Rise in aging population, increase in demand for cosmetic dentistry, and surge in need for dental procedures are other causes that can promote the dental industry market in the review period. Low dental insurance coverage, lack of general health, drop in technological awareness, and the emergence of grey market for dental products are some cause that can hinder the market through the review period.
Market Research Future (MRFR) assessed Global Dental Industry Market is expected to register a CAGR of 5.28% during the assessment period of 2020 to 2027, to reach USD 42,244.27 Million by 2027.
The dental industry automation technology in diagnostics, instruments, treatment, and devices associated with oral health. Pigmentation in gums, brown or discoloration of tooth, and teeth cavity among others are becoming prevalent, creating the need for better dental treatment. Renowned pharmaceuticals across the globe are observed to expand their product portfolio that can aid in the management of these issues.
The segment study for the global dental industry market is done by consumables, discipline, and end users.
The discipline-based segments of the dental industry market are done by endodontics, restorative dentistry, orthodontics, prosthodontics, oral surgery, and periodontics.
The consumables-based segments of the global dental industry market are whitening material, dental anesthetic, dental burs, gingival retraction material, dental biomaterial, dental syringe, and endodontic supplies. The sub-segments of the dental biomaterial segment are dental bone graft, dental cement, and regenerative tissue material. The sub-segments of the gingival retraction material segment are gingival retraction cord, gingival hemostatic agents, and gingival retraction gels/paste/cap. The sub-segments of the dental anesthetic segment are injectable anesthetic, topical anaesthetics, and non-injectable anesthetic. The sub-segments of the dental syringe segments are disposable syringes/ safety syringes, and non-disposable syringe. The sub-segments of the endodontic supplies segments are cement and files.
The end-user-based segments of the dental industry market are dental institutes, dental hospitals & clinics, and dental academic and research institutes.
Regional assessment for the global dental industry market in done for North Americas, Latin America, EU, Middle East and Africa, and Asia Pacific. The market in North America can hold considerable market share owing to the existence of well-established healthcare sector and prevalence of oral problems, along with high disposable income. In Asia Pacific, the dental industry market is likely to rise as increase in awareness about modern dental treatment and rise in healthcare facilities. The rise in cases of oral fungal infection and increase in cosmetic dentistry tourism are causes that can promote the regional market in the years to come. The US can expand at high pace due to hike in healthcare expenditure. In Europe, the regional dental industry market surge can be credited to the presence of a large number of children suffering from dental problems, increase in geriatric population, and existence of reputed suppliers in developed economies. In Asia Pacific, the dental industry market can rise at the fastest pace as the healthcare sector is observed to incorporate effective technologies to boost its performance. In Middle East and Africa, the dental industry market can hold least share of the world dental industry market that can be attributed to poor economies of the region, along with the presence of stringent government policies in different African region.
Ivoclar Vivadent AG, Hu-Friedy Mfg Co., Nakanishi Inc., Dentsply Sirona, Patterson Companies Inc., Ultradent Products Inc., 3M Company, Young Innovations Inc., Zimmer Biomet, Henry Schein Inc., and Kangda Medical are some reputed names in the global dental industry market that are recognized by MRFR.