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Global Dental Consumables Market estimated 6% CAGR with rising awareness of oral hygiene 2030

 

The global Dental Consumables Market is expected to grow at a rate of 6% to reach $25 billion in next five years. The growing prevalence of oral health problems and dental disorders, the rising geriatric population, rising demand for cosmetic dentistry, increasing dental tourism in developing countries, and increasing awareness regarding the importance of oral health are key factors driving the growth of the dental consumables market.

Dentistry is one of the oldest professions dating back to 7000 BC. Dental consumables are products used on patients by dental practitioners or dentists to treat and/or perform procedures associated with preventive, restorative, diagnostic, and emergency oral health issues. Dental consumables primarily comprise dental implants, crowns and bridges, dental biomaterial, orthodontics, endodontics, and periodontics. The various repairs and preventive care associated with the oral health treatment of the ever-growing population worldwide have consistently added to the growth of the dental consumables market globally.

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The Advent of CAD/CAM Technology in Cosmetic Dentistry Drives the Dental Consumables Market Growth

Nowadays, modern dental practice implies an increased application of information and communication technologies. Dental CAD/CAM is a relatively new technology that can improve the patient experience during dental treatment. CAD/CAM dentistry uses software that makes it possible for dental professionals to perform complex restorations faster, more efficiently, and sometimes 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.

Dental CAD/CAM also makes orthodontic treatment easier, by using this technology dentists can take digital scans of a patient's teeth, which are faster and more accurate than making molds. High adoption of dental consumables in the treatment of tooth restoration, dental impairments, and problems related to gingival tissues is expected to further boost the market growth.

For Instance,

  • In December 2021, Dentsply Sirona entered into a partnership with 3Shape, to enhance the technique of capturing dental impressions by integrating 3Shape’s software.
  • In February 2021, Align Technology, Inc. announced the launch of the iTero Element® Plus Series, intending to expand the company’s portfolio of iTero Element scanners and imaging systems to include new solutions that serve a broader range of the dental market.

Growing Opportunities in Dental Tourism Fuels the Dental Consumables Market

Along with the medical tourism industry, dental tourism has become a trending industry as many patients travel around the world to receive 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. This market has grown exponentially in the last few years, with countries such as India, Mexico, Hungary, Poland, and Turkey emerging as fast-growing dental tourism destinations. Advancement in technology, low travel & labor costs, availability of better quality dental materials, and professionally trained dental specialists in emerging countries is expected to drive the market growth in these countries.

“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, Operations and Supply Chain, Dental Consumables Company, United States

Key Challenges/ Constraints: Dental Consumables Market

The higher costs associated with all dental procedures, limited reimbursement policies for dental implants and periodontal surgeries, and high risk and complications associated with dental bridges and orthodontic treatments are some of the key factors restricting the growth of the dental consumables market.

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Competitive Landscape Analysis: Dental Consumables Market

Some of the key players operating in the market include Straumann Holding AG, Envista Holding Corporation, Dentsply Sirona Inc., 3M Company, Zimmer Biomet Holdings Inc., Henry Schein Inc., Ivoclar Vivadent AG, Young Innovations Inc., Septodont Holding, Kulzer (Mitsui Chemicals Inc.), Nakanishi Inc., Align, OSSTEM Implant Co, Hu-Friedy Mfg Co., KAVO, Kerr Dental, Patterson Companies Inc., Nobel Biocare(Danaher Corporation), EnvisionTEC, Planmeca OY, Camlog Biotechnologies, BioHorizons, Sweden & Martina, and Bicon Dental Implants, among others.

Companies Adopting Inorganic Growth Strategies to Increase their Market Share

Players operating in this market are adopting organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner market share.

For instance,

  • In February 2022, Young Innovation announced the acquisition of Medical Purchasing Solutions (MPS), which is a leading supplier of pharmaceuticals and other surgical supplies that meet the needs of the growing oral pain management, oral surgery, and dental implant markets.
  • In February 2022, Envista Holdings Corporation announced that they have entered into a partnership agreement with the Vitaldent Group. This agreement will position Envista as the preferred supplier in the implants field providing Nobel Biocare (Implants) and Spark (clear aligners) products line & services to their customers.
  • In December 2021, Envista Holdings Corporation NVST received the approval of the United States Food and Drug Administration (USFDA) for the Nobel Biocare N1 implant system.

The global 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.

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 in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.

Contact:

Ruta Halde
Associate, Medi-Tech Insights
 +32 498 86 80 79
 info@meditechinsights.com 

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