Dental Equipment & Consumables Market to exceed USD 35 Bn by 2026

Dental Equipment & Consumables Market size is likely to surpass USD 35 billion by 2026, according to a new research report by Global Market Insights, Inc.
 

Increasing demand for dental procedures due to presence of favorable reimbursement scenario has propelled the industry growth in forecast period. Also, rising cosmetic dentistry procedures will further drive the dental equipment & consumables market growth.
 

Dental tourism will enhance the demand for dental procedures in developing regions

Dental tourism is an important sector of the growing health tourism industry. Dental tourism, a subcategory of medical tourism, that generally involves people seeking dental care outside their local healthcare systems. Recently, India has become one of the preferred destinations for foreign patients, mainly in dental care. The accessibility and availability of quality-assured cost-effective dental treatment have significantly fostered the bloom of India in dental tourism.
 

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Lack of insurance and dental benefits are the key factors influencing people to obtain cross-country dental care. Thus, the above-mentioned factors will increase dental tourism in the developing countries, that further drives the adoption of dental equipment & consumables growth in emerging nations. However, dearth of skilled healthcare professionals operating in dental equipment & consumables market may impede the industry growth.
 

Surging number of tooth decay will drive the regional growth

Europe Dental Equipment & Consumables Market

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Growing demand for minimally invasive dental procedures will drive market growth

The dental consumables market held around 60% revenue share in 2019. Increasing demand for aesthetics and minimally invasive dental procedures is estimated to drive the market growth.  Dental consumables are a set of dental products that are used in the treatment of dental impairments, tooth restoration and treatment associated with gingival tissues. Also, continuous technological advancements coupled with growing awareness regarding oral and dental treatment will drive the segmental growth over the forecast period.
 

Browse key industry insights spread across 220 pages with 230 market data tables & 14 figures & charts from the report, “Dental Equipment & Consumables Market Size By Product (Equipment {Dental Lasers, Dental Radiology Equipment, Laboratory Machine, Systems and Parts, Hygiene Maintenance}, Consumables {Dental Prosthetics, Dental Anaesthetics, Dental Syringes, Endodontics}), By End-use (Hospitals, Ambulatory Surgical Centres, Dental Clinics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Japan, China, India, Australia, Brazil, Mexico, Argentina, Saudi Arabia, South Africa, UAE), Application Potential, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/dental-equipment-and-consumables-market
 

Cost-effective dental surgeries will drive the market growth

The dental clinics segment held significant revenue share in 2019 and is poised to exceed USD 9 billion by 2026. Increasing prevalence of dental diseases along with growing demand for advanced procedures in dental clinics will favor business market growth. Dental clinics offer treatments at significantly less cost as compared to hospitals due to high operational efficiency. Also, availability of advanced equipment in dental clinics will spur dental equipment & consumables market size over the forecast period.
 

Increasing government support for promoting oral health awareness will drive the Asia Pacific dental equipment & consumables market growth

Asia Pacific dental equipment & consumables market held more than 20% revenue share in 2019 and will showcase a similar trend over the analysis period. Growing government support along with the presence of several associations and societies focused on promoting oral health awareness will drive the regional market growth. Furthermore, the rise in number of registered dentists providing dental services will augment demand for dental equipment and consumables in the future. Presence of well-established local manufacturers in China providing dental equipment and consumables will drive the industry growth.
 

Emphasis on exclusive partnerships will contribute for the market growth

Some of the notable market players operating in the dental devices and consumables include BioLase, Danaher, Dentsply Sirona, A-Dec, GC Orthodontics America, Midmark, Carestream Health, Acteon, Planmeca OY and VATECH. Industry players are majorly focused on strategic alliances such as mergers, collaborations, acquisitions as well as new product launches to capitalize on market opportunities.

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