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The global dental
industry market share is projected to reach approximately USD 60.37 billion
by 2030, at a CAGR of 6.9% from 2022 to 2030. Dentistry, also known as oral
medicine and dental medicine, is a branch of medicine that consists of the
study, diagnosis, prevention, and treatment of diseases, disorders, and
conditions of the oral cavity, normally in the dentition but also the oral
mucosa, and of adjacent and related structures and tissues, mainly in the
maxillofacial area. Though primarily associated with teeth among the general
public, the field of dentistry or dental medicine is not limited to teeth but
also includes other aspects of the craniofacial complex, including the
temporomandibular joint and other supporting anatomical structures, and
lymphatic, vascular, muscular, and nervous systems. The rising healthcare
expenditure has boosted the demand for the dental industry, thereby accelerating
market growth. Rising geriatric population is anticipated to drive the demand
for the dental industry further
Regional Analysis
Global Dental Industry Market, based on region, has been
divided into the Americas, Europe, Asia-Pacific, and the Middle East &
Africa.
The Americas has been segmented into North America and Latin
America, with the North America market further divided into the US and Canada.
The Americas dominated the market in 2019 and is likely to continue to command
during the assessment period. This is due to the rising prevalence of dental
disorders, leading to the high demand for dental procedures and a preventive,
restorative, and surgical device for dental care. Additionally, the growing
older population is also helping in the growth of the dental industry market.
According to the Administration for Community Living, the population aged 65
and above increased from 37.2 million in 2006 to 49.2 million in 2016 in the
Americas. Hence, a large patient pool suffering from tooth decay and a rising
geriatric population are expected to boom the market growth in the Americas.
The dental industry market in Asia-Pacific has been
segmented into China, India, Japan, South Korea, Australia, and the rest of
Asia-Pacific. Asia-Pacific is expected to register the highest market growth
potential over the forecast period due to increased government initiative and
the presence of a large number of pharmaceutical companies focused on dental
treatment. The initiatives taken by the government to support the healthcare
system are also fueling the growth of the regional market. For instance, in
August 2020, the government has announced the national health ID for every
Indian to develop a centralized mechanism to identify every participant in the
National Health Stack uniquely. Furthermore, the increasing disposable income
of middle-class families, which accounts for a large population in Asia,
encouraging more spending on health, is driving the growth of the dental
industry market in the region.
The Middle East & Africa dental industry market is
segmented into the Middle East and Africa. The increasing number of companies
and subsidiaries in the region drives the dental industry and the
ever-increasing demand for dental cosmetic surgeries in EMEA. Furthermore, the lack
of oral healthcare awareness in Saudi Arabia is a major concern among consumers
in the country, especially among children.
Segment Analysis
Global Dental
Industry Market outlook based on the product has been segmented into
discipline, consumables, and end user. The global dental industry market, by
discipline, has been segmented into endodontics, restorative
dentistry, prosthodontics, periodontics, orthodontics, cosmetic
dentistry, oral surgery, maxillofacial surgery. On the basis of
consumables, the market is bifurcated into resin composites, dental
biomaterial, dental aesthetic, endodontic supplies, gingival
retraction material, whitening material, denture
adhesive, dental impression, dental burs, dental syringe. On the
basis of end user, the market is bifurcated into hospitals &
clinics, specialty dental centers, and dental academic and research institutes.
Key Players
MRFR recognizes the following companies as the Key
Players in the global dental industry market— 3M (US), Allergan plc (US),
Coltene Group (Switzerland), Dentsply Sirona (US), and Henry Schein, Inc (US).
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