PR Newswire
SAN FRANCISCO, July 6, 2023
SAN FRANCISCO, July 6, 2023 /PRNewswire/ -- The global dental consumables market size is expected to reach USD 57.7 billion by 2030, based on a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 7.9% from 2023 to 2030. Factors such as increasing demand for cosmetic dental procedures, increased implant usage, growing dental tourism, an aging population, and global economic expansion are driving the market growth. Dental treatments are considered crucial in medical tourism as people travel to other areas and nations for surgeries that are either too costly or unavailable in their native country. In addition, dental specialists keep competing for their business. A wide range of treatment alternatives provided by professionals and cosmetic dentistry has experienced a huge increase in demand for dental consumables over the years.
Key Industry Insights & Findings from the report:
Read full market research report, "Dental Consumables Market Size, Share & Trends Analysis Report By Product Type (Dental Implants, Crowns & Bridges, Dental Biomaterials, Orthodontic Materials), By End-use (Hospitals, Dental Clinics), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.
Dental Consumables Market Growth & Trends
Emerging economies are also contributing to the growth of the dental industry. Rising income levels are likely to drive the premium category of dental consumables to perform better in developing markets. Simplicity, convenience, and standardization of treatment regimens in industrialized countries, on the other hand, will save chair time and promote market expansion.
The COVID-19 pandemic massively impacted the dental care industry in the initial phase. Many countries were put under lockdown, suspending trade with other nations & imposing travel restrictions, resulting in a drop in the healthcare industry's progress, particularly dental care. The dental practices were not allowed to operate within the social distance guidelines imposed by the governments. Only emergency cases were allowed. According to the ADA, non-emergency dental procedures were postponed. However, the market has been recovering at a steady speed.
Dental Consumables Market Report Scope
Report Attribute | Details |
Market size value in 2023 | USD 33.8 billion |
Revenue forecast in 2030 | USD 57.7 billion |
Growth rate | CAGR of 7.9% from 2023 to 2030 |
Base year for estimation | 2022 |
Actual estimates/Historic data | 2018 - 2020 |
Forecast period | 2023 - 2030 |
Dental Consumables Market Segmentation
Grand View Research has segmented the global dental consumables market based on product type, end-use, and region:
Dental Consumables Market - Product Type Outlook (Revenue, USD Million, 2018 - 2030)
Dental Consumables Market - End-Use Outlook (Revenue, USD Million, 2018 - 2030)
Dental Consumables Market - Regional Outlook (Revenue, USD Million, 2018 - 2030)
List of Key Players in the Dental Consumables Market
Check out more related studies published by Grand View Research:
Browse through Grand View Research's Medical Devices Research Reports.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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