Dental Industry Market Size Worth USD 42.24 Billion by 2027, says Market Research Future (MRFR) – Business

dental industry market

Dental Industry Market Overview

The global dental industry market is expected to register a CAGR of 5.28% during the assessment period from 2020 to 2027, reaching US$42.24 billion by 2027. Rising rate of dental infections and other periodontal diseases, increasing demand for dental care and dental surgery facilities Treatments, rising dental care staff, all along with technological improvements, is driving this market forward. One of the main elements driving the growth of the dental industry is the rise in dental problems. Tooth decay affects children and adults extensively.

Moreover, dental services developers who are increasingly replacing metal-based restorations with ceramic-based dental restorations will be another major technology trend in the market. This could be due to the better performance and aesthetic properties that dental ceramics provide. Technological advances in dental ceramics backed by innovative materials cutting and imaging techniques with CAD/CAM as well as laser processes help enhance the bending toughness and strength of the restorations.

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Top strategies used by Dental Implants industry vendors include Food and Drug Administration approvals, joint ventures, acquisitions, collaborations, and expansions. To be clear, in December 2021 Dental365 acquired the Dental Services Organization (DSO), a beacon of dental health. The combination of the two wealthy dental platforms will expand their services to five states, namely New Jersey, New York, Massachusetts, Rhode Island and Connecticut. Dental365 anticipates that the synergy developed through this acquisition will leverage its ability to provide outstanding dental services and outstanding outcomes to a rapidly growing number of patients.

The main players in the dental industry market

Prominent players in the global dental industry market are 3M (US), Allergan plc (US), Coltene Group (Switzerland), Dentsply Sirona (US), Henry Schein, Inc. (United State).

Dental Industry Market Segmental Analysis

The global dental industry market has been segmented by product into specialties, consumables, and end users.

Endodontics, restorative dentistry, prosthodontics, periodontology, cosmetic dentistry, oral surgery, and maxillofacial surgery are the specialties that comprise the market. Due to the increase in root canal treatment, the endodontic segment has the largest market share in 2019.

Resin compounds, dental biomaterials, dental esthetics, endodontic supplies, gum retraction materials, bleaching materials, dental adhesives, dental imprints, dental burs and dental syringes constitute the worldwide dental industry market through consumables. As resin compounds are widely used in the treatment of dental caries, the sector of resin compounds has been dominated by the consumables sector.

Hospitals, clinics, specialty dental facilities, academic and research dental institutes constitute the dental industry market worldwide by the end user. The expansion of the dental industry is further supported by the availability of trained dental practitioners and improved treatment facilities in hospitals and clinics.

Dental Industry Market Regional Outlook

The Americas, Europe, Asia Pacific, Middle East and Africa are the four regions that make up the global dental industry market.

In 2019, the Americas held the largest market share. The frequent prevalence of dental disorders, which has led to a high demand for dental procedures, the increasing number of elderly, exposed to many oral disorders, and the need for preventive, restorative and surgical equipment for dental care contributed to this dominance. Moreover, an aging population is aiding in the expansion of the dental sector market.

The need for dental devices is increasing in Europe, which is driving the dental device market forward. The availability of advanced diagnostic and therapeutic alternatives also contributes to the growth of the market.

Due to the increasing government initiatives and the presence of a large number of pharmaceutical companies focusing on dental treatment, the Asia Pacific region is expected to witness the largest growth in the market during the projection period. Government actions to assist the healthcare system are fueling the region’s market growth.

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The dental sector and the ever-increasing demand for cosmetic dentistry in the Middle East and Africa region is driven by the growing number of companies and subsidiaries in the region. Furthermore, the lack of awareness of oral health care among consumers in Saudi Arabia, especially the youth, is a serious concern. These factors are driving the market in this region forward.

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