Dental Industry Market Size is Projected to Reach USD 60.37 Billion by 2030 at CAGR of 6.9% | MRFR
Research Reports
Dec 23, 2022
Dental Industry Market Overview:
The dental industry market size is projected to reach approximately USD 60.37 billion by 2030, at a CAGR of 6.9% from 2022 to 2030. The rising incidence of dental illnesses, rising costs for dental treatment, and rising demand for aesthetic dentistry are all factors contributing to the expansion of the worldwide dental industry market. The market is expanding due to a number of other factors, including an increase in oral cancer incidence and technical advancements in the dentistry sector. One of the main causes fuelling the expansion of the dentistry sector is the rise in dental problems. Dental caries is a condition that affects both children and adults very often.
One of the main causes fuelling the expansion of the dentistry sector is the rise in dental problems. Dental caries is a condition that affects both children and adults very often. 16.9% of children aged 5 to 19 had untreated dental caries, according to Health, the US, 2018, the 42nd report on the health state of the country by the Centers for Disease Control and Prevention. It went on to say that 31.6% of adults between the ages of 20 and 44 had untreated dental caries.
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Dental Industry Market Regional analysis:
According to region, the worldwide dental industry market has been divided into the Americas, Europe, Asia-Pacific, and Middle East & Africa.
The growing elderly population, which is vulnerable to many dental disorders, the rising prevalence of dental disorders driving up demand for dental procedures, and the need for a preventive, restorative, and surgical device for dental care are all contributing factors to the Americas’ market share of 31.8%. The aging population is also contributing to the expansion of the dentistry sector market.
Europe is expected to see considerable growth over the course of the forecast period due to the existence of more individuals who are susceptible to dental disorders, the availability of cutting-edge dental goods, and an increase in the demand for aesthetic dentistry in the area. Furthermore, dental and oral illnesses are among the most common problems in Europe, which emphasizes the need for improved care. As a result, the EU region’s need for dental equipment is growing, which is accelerating the market’s expansion.
Dental Industry Market Segmentation:
Using Discipline
The desire for better endodontics consumables has been sparked by the rising frequency of dental issues worldwide. The root canal procedure is being transformed by businesses in the endodontic consumables sector.
Dental restorative therapy
This market is expanding as a result of rising demand for supporting structures and the rehabilitation of dentition to meet personal aesthetic and functional needs.
The most common chronic illness in the world is dental caries. As a result, there is an increased need for dental prostheses and dentists to address a significant worldwide public health issue.
Periodontics
The prevalence of periodontics is rising globally, which is fueling this market’s expansion.
Due to an increase in cases of misaligned teeth, malocclusion, total edentulism, and the requirement for dentures, orthodontics, a discipline of dentistry that deals with correcting gum imbalance and tooth alignment, is becoming more and more important.
Over the past several years, there has been a steady increase in demand for cosmetic dental services. The most popular cosmetic goods are veneers, non-metallic inlays and on lays, dental crowns, and bonding agents despite the fact that tooth-whitening procedures have shown a large increase in demand.
Due to Consumables
Polymer Composites
Macro-filled composites, hybrid composites, micro-filled composites, and nanocomposites are other sub-segments of the resin composites market.
Dental cement, dental bone grafts, and tissue regeneration materials are the further sub-segments of the dental biomaterial segment.
Topical and injectable procedures make up the additional sub-segments of dental aesthetics. The injectable is further divided into many categories, such as lidocaine, mepivacaine, prilocaine, articaine, benzocaine, tetracaine, and oraqix.
End User
Clinics & Hospitals
In 2019, hospitals and clinics have a 48.3% market share in the dentistry sector. This is so that each patient may have their dental restorations in a single visit at hospitals and clinics.
Dental Specialty Clinics
The majority of cutting-edge operations are carried out in specialty dentistry centres, which are ideal locations. For the final treatment decision and installation of the restoration or correcting device in the patient’s mouth, the dentist supplies the dental laboratory with a complete treatment plan.
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Academic and Research Centers for Dentistry
End customers of dental academic and research institutes include milling facilities, research facilities, and academic facilities. The segment of dental academic and research institutes is anticipated to rise as a result of expanding R&D efforts to create cutting-edge dental implants.
Key vendors:
3M (United States), Bisco, Inc. (United States), Coltene Group (United States), Envista Holdings Corporation (United States), Dentsply Sirona (United States), DMG Chemisch-Pharmazeutische, Fabrik GmbH (Germany), GC Corporation (Japan), Henry Schein, Inc. (United States), i-dental (Lithuania), GC Corporation (J (Mexico)
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