Dental Industry Market is predicted to reach USD 67.1 billion at a CAGR of 7.1% during the forecast period

Dental Industry Market Overview

The dental industry market size is projected to reach approximately USD 67.1 billion by 2032, at a CAGR of 7.1% from 2022 to 2032. 

Market Dynamics

The increasing prevalence of oral issues is one factor fueling expansion in the dental sector. The increasing prevalence of dental infections and periodontal diseases, the growing need for dental care facilities and dental surgical procedures, and the growing number of dental care professionals, all of which are supported by advances in dental care technology, are all factors propelling the growth of this market. In addition, since both dental tourism and the desire for picture-perfect pearly whites continue to rise in popularity, cosmetic dentistry has emerged as a promising new field of study. The field of cosmetic dentistry is anticipated to be one of the most in-demand industries by the end of the projection period. In contrast, increased dental surgery expenses and a lack of access to medical payment programs are projected to impede market expansion. Because of the current COVID-19 situation, fewer patients are visiting dentists and fewer people are using dental equipment.

Explore In-depth Details: Dental Industry Market Research Report

Competitive Dynamics

The Prominent Players in the Global Dental Industry Market are 3M (US), Allergan plc (US), Coltene Group (Switzerland), Dentsply Sirona (US), and Henry Schein, Inc. (US).

Segmental Analysis

Discipline, Consumables, and End User are the three segments that make up the global dental industry market.

The global dental industry market has been classified by product into disciplines, consumables, and end users. Due to an increase in root canal therapy, the endodontics segment has the greatest market share in 2019.

Resin composites, dental biomaterial, dental aesthetic, endodontic supplies, gingival retraction material, whitening material, denture adhesive, dental imprint, dental burs, and dental syringe comprise the worldwide dental industry market by consumables. Because resin composites are widely utilized in dental decay treatment, the resin composites segment dominated the consumables segment.

Hospitals & clinics, specialized dental facilities, and dental academic and research institutes make up the worldwide dental industry market by end user. The dentistry industry's expansion is further aided by the availability of trained dental practitioners and improved treatment facilities in hospitals and clinics.

Regional Overview

The Americas, Europe, Asia-Pacific, and the Middle East and Africa are the four regions that make up the global dental industry market.

North America and South America are the two sections that make up the Americas. The United States and Canada each represent their own distinct segments of the North American market. The Americas dominated the global market in 2019. Increased demand for dental treatment is attributable to a number of factors, including the rising prevalence of dental diseases, the increasing age of the population (and hence the increased risk of oral diseases), and the requirement for preventative, restorative, and surgical dental equipment. A growing older population is also contributing to the development of the dental market.

Western Europe and Eastern Europe both have their own distinct dental markets. The Western European dental market includes countries like Germany, France, the UK, Italy, Spain, and the rest of the continent. As a result of rising demand, the European Union (EU) dental device industry is expanding rapidly. The expansion of the industry is being fueled in part by the introduction of novel diagnostic and treatment options.

The dental industry in Asia and the Pacific consists of the countries of China, India, Japan, South Korea, Australia, and the rest of the region. Asia-Pacific is expected to have the largest market growth over the forecast period because of rising government efforts and the existence of a large number of pharmaceutical companies focusing on dental treatment. The expansion of the local market is being aided by the government's efforts to improve the healthcare system.

Middle Eastern countries and African countries each make up their own distinct dental care market. The expanding number of businesses and affiliates in EMEA is fueling the region's burgeoning dentistry industry and the rising demand for dental cosmetic procedures. Another cause for alarm is the general lack of knowledge about the importance of dental health among Saudi Arabian consumers. These elements are driving the regional market ahead.