DUBLIN--(BUSINESS WIRE)--Nov 25, 2021--
The "Dental Consumables Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The Dental Consumables Market is poised to grow at a CAGR of 7.2% during the forecast period of 2021-2026.
- 3M Company
- Dentsply Sirona
- Henry Schein Inc.
- Hu-Friedy Mfg Co.
- Ivoclar Vivadent AG
- Nakanishi Inc.
- Patterson Companies Inc.
- Ultradent Products Inc.
- Young Innovations Inc.
- Thommen Medical AG
- Osstem Implant Co. Ltd
- Jeil Medical Corporation
- Ziacom Medical
- Zimmer Biomet
Key Market Trends
Dental Implant is Expected to Hold Significant Market Share in Product Segment
Dental implants are components that are used for supporting the prosthetic teeth. These are surgically fixed in the jawbone. It fuses with jawbone and provides stability to the prosthetic teeth. It allows easy movement of chewing and speaking, since it is fixed to one position and do not shift up. Chances of age-related dental problems, such as loss of teeth, are increasing with growing aging population. Rapid increase in age related dental problem is expected to increase demand for dental implants and fuel its market growth. Furthermore, government and other organizations are taking initiatives to increase awareness among people about the age-related dental disorders.
For instance, in February 2021, National Children's Dental Health Month was celebrated by the American Dental Association to increase the awareness of dental health amongst children. Companies are taking initiatives to develop new products related to dental implants. For instance, in June 2019, Southern Implants, Pty. launched its product, the Innverta implant. It is based on body shift design and deep conical, and external hex connections. It provides a chamber for the bone growth and the wider apical portion ensures stability of the prosthetic teeth. However, the ongoing COVID -19 pandemic has affected the sales of many global players in the dental implant industry. According to Dentsply first quarter 2020 results, the company has witnessed decline in implant sales mentioning that it is mostly related to dentists and customers reducing dental procedures. With the increase in age, the prevalence of dental caries increases drastically, leading to greater demand for treatment options with implants.
North America Dominates the Market and is Expected to do the Same in the Forecast Period
The North America region is expected to hold a major position in the dental consumables market, owing to the increasing incidences of dental diseases, growing geriatric population, and rising adoption toward cosmetic dentistry for aesthetic purposes. In the North America region, the United States is slated to be the largest market due to the presence of a large number of dental consumable manufacturers.
According to gotoapro.org in 2021, approximately 2.3 million implant-supported crowns are made annually in the United States. According to the United States Department of Health and Human Services, in 2019, more than 40% of adults complained of pain in their mouth within the year, while more than 80% of people would have had at least one cavity by age 34. The country spends more than USD 124 billion on costs related to dental care each year. The presence of some of the key players and their increasing investment in the market is expected to impact positively on the market. In 2019, DMG America LLC introduced the product "LuxaCrown" in the United States. It's a semi-permanent crown and bridge material that features with increased longevity of up to 5 years.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Demand for Cosmetic Dentistry
4.2.2 Increasing Incidence of Dental Diseases
4.3 Market Restraints
4.3.1 High Cost and Limited Reimbursement for Dental Treatments
4.3.2 High Risk and Complications Associated With Dental Bridges and Orthodontic Treatments
4.4 Porter's Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Product Type
5.2 By Treatment
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/x6ol8e
View source version on businesswire.com:https://www.businesswire.com/news/home/20211125005937/en/
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INDUSTRY KEYWORD: DENTAL HEALTH
SOURCE: Research and Markets
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PUB: 11/25/2021 05:53 AM/DISC: 11/25/2021 05:53 AM