Dental Industry Market Overview
Dental industry comprises the diagnosis, treatment and prevention of various diseases or other problems related to the teeth, gums and supporting bones. There are a variety of treatments that are available in the oral health sector and it is seen that a large number of people suffer from different oral diseases that include oral mucosal lesions, tooth loss, mouth cancer and such other diseases.
The dental industry is large, and marks one of the most important and lucrative parts of the healthcare industry. Depending upon the type of damage, intensity and stage, the dentists provide the treatments and cure for the patients. The rising number of aged population all around the world and the growth in the demand for cosmetic dentistry treatments, and the increase in dental procedures is increasing the popularity for the dental industry.
The global dental industry market report showcases the growth rate steadily over the forecast period till 2023. The market will grow at a CAGR of 7.6% over the coming years. According to the World Health Organization, in 2016, the burden of dental diseases affected almost 3.58 billion of the world population. The prevalence of oral cavity cancer and gum diseases among the people is boosting the growth of the global dental industry.
Dental Industry Market Segmentation
The global dental industry market can be segmented into various aspects such as on the basis of discipline, consumables and end users. The increasing health awareness and the need for dental health is fuelling the growth of the global dental industry market. Based on the discipline, the global dental market can be classified into:
- Restorative dentistry
- Oral surgery
And based on consumables, the global dental industry market can be divided into:
- Dental burs
- Dental biomaterial
- Whitening material
- Dental syringe
- Dental anesthetic
- Gingival retraction material
- Endodontic supplies
And on the basis of end-users, the global market can be split into:
- Dental institutes
- Dental hospitals and clinics
- Dental academic and research institutes
Dental Industry Market Regional analysis
The global dental market is dominated by the Americans, attributing to a large number of people suffering from oral problems, rising demand for cosmetic dentistry and the availability of different medical devices. According to a report by the Centers for Disease Control and Prevention for the year 2017, it has been reported that 84.6% of children aged 2-17 years, 64.4% adults aged 18-64 and 64.3% adults aged 65 had a dental visit.
Europe is a second largest market, owing to the increasing geriatric population and the consumption of tobacco that is causing oral cancer and other problems. The Asia-Pacific region accounts for the presence of developing economies like China, Japan, India, and Australia that are developing the healthcare sector. Moreover, the Middle East and Africa also share a part in the global dental industry.
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Key players for the Global Dental Industry Market
Henry Schein Inc., Hu-Friedy Mfg Co., Ivoclar Vivadent AG, Nakanishi Inc., Patterson Companies Inc., Dentsply Sirona, Ultradent Products Inc., Young Innovations Inc., and 3M Company, Zimmer Biomet, Kangda Medical are some of the major players for global dental industry market.
Dental Industry Industry news
3M and the US government has announced a plan to import 166.5 million respirators into the United States for the coming three months. This 3M company’s new plan, which is already in place, will enable them to continue sending US produced respirators to Canada and Latin America, where the primary source of supply is done by the 3M company.