Dental Industry Market Size, Growth and Trend Analysis by Discipline, Consumables and End User, Forecast to 2027
NEW YORK, NEW YORK, USA, Jan. 18, 2022 /EINPresswire.com/ —
The global dental industry market is expected to acquire a size of over USD 42,244.27 million by 2027 while registering a healthy CAGR of over 5.28% during the forecasted period of 2020 to 2027.
The global dental industry market has witnessed enormous growth in recent years. The growth of the market is attributed to the rapid growth of dental disorders and the prevalence of periodontitis. Another crucial aspect propelling the growth of the global market is the growing awareness of oral care.
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Dental Industry Market Segment Analysis
The global dental industry market is fragmented into several segments based on end user, consumables, discipline and region.
Based on consumables, the global dental industry market is divided into dental syringes, dental impressions, whitening materials, dental burs, endodontic supplies, dental biomaterials, denture adhesives, gingival retraction materials, dental aesthetics and dental composites. resin.
Based on the end-user, the global dental industry market is divided into academic and research dental institutes, hospitals and clinics, and specialty dental centers.
Dental Industry Regional Market Analysis
The global dental industry market is studied in five major regions including Middle East & Africa, Asia-Pacific, Europe and Americas.
The American region is divided into Latin America and North America. According to MRFR research reports, the North American regional market is likely to secure the top spot for the dental industry globally. The Americas contributed the largest dental industry market share in 2019. Rising prevalence of dental disorders is driving the growth of the regional market, the need for a preventive, surgical and restorative device for dental dental care, the growing elderly population and the demand for dental care.
The European regional market is likely to register substantial growth over the review period. The growth of the regional market is attributed to the growing demand for dental devices and the availability of advanced diagnostic and therapeutic options.
The dental industry market for the Asia-Pacific region is expected to register the highest growth during the forecasted period. The upsurge in the growth of the regional market is caused by a large number of pharmaceutical companies, increased government initiatives, and rising healthcare expenditures.
The regional dental industry market in the Middle East and Africa is expected to record steady growth over the forecasted period. The growth of the regional market is driven by the ever-increasing demand for cosmetic dental surgeries and the increasing number of companies and subsidiaries. However, the lack of awareness of oral healthcare in Saudi Arabia is the major factor limiting the growth of the regional market.
The global dental industry market has an extremely competitive landscape with a large number of players spread across the globe. The players in the global market are adopting several new strategies such as collaborations, expansions, joint ventures, acquisitions, and FDA approvals to boost their foothold in the market. The list of major players in the global dental industry market includes such companies as Henry Schein, Inc. (USA), Coltene Group (Switzerland), 3M (USA), Dentsply Sirona (USA), Allergan plc (USA) and several others. .
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