Dental Equipment and Consumables Market Introduction
The dental equipment and consumables market includes a wide range of products used in dental procedures such as examinations, diagnosis, treatment, and restoration of oral disorders. This market includes dental instruments, dental consumables, dental radiology equipment, dental implants, and dental chairs, among others. The demand for dental equipment and consumables is driven by the increasing prevalence of oral diseases and the growing awareness of dental care, as well as the rising geriatric population worldwide.
Dental Equipment and Consumables Market Size
The global dental equipment and consumables market size was valued at USD 38.9 billion in 2020 and is projected to reach USD 52.1 billion by 2025, growing at a CAGR of 6.0% during the forecast period.
Dental Equipment and Consumables Market Share
The global dental equipment and consumables market was valued at USD 24.46 billion in 2020. The market share is divided among various products and consumables, such as dental systems and parts, dental implants, dental crowns and bridges, dental lasers, dental biomaterials, and dental chairs. The market share is also segmented by end-users, including hospitals, clinics, and dental laboratories.The Asia-Pacific region is expected to witness the highest growth rate due to the increasing demand for cosmetic dentistry and growing awareness about oral hygiene. The market is expected to witness significant growth in developing countries, such as India and China, due to the increasing prevalence of dental diseases and the rising demand for cosmetic dentistry.North America and Europe are also significant markets due to the high prevalence of dental diseases and a growing geriatric population. The rise in dental tourism in these regions is also contributing to the growth of the market.
Dental Equipment and Consumables Market Trends
Some of the major trends in the dental equipment and consumables market are:
Technological advancements: The dental industry is witnessing a rapid shift towards digitization and technological advancements. With the development of advanced imaging techniques, dental surgeries have become less invasive and more accurate, leading to a higher demand for advanced equipment and consumables.
Growing demand for cosmetic dentistry: The demand for cosmetic dentistry is increasing rapidly due to the growing awareness of oral hygiene and aesthetics. The demand for teeth whitening, orthodontic treatment, and dental implants is driving the growth of the dental equipment and consumables market.
Increasing adoption of CAD/CAM technology: The adoption of computer-aided design and computer-aided manufacturing (CAD/CAM) technology is increasing in the dental industry. CAD/CAM technology allows for the production of dental prosthetics and restorations with greater precision and accuracy.
Rising prevalence of dental diseases: The rising prevalence of dental diseases, such as dental caries and periodontal diseases, is driving the demand for dental equipment and consumables.
Growing dental tourism: Dental tourism is a growing trend in many countries. Patients from developed countries travel to developing countries for affordable dental treatments, which is driving the demand for dental equipment and consumables in these countries.
Increasing focus on infection control: There is a growing focus on infection control in the dental industry. The demand for infection control products and equipment, such as sterilizers and disinfectants, is increasing to prevent the spread of infections.
Dental Equipment and Consumables Market Driving factors
Some of the driving factors for the dental equipment and consumables market include:
Increasing demand for cosmetic dentistry: With rising awareness about dental health and appearance, there is a growing demand for cosmetic dentistry services, which require specialized dental equipment and consumables.
Growing geriatric population: As the global population ages, there is a higher incidence of dental issues, leading to increased demand for dental equipment and consumables.
Technological advancements: The dental industry has witnessed significant technological advancements in recent years, including the development of digital dentistry, CAD/CAM technology, and laser dentistry. These advancements have increased the precision and efficiency of dental treatments, driving the demand for dental equipment and consumables.
Increasing dental tourism: Dental tourism is on the rise, with patients travelling to other countries for affordable and high-quality dental treatments. This trend is driving the demand for dental equipment and consumables in popular dental tourism destinations.
Government initiatives: Governments across the world are taking initiatives to improve dental healthcare infrastructure, which is expected to boost the demand for dental equipment and consumables.Rising prevalence of oral diseases: Oral diseases affect nearly 3.5 billion people worldwide, highlighting the significant market potential for dental equipment and consumables.
Dental Equipment and Consumables Market Regional Analysis
The global dental equipment and consumables market can be analyzed based on regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.North America is the dominant region in the global dental equipment and consumables market, owing to the growing aging population, increased demand for dental cosmetic procedures, and a rise in dental tourism. Moreover, increasing government initiatives to improve dental healthcare infrastructure and reimbursement policies are also contributing to the growth of the market in this region.Europe is also a significant market for dental equipment and consumables, driven by the growing adoption of advanced dental technology, increasing dental health awareness among people, and favorable government initiatives.The Asia-Pacific region is expected to grow at a significant rate during the forecast period, owing to the rising disposable income, increasing awareness of oral health, and the growing demand for cosmetic dentistry.Latin America and the Middle East and Africa are also expected to witness considerable growth in the dental equipment and consumables market due to increasing healthcare expenditure, rising awareness about dental health, and a growing geriatric population.Overall, the global dental equipment and consumables market is expected to experience significant growth during the forecast period, driven by increasing oral health problems and the growing demand for cosmetic dentistry.
Dental Equipment and Consumables Market Forecasts 2030
The global dental equipment and consumables market is expected to grow at a CAGR of around 5% during the forecast period of 2021-2030. The market growth is driven by factors such as the increasing prevalence of dental diseases, growing awareness about oral hygiene, and the rising demand for cosmetic dentistry.The COVID-19 pandemic had a mixed impact on the dental equipment and consumables market. While the market witnessed a decline in demand for elective dental procedures during the pandemic due to lockdowns and social distancing measures, the demand for emergency dental services remained strong.The North American region currently dominates the dental equipment and consumables market, followed by Europe and the Asia Pacific. Factors such as a high prevalence of dental diseases, favorable reimbursement policies, and high healthcare expenditure in the region are driving market growth in North America.In terms of product type, the dental consumables segment is expected to dominate the market during the forecast period. Factors such as the increasing demand for dental restorative materials, rising adoption of dental implants, and the growing popularity of cosmetic dentistry are driving the growth of this segment.Key players operating in the dental equipment and consumables market include Danaher Corporation, Dentsply Sirona, Inc., 3M Company, Henry Schein, Inc., and Straumann Holding AG, among others. These companies are focusing on product innovations, strategic collaborations, and mergers and acquisitions to strengthen their market position.
Dental Equipment and Consumables Market Key Industry Players
Some key industry players in the Dental Equipment and Consumables Market include:
Danaher Corporation
Dentsply Sirona Inc.
Henry Schein, Inc.
Straumann Group
Patterson Companies, Inc.
3M Company
Biolase, Inc.
Ivoclar Vivadent AG
GC Corporation
Zimmer Biomet Holdings, Inc.