Dental Industry Market Overview
The global dental industry market is expected to reach USD 61.5 billion at 6.9% CAGR during the assessment period 2022-2030. Increase in the dental diseases was one of the major factors which contribute to the growth of the dental industry market. On a large scale, both children and adults experienced the dental caries. The tooth loss and decay are prevalent in the people with low socioeconomic status, older adults and children with Hispanic ethnicity and non-hispanic blacks.
The growth of the dental industry was raised by the availability of skilled dental practitioners and advanced facilities of treatment in hospitals and clinics. The North America and Latin America has the largest share in the market in 2019 which was attributed to the increase in the prevalence of the dental disorders which leads to the high demand of dental procedures, growing elderly population which are prone to many dental disorders and need of preventive, restorative and surgical device for the dental care.
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The dental industry market was also grown by the increase in the number of older populations. The growth of the dental device market was augmented as the demand of dental devices was increasing in the European region. In the European region, the availability of advanced diagnostic and therapeutic options leads to the growth of the market. During the forecast period, Asia Pacific was expected to grow with the highest market because of the increase in the initiatives taken by the government and presence of large number of pharmaceutical companies which are focusing on the dental treatment.
The growth of the Asia Pacific market was fuel by the initiatives taken by the government for supporting the healthcare system. Among the children, there was a lack of oral healthcare awareness in the Saudi Arabia which was a major concern for the people in the country. The intended audience involved in the global dental industry market are – Hospitals, Clinics and Academic Institutes.
The global dental industry market was segmented on the basis of discipline, consumables and end user.
On the basis of discipline, the global dental industry market was divided into Oral Surgery, Endodontics, Cosmetic Dentistry, Restorative Dentistry, Orthodontics, Prosthodontics, Maxillofacial Surgery and Periodontics.
On the basis of consumables, the global dental industry market was divided into Dental Syringe, Whitening Material, Dental Burs, Resin Composites, Denture Adhesive, Gingival Retraction Material, Dental Biomaterial, Endodontic Supplies, Dental Impression and Dental Aesthetic.
On the basis of end user, the global dental industry market was divided into Dental Academic & Research Institutes, Hospitals & Clinics, and Specialty Dental Centers.
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The global dental industry market was spread in the following regions – Europe includes UK, Germany, France, Spain, & Italy; Eastern Europe; Latin America; North America includes Canada & US; Asia Pacific includes India, Japan, China, South Korea & Australia; Middle East and Africa.
The key players involved in the global market are – Coltene Group (Switzerland), 3M (US), Dentsply Sirona (US), Allergan plc (US), and Henry Schein Inc. (US).
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