Dental Market Report 2023 (Global Edition)

Global Dental Market Report 2023 Market Size Split by Type (Dental Consumables, Dental Equipment), Application (General Hospitals, Dental Hospitals, Dental Clinics)

According to Cognitive Market Research, the global Dental market will be USD 36.8 billion in 2023 and grow at a compound annual growth rate (CAGR) of 8.2% from 2023 to 2030. Dental items are tools and supplies to diagnose, treat, and prevent various conditions, including cavities, gum disease, and periodontitis. Implants, periodontics, endodontics, prostheses, and whitening creams are just a few items available today. The acceptance of these items has expanded due to the numerous benefits connected with periodontics and endodontics, which include practically painless operations and cost-effectiveness. Dental services offered by dentists and other dental specialists include diagnosing, preventing, and treating dental problems. The key factors influencing the market share are growing public knowledge of dentistry, the rise in periodontal diseases and dental cavities, technical advancements in dentistry, and the growing demand for laser and cosmetic dentistry. 

• According to dental industry figures released by the American Association of Oral and Maxillofacial Surgeons (AAOMS), over 70% of individuals between the ages of 35 and 44 have experienced a permanent loss of at least one tooth due to illness, decay, or trauma.

 

What Effects Did COVID-19 Have on the Dental Market?

Because fewer people were seeing dentists, the COVID-19 pandemic's breakout decreased demand for dental supplies. The epidemic caused several businesses to report a sharp drop in sales. Global sales of prosthetics, implants, and scanners were negatively impacted, particularly in the first quarter of 2020, by the reallocation of healthcare resources, disruptions in the supply chain, and decreased patient visits to clinics. Several variables, including increased vaccination rates, stricter regulations and coronavirus measures in public spaces, and lifting travel restrictions, contributed to the U.S. patient volume rebounding in 2021. In 2021, this resulted in a rise in the demand for scanners and implants.

 

MARKET DYNAMICS: KEY DRIVERS

Increasing Investment to Provide Viable Market Output

Treatment costs for oral problems rank fourth most expensive. 

• An estimated USD 110 billion is spent annually on dental treatment in the U.S. alone. Because of avoidable dental illnesses, the annual Medicaid spending on dental care jumped from USD 8 billion to over USD 21 billion between 2010 and 2020. 

The growth consequently improves the quality of patient care services in dental healthcare expenditures. Furthermore, several factors contribute to the variations in spending, such as shifts in healthcare habits, alterations in government policies, population growth, and a rise in the price of sophisticated and high-quality healthcare services. Furthermore, technological developments in dentistry have made it possible to provide patients with first-rate facilities tailored to their requirements. Thus, during the forecast period, the government's rising spending on dental healthcare to provide high-quality treatment is anticipated to fuel the market's expansion.

 

Technological Advancements to Propel Market Growth

In the current situation, influential parties influence the dentistry industry's developments. Major players' strategic choices are noted, such as their increased emphasis on partnerships and acquisitions to expand their product offerings and bolster their global skills in science and technology. In addition, significant firms are growing their operations by creating subsidiaries, a tactic employed as a market penetration technique to lessen competition. The dental product market is expanding globally at a steady pace as a result of rising developments. This has led to a growing awareness among businesses regarding the scientific breakthroughs of their goods, which are readily accessible in developing and underdeveloped nations. Thus, technological advancements are expected to present lucrative opportunities for companies operating in the global dental market.

 

MARKET DYNAMICS: KEY RESTRAINTS

High Cost of Dental Treatment to Hinder Market Growth

Most developing nations have high dental costs, making them unaffordable for low- and middle-class individuals. Most patients put off or avoid dental care due to the high expense. Having insurance is a significant deterrent to receiving dental care. People from wealthy countries migrate to developing nations for more affordable dental care. Furthermore, dental equipment costs have increased due to the employment of sophisticated technology and sensors. In addition, countries like China and Japan require appropriate dental reimbursement structures. Additionally, there are a lot of solo practitioners in these nations who need additional funding to buy pricey supplies and equipment. It is anticipated that these issues will limit the market's expansion. Therefore, the development of the dental sector market needs to be improved by the high cost of dental care and the limited reimbursement.

 

How are Segments Performing in the Global Dental Market?

Type Segment Analysis

According to Cognitive Market Research, consumables is the item that is utilized the most frequently in the market for Dental. The transformation of language-related processes, from translation and localization to interpretation and language acquisition, depends heavily on software solutions. Artificial intelligence and neural networks-based machine translation software have significantly increased translation accuracy and efficiency. By providing translation memory, terminology management, and collaborative features, computer-assisted translation (CAT) solutions improve the efficiency of human translators. 

 

Equipments is the second-most used product. Dental tools are instruments for diagnosing, treating, and mending oral health issues. The sector is predicted to be driven by several factors, including the growing number of older adults who suffer from oral disorders, the evolution of dental treatment-related medical tourism, and the introduction of several government initiatives for oral health care. In addition, the industry is being stimulated by large corporations' launch of cutting-edge and effective dental goods.

