Dental Products Market Poised for USD 12.5 Billion by 2032, Driven by Rising Demand and Aging Population
Research Reports
May 20, 2024
Market Overview
Dental Products Market Research Report Information By Device Type {Therapeutic Dental Equipment (Dental Operatory & Treatment Center Equipment [Dental Units, Dental handpieces, Dental light-curing equipment, Electrosurgical systems, Other Dental Operatory & Treatment Center Equipment], Dental Laboratory Equipment [CAD/CAM systems, Milling Equipment, 3D Printing Equipment, Casting machines, Ceramic furnaces, Other dental laboratory equipment], Dental Lasers [Soft-tissue lasers, All-tissue lasers]), Diagnostic Dental Equipment (Extraoral Imaging Systems [Panoramic systems, 3D CBCT systems, Panoramic & cephalometric systems], Intraoral Imaging Systems [Intraoral X-ray systems, Intraoral sensors, Intraoral photostimulable phosphor systems, Intraoral cameras], Dental Imaging Software)}, By End User {Hospitals and Clinics, Research and Academic Institutes, and Other End Users}, By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.
The Dental Products Market Size was valued at USD 6.9 Billion in 2022. The dental products market industry is projected to grow from USD 7.36 Billion in 2023 to USD 12.473 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.80% during the forecast period (2024 – 2032).
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Market Dynamics
The market CAGR is growing due to an increase in oral health issues, such as periodontal disease, oral cancer, and oro-dental trauma
Future growth in the dental products market is anticipated to be driven by increasing demand for dental services. Dental treatments involve medical procedures and interventions performed by dental specialists to address oral health issues. Dentists rely on dental products and supplies to diagnose, treat, and maintain oral health, tackling problems such as cavities, gum disease, and improper tooth alignment. For example, a study released by the National Health Service in the United Kingdom reported that in August 2023, 32.5 million dental treatments were administered, a 23.2% increase from 26.4 million treatments in 2021. As demand for dental care rises, the dental supply and equipment market is expected to expand.
The aging population is also expected to drive demand for dental supplies and equipment. As people age, the likelihood of experiencing various oral issues and significant tooth loss increases, leading to higher demand for diagnostic, therapeutic, and surgical dental supplies and equipment. The World Health Organization predicted in October 2022 that by 2030, one in six people globally will be 60 years of age or older, with the elderly population growing from 1 billion in 2020 to 1.4 billion in 2022. This demographic shift is expected to drive the market for dental products throughout the projected period, thereby increasing dental products market revenue.
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Segment Analysis
The global dental products market is segmented into device type and end user.
Device Type:
- Therapeutic Dental Equipment:
- Dental Operatory & Treatment Center Equipment: Dental Units, Dental Handpieces, Dental Light-Curing Equipment, Electrosurgical Systems, Other Dental Operatory & Treatment Center Equipment.
- Dental Laboratory Equipment: CAD/CAM Systems, Milling Equipment, 3D Printing Equipment, Casting Machines, Ceramic Furnaces, Other Dental Laboratory Equipment.
- Dental Lasers: Soft-Tissue Lasers, All-Tissue Lasers.
- Diagnostic Dental Equipment:
- Extraoral Imaging Systems: Panoramic Systems, 3D CBCT Systems, Panoramic & Cephalometric Systems.
- Intraoral Imaging Systems: Intraoral X-Ray Systems, Intraoral Sensors, Intraoral Photostimulable Phosphor Systems, Intraoral Cameras.
- Dental Imaging Software.
The therapeutic dental equipment segment held the largest market share in 2023, driven by technological advances, an aging population, and increased dental health awareness. Dental professionals are achieving better outcomes with therapeutic dental equipment like intraoral cameras, dental lasers, and air abrasion devices.
End User:
- Hospitals and Clinics
- Research and Academic Institutes
- Other End Users
The hospitals and clinics segment was expected to hold the largest market share in 2023. This growth is attributed to the expansion of dentistry departments in hospitals and easier access to advanced, digitally enhanced equipment. Additionally, the increasing prevalence of dental conditions is significantly propelling this market segment.
Regional Analysis
The global dental products market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
North America: Comprising the US and Canada, this region maintained the largest market share for dental products. Contributing factors include the rise in dental illnesses, widespread adoption of new dental technologies like digital radiography, intraoral cameras, lasers, and CAD/CAM systems, and an increase in dental appointments.
Europe: Includes Germany, France, the UK, Italy, Spain, and the rest of Europe. The market here has been growing due to a high number of producers, an increasing senior population prone to oral health issues, and favorable reimbursement policies. The rising trend towards cosmetic dental operations and the use of dental supplies like bridges and crowns also drives market growth.
Asia-Pacific: Segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. This region is anticipated to experience the quickest growth over the forecast period, supported by sophisticated healthcare infrastructure and a strong commitment to R&D in emerging economies like China, Japan, and India. Asia is predicted to account for 43.6% of global R&D expenditure, with the highest contributions from China, Japan, and India.
Rest of the World: Comprising the Middle East, Africa, and Latin America. Rapid global growth is anticipated in these regions due to factors like an aging population, robust healthcare systems, well-defined reimbursement guidelines, presence of major industry players, and advancements in preventative and restorative dentistry.
Browse In-depth Market Research Report (128 Pages) on Dental Products: https://www.marketresearchfuture.com/reports/dental-products-market-21469
Competitive Dynamics
MRFR recognizes the following companies as the key players in the global dental products market – DENTSPLY SIRONA Inc. (US), Envista Holdings Corporation (US), Align Technology Inc. (US), Carestream Dental LLC (US), and Planmeca (Finland).
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