Factors such as the rapid rise in geriatric population, growing dental tourism in emerging markets, rising incidences of dental caries and other periodontal diseases, growing disposable incomes (resulting in increased willingness to spend out-of-pocket), rising demand for cosmetic dentistry, and increasing dental care expenditure are the major factors driving the growth of the global dental consumables market. However the high cost and limited reimbursement for dental care and shortage of dental professionals are expected to restrain the growth of this market to certain extent.
In this report, the dental consumables market is segmented on the basis of type-of-product, type-of-end user, and region. On the basis of product type, the market is segmented into dental restoration, orthodontics, periodontics, endodontics, infection control products, finishing and polishing products, whitening products, and other dental consumables. The dental restoration segment accounted for the largest share of the global dental consumables market in 2015 owing to its wide utilization by dental professionals for the teeth regeneration and restoration procedures. Based on type of end-users, the market is segmented into dental hospitals and clinics, dental academic and research institutes, and forensic laboratories.
Geographically, the global dental consumables market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, Europe commanded a major share of the dental consumables market. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period. Growth in the Asia-Pacific market can be attributed to rising geriatric population and medical tourism will drive the growth of this market in the APAC.
Some of the prominent players in the dental consumables market include Institut Straumann AG (Switzerland), Danaher Corporation (U.S.), DENTSPLY Sirona, Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), 3M Company (U.S.), Ultradent Products, Inc. (U.S.), Young Innovations Inc. (U.S.), Mitsui Chemicals, Inc. (Japan), GC Corporation (Japan), Henry Schein, Inc. (U.S.), and Dentatus USA Ltd. (U.S.).
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