Showing posts with label Global Dental Products Manufacturers. Show all posts
Showing posts with label Global Dental Products Manufacturers. Show all posts

Thursday, February 23, 2023

Global Dental Consumables Market is expected to record a positive CAGR of ~ 7% during the forecast period (2022-2028): Ken Research

 Buy Now

What Is the Size of Global Dental Consumables Industry?

Global Dental Consumables market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Dental Consumables Market is largely driven by several factors including the increasing prevalence of dental problems or untreated tooth decay coupled with the rising geriatric population, growing demand for cosmetic dentistry, and rising dental tourism.

The rising incidence of tooth decay or dental caries, and other dental problems such as mouth sores, tooth erosion, gum diseases, and others along with increasing awareness regarding oral health among people globally are expected to drive the growth of the dental consumables market.

The advancement in technologies in cosmetic dentistry is likely to create immense opportunities for the growth of the dental consumables market in the forthcoming years. In December 2021, Dentsply Sirona partnered with 3Shape to improve oral health and digital dentistry. Dentsply Sirona integrated their intraoral Primescan and Omnicam scanners with 3Shape’s lab software to improve the process of digital impression.

The limited reimbursements and high cost associated with dental procedures is the most significant barrier to the growth of the dental consumables industry globally.  According to Bankers Healthcare Group survey, 72% licensed dentist stated that declining reimbursement rates is the major concern in the dental industry.

Global Dental Consumables Market By Treatment

The Global Dental Consumables market is segmented by Treatment into Orthodontic, Endodontic, Periodontic and Prosthodontic. Prosthodontic segment held the largest share of the global dental consumables market in 2022. This is due to increasing demand for dental procedures for missing or damaged teeth coupled with a rapidly growing geriatric population who are more vulnerable to oral diseases. According to the American College of Prosthodontists, 120 million people have at least one missing tooth in the U.S. and 36 million Americans have no teeth at all.

Global Dental Consumables Market By Product Type

The Global Dental Consumables Market is segmented by Product type into Dental Implants, Whitening Products, Finishing & Polishing Products and Other Dental Consumables. Dental Implants segment held the largest share of the global dental consumables market in 2022, due to the rising demand for dental implants among the growing geriatric population coupled with the increasing number of product launches by the manufacturers to fulfill the demand of the end-user.

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk1OTk0

In June 2021, ZimVie Inc. announced the launch of two next-generation dental solutions including T3 PRO Tapered Implant and Encode Emergence Healing Abutment in the U.S. The aim of the product launch is to expand its product portfolio as T3 PRO Tapered Implant is the new addition and is designed to optimize aesthetics and restorative care.

Global Dental Consumables Market Revenue

Global Dental Consumables Market By Materials

The Global Dental Consumables market is segmented by Materials into Metals, Polymers, Ceramics and Biomaterials. The Metals segment accounted for the majority share of the global dental consumables market in 2022. This is due to growing demand for metals such as zirconium oxide, titanium, and others for making dental implants along with growing demand for the strong material for providing the support to the replaced tooth. In April 2022, Neodent, a Brazil-based dental implant company launched a new dental implant system in March named Zi, made from zirconia known for its aesthetics and strength.

Global Dental Consumables Market By End-User

The Global Dental Consumables market is segmented by End-User into Dental Hospitals & Clinics, Dental Laboratories and Others. Dental Hospitals & Clinics segment accounted for the largest share in 2022 of the global dental consumables market owing to the rising cases of dental surgeries and procedures globally along with the adoption of advanced technologies by dental hospitals and clinics to offer easy and efficient services to the patients. In addition, the development of new platforms for providing a wide variety of dental consumables to hospitals, clinics, or dentists is anticipated to propel the growth of the market.

In October 2020, Medikabazaar, India’s online platform for B2B medical equipment and supplies, announced to launch of a dental microsite. The microsite launch aims to target dentists and dental clinics and to offer dental solutions under one platform.

Market Taxonomy

By Treatment

  • Orthodontic
  • Endodontic
  • Periodontic
  • Prosthodontic

By Product Type

  • Dental Implants
  • Whitening Products
  • Finishing & Polishing Products
  • Other Dental Consumables

Request For Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk1OTk0

By Materials

  • Metals
  • Polymers
  • Ceramics
  • Biomaterials

By End-User

  • Dental Hospitals & Clinics
  • Dental Laboratories
  • Others

By Geography

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • The U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Indonesia
    • AustraliaRest of Asia-Pacific
  • LAMEA
    • Latin America
    • The Middle East
    • Africa

For more insights on the market intelligence, refer to below link:-

Global Dental Consumables Industry

Thursday, December 15, 2022

Global Dental Consumables Market is expected to reach revenue of ~ US$ 45 billion by 2028: Ken Research

 Buy Now

According to Ken Research Analysis, the Global Dental Consumables Market is expected to record a positive CAGR of ~ 7% during the forecast period (2022-2028) and is expected to reach ~ US$ 45 billion by 2028, owing to several factors including the increasing prevalence of dental problems or untreated tooth decay coupled with the rising geriatric population, growing demand for cosmetic dentistry, and rising dental tourism.

