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Dental Industry Market Valued at USD 67.1 Billion, at a Healthy CAGR of ~ 7.1% by 2032

Jan 18, 2024 3:00 PM ET

Dental Industry Market Valued at USD 67.1 Billion, at a Healthy CAGR of ~ 7.1% by 2032

Dental Industry Market Research Report Information By Discipline (Endodontics, Restorative Dentistry, Prosthodontics, Periodontics, Orthodontics, Cosmetic Dentistry, and Oral Surgery), By Consumables (Resin Composites, Dental Biomaterial, Dental Aesthetic, Endodontic Supplies, Gingival Retraction Material, and Whitening Material), By End-User (Hospitals & Clinics Specialty Dental Centers, and Dental Academic & Research Institutes), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2032

According to MRFR analysis, the global Dental Industry Market is expected to register a CAGR of ~7.1% from 2023 to 2032 and hold a value of over USD 67.1 billion by 2032.

The dental industry refers to the sector involved in the production, distribution, and provision of dental products, services, and equipment. It encompasses a wide range of activities related to oral health, including dental treatments, preventive care, oral hygiene products, dental laboratories, and dental insurance. The COVID-19 pandemic had a significant impact on the dental industry worldwide. Dental practices were forced to close or limit their operations during lockdowns and periods of high transmission rates.

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This led to a decline in routine dental visits and non-essential procedures, causing a substantial drop in revenue for dental practices. Additionally, fear of infection and financial uncertainty resulted in many patients postponing or canceling their dental appointments.

Segmentation

The Global Dental industry market has been segmented into Discipline, Consumables and End-User           

Based on Discipline: Endodontics, Restorative Dentistry, Prosthodontics, Periodontics, Orthodontics, Cosmetic Dentistry and Oral Surgery

Based on Consumables: Resin Composites, Dental Biomaterial, Dental Aesthetic, Endodontic Supplies, Gingival Retraction Material and Whitening Material

Based on End-User: Hospitals & Clinics Specialty Dental Centers, Dental Academic And Research Institutes

Key Players

Some of the market key players are Aspen Dental Management Inc., InterDent, Inc., National Health Service England, The British United Provident Association Limited, and Apollo White Dental

Regional Analysis

The global dental industry market is studied across five major regions, including the Middle East & Africa, Asia-Pacific, Europe, and the Americas.

The American region is further divided into Latin America and North America. As per the MRFR research reports, the North American regional market is likely to secure the top position in the dental industry globally. The Americas contributed the largest share in the dental industry market in 2019. The rising prevalence of dental disorders is driving the regional market’s growth, the need for a preventive, surgical, and restorative device for dental care, the growing elderly population, and the high demand for dental procedures.

The European regional market will likely record substantial growth over the review timeframe. The regional market’s growth is attributed to the growing demand for dental devices and the availability of advanced diagnostic and therapeutic options.

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The dental industry market for the Asia-Pacific region is anticipated to record the highest growth over the forecasted era. The upsurge in the regional market’s growth is caused by a large number of pharmaceutical companies, increased government initiatives, and growing healthcare spending.

The Middle East & African regional dental industry market is projected to record steady growth over the forecasted era. The regional market’s growth is being driven by the ever-increasing demand for dental cosmetic surgeries and the increasing number of companies and subsidiaries. However, the lack of oral healthcare awareness in Saudi Arabia is a primary growth restricting aspect in the regional market.

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