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Dental Industry Market Technology, Trends, Demand Key Factors, Market Segments Regions and Industry Forecasts Analysis to 2027 – The Manomet Current

Dental News by Dental News
July 28, 2021
in Endodontist
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Dental Industry Market Technology, Trends, Demand Key Factors, Market Segments Regions and Industry Forecasts Analysis to 2027 – The Manomet Current
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Dental Industry Market Overview

The global dental industry market is slated to grow steadily at a healthy CAGR of 5.28% over the forecast period and acquire a substantial market value.

Market Dynamics

The dental industry is one of the healthcare industry’s most significant and glamorous industries. The main drivers that drive the dental industry include increasing population, elderly populations, increased demand for tooth whitening, and increased demand for root canal procedures. The intake of nicotine, alcohol, and an unhealthy diet are major factors contributing to tooth decay, which is the most prevalent form of chronic disease worldwide. As a result, the prevalence of oral cancer and gum diseases is expected to rise in the population. With the advent of innovative technologies, emerging medical tourism relating to dental treatment, and the launch of several government programs for public oral health services, the industry is being further matured. Dental tourism has risen in developing countries due to the high rates of healthcare in advanced nations as dental services have become a luxury in developed nations. Various government interventions in various countries are proving to be advantageous to enhancing the affordability and access to oral health care services; this is expected to accelerate the development of the sector.

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Various factors are adding to the global dental market growth. Such factors, according to the new MRFR report, include rising geriatric population, the inclusion of 3D technology, increasing per capita income, better technological support, and rising cases of oral disease. Besides, demand for various dental procedures, rising prevalence of gum disease and oral cavity cancer & gum diseases, rise in technology, increasing awareness about oral health, consumers rising disposable income, changing lifestyles, and participation of health insurer reimbursements are also adding market growth. 

On the contrary, low dental insurance coverage may limit the dental market growth over the forecast period. 

Dental Industry Market Segmentation

The MRFR report offers an inclusive segmental analysis of the global dental market report based on end users, discipline, and consumables.

By discipline, the global dental market is segmented into oral surgery, prosthodontics, orthodontics, restorative dentistry, endodontics, and periodontics. 

By consumables, the dental market is segmented into endodontic supplies, dental anesthetic, dental syringe, dental biomaterial, gingival retraction material, dental burs, and whitening material. Dental biomaterial is again segmented into regenerative tissue material, dental cement, and dental bone graft. Gingival retraction material is again segmented into gingival retraction cap/gels/paste, gingival hemostatic agents, and gingival retraction cord. Dental anesthetic is again segmented into non-injectable anesthetic, topical anesthetics, and injectable anesthetic. Dental syringe is again segmented into non-disposable syringes and safety syringes/disposable syringes. Endodontic supplies are again segmented into cement and files. 

By end user, the dental market is segmented into research institutes, dental hospitals and clinics, and dental institutes and dental academics. 

Dental Industry Market Regional Analysis

Based on the region, the dental market report covers the recent trends & growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will dominate the market over the forecast period for a huge patient pool having different oral issues, presence of several market players, and demand for cosmetic surgery. Additional factors adding market growth include easy inclusion of technologies, infrastructural backing, and better scope for investment. Canada & the US are the chief contributors in the region for the rising number of patients needing help from dentists. 

The dental market in Europe is predicted to hold the second-largest share over the forecast period. Factors adding to the dental market growth in the region include gum problems, increasing tobacco consumption, and rising geriatric population. Besides, technological inclusion, better investment capacity, and Hungary being the dental tourism hub are also adding market growth. 

The dental market in the APAC region is predicted to grow at the fastest pace over the forecast period for the changes in infrastructure and rising investments in the healthcare sector. Australia, Japan, India, and China are the chief contributors in the region. 

The dental market in the MEA is predicted to have slow growth over the forecast period for the presence of countries that are economically poor. 

Dental Industry Competitive Landscape

Leading players profiled in the global dental market report include Biomet, Zimmer Kangda Medical, 3M Company, Ultradent Products Inc., Young Innovations Inc., Patterson Companies Inc., Dentsply Sirona, Ivoclar Vivadent AG, Nakanishi Inc., Henry Schein Inc., and Hu-Friedy Mfg Co. Industry players have incorporated several strategies to stay ahead in the competition, such as geographic locations, mergers and acquisitions, expansions, joint ventures and collaborations, new product launch and development, contracts, and extensive R&D. 

 

OBTAIN RESEARCH REPORT DETAILS WITH TOC @ https://www.marketresearchfuture.com/reports/dental-industry-market-7637 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 SCOPE OF THE STUDY 39

2.2 RESEARCH OBJECTIVE 39

2.3 MARKET STRUCTURE 39

2.4 ASSUMPTIONS & LIMITATIONS 40

3 RESEARCH METHODOLOGY

3.1 DATA MINING 41

3.2 SECONDARY RESEARCH 42

3.3 PRIMARY RESEARCH 43

3.4 BREAKDOWN OF PRIMARY RESPONDENTS 44

3.5 FORECASTING TECHNIQUES 44

3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 45

3.6.1 BOTTOM-UP APPROACH 46

3.6.2 TOP-DOWN APPROACH 46

3.7 DATA TRIANGULATION 47

3.8 VALIDATION 47

4 MARKET DYNAMICS

4.1 OVERVIEW 48

4.2 DRIVERS 49

4.2.1 RISING PREVALENCE OF DENTAL DISEASES 49

4.2.2 INCREASING EXPENDITURE ON DENTAL HEALTHCARE 49

4.2.3 RISE IN DEMAND FOR COSMETIC DENTISTRY 49

4.3 RESTRAINTS 50

4.3.1 HIGH COST OF DENTAL CARE AND LIMITED REIMBURSEMENTS 50

4.4 OPPORTUNITIES 51

4.4.1 MORE ADVANCED PRODUCTS 51

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS 52

5.1.1 R&D AND DESIGNING 53

5.1.2 MANUFACTURING 53

5.1.3 DISTRIBUTION 53

5.1.4 MARKETING AND SALES 53

5.2 PORTER’S FIVE FORCES MODEL 53

Continued…

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