Global Dental Devices and Consumables Market Report Size 2022 Growth, Share, Product Types and Application, Top Key Players with Sales, Price, Business Overview, SWOT Analysis 2030

Kenneth Research, in its repository of market research reports, have recently added a report on Global Dental Devices and Consumables Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Global Dental Devices and Consumables Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical/Energy industries, creating a huge demand for products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Dental Devices and Consumables Market is valued approximately at USD 28.0 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 5.0% over the forecast period 2019-2026. Dental devices and consumables are the type of products that are utilized in the ailment of several dental disorders such as dental impairments, problems related to tooth restoration and gingival tissues. Dental devices are primarily consumed to repair the impairments and consumables are biomaterials, crowns & bridges, orthodontics, dental implants, periodontics and endodontics used in several dental treatments. Increasing incidences of dental disorder among aging population, growing demand for cosmetic dentistry, along with technological advancements in dental products are the few factors responsible for high CAGR of the market over the forecast period. For instance, as per American Academy of Implant Dentistry, about 3 million people have implanted their tooth and 5,00,000 people receive implant in US per year whereas 15 million people in US have either bridge replacement or crown for their missing teeth. Moreover, growing dental tourism in developing economies is the major factor likely to create lucrative growth opportunities to the market growth in the forecasting years. However, high cost of dental instruments, lack of reimbursement and lack of patient awareness are the few factors restraining the growth of global Dental Devices and Consumables market during the forecast period of 2019-2026.

The regional analysis of global Dental Devices and Consumables Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing demand for dental implants & surgeries, rising dental care expenditure, along with high disposable income in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period due to rising government initiatives to educate the population about the severity of oral health and hygiene would further enhancing the growth of the market in the Asia-Pacific region.

Major market player included in this report are:
Zimmer Biomet
3M
Danaher Corporation
Ultradent Products Inc.
Henry Schein, Inc.
BioHorizons IPH, Inc.
Institut Straumann AG
Dentsply Sirona
Ivoclar Vivadent Marketing (India) Pvt. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:

By Devices:
General & Diagnostic Devices
Treatment-Based Devices

By Product:
Dental Restoration
Orthodontics
Periodontics
Endodontics
Infection Control Products
Others

By End-User:
Dental Hospitals
Dental Clinics
Dental Academic & Research Institutes

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Dental Devices and Consumables Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.

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