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.