 

End User Segment Analysis

The solo practices are the Dental market's most popular offering. Due to the high number of dentists operating solo practices, there has been an increase. Furthermore, segmental expansion is anticipated to be driven during the forecast period by the increasing number of dentists due to the high number of patients receiving treatment in these settings worldwide. 

• The U.S. Bureau of Labor Statistics (BLS) estimates that 92% of dentists nationwide have independent practices.

 

According to Cognitive Market Research, DSO/group practices are the second-most popular product. The real-time translation of spoken language between two or more parties is called interpretation. It is crucial for conferences and meetings when instantaneous language comprehension is necessary. In-person or online interpretation: End Users are available using simultaneous, consecutive, or whispered interpretation techniques. This product encourages multilingual communication during international events, economic negotiations, and diplomatic gatherings. 

 

Which Region Dominates the Market in 2023, and Which Part is Expanding at the Fastest CAGR?

According to Cognitive Market Research, North America dominated the market in 2023. It accounted for a share of more than 45% of the global revenue due to several variables, such as the emphasis on preventative dental care and sanitation, the existence of standalone clinics, the expansion of dental R&D, and expanding disposable income. The increased government financing for dentistry programs likely aids growth in the sector. Since patients will probably have to pay fewer out-of-pocket costs, the federal funding for Medicare and Medicaid in the United States is predicted to enhance demand for dental care services.

 

Europe is expected to increase at a CAGR of 7.3% throughout the forecast period. Throughout the projection period, Europe is expected to expand considerably due to the region's need for cosmetic dentistry, the prevalence of dental disorders among its patients, and the accessibility of state-of-the-art dental products. Additionally, among the most prevalent issues in Europe are dental and oral diseases, underscoring the need for improved treatment. As a result, the demand for dental equipment is increasing throughout the E.U., driving the market's growth. The availability of state-of-the-art diagnostic and treatment solutions is another major factor contributing to the expansion of this industry. New advancements in an efficient treatment for dental problems are being made possible by ongoing research conducted by academic institutions and medical research laboratories. This region's market growth is also driven by other reasons, like increased healthcare spending and more extended insurance coverage.

 

COMPETITIVE LANDSCAPE: DENTAL MARKET

With several local businesses, the market is quite fragmented. By implementing methods like collaborations, acquisitions & mergers, investments, and partnerships, these market players aim to increase their market share. Businesses are also investing in the creation of better services. They are also concentrating on keeping their prices competitive. 

• January 2023: With a new Lexa Plus Class B sterilizer and cutting-edge Assistina One maintenance equipment, W&H is broadening its hygiene product offerings. These additions will improve workflow in dental practices by reducing infection risk and reprocessing with more peace of mind.
• December 2022: Leading dental anesthetic maker Septodont has introduced BioRoot Flow, a novel and innovative bioceramic root canal sealer. 

 

Some Prominent Players in the Global Dental market include:

• 3M (U.S.)
• Institut Straumann AG (Switzerland)
• Henry Schein, Inc. (U.S.)
• Angelalign Technology Inc. (China)
• SHOFU INC. (Japan)
• Dentsply Sirona (U.S.)
• Align Technology, Inc. (U.S.)
• ZImvie (Zimmer Biomet) (U.S.)
• Coltene (Switzerland)
• A.B. Dental (Israel)
• BIOLASE, Inc. (U.S.)
• 3Shape A/S (Denmark)
• ENVISTA HOLDINGS CORPORATION (U.S.)
• VATECH (South Korea)

Market Summary:

• The global Dental market will expand at a significant rate of 8.2% CAGR between 2023 and 2030.
• The demand for Dental is rising due to the growing awarness.
• Demand for consumables remains higher in the Dental market.
• The solo practices held the highest Dental market revenue share in 2023.
• North America will continue to lead, whereas the Europe Dental market will experience the strongest growth until 2030.

 

SEGMENTATION: Dental Market

Type Outlook:

• Dental Consumables 
• Dental Equipment

End User Outlook:

• Solo Practices
• DSO/ Group Practices
• Others

Regional Outlook:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA

 

Frequently asked questions about the global Dental market

1. What is the market size for the Dental market in 2023?

Answer- The global market size for the Dental market 2023 was 36.8 USD billion.

 

2. What is the growth rate for the Dental market during the forecast period?

Answer- The global market is expected to grow with a CAGR of 8.2% during the forecast period.

 

3. Which is the leading region of the market for Dental?

Answer- North America had the largest global Dental market revenue share in 2023.

 

4. Which region is expected to witness fastest growth in the coming years?

Answer- Europe to witness the fastest growth in the global Dental market over the coming years.

 

5. Which is the leading country in the Dental market in 2023?

Answer- United States had the largest global Dental market revenue share in 2023.

 

6. What are the key drivers for the growth of the Dental market?

Answer- The diagnosis, prevention, and treatment of dental issues are among the dental services provided by dentists and other dental experts, and these are the factors propelling the expansion of the dental industry.

 

7. Which is the major segment in the Dental market by Type?

Answer- The consumables segment had the largest share in the global market by Type.