Global Dental Consumables Market Revenue

For more information, request a free sample

Key Growth Drivers

  • The rising incidence of tooth decay or dental caries, and other dental problems such as mouth sores, tooth erosion, gum diseases, and others along with increasing awareness regarding oral health among people globally are expected to drive the growth of the dental consumables market. In December 2020, according to the Centers for Disease Control and Prevention (CDC), more than one in four adults which makes 26% of the adult population in the U.S. have untreated tooth decay.
  • The advancement in technologies in cosmetic dentistry is likely to create immense opportunities for the growth of the dental consumables market in the forthcoming years. In December 2021, Dentsply Sirona partnered with 3Shape to improve oral health and digital dentistry. Dentsply Sirona integrated their intraoral Primescan and Omnicam scanners with 3Shape’s lab software to improve the process of digital impression. The aim of the partnership is to make digital-impression-taking procedures easy and efficient for dental technicians.
  • The limited reimbursements and high cost associated with dental procedures is the most significant barrier to the growth of the dental consumables industry globally. According to Bankers Healthcare Group survey, 72% licensed dentist stated that declining reimbursement rates is the major concern in the dental industry.
  • During the COVID-19 pandemic, the disrupted supply chain has affected the production capacity, demand, and supply of dental consumables and the demand for non-essential procedures including cosmetic dentistry and other dental procedures decreased among consumers. According to National Center for Biotechnology Information (NCBI), dental offices faced significant losses of over 70% during the COVID-19 pandemic. According to British Dental Association, the studies shown that 70% of clinics are having hard time in surviving and maintaining their dental business.

Key Trends by Market Segment:-

By Treatment:  Prosthodontic segment held the largest share of the global dental consumables market in 2021, due to increasing demand for dental procedures for missing or damaged teeth coupled with a rapidly growing geriatric population who are more vulnerable to oral diseases.

  • According to the American College of Prosthodontists, 120 million people have at least one missing tooth in the U.S. and 36 million Americans have no teeth at all.

Global Dental Consumables Market Revenue Share by Treatment

For more information, request a free sample

By Product Type:  Dental Implants segment held the largest share of the global dental consumables market in 2021, due to the rising demand for dental implants among the growing geriatric population coupled with the increasing number of product launches by the manufacturers to fulfill the demand of the end-user.

  • In June 2021, ZimVie Inc. announced the launch of two next-generation dental solutions including T3 PRO Tapered Implant and Encode Emergence Healing Abutment in the U.S. The aim of the product launch is to expand its product portfolio as T3 PRO Tapered Implant is the new addition and is designed to optimize aesthetics and restorative care.

By Materials: The Metals segment accounted for the majority share of the global dental consumables market in 2021, due to growing demand for metals such as zirconium oxide, titanium, and others for making dental implants along with growing demand for the strong material for providing the support to the replaced tooth.

  • In April 2022, Neodent, a Brazil-based dental implant company launched a new dental implant system in March named Zi, made from zirconia known for its aesthetics and strength.

By End-User: Dental Hospitals & Clinics segment accounted for the largest share in 2021 of the global dental consumables market owing to the rising cases of dental surgeries and procedures globally along with the adoption of advanced technologies by dental hospitals and clinics to offer easy and efficient services to the patients. In addition, the development of new platforms for providing a wide variety of dental consumables to hospitals, clinics, or dentists is anticipated to propel the growth of the market.

  • In October 2020, Medikabazaar, India’s online platform for B2B medical equipment and supplies, announced to launch of a dental microsite. The microsite launch aims to target dentists and dental clinics and to offer dental solutions under one platform.

Global Dental Consumables Market Revenue Share end users

Visit this Link Request for custom report

By Geography: The North America region accounted for the largest share in 2021 of the global dental consumables market due to the presence of a large number of dental consumables manufacturers in the region along with the rising incidence of dental diseases among North American consumers. In addition, there are various strategic initiatives taken by the leading manufacturers to tackle the competition and prosper in the market.

  • In February 2020, Seattle/King County Clinic provided free dental, vision, and medical care services in the U.S. for four days. The company collaborated with healthcare organizations, non-profits, and private businesses to offer access to healthcare.

