Dental Consumables Market Analysis

Dental consumables are specially created materials and are specifically designed according to the need in dental complications. Different types of dental consumables are available and their application and characteristics differ according to their intended use.

Statistics:

The global dental consumables market is estimated to account for US$ 25,521.2 Mn in terms of value by the end of 2027.

Global Dental Consumables Market: Drivers

High prevalence of untreated tooth decay is expected to propel growth of the global dental consumables market over the forecast period. For instance, according to the Centers for Diseases Control and Prevention’s Oral Health Surveillance Report, 2019, the prevalence of untreated tooth decay in primary teeth was 10% among children aged 2–5 years and 16% among those 6–8 years during 2011-2016

Moreover, increasing geriatric population is also expected to boost demand for dental consumables. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.     

Statistics:

North America held dominant position in the global dental consumables market in 2019, accounting for 33.1% share in terms of value, followed by Europe and Asia Pacific, respectively.

Figure 1: Global Dental Consumables Market Share (%) Value, By Region, 2019

Global Dental Consumables Market: Restraints

Excise tax on medical devices is expected to hinder growth of the global dental consumables market. For instance, in the U.S., the Affordable Care Act imposes an excise tax of 2.3% on importers and manufacturers of select medical devices including dental implants.

Moreover, lack of proper reimbursement policies is also expected to limit demand for dental consumables. Various dental treatments such as implants and periodontal surgeries still lack proper reimbursement in developed nations such as the U.S., France, Germany, the United Kingdom, Spain, Italy, Japan and Australia. In developing nations such as China, India, Malaysia and Thailand, patients are not covered for expensive dental procedures like implants by their medical insurance policies.

Dental Consumables Market Report Coverage

Report Coverage	Details
Base Year:	2019	Market Size in 2019:	US$ 25,521.2 Mn
Historical Data for:	2016 to 2019	Forecast Period:	2020 to 2027
Forecast Period 2020 to 2027 CAGR:	7.8%	2027 Value Projection:	US$ 46,282.9 Mn
Geographies covered:	North America: U.S., Canada Latin America: Brazil, Argentina, Mexico, Rest of Latin America Europe: Germany, U.K., France, Spain, Italy, Russia, Rest of Europe Asia Pacific: China, Japan, India, Australia, South Korea, ASEAN, Rest of Asia Pacific Middle East: GCC Countries, Israel, Rest of Middle East Africa: North Africa, Central Africa, South Africa
Segments covered:	By Product Type: Dental Implants, Crowns & Bridges, Dental Biomaterials, Orthodontics, Endodontics, Periodontics, Retail Dental Care Essentials, Others
Companies covered:	Medline Industries, Inc., LaunchPad Medical, Inc., Heraeus Kulzer Inc., Danaher Corp., Dentsply International Inc., Henry Schein Inc., Zimmer Dental Inc., Ultradent Products, Inc., Nobel Biocare, Biomet Inc., Patterson Companies, Ivoclar Vivadent AG, 3M ESPE, and Septodont
Growth Drivers:	Increasing prevalence of dental caries Approval and launch of new products
Restraints & Challenges:	Lack of reimbursement

Global Dental Consumables Market: Opportunities

Adoption of 3D printing is expected to offer lucrative growth opportunities for players in the global dental consumables market. For instance, in November 2019, Carima, a 3D printer manufacturer, launched a new large-scale DLP 3D printer, DM400d, for producing dental models.

Moreover, significant growth in dental tourism is also expected to boost demand for dental consumables. For instance, according to the U.S. Bureau of Economic Analysis, people in the U.S. spent US$ 2.6 billion on medical and dental tourism in 2018 compared to US$ 757 million in 2008.

Statistics:        

The global dental consumables market was valued at US$ 25,521.2 Mn in 2019 and is forecast to reach a value of US$ 46,282.9 Mn by 2027 at a CAGR of 7.8% between 2020 and 2027.

Figure 2: Global Dental Consumables Market Value (US$ Mn), 2016 – 2027

Market Trends/Key Takeaways

Availability of free dental and vision care services is expected to propel growth of the global dental consumables market over the forecast period. For instance, in February 2020, the Seattle King County Free Health Clinic, U.S., offered free dental and vision care services.

Moreover, increasing number of dentists is also expected to boost demand for dental consumables. For instance, according to the American Dental Association, the number of dentists in office in the U.S. increased from 199,486 in 2018 to 200,419 in 2019.

Regulations

Global Dental Consumables Market: Competitive Landscape

Major players operating in the global dental consumables market include, Medline Industries, Inc., LaunchPad Medical, Inc., Heraeus Kulzer Inc., Danaher Corp., Dentsply International Inc., Henry Schein Inc., Zimmer Dental Inc., Ultradent Products, Inc., Nobel Biocare, Biomet Inc., Patterson Companies, Ivoclar Vivadent AG, 3M ESPE, and Septodont.

Global Dental Consumables Market: Key Developments

Major players in the global dental consumables market are focused on adopting M&A strategies to expand their product portfolio. For instance, in January 2020, Medline Industries, Inc. acquired Médi-Sélect, a Canada–based medical and dental supplies distributor.

Major players in the market are also focused on R&D of new products to expand their product portfolio. For instance, in December 2019, LaunchPad Medical, Inc. successfully enrolled half of the twenty patents approved by the FDA for its two-site pilot clinical study that assess the safety and efficacy of Tetranite, a bone adhesive biomaterial, in immediately stabilizing dental implants following tooth extractions.