22 Sep 2021
Dental problems are becoming a cause for concern for people worldwide. This has led to manufacturers investing in research & development to come up with innovative products with changing times. Technological advancements leading to innovative products are expected to drive the global dental consumables market in the future.
For instance, due to problems created by the COVID 19 pandemic, companies are coming up with technologically-advanced products to deal with restrictions and continue treatment without the risk of virus transmission. Keeping hygiene and social distancing norms in mind, companies are bringing devices to help both, dental professionals as well as patients. Moreover, for accuracy in diagnosis and treatment, technologically-advanced products are being made available by players in the market, which is expected to further boost market growth.
According to Fact.MR, the global dental consumables market is projected to register growth at the rate of nearly 4% over the forecast period of 2020-2030, to reach a market valuation of more than US$ 50 Bn by 2030.
“Though the dental consumables market will see steady growth over the next ten years, with the arrival of the COVID-19 pandemic, demand for non-essential medical procedures has fallen, which will hurt market growth in the near term,”says a Fact.MR analyst.
The global dental consumables market is highly fragmented and competitive in nature, owing to the presence of both, regional and international players in the market. Key players are focusing on innovations and new product launches to stay ahead of the competition. Acquisitions and collaborations with other companies are also being used by the players to gain an upper hand in the market.
Some of the key players in the global dental consumables market are:
In its latest report, Fact.MR has provided an unbiased analysis on the global dental consumables market, comprising data on historical statistics (2015-2019) and forecast of demand for the period of 2020 to 2030. The report discusses critical insights on the dental consumables market in terms of product (dental implants, dental prosthetics, endodontics, orthodontics, periodontics, retail dental care essentials, and other dental consumables) and end user (dental hospitals & clinics, dental academic & research institutes, and dental laboratories), across 5 key regions (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).
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Dental Consumables Market
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