Dental Market to Reach US$ 45,256 Million By 2022, with Implants Segment Driving Growth
Dental Market to Reach US$ 45,256 Million By 2022, with Implants Segment Driving Growth
The dental market offers a wide range of products and services related to oral health and dental care. These include dental implants, orthodontics, dental crowns and bridges, dental biomaterials, dental consumables, dental equipment, cosmetic dentistry, and dental lab prosthetics.

Market Overview:
The global dental market is projected to reach US$ 45,256 Million By 2022, growing at a CAGR of 6.7% during the forecast period 2021-2028. The market offers a wide range of products and services aimed at maintaining and improving oral health. Dental products include implants, orthodontics, endodontics, periodontics, and dental consumables, among others. These products provide various advantages such as improved aesthetics, enhanced oral functionality, and reduced risk of infections. Rising awareness about oral hygiene, growing geriatric population, and increasing dental health issues are driving the demand for dental products.

Market Key Trends:
One key trend in the dental market is the growing adoption of dental implants. Dental implants are artificial tooth roots that provide a strong foundation for fixed or removable replacement teeth. They offer several advantages over conventional dental treatments, including improved stability, longevity, and natural appearance. The increasing prevalence of dental diseases, rising disposable incomes, and advancements in implant technology are fueling the adoption of dental implants worldwide. Furthermore, the shift towards minimally invasive procedures and the development of innovative implant materials are expected to further drive the market growth in the coming years.

Segment Analysis:

The
Dental Market can be segmented based on product type, end-user, and region. In terms of product type, dental implants dominate the market and are expected to witness high growth during the forecast period. This is mainly attributed to the increasing prevalence of dental diseases, growing geriatric population, and advancements in dental implant technology. Dental implants provide a long-term solution for tooth replacement and offer improved aesthetics and functionality compared to other dental prosthetics. Moreover, the rising awareness about dental aesthetics and the growing demand for cosmetic dentistry are fueling the adoption of dental implants.

In the end-user segment, the dental market can be divided into dental clinics, hospitals, and dental laboratories. Dental clinics hold the largest market share due to the increasing number of dental clinics globally and the rising preference for outpatient dental procedures. Dental clinics offer a wide range of dental services, including preventive, restorative, and cosmetic dentistry, thereby contributing to the dominance of this segment.

Key Takeaways:

1. Market size: The global dental market is expected to witness high growth, exhibiting a CAGR of 6.7% over the forecast period. The market size for 2021 was valued at US$ 32,156 Million. This growth can be attributed to various factors such as the increasing prevalence of dental diseases, growing awareness about oral health, technological advancements in dental procedures, and the rising demand for cosmetic dentistry.

2. Regional analysis: North America dominates the dental market and is the fastest-growing region. This can be attributed to the well-established healthcare infrastructure, high spending on dental procedures, and a large geriatric population. The Asia Pacific region is also witnessing significant growth due to the increasing disposable income, growing awareness about oral hygiene, and the presence of a large population base.

3. Key players: The key players operating in the dental market include Straumann Group, Zimmer Biomet Holding, Inc., Danaher Corporation, Dentsply Sirona Inc., BioHorizons IPH, Inc., Henry Schein, Inc., Osstem Implant Co. Ltd., Avinent Implant System, A-Dec Inc., Nobel Biocare, Sonoma Pharmaceuticals, Inc., and Nexa3D. These players focus on product innovation, strategic collaborations, and mergers and acquisitions to strengthen their market position.


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