By Infinium Global Research Aug, 2020
The Global
Dental Equipment And Consumables Market is expected to grow at a CAGR
of 7.68% between 2020 and 2026 in terms of value. The growing occurrence of
oral health problems and dental disorders is the primary growth factor for the
dental equipment and consumables market. As per the Global burden of disease
study, 2016, half of the world population (around 3.58 billion people) is
suffering from oral health care disease especially from dental caries (tooth
decay). High-income countries are suffering more from tooth loss and edentulism
(no natural tooth), owing to the excessive consumption of processed food. As
per the Centre for disease control and prevention, the U.S, around 20% of the
children aged around 5-11 years are suffering from the untreated decayed tooth
problem in the United States. All these problems are credited to the excessive
consumption of processed and fast food, and less careful about oral health.
However, discrimination an attitude of the health care companies to reimburse
the oral care fee to the dentist, and continuous reduction of the fee of dental
healthcare professionals every year are hampering the growth of the dental
equipment and consumables market around the world.
Among the regions, North America is the largest player in
the dental equipment and consumables market, owing to the presence of the
leading dental equipment and consumable manufacturing companies in this region.
Additionally, the changing food habit, excessive consumption of processed food
is decaying the consumer's tooth and producing several different dental
problems among all age group people. As per the U.S. Centers for Disease
Control and Prevention, tooth decay is four times more common than asthma among
adolescents aged 14 to 17 years in the United States. Additionally, 64.3% of the
U.S. adults aged 65, visited the dentist for their dental problem, and around
the same percentage of patients aged 18 to 64 visited the dental professionals
in 2016.