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Dental Equipment and Consumables Market (Product Type - Equipment’s, and Consumables; End-user Industry - Hospitals, Dental Clinics, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Dental Equipment and Consumables Market (Product Type - Equipment’s, and Consumables; End-user Industry - Hospitals, Dental Clinics, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Report Code: HC0083 Category: Healthcare & Medical Devices Published: July, 2022

A recent report published by Infinium Global Research on the dental equipment and consumables market provides an in-depth analysis of segments and sub-segments in the global as well as regional dental equipment and consumables market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional dental equipment and consumables market over the short term as well as the long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global dental equipment and consumables market. According to the report, the global dental equipment and consumables market is projected to grow at a CAGR of about 8.5% over the forecast period of 2022-2028.

 

Market Insight

The global dental equipment and consumables market was valued at about USD 43 Billion in 2022 and is expected to reach nearly USD 70 Billion in 2028, with a CAGR of about 8.5% during the forecast period. Dentists are looking for advanced tech equipment to improve office productivity, expand their procedure capabilities, and attract new patients with a state-of-the-art office appearance. The advent of technology and advanced medical therapies has brought about a commendable transformation in the dental equipment & consumables market in recent years. Given the extensive proliferation of innovative tech breakthroughs in the medical space, it does not quite come as a surprise that companies partaking in the dental equipment & consumables industry share have been vying with one another, striving to bring forth a range of enviable, high-grade dental components. Additionally, dental problems do not come under the health insurance scheme of several insurance companies, hence people search for low-cost and better treatment for the dental health care problem.

 


Dental Equipment and Consumables Market


Growing oral health problems on an account of unhealthy eating habits, food that contains a high amount of starch and sugar, coupled with an increasing number of dental disorders will primarily drive the dental equipment & consumables market growth. According to the Study of Global Burden of Disease estimated that approximately 3.5 billion people worldwide due to oral diseases, with caries of permanent teeth being the most common condition1. Globally, it is estimated that 2 billion people suffer from caries of permanent teeth and 519 million pupils suffer from caries of primary teeth. In most low- and middle-income countries, the prevalence of oral diseases continues to increase with growing urbanization and changes in living conditions. This is primarily due to inadequate exposure to fluoride, affordability, availability of food with high sugar content, and poor access to oral health care services in the community. Due to these factors, the growth of the market is expected to enhance during the forecast period. Additionally, growing oral health problems and raising awareness of oral health care will further fuel industry market growth. However, excessive cost of treatment for dental procedures, and selective parameters of reimbursement according to the patient’s employer that complicates costing on the patient’s end will hamper the market growth.       

 

Due to the outbreak of COVID-19, the Dental Equipment and Consumables Market was negatively affected during the forecast period. During the pandemic escalation and global spread, the dental care sector has experienced numerous challenges. In order to reduce the risk of the pandemic, governments imposed various restrictions such as quarantines, lockdowns, and trade restrictions. Furthermore, due to the increasing awareness and health consciousness among the population healthy eating habits were developed. The shutdown of the dentist's and dental specialist’s clinics during the covid-19 pandemic affected the growth. However, the growth of the market was majorly restrained due to the increasing protocols and safety measures for inspection during the pandemic.

 

Based on the region, the worldwide dental equipment and consumables market is segmented into the Asia Pacific, North America, Europe, and also the Middle East & Africa. Among the regions, North America is the largest region in the dental equipment and consumables market due to the increasing presence of the major market players in the U.S. during the forecast period. An increasing number of patients and spending on cosmetic surgeries has enhanced the growth of the North American region. Furthermore, growing advanced and innovative treatment technologies to reduce the infection risk has fuelled the market growth in the Europe region. The Asia Pacific region is expected to be the fastest-growing region due to the well-established reimbursement policies and the presence of a strong medical infrastructure.

 

Segment Covered

The report on the global dental equipment and consumables market covers segments such as product type, and end-user industry. On the basis of product type, the sub-markets include equipments, and consumables. On the basis of end-user industry, the sub-markets include hospitals, dental clinics, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as 3M Company, Carestream Health Inc., Danaher Corporation, Dentsply Sirona, Ivoclar Vivadent AGC, Patterson Companies, Inc., Straumann Holdings AG, Zimmer Dental GmbH, A-dec, Inc., and AMD Lasers inc.

 

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the dental equipment and consumables market. Moreover, the study highlights current market trends and provides forecasts from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players.


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