Dental Equipment and Consumables Market size is set to exceed USD 32 billion by 2024; according to a new research report by Global Market Insights.

Sellbyville, DE -- (SBWire) -- 10/26/2018 --Dental Equipment and Consumables Market was valued at USD 21.4 billion in 2017 and is projectd to witness 6.1% CAGR from 2018 to 2024.

Growing number of patients with deteriorating oral health is projected to drive dental equipment and consumables market size over forecast period. Disorders such as periodontitis, gingivitis, infections and oral thrush largely affects young as well as adult populations across the globe. For instance, according WHO approximately 15-20% of adults suffer from periodontal disease and 60-90% of children are diagnosed with dental cavities. Poor oral hygiene and changing eating habits such as excessive tobacco, sugar and alcohol consumption further increases the risk of chronic dental diseases.

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Technological advancements in dental equipment will positively impact dental equipment and consumables market. Usage of X-rays, lasers, intraoral cameras and CAD/CAM technology for detection of various dental problems will escalate the demand for dental equipments. For instance, laser dentistry is less invasive procedure that can serve as an alternative to other procedures. Moreover, technologies such as air abrasion, intraoral scans and dental implants further stimulate the market demand, thereby increasing industry revenue.

Some of the major industry players competing in global dental equipment and consumables market are :-

- A-Dec, Inc.
- AMD Lasers
- BioLase
- Carestream Dental LLC
- Danaher Corporation
- Dentsply Sirona
- GC Orthodontics America
- Henry Schein
- Ivolclar Vivadent Aktiengesellschaft
- Kerr Corp
- Midmark Corporation
- Patterson Companies
- Planmeca OY
- Straumann Holdings
- 3M
- Zimmer Dental

The competitors are adopting strategic initiatives such as collaborations and partnership to sustain and expand their business in dental equipment and consumables market. For instance, in March 2018, Dentsply Sirona and North American Dental Group announced their comprehensive partnership, thereby helping the company in increasing its business revenue.

The global burden of dental disorders and diseases is increasing at a rapid pace, that directly stimulate the adoption rate of dental equipments and consumables. Dental caries is a major dental problem in developing regions. Growing intake of sugars and insufficient consumption of fluorides increase the risk of dental caries in Africa. Additionally, tooth decay, gum diseases, oral cancer and chronic dental diseases also contribute to increasing dental issues. According to Centers for Disease Control (CDC), 46% of adults suffer from gum disease amongst which 9% are severe cases. Such growing dental problems will largely accelerate the market size.

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Dental consumables segment held the largest revenue of USD 13.8 billion in 2017 owing to increased use of dental prosthetics, endodontics products and syringes. Rise in number of dental procedures has surged the demand for anesthetics and prosthetics. Affordability and readily available prosthetics such as crowns and dentures will positively impact segment growth. Dental prosthetics held largest revenue share of 41.1% among other consumables in 2017. Large demand of fixed as well as removable prosthesis due to increasing number of people with missing teeth and periodontal diseases will significantly impel the segment growth in forthcoming years.

Dental clinics estimated to be the largest revenue generating segment, growing at a remarkable 6.3% CAGR from 2018 to 2024. Affordability and convenience form the major factors driving dental clinics segment growth. Moreover, usage of advanced technology in treatment and diagnosis of dental disorders as well as improved efficiency has increased number of visits in dental clinics. Rising number of new dental facilities will boost the demand and patient visits to dental clinics during forecast timeframe.

U.S. dominated regional dental equipment & consumables market in 2017, with revenue of USD 7.6 billion, owing to rising demand for cosmetic surgery as well as increasing number of patients with dental issues. Large spending on dental procedures and cosmetic surgeries has resulted in expansion of U.S. dental equipment market. According to ADA, one in every four adults suffer from cavities that go untreated. This will create high demand for dental equipment and consumables for treatment and diagnosis of the same. Also, access to Medicaid facilities and better healthcare infrastructure in U.S. will further stimulate industry growth.

Asia Pacific will grow with a significant CAGR 8.8% in upcoming years due to rising number of elderly population that is vulnerable to dental disorders as well as greater affordability associated with dental treatment.

Japan accounted for USD 1.6 billion in 2017 and is expected to grow at a fast pace owing to large number of dental facilities coupled with availability of high-end technologies. Japanese dental clinics utilize preventive technologies as well as CAD/CAM technologies for dental imaging. Also, The Japanese Dental Association focused its efforts on association between dental health and diabetes. Such initiatives will positively impact industry expansion in japan in forecasted timeframe.

Dental Equipment and Consumables Market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:

Dental Equipment and Consumables Market, By Product
o Equipment
o Dental Lasers
o Dental Radiology Equipment
o Laboratory Machinery
o Systems and Parts
o Hygiene Maintenance
o Others
o Consumables
o Dental Prosthetics
o Dental Anesthetics
o Dental Prosthetics
o Dental Syringes
o Endodontics
o Others

Dental Equipment and Consumables Market, By End-Use
o Hospitals
o Ambulatory Surgical Centers
o Dental Clinics
o Others