Dental Consumables Market Size, Share, Trends, Growth, Consumption, Revenue, Company Analysis and Forecast 2020-2027

Published Date : Nov 2020 | No. of Pages : 200 Pages | Category : Healthcare

According to Vision Research Reports, the global dental consumables market size surpassed US$ 23.8 billion in 2019 and is expected to grow at a CAGR of 5.3% from 2020 to 2027.

The global dental consumables market size is projected to surpass US$ 38.5 billion by 2027, rise in dental tourism, advanceme

Overview

  • Dental consumables are assistive dental medical devices that are used in treatment of various dental disorders such as for the treatment of dental impairments, for dental restoration, and dental implant procedures.
  • Dental consumables primarily comprises of dental implants, crowns and bridges, dental biomaterial, orthodontics, endodontics, and periodontics.
  • The rise in global dental tourism induced by low labor costs, low fixed infrastructure costs and minimum government intervention in emerging economies such as India, Hungary and Turkey, has led to the rise in demand for dental consumable products in these nations.
  • The major growth driver for the dental consumables market in developed countries such as the U.S., Australia, the U.K. and Germany; includes introduction of government initiated dental reforms such as The Comprehensive Dental Reform Act, 2012 along with other growth attributors such as global aging population and rise in demand for cosmetic dentistry.
  • Asia Pacific is likely to be a highly lucrative market for dental consumables and it is expected to expand at a high CAGR during the forecast period

Rise in Dental Tourism Induced by Low Labor Costs to Drive the Market Growth

  • Dental tourism is a collateral service meant to provide patients with cost-effective oral treatments in developing economies such as India, Turkey, and Hungary. It is widely practiced to attract patients from developed economies, who prefer traveling abroad in search of low-cost and high-quality oral treatments.
  • Dental tourism is flourishing due to low labor costs, low fixed costs, and minimum government intervention in the health care industry in developing economies. For example, root canal treatment starts from US$ 550 in the U.S., while it costs only US$ 110 in Turkey, US$ 69 in Hungary, and US$ 60 in India.

Crowns & Bridges Segment Accounted for Significant Market Share

  • In terms of product, the global dental consumables market has been segmented into dental implants, crowns and bridges, dental biomaterials, orthodontics, endodontics, periodontics, retail dental care essentials and others. Crown and bridges market is estimated to be the largest and fastest growing segment during the forecast period.
  • Within the dental crowns and bridges segment, the ceramic fused to metal is the major product to drive the crowns & bridges market. Changing demographics and increase in demand for CAD/CAM for prosthetics are expected to create growth opportunities in the crowns & bridges segment. Various materials used for construction of crowns and bridges include ceramic crowns, ceramic/porcelain fused to metals (PFM), and metal alloys. Ceramic crowns are gaining popularity, as people are more concerned about the esthetic values pertaining to oral hygiene.
  • Dental implants reported to be the second leading segment is assessed to be an emerging trend among people with missing teeth due to accidents, disease, and injuries. Dental implants are mostly made of titanium and zirconium. Over the relatively short history of dental implants, titanium was determined to be the choice material for implant designs. Titanium, when installed correctly, could withstand the workload of the human jaw similarly to the natural tooth.

North America to Dominate Global Market

  • In terms of region, the global dental consumables market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe dominated the global dental consumables market in 2018, followed by North America.
  • One of the key factors attributed to the growth of the dental consumables market in the region is funding of oral health care facilities in major countries. In 2012, a report titled “The State of Oral Health in Europe” indicated that over 50% of the population of Europe was expected to be diagnosed with some of the periodontal diseases, which were relatively higher among people aged above 60 years.
  • The Dental Consumables market in Asia Pacific is anticipated to expand at a high CAGR during the forecast period due to deregulation of dental care services in countries such as India and China is driving the market in the region. Deregulation refers to the removal of any acts or laws by the government in order to promote private participation. This has led to the emergence of new and improved private clinics that offer assured, quality services.

Competitive Landscape

  • The global dental consumables market is highly fragmented in terms of number of players providing different products. Key players in the global market include 3M Health Care, Danaher Corporation, DENTSPLY Sirona, Henry Schein, Inc., Institut Straumann AG, Ivoclar Vivadent AG, Patterson Companies, Inc., and Zimmer Biomet Holdings, Inc. Expansion of product portfolio through mergers and acquisitions is a key strategy followed by these players.

Market Segmentation

By Product

  • Dental Implants
  • Crowns & Bridges
  • Dental Biomaterials
  • Orthodontics
  • Endodontics
  • Periodontics
  • Retail Dental Care Essentials
  • Other Dental Consumables

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

Report Scope

The Dental consumables market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Dental consumables market for the base year 2020 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Dental consumables market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Dental consumables market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Dental consumables market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Dental consumables capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Dental consumables by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by type segment of the global Dental consumables market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Dental consumables market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Dental consumables market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Dental consumables industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Dental consumables market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Dental consumables market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Dental consumables market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Dental consumables market. These factors have benefited the growth of the global market for Dental consumables. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Dental consumables. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Dental consumables are as follows:

  • History Year: 2016-2019
  • Base Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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