Regional Players Dominate the Market Holding of nearly 40% of Revenue Share Despite Presence of about 400 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Dental Consumables Market by Ken Research
Dental Consumables are the
products that are utilized by dentists to treat dental health problems
including tooth restoration, dental caries, tissue problems, dental
impairments, periodontal diseases, and others. Ken Research shares 3 key
insights on the competitive landscape of this dynamic market from its latest
research study.
Global
Players that constitute about 10% of the Total Number of Competitors Hold
nearly 35% While Regional Companies Also Have a Strong Presence and Hold the
largest revenue share of 40%
A comprehensive competitive
analysis conducted during the
Research Study found that the Global Dental Consumables market is
highly competitive with ~400 players which include globally diversified
players, regional players as well as a large number of country-niche players
having their niche in dental consumables. The regional players comprise about
40% in terms of the number of companies and hold around 40% of the market
revenue share followed by large global players that account for nearly 35% of
the market revenue. Most of the country-niche players are operating their
dental consumables business and continuously engaged in strategic developments
such as innovative product launches, expansion, and others, and also large global
players are expanding their dental consumables business through strategic
partnerships, acquisitions, and others.
Leading Key
Players' Ongoing Efforts To Provide Innovative Dental Consumables Are Driving
Their Revenue Growth From This Market
Detailed comparative analysis of
key competitors available within the Research Study shows that key
players such as Dentsply Sirona, 3M, Ivoclar Vivadent, and others are highly
focused on providing new and innovative dental consumable products for various
end-users, and are deeply involved in strategic developments such as
partnership, expansion, and others. Furthermore, several companies are
aggressively involved in partnerships with other players for manufacturing new
dental consumable products and are involved in launching new online platforms
to offer all dental products on one platform.
- In May 2022, Ormco Corporation launched a new
online store for orthodontics in North America. The company aimed to
provide a seamless and one-stop shopping experience for orthodontics
through an online platform.
The Ongoing
COVID Pandemic Led to the Rapid Decline in the Dental Consumables Market
The COVID-19 pandemic had
negatively impacted the dental consumables market globally. Dental treatment
possesses a huge risk of cross infection as it requires close physical
proximity of dentists with patients and to curb the situation, the
non-essential imaging and diagnosis were put on halt. The pandemic increased
the demand for tele dentistry. However, Covid-19 has decreased the patient flow
and resulted in a lack of routine dental check-ups and decreased demand for
dental consumables. However, with the ease of lockdown and an increasing number
of vaccinations, the market is anticipated to grow at a steady pace.
The rising incidence of dental
diseases due to lack of oral care and bad eating habits during the COVID-19
pandemic is expected to boost the demand for dental treatments and diagnoses,
which will eventually fuel the growth of the global dental consumables market
during the forecasted period.
- According to European Observatory on Health
System and Policies, a partnership hosted by World Health Organization
(WHO), the pandemic had a significant impact on routine check-ups due to
restrictions by governmental bodies. The World Dental Federation (FDI)
stated that due to disrupted routine check-ups and deteriorating eating
habits, the incidence of tooth decay and oral diseases increased.
The growing
need for Dental Consumables among End-User Led to Major Industry-Wide
Developments, Acquisitions, Partnerships, and Expansion.
- In January 2021, Nobel Biocare launched Xeal
and TiUltra surfaces that are applied to implants and abutments, which
optimize tissue integration at every stage. The new Xeal abutments are
designed in such a way to promote soft-tissue attachment and the TiUltra
surface promotes early osseointegration.
- In February 2021, Align Technology announced
the launch of the iTero Element Plus Series, a series of new
solutions that feature next-generation technology to improve the scanning
experience and increase practice productivity in the dental market.
For More
Information, refer to below link:-
Dental
Consumables Manufacturing Companies
Related Report
Contact Us:-
Ken
Research
Ankur
Gupta, Head Marketing & Communications
