30-Dec-2019 | Zion Market Research
With the existence of a huge number of players, the global dental consumables market is showing an extremely competitive business landscape, as per a new research report by Zion Market Research (ZMR). GC Corporation, Ultradent Products Inc., Dentatus USA Ltd., Mitsui Chemicals Inc., and Zimmer Biomet Holding Inc. are some of the major players in dental consumables all over the globe. These companies in the global market are aiming belligerently on innovation, as well as on adding enhanced technologies in their current goods. Over the coming period, they are also expected to take up acquisitions as well as partnerships and mergers as their major tactic strategy for development of the market, as per the latest research report.
In a major catalyst to dental consumables market, in August 2018, Unigestion Holding SA spent almost US$ 8.02 Million to purchase the share of Dentsply Sirona Inc.
This review is based on a report by Zion Market Research, titled "Dental Consumables Market by Product Type (Dental Implants, Dental Crowns, and Bridges, Dental Biomaterials, Orthodontics, Endodontics, Peridontics and Others) - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021."- Report at https://www.zionmarketresearch.com/report/dental-consumables-market
As predicted in this research, the global market for dental consumables in 2015 stood at US$23.50 billion. Seeing a tremendous increment between 2015 and 2021, the revenue in this market is anticipated to cross US$ 34.50 Billion by the end of 2021. The major products present in the dental consumables market are dental implants, peridontics, endodontics, dental crowns, orthodontics, dental bridges, and dental biomaterials. Amongst these, the demand for dental biomaterials is somewhat more and the trend is expected to stay the same over the coming years, as per the report.
Awareness Of Dental Therapy In Elderly Population To Drive The Global Market Growth
“Awareness regarding dental treatment advantages amongst the elderly population and increasing cosmetic dentistry trends will add significantly towards the growth of dental consumables market in the coming years,” as per researchers at ZMR. Moreover, the global market is expected to be in limelight in the coming future, due to bolstering dental tourism as well as consumers’ preference for availing dental treatments in nations with low costs for dental therapy. Furthermore, rise in the incidents of tooth decays and other periodontal disorders are expected to widen the scope of the global market in the years to come.
Low compensation for dental treatment and rising costs of dental consumables, though, can be a huge hindering factor for the growth of dental consumables market over the forecast period. Nonetheless, launch of new techs in the market is anticipated to drive the popularity of products all over the world, thereby balancing the negative effect on the dental consumables market, as per the report. In addition to this, low penetration of dental implants in developing nations can provide players in the market with growth avenues to explore the untapped potential of the market in the years to come.
Favorable Government Programs To Help Europe Sustain Its Supremacy
Region-wise, Europe has been in No. 1 in the global dental consumables market and is expected to maintain its position in the coming years, as per the dental consumables market report. Rise in the geriatric population and huge demand for enhanced dental treatment techniques is the major factor responsible for the supremacy of the Europe in dental consumables market. Extensive investment by the government in oral healthcare activities is expected to significantly contribute towards the development of this regional market.
This report segments the global dental consumables market as follows:
Global Dental Consumables Market: Product Type Analysis
Global Dental Consumables Market: Regional Segment Analysis
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