. These statistics further support the prediction that the dentistry market is ever growing.
Other factors propelling the dental consumables market in North America to also include the prevalence of dental illnesses, rising number of dental procedures and the increasing geriatric population. Additionally, increasing government support towards research & development, mounting healthcare expenditure, and technological developments have pushed the North America dental consumables market to a great extent. However, inadequate reimbursement policies and the grey dental distribution market are likely to hinder the dental consumables market growth in the forecast period.
Dental Consumables Market Detailed Regional Analysis
In North America, the U.S. is estimated to grow at a significant rate owing to a mounting expenditure on healthcare. Further, rapid adoption of the latest products in the U.S. is expected to drive the dental consumables market in the region. High concentration of healthcare companies in the developed countries in the region, along with mushrooming insurance penetration are also likely to fuel exponential market growth in North America. The U.S. is anticipated to spearhead the North America dental consumables market, reaching a revenue valuation of USD 1,570 million by the end of the forecast period of 2017-2023. Such growth in the country can be attributed to a highly health-conscious population residing in the region. Also, growing geriatric population, proliferating number of dental procedures and rising prevalence of dental diseases due to poor oral hygiene are significant contributors to the substantial growth of the dental consumables market in the U.S.
Dental Consumables Market Segmentation
The North America dental consumables market has been segmented on the basis of type. The segments based on type include dental prosthetics, dental restorative materials, dental implants, and dental regenerative material. The dental implants segment ruled the North America market in 2016 and is estimated to exhibit the fastest growth during the review period. The dental implants segment expected to reach a market valuation of USD 2,103.9 million by the end of 2023.
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Dental Consumables Market Key Players
The North America dental consumables market boasts the presence of numerous noteworthy players that are influencing the growth curve in the forecast period. These market players have been profiled in the latest report published by Market Research Future (MRFR). Some of these vendors include Institut Straumann AG, Henry Schein, Inc, Patterson Dental Supply, Inc., Dentsply Sirona, Kerr Corporation, Danaher Corporation, GC orthodontics, Planmeca Oy, and American Orthodontics.
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