Asia-Pacific is the fastest growing region in the global dental consumables market owing to its swiftly rising population along with an increasing number of dental disorders among people. In addition, Asia-Pacific is the hotspot for cosmetic dentistry and is attracting a large number of consumers as offers low-cost dental treatments in comparison to other developed countries. The aforementioned factor is increasing the growth of dental tourism in the region.

Major Regions by Revenue share Global Dental Consumables Market

Competitive Landscape

The dental consumables market is highly competitive with ~400 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in dental consumables.

Large global players control over 35% of the market share in terms of market revenue share, while regional players hold the second largest share. Some of the major players in the market include Dentsply Sirona, Zimmer Biomet, 3M, Young Innovations Inc., Hu-Friedy Mfg. Co., LLC., GC Corporation, Danaher, Henry Schein, Inc., Ultradent Products Inc., Institut Straumann AG, Ivoclar Vivadent, and among others.

The leading global dental consumables companies such as Dentsply Sirona, 3M, Ivoclar Vivadent, are highly focused on providing a broad category of dental consumables products for various end-users.

Competitive Landscape of Global Dental Consumables Market

Recent Developments Related to Major Players

  • In February 2022, Zimmer Biomet launched OverdenSURE, a new overdenture attachment system for Zimmer Biomet dental implants in the U.S. and Europe. The portfolio offers restorative components, abutments, and tooling products.
  • In February 2022, Young Innovations, Inc. announced the acquisition of Medical Purchasing Solutions (MPS), a leading supplier of surgical and pharmaceutical products. The company aimed to offer dental consumable products to fulfill the growing need for oral pain management, dental implants, and oral surgery.

Conclusion

The global dental consumables market is forecasted to continue a significant growth that is witnessed since 2017, primarily driven by the rising demand for dental consumables among dentists to diagnose, prevent, and treat any oral health issues along with the increasing incidence of tooth decay or dental caries globally. Though the market is highly competitive with over 400 participants, few global players control the dominant market share and regional players also hold a significant market share.

 Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients and report delivered within a maximum of 2 working weeks.

Ken Research has recently published report titled, Global Dental Consumables Market Size, Segments, Outlook, and Revenue Forecast 2022-2028, market is segmented by treatment, product type, materials, and end-user. In addition, the report also covers market size and forecasts for the four region's dental consumables market. The revenue used to size and forecast the market for each segment is US$ billion.

Market Taxonomy

By Treatment

  • Orthodontic
  • Endodontic
  • Periodontic
  • Prosthodontic

By Product Type

  • Dental Implants
  • Whitening Products
  • Finishing & Polishing Products
  • Other Dental Consumables

By Materials

  • Metals
  • Polymers
  • Ceramics
  • Biomaterials

By End-User

  • Dental Hospitals & Clinics
  • Dental Laboratories
  • Others

By Geography

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • The U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Indonesia
    • AustraliaRest of Asia-Pacific
  • LAMEA
    • Latin America
    • The Middle East
    • Africa

Monday, October 3, 2022

5 Key Insights on US$ 45 Bn Opportunity in Global Dental Consumables Market: Ken Research

Driven by the increasing prevalence of dental problems along with the rising focus on physical attraction and surging demand for cosmetic dentistry, the Global Dental Consumables Market is Forecasted to reach nearly US$ 45 Bn by 2028 says Ken Research Study.

Dental Consumables are defined as products used by dental professionals on patients to treat or perform dental procedures associated with diagnostic, restorative, preventive, and emergency oral health issues. Dental hospitals & clinics, and laboratories are the major end-user of dental consumable products. The demand for dental consumables is increasing globally to treat and diagnose various dental problems including tissue problems, dental caries, dental impairment, and others. The increasing focus on physical appearance is driving the demand for dental consumables to perform cosmetic dentistry, which is expected to propel the growth of the market. Ken Research shares 5 key insights on this high opportunity market from its latest research study.

According to Ken Research estimates, the Global Dental Consumables Market – estimated to be around US$ 30 Bn in 2022 – is expected to grow further into around US$ 45 Bn opportunity by 2028- “Ken Research shares 5 key insights on this high opportunity market from its latest research study”.

1.  Dental Consumables Market is expected to see Stable Growth owing to Rising Prevalence of Dental Problems

The global dental consumables market is expected to witness stable growth during the forecast period owing to the growing cases of dental problems or disorders including tooth erosion, tooth decay, gum diseases, mouth sores, and others. The increase in the geriatric population who are more prone to dental disorders due to increased gingival recession that exposes the surface of the roots and chronic diseases along with degenerative diseases makes older people more prone to dental infections. In addition, increasing focus on oral hygiene globally is anticipated to fuel the growth of the market.

  • In March 2022, according to World Health Organization (WHO), around 2 billion people are suffering from dental caries of permanent teeth globally and 520 million children are suffering from caries of primary teeth.

