According to Precision Business Insights (PBI) latest report the global dental consumables market size is valued at USD 28,752.4 million in 2021.
According to Precision Business Insights (PBI) latest report the global dental consumables market size is valued at USD 28,752.4 million in 2021. Over the forecast period, free dental and vision care services are expected to boost the global dental consumables market forward. However, a shortage of dental experts in nations like the United States is projected to limit market expansion. The increased cost of dental treatment and limited reimbursements are also projected to limit the market's growth to some extent.
Dental Hospitals And Clinics Segment Dominates the Dental Consumables Market:
The dental consumables market is divided into three categories: dental hospitals and clinics, dental laboratories, and other end users. In 2021, the dental hospitals and clinics segment held the most significant proportion of the global dental consumables market. The substantial proportion of this segment may be ascribed to the growing number of dental clinics and hospitals around the world, small and large dental clinics and hospitals rapidly adopting new technologies and expanding dental tourism in emerging economies.
North America Leads Dental Consumables Market:
The North American dental consumables market was valued at USD 7,438.3 billion in 2021, owing to the increased prevalence of edentulism due to poor eating habits, which is expected to boost demand for dental implants in the future years. An increasing elderly population in the United States compared to other developed countries, rising demand for cosmetic dentistry, and government-supported dental reforms in developed countries are all driving the industry. As consumers in wealthy countries boost their healthcare and cosmetic spending, the market for dental consumables is likely to grow rapidly. The growing population and hospital construction activities in this region are likely to provide several growth opportunities. As a result, rising markets, including India, China, Japan, Australia, and South Korea, are likely to rise significantly over the forecast period.
Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
Global dental consumables market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance,
Based on the Product:
Based on the End-user:
Key player's profiles in the dental consumables market report are Straumann, Danaher Corporation, Dentsply Sirona, Zimmer Biomet Holdings, 3M Company, Ultradent Products, Young Innovations, Mitsui Chemicals, GC Corporation, Henry Schein, Dentatus USA Ltd.
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