As Dental Problems Spike Due to Increasing Geriatric Population, Dental Consumables Market Prepares to Witness Growth: TMR
- Growing geriatric population, poor lifestyle choices such as drinking, and smoking are contributing to increase in number of cases of dental problems
- Compound Annual Growth Rate to be 5.4% from 2019 to 2027
- Europe and North America will account for a major share of the global dental consumables market
ALBANY, New York, June 17, 2020 /PRNewswire/ -- A number of growth factors are helping the global dental consumables market on to a high growth trajectory. The growth rate will be 5.4%, taking the market worth up notably to USD 38.4 billion by the end of the period 2019 to 2027.
As per Transparency Market Research, "Factors such as increase in dental tourism, advancement in implant techniques, and growing number of cases of dental problems will contribute massively to growth in the global dental consumables market."
Key Findings of Global Dental Consumables Market Study:
- Dental Implants to be a notable contributor of growth over the forecast period
- Advancement in implant designs to drive growth in the segment
- Europe and North America to dominate the market due to rapidly ageing population
- One in every four people in these regions to be aged 65 and above by 2050
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Key Drivers of Growth in Global Dental Consumables Market:
Dental problems are widespread, as per Transparency Market Research. And, this is a major factor that is set to drive growth in the global dental consumables market. It is significant to note here that various factors are driving up cases of tooth decay, tooth erosion, gum diseases, and mouth sores. A glimpse into these is provided below:
- Population across the globe is ageing and this demographic segment is known for susceptibility to dental health challenges
- By the year 2050, number of people aged 60 and above will be around 2 billion from around 970 million in the year 2017
- Excessive drinking and smoking is leading to tooth decay and that is driving demand for dental consumables over the forecast period
- Poor eating habits such as insufficient quantities of fiber-rich food and excessive intake of sugary foods and beverages is also paving way for growth in the market
- Dental implant techniques is witnessing advancement in designs, procedures and outcomes and this is propelling the growth curve higher
For a detailed analysis of global dental consumables market by product, and region, visit https://www.transparencymarketresearch.com/report-toc/554
Regional Analysis of Global Dental Consumables Market:
- North America and Europe are anticipated to account for a sizeable share of the global dental consumables market
- Funding of oral health clinics in these regions is growing and population is ageing rapidly, driving demand for dental consumables
- A large number of people in these regions is suffering from periodontal diseases
- Asia Pacific is set to witness growth at a high rate (CAGR) over the forecast period owing to deregulation of these services
Analyze global dental consumables market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=554
Competitive Landscape of Global Dental Consumables Market:
Transparency Market Research has provided a deep-dive into the competitive landscape of global dental consumables market in its report so players can make well-informed decisions. It is pertinent to note here that the vendor landscape is slightly fragmented. Key players, well-known for their proactive measures, are 3M Health Care, Danaher Corporation, DENTSPLY Sirona, Henry Schein, Inc., Institut Straumann AG, Ivoclar Vivadent AG, Patterson Companies, Inc., and Zimmer Biomet Holdings, Inc., among others. These are comprehensively detailed in the market report. It also contains information on business strategies, company overview, financials, and recent developments.
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The global dental consumables market has been segmented as follows:
Global Dental Consumables Market, by Product
- Dental Implants
- Crowns & Bridges
- Dental Biomaterials
- Orthodontics
- Endodontics
- Periodontics
- Retail Dental Care Essentials
- Other Dental Consumables
Global Dental Consumables Market, by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:
Dental Imaging Market: Global dental imaging market was valued at ~US$ 3 Bn in 2018. It is expected to expand at a CAGR of 8.5% during the forecast period from 2019 to 2027, increase in prevalence of dental diseases, increase in burden of chronic diseases, and rise in patient population as well as increasing technological advancements are key factors that are likely to boost the Market
Dental Membrane and Bone Graft Substitutes Market: Global dental membrane and bone graft substitutes market is set to grow at a moderate pace during the forecast period, due to the rising demand for advanced dental procedures, globally. According to analysts at Transparency Market Research, as resorbable dental membranes continue to gain traction, players targeting their R&D toward new materials and increasing their product innovation are likely to maximize their gains in the near future
Invisible Orthodontics Market: The global invisible orthodontics market is anticipated to be driven by a rise in the population suffering from malocclusion, rapid utilization of clear aligners in developed regions, and increase in awareness campaigns by industry players.
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