Dental Consumables Market To Witness A Significant Growth Of USD 57.7 Billion By 2030
San Francisco, 4 Jan 2024: The Report Dental Consumables Market Size, Share & Trends Analysis Report By Product Type (Dental Implants, Crowns & Bridges), By End-use (Hospitals, Dental Clinics), By Region (Asia Pacific, North America), And Segment Forecasts, 2024 - 2030
The global dental consumables market size is expected to reach USD 57.7 billion by 2030, based on a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 8.0% from 2023 to 2030. Factors such as increasing demand for cosmetic dental procedures, increased implant usage, growing dental tourism, an aging population, and global economic expansion are driving the market growth. Dental treatments are considered crucial in medical tourism as people travel to other areas and nations for surgeries that are either too costly or unavailable in their native country. In addition, dental specialists keep competing for their business. A wide range of treatment alternatives provided by professionals and cosmetic dentistry has experienced a huge increase in demand for dental consumables over the years.
Emerging economies are also contributing to the growth of the dental industry. Rising income levels are likely to drive the premium category of dental consumables to perform better in developing markets. Simplicity, convenience, and standardization of treatment regimens in industrialized countries, on the other hand, will save chair time and promote market expansion.
The COVID-19 pandemic massively impacted the dental care industry in the initial phase. Many countries were put under lockdown, suspending trade with other nations & imposing travel restrictions, resulting in a drop in the healthcare industry’s progress, particularly dental care. The dental practices were not allowed to operate within the social distance guidelines imposed by the governments. Only emergency cases were allowed. According to the ADA, non-emergency dental procedures were postponed. However, the market has been recovering at a steady speed.
Access Research Report of Dental Consumables Market @ https://www.grandviewresearch.com/industry-analysis/dental-consumables-market-report
Dental Consumables Market Report Highlights
- Based on the product type, the dental implants segment accounted for the largest share of 17.4% in 2023 and is expected to continue the trend throughout the forecast period.
- Based on the end-use, the dental clinic segment held the largest revenue share in 2023 and is likely to grow at a significant CAGR of 8.4% from 2024 to 2030.
- The crowns & bridges market is predicted to develop due to changing demographics and the increased need for CAD/CAM for prosthetics
- North America dominated the global market with a share of 47.9% in 2023 and is expected to maintain the leading position throughout the forecast period. Technological improvements in diagnosis are driving the oral & dental solutions market in North America.
- Asia Pacific is expected to register the fastest CAGR of 9.3% from 2024 to 2030. Rising population and expansion of hospital construction operations in this area are likely to provide several growth opportunities.
Dental Consumables Market Report Scope
Report Attribute | Details |
Market size value in 2024 | USD 36.4 billion |
Revenue forecast in 2030 | USD 57.7 billion |
Growth rate | CAGR of 8.0% from 2024 to 2030 |
Base year for estimation | 2023 |
Historic data | 2018 - 2022 |
Forecast period | 2024 - 2030 |
List of Key Players in the Dental Consumables Market
- Dentsply Sirona
- Straumann Holding
- 3M
- Henry Schein, Inc.
- Patterson Companies, Inc.
- Envista (Danaher Corporation)
- Zimmer Biomet
- Ivoclar
- Align Technology, Inc.
- Benco Dental
Access Press Release of Dental Consumables Market @ https://www.grandviewresearch.com/press-release/global-dental-consumables-market
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