2.  Advancements in Dental Technologies is the Major Growth Driver for the Global Dental Consumables market.

The advanced technology has the potential to reshape the dental industry by transforming treatments and making the process faster, simpler, and more efficient which eventually improves the customer experience. CAD/CAM is the latest technology in the dental industry, which uses software that makes it possible for dentists to perform complex dental surgeries more efficiently, accurately, and faster. CAD/CAM is gaining popularity among end users like hospitals, clinics, and laboratories especially to construct restorations like veneers, bridges, inlays, crowns, dentures, implant-supported restoration from high-strength ceramic, and others. The introduction of new technologies to make dental procedures more efficient, fast, and accurate is anticipated to fuel the growth of the market in the forecasted period.

  • In February 2022, Planmeca USA launched a new wet/dry chairside mill named the Planmeca PlanMill 35. It is one of the three key components of the FIT CAD/CAM system and is perfect for dentists who are looking to provide single-visit dentistry to their patients. It allows dentists to select materials from glass, zirconia, hybrid ceramics, composites and more and also provides improved accuracy, high speed, and ease of use in the scanning process.

According to IOPscience, the below figure depicts the patient satisfaction level of getting dental treatment with the help of CAD/CAM technology. The survey of patient satisfaction was conducted by IOPscience in Bosnia and Herzegovina 100 patients participated in the survey and gave their feedback and it was found that 75.20% reached the highest level of satisfaction with the use of new technology.

3.  High Cost of Dental Treatments is the Most Significant Barrier to the Growth of the Dental Consumables Market.

The high cost associated with dental treatments, procedures, and consumables along with the lack of proper reimbursement policies for dental surgeries and implants is expected to restrict the growth of the market. The dental equipment including the dental chair, X-ray machines, connection to the compressor, surgical tools, materials, and medications like anesthesia and others contributes to the extravagant cost. Moreover, the maintenance of equipment, rent of hospital or clinics, electricity, technology, and others also adds up to the cost. In addition, it’s hard to afford expensive dental treatments, especially in developing countries.

  • According to The Board of Trustees of the University of Illinois, the treatment for gum diseases cost between USD 500 to USD 10,000 depending on the severity of the disease. More complicated treatments like crowns can cost between USD 600 to USD 1,000 and implants can cost around USD 2,000 or more.

4.  Dental Hospitals & Clinics hold the major share in the End-User segment and are expected to maintain dominance during the forecast period.

Among the end-user segments, dental hospitals & clinics remained the dominant segment during the 2017-2021 period contributing to maximum market revenue share. Further, the Research Study found that this segment is likely to retain dominance even by 2028. Its dominance is owing to the growing number of dental hospitals and clinics globally along with the increasing adoption of new and advanced technologies by small and large dental clinics and hospitals. Moreover, the increase in dental tourism in emerging markets is anticipated to boost the demand for the segment in the market. In addition, companies are taking initiatives to develop portable dental clinics to provide oral healthcare services, which is expected to fuel the growth of the market.

  • In April 2022, Clowak Innovations a dental tech start-up based in Tamil Nadu, developed a complete set of compact “Portable Dental Clinic” (PDC) to fill the gap in the transportation of dental care in remote areas. PDC supports dentists to reach geriatric patients and pregnant women in remote areas.

5.  North America region is expected to Dominate the Market with the Majority of the Market Share in 2022

North America region holds maximum market share and dominates the industry owing to a strong presence of a large number of dental consumables manufacturers coupled with the rising prevalence of dental caries among North American consumers. The increase in disposable income along with rising awareness regarding oral hygiene or care is expected to boost the growth of the market in the region. Furthermore, manufacturers of dental consumables are actively involved in strategic developments such as partnerships, acquisitions, launches, and others, which are further expected to augment the growth of the region in the dental consumables market.

  • In August 2022, Henry Schein, Inc. acquired Midway Dental Supply, a full-service distributor of dental products to clinics and hospitals across the U.S. The acquisition aimed to expand its business in the U.S. and bring new customers on board.

The Research study shows that the increasing prevalence of dental problems globally along with rising awareness about oral health among consumers is increasing the demand for dental treatment, diagnoses, and others in the region are anticipated to augment the growth of the dental consumables market in North America.

For More Information, refer to below link:-

Biomaterials Dental Consumables Market Size

Related Report

UAE Medical Devices Market Outlook to 2025: Driven by technological advancement, increase in the aging population and rise in the prevalence of chronic diseases in the country

Oman Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitor Market Outlook to 2025 – Remarkable growth in the distribution and quality of health services in Oman has added to previous health achievements and stimulated the growth in future

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249