Global Dental Consumables Market is likely to grow at a CAGR of ~6% to reach ~25 billion by 2026Posted by Tejashri Khade on November 3rd, 2022 Dental implants, crowns, bridges, dental biomaterial, orthodontics, endodontics, and periodontics are the main components of dental consumables. The Dental Consumables Market is expected to grow at a rate of ~6% to reach ~25 billion by 2026. The global dental consumables market is primarily driven by factors such as the increasing geriatric population, the rising demand for cosmetic dentistry, the growth of dental tourism in countries, and the rising awareness of the value of oral health. The Advent of CAD/CAM Technology in Cosmetic Dentistry Drives the Dental Consumables Market A relatively new technology called dental CAD/CAM can improve the patient experience during dental treatment. Software used in CAD/CAM dentistry enables dentists to do complex restorations more quickly, effectively, and sometimes even more accurately. Both dental practices and laboratories use CAD/CAM technology to construct restorations like crowns, inlays, onlays, veneers, bridges, dentures, and implant-supported restorations from high-strength ceramic. The widespread use of dental consumables in the treatment of dental impairments, gingival tissue difficulties, and tooth restoration is anticipated to further boost market growth. For Instance,
Growing Opportunities in Dental Tourism Fuels the Dental Consumables Market Dental tourism has risen in popularity alongside the medical tourism industry as more patients travel overseas for dental treatment. The high cost of dental care services, lack of insurance coverage, and dissatisfaction with available services in home countries have motivated people to seek affordable, speedy, and better quality dental care in foreign countries. The dental tourism market has seen exponential growth in recent years, with countries like Turkey, Mexico, Hungary, Poland, and India emerging as destinations. “The rapid development of digital dentistry technologies over the past several decades has enabled clinicians to improve patient care by significantly reducing the time necessary for the restorative phase of treatment. Advancements in intra-oral scanning and computer-aided design and manufacturing (CAD/CAM) will further boost the market in the coming years.” - President, Dental Consumables Company, United States Explore Premium Report on Dental Consumables Market @ https://meditechinsights.com/dental-consumables-market/ Key Challenges/ Constraints: Dental Consumables Market Some of the main factors limiting the growth of the dental consumables market is the high costs associated with dental procedures, the limited reimbursement policies for dental implants and periodontal surgeries, and the high risk and complications associated with dental bridges and orthodontic treatments. Companies Adopting Inorganic Growth Strategies to Increase their Market Share Players operating in the dental consumables market are accepting organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner market share. For instance,
The dental consumables market is a growing market that is expected to gain further momentum in the coming years due to technological advancements, new product launches, increasing investments from private equity, capital ventures, and aggressive organic and inorganic growth strategies followed by the players. Competitive Landscape Analysis of Dental Consumables Market Some of the key players operating in the global dental consumables market include Straumann Holding AG, Dentsply Sirona Inc., 3M Company, Zimmer Biomet Holdings Inc., Henry Schein Inc., and Young Innovations Inc., among others. For More Detailed Insights, Contact Us @ https://meditechinsights.com/contact-us/ About Medi-Tech Insights Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services. Contact: Ruta Halde Associate, Medi-Tech Insights +32 498 86 80 79 info@meditechinsights.com Like it? Share it!More by this author |