by The global Dental Market is estimated to be valued at US$ 36609.25 Mn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The dental market consists of products such as dental implants, crowns & bridges, dental prosthetics, orthodontics, dental equipment, dental Biomaterials and others. These products are used during dental treatment procedures to replace missing teeth, repair chipped or broken teeth, close gaps between teeth, and improve dental aesthetics. Factors such as the growing demand for cosmetic dentistry and technological advancements are driving the growth of the market.
Market key trends:
One of the key trends in the Global Dental Market is the development of digital dentistry using new technologies such as 3D printing, CAD/CAM (computer-aided design and computer-aided manufacturing) and intraoral scanners. These digital technologies help dentists in chairside treatments, reduce turnaround times and offer aesthetic restorations with high precision. For example, 3D printing technology is used to manufacture dental implants, dentures, surgical guides and models with accuracy by printing layer upon layer of material based on a digital CAD file. These digitally engineered solutions are becoming increasingly popular in dentistry.
Segment Analysis
The global dental market is segmented into dental consumables, dental equipment, and dental implants. Among these, the dental consumables segment dominated in 2022 and is expected to continue its dominance over the forecast period. This is attributed to frequent use of dental consumables such as dental implants, dental crowns, and dental bridges that requires regular replacement.
Key Takeaways
Market size
The global dental market is expected to witness high growth, exhibiting CAGR of 6.7% over the forecast period 2023 to 2030, due to increasing prevalence of dental disorders and growing dental tourism in developing economies. The market size for 2023 is US$ 36609.25 Mn.
Regional analysis
North America dominated the global dental market in 2022 owing to growing prevalence of tooth decay and periodontal diseases. Asia Pacific is expected to exhibit fastest growth over the forecast period due to rising geriatric population and increasing healthcare expenditure in the region.
Key players
Key players operating in the dental market are Straumann Group, Zimmer Biomet Holding, Inc., Danaher Corporation, Dentsply Sinora Inc., BioHorizons IPH, Inc., Henry Schein, Inc., Osstem Implant Co. Ltd., Avinent Implant System, A-Dec Inc., Nobel Biocare, Sonoma Pharmaceuticals, Inc, and Nexa3D. Domestic players in regional markets also have a substantial presence offering cost-effective solutions.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