 

8. Which is the major segment in the Dental market by End User?

Answer- In 2023, the solo practises segment had a major revenue share in the global market in terms of End User.

 

Regional Insights

• North America

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for a share of more than 45% of the global revenue due to several variables. The dentistry market in North America is a mature, fiercely competitive sector led by the US and Canada. The area is known for its advanced dental infrastructure and commitment to oral health. Cosmetic dentistry, which offers services including veneers, orthodontic treatments, and teeth whitening, is a major component driving the market's expansion. The demand for aesthetically beautiful smiles is growing because people are looking for more and more ways to improve their looks. In conclusion, a wide range of cosmetic dental operations and a focus on aesthetics characterize the North American dentistry market. The area is a profitable hub for dentists and manufacturers because of its robust healthcare system and consumers' desire for appearance-related dental services.

 

Europe

According to Cognitive Market Research, Europe has a 9.20% growth rate. The dentistry market in Europe is a vibrant, continuously expanding industry that prioritizes preventive dental care. With an emphasis on maintaining oral health and preventing dental diseases, the region is seeing a trend toward modern dental technologies, such as CAD/CAM systems and 3D imaging, for precise diagnosis and treatment planning. A greater understanding of the significance of long-term oral health is reflected in the need for routine checkups, cleanings, and patient education about oral hygiene, all of which are driven by preventive dental treatment. In summary, the European dental market is developing into a proactive, technologically sophisticated setting that puts prevention above treatment, indicating a bright future for the sector as it works to improve patient happiness and oral health outcomes.

 

• Asia Pacific

According to Cognitive Market Research, Asia Pacific has 22% of the global share. The Asia Pacific dentistry market is expanding and changing quickly, with a growing focus on orthodontics as a significant market niche. Growing awareness of oral health issues and the region's increasing disposable income fuel demand for orthodontic treatments like braces and clear aligners. The orthodontics industry is experiencing significant growth due to patients in the Asia Pacific region seeking straighter teeth and a more attractive smile. In summary, the Asia Pacific dentistry market is expanding, mainly due to increased orthodontic procedures and a rising need for better aesthetics. This pattern indicates the area's evolving lifestyles and rising wealth, making it a significant participant in global dental.

 

• Latin America

According to Cognitive Market Research, Latin America has a CAGR of 5%. The dentistry market in Latin America is growing at an impressive rate, and one critical and quickly growing component is dental implants. Dental implants are quickly gaining traction as an efficient way to treat the region's oral health problems, which include tooth loss. The need for dental implant surgeries is growing as the population ages and dental care becomes more accessible. In summary, the Latin American dentistry industry presents a plethora of potential, particularly in dental implants, which provide individuals looking to address oral health issues with a dependable and long-lasting option. An aging population, increased accessibility to dental care, and growing awareness contribute to Latin America's status as a significant global dental hub.

 

• Middle East and Africa

According to Cognitive Market Research, the Middle East & Africa have 3% of the global revenue due to several variables. The need for dental services is increasing as the region's economy expands, coming from the local populace and dental tourists looking for reasonably priced yet superior care. This development is led by restorative dentistry, which treats the common oral health problems in the area and includes procedures including dental fillings, crowns, and bridges. In summary, the dental market in the Middle East and Africa presents encouraging prospects, especially in restorative dentistry and dental tourism. An increasing local population combined with the economic benefits of dental tourism positions this area as a rising force in the worldwide dentistry business, ready for expansion.

 

Dental Market Report Description

We have various report editions of Dental Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Top Companies Market Share in Dental Industry: (In no particular order of Rank)

• Dentsply Sirona
• Danaher
• Align Technology
• Planmeca
• Ivoclar Vivadent
• J Morita Corporation
• 3M
• Carestream Dental
• GC Corporation
• Zimmer Biomet
• Septodont
• Ultradent
• Shofu Dental
• Kulzer
• Vatech
• Coltene
• Angelalign
• Kangda Medical
• Sinol Dental
• Fujian Meisheng
• Shandong Huge
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Top Companies in Dental Market

Competitive Landscape includes company profiling of the key manufacturers listed below. It also provides the key developments such as new product launches, expansion, mergers & acquisitions, partnerships, agreements, joint ventures, business overview, key strategies and financial analysis associated with the key players. Strategy implemented to overcome the COVID-19 Impact will be discussed in the report scope. Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2018- 2022), S.W.O.T Analysis, (To read more request the sample pages Or speak to analyst/author directly).

Dental Market Analysis

Type Segment Analysis of Dental Market

Based on present and future trends, the market size is estimated from 2018 to 2030. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Dental market.

Type of Dental analyzed in this report are as follows:

• Dental Consumables
• Dental Equipment

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Dental Industry. Request a Free Sample PDF!

Application Segment Analysis of Dental Market

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Dental from 2018 to 2030. This will also help to analyze the demand for Dental across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.

Some of the key Application of Dental are:

• General Hospitals
• Dental Hospitals
• Dental Clinics

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Dental market report 2023 Edition by contacting our team.

Dental Market Regional Analysis

Region and country analysis section of Dental Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Dental market.

The current report Scope analyzes Dental Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.