Latest industry research report on: Global Dental Consumables Market 2016: Industry Research, Size, Shares, Key Trends, Demand, Growth to 2022
The “dental consumables” are the products used by patients for the treatment of dental disorders such as tooth restoration, problems associated with gingival tissues and dental impairments. The goal of dental consumables report includes market estimation that covers industry analysis with its share and size. Moreover, market overview gives an insight on the global dental consumable market growth, opportunities, restraints and key drivers of the market as well as market analysis based on geography.
The increase in ageing population and rising demand for different cosmetic surgeries related to dentistry, simultaneously are the key drivers of the dental consumable market worldwide. Initiation of dental reforms introduced by government of the countries such as U.K., Germany, U.S. and Australia has driven the market of these developed countries. Moreover, growing disposable incomes in the developing countries, the rising interest about oral health as well as growing dental tourism are the chief factors for fueling this market. Furthermore, lack of reimbursement and need of consumer awareness regarding dental disorders in emerging countries are the major restraints, hindering the growth of this market.
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Dental Consumable Market Analysis by Product Types
On the basis of product types, the dental consumable market is segmented into following types: Dental biomaterials, Dental Implants, Crowns & Bridges, orthodontics, retail dental care essentials, periodontics and many others. The crowns & bridges segment showed the majority of its share in this market of about 25% in 2011, due to the growing awareness related to oral hygiene globally. Crowns & Bridge’s sub-segment, ceramic CAD/CAM is expected to grow at fast growth rate due to its accuracy in diagnosing dental impairments. Moreover, increasing popularity of the cosmetic dentistry helps this market to grow at highest CAGR during the forecast period.
Dental Consumable Market Analysis by Geography
The dental consumable geography market is segmented into North America, Europe, Asia Pacific and LAMEA. Europe generates highest revenue in the market compared to all the regions due to the presence of several market leaders present in this region. The rising ageing population and affordable dental procedures are also contributing to the growth of European region. North America has the largest market share due to rapid development in dental industries. Dental manufactures operating in this region are operating worldwide that gives North America a positional advantage in the global market. Rising per capita income among the middle-class and the growing population in the Asia-Pacific countries such as China, India, Malaysia and other countries provide considerable growth opportunities in this market.
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The major companies profiled in this report are 3M Company, Align Technology Inc, AAP Implantate AG, Biomet Inc., Zimmer Dental, Inc., Danaher Corporation, Nobel Biocare, Patterson companies, Septodont and Ultradent Products, Inc. The key strategies for these companies are the technological advancement in dental surgeries, meeting the unmet demand of cosmetic dentistry and supporting government policies, which provides the opportunities for the key players of this market.
HIGH LEVEL ANALYSIS
The study recognizes market growth challenges, drivers and market trends. Competitive study gives discussion of the major players operating in this market. The report analyzes the strength of buyers & suppliers and the threat of substitute products and new entrants, based on the Porter’s five force model. Technology advancement, consumer expansion and growing population are responsible for increasing the bargaining power of the supplier. Low surgery cost, and many dental methods existing in the market are the key reasons for increasing the bargaining power of the buyer. Moreover, supporting government and dental reforms initiated by the government are the threat for the new entrants in the global dental consumable market.
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