Global Dental Equipment and Consumables Market Size Expands at 6.1% during 2023–2029, to Touch USD 32.4 Billion by 2029

Published | 11 December 2023

Global Dental Equipment and Consumables Market is flourishing because the rising prevalence of dental diseases across the regions, a growing demand for cosmetic dentistry, and increasing awareness of oral health.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Global Dental Equipment and Consumables Market size at USD 22.71 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Global Dental Equipment and Consumables Market size to grow at a significant CAGR of 6.1% reaching a value of USD 32.39 billion by 2029. Major growth drivers for the Global Dental Equipment and Consumables Market include the elderly population experiencing oral diseases, the emergence of dental tourism, and the implementation of various government initiatives for public oral health care. Notably, the Global Dental Equipment and Consumables Market is experiencing growth driven by the rising demand for dental care facilities and surgical procedures. According to a March 2022 update from the World Health Organization (WHO), approximately 3.5 billion people worldwide suffer from oral diseases, and severe gum disease affects around 10% of the global population. Technological innovations have emerged to address the increased prevalence of these diseases, such as Nobel Biocare's launch of Xeal and TiUltra surfaces in January 2021, optimizing tissue integration in implants and abutments. Also, the Global Dental Equipment and Consumables Market is witnessing growth in cosmetic dentistry, driven by the growing focus on dental tourism and a preference for aesthetically pleasing teeth. Overall, these factors are expected to foster lucrative growth opportunities in the market during the forecast period. However, high cost of dental equipment and consumables and reimbursement challenges are anticipated to restrain the overall market growth during the period in analysis.

Impact of COVID-19 on Global Dental Equipment and Consumables Market

Covid-19 pandemic adversely affected the Global Dental Equipment and Consumables Market. In the early stages of the crisis, there was a notable decline in hospital and clinic visits for dental purposes, leading to a reduced demand for dental equipment. Companies like Dentsply Sirona reported a 7.6% decrease in net sales during the first quarter of 2020, attributing it to low patient volumes and canceled elective procedures. Similar trends were observed across various market players. The American Dental Association (ADA) recommended the postponement of dental practices and elective procedures in March 2020, initially until April 06, 2020, and later extended to April 30, 2020, focusing only on urgent and emergency services. These measures, aimed at easing the burden on hospital emergency departments and preventing the spread of COVID-19, negatively impacted the market's growth in the initial phase of the pandemic. However, as restrictions were eased and lockdowns lifted, the Global Dental Equipment and Consumables Market has since recovered, and a positive trend is expected to continue over the forecast period.

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Opportunity - New Emerging Markets

Rising markets, specifically in Asia and Africa, bring forth opportunities and challenges for the Global Dental Equipment and Consumables Market. While these markets hold substantial growth potential, businesses need to tailor their strategies to align with local languages, cultures, and consumer preferences. As a result, BlueWeave expects the Global Dental Equipment and Consumables Market size to grow at a significant CAGR of 6.1%, reflecting the promising trajectory expected in the industry.

Global Dental Equipment and Consumables Market – By End User

Based on end user, the Global Dental Equipment and Consumables Market is divided into Hospitals, Ambulatory Surgical Centers, and Dental Clinics segments. The hospitals segment holds the highest share in the Global Dental Equipment and Consumables Market by end user, due to its role as a central hub for comprehensive dental care services. Hospitals are equipped with advanced facilities, a diverse range of dental specialists, and the capability to handle a wide spectrum of dental procedures, from routine check-ups to complex surgeries. This centralized approach makes hospitals a preferred choice for patients seeking comprehensive and specialized dental treatments, contributing to the segment's dominant market share.

Global Dental Equipment and Consumables Market – By Region

The in-depth research report on the Global Dental Equipment and Consumables Market covers various country-specific markets across five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America dominates the Global Dental Equipment and Consumables Market. It can be attributed a growing elderly population, robust medical infrastructure, well-established reimbursement policies, the presence of key industry players, and advancements in preventive and restorative dental treatments. Notably, 85% of individuals in the United States, as per the American Dental Association, prioritize dental health, considering it a fundamental aspect of overall well-being. The convergence of these factors positions North America as the most promising regional market for the duration of the forecast period.

Competitive Landscape

Major players operating in the Global Dental Equipment and Consumables Market include Dentsply Sirona, Danaher Corporation (Envista), 3M, Ivoclar Vivadent, Straumann Holdings, GC Corporation, Henry Schein, Midmark Corporation, Patterson Companies, Planmeca Oy, A-dec Inc., Zimmer Biomet, Carestream Dental, Kulzer GmbH, and Ultradent Products, Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Dental Equipment and Consumables Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Dental Equipment and Consumables Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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