(PharmaNewsWire.Com, September 27, 2017 ) According to the report North America Dental Consumables Industry, published by Market Data Forecast, The Industry is valued at $6.475 USD billion for the year 2015 and is poised to reach $7.48 USD billion by the end of 2020 at a CAGR of 2.94%.
Generally, dental consumables are used for the treatment of dental disorders such as problems associated with gingival tissues, tooth restoration and dental impairments. With the shift in patient's choice trends and upsurge in the demand for cosmetic dentistry, the dental consumables Industry is showing high potential for growth.
The North America Dental Consumables Industry can be segmented Dental Burs, Whitening Materials, Dental Anaesthetics, Dental Biomaterials, Dental Syringes, Dental Prosthetics and Endodontics. And by End Users the Industry is Segmented into Hospitals, Research and Academic Institutes & Forensic labs. Within the forecast period, the Industry is expected to be dominated by the orthodontics owing to the growing popularity of cosmetic dentistry. The crowns & bridges segment accounts to one-fourth of Industry with ceramic CAD/CAM - which is a section within the crowns and bridges Industry, is exhibiting great potential.
Furthermore, on the basis of geography, the North America Industry is analysed under various regions namely, USA and Canada. The American dental-service economy generates roughly $60 billion per year in patient fees and practice activity, an amount that has been growing due demographics and patient behaviour as well as technology and dental-care access. The United States has the largest share in dental equipment Industry followed by Canada and Mexico. The growing incidences of oral health problem in North America is propelling the growth of the Industry.
Increasing geriatric population in USA compared to other developed nations, rising demand for cosmetic dentistry, government-supported dental reforms in developed countries are the key factors driving the growth of the Industry. With the surge in healthcare and cosmetic expenditures of people in the developed countries, the Industry for dental consumables is set for a high growth.
However, lack of awareness among the people regarding the available technologies in the Industry, dearth of appropriate reimbursement policies by governments, high cost of treatment, and regulatory requirements are turning out to be key challenges for North American dental equipment Industry.
DENTSPLY International Inc. occupies the Industry leader position in the North America dental consumables Industry. This can be credited to the company’s wide-ranging product portfolio. Some of the key players in the North America dental consumables Industry include, Biomet 3I, 3M ESPE Dental Solutions, Henry Schein, Inc., Sybron Dental Specialties, Patterson Companies, Inc., Ivoclar Vivadent Ag, Zimmer Dental, Straumann, Danaher, Sirona, Heraeus Dental and Align Technology
Key Points from Table of Contents Overview • Executive Summary • Key Inferences • New Developments Drivers, Restraints, Opportunities, and Challenges Analysis (DROC) North America Dental Consumables Industry: Segmentation • by Type o Dental Burs o Whitening Materials o Dental Anaesthetics o Dental Biomaterials o Dental Syringes o Dental Prosthetics o Endodontics • By End User o Hospitals and Clinics o Academic and Research Institutions o Forensic Labs Geographical Analysis • United States • Canada Strategic Analysis • PESTLE analysis • Porter’s Five analysis Industry Leaders' Analysis Competitive Landscape
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