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The global dental market size stood at USD 35.40 billion in 2023 and market is predicted to rise from USD 38.95 billion in 2024 to USD 95.37 billion by 2032, recording a CAGR of 11.8% from 2024 to 2032.
Fortune Business Insights™ presents this information in its report titled, “Dental Market Size, Share & Industry Analysis, By Type (Dental Consumables {Dental Restoration Products [Dental Implants and Dental Prosthetics], Orthodontics [Clear Aligners and Conventional Braces], Endodontics, and Others} and Dental Equipment {Dental Radiology Equipment, Dental Lasers, Dental Surgical Navigation Systems, CAD/CAM Equipment, Dental Chairs, and Others}), By End-user (Solo Practices, DSO/Group Practices, and Others), and Regional Forecast, 2024-2032”.
The industry includes instruments and consumables that assist in detecting, preventing, and treating different oral diseases, such as periodontitis, gum disease, malocclusion, and cavities. Rising demand for aesthetic dentistry and a rise in product introductions by key players are boosting market expansion.
The COVID-19 pandemic negatively impacted the global market due to the reduced demand for products used in dentistry owing to the lower patient volumes. Prominent players in the market reported a noteworthy decrease in their revenues due to the pandemic. For instance, in 2020, Dentsply Sirona recorded a revenue of USD 3,342.0 million, which was a decrease of 17.1% compared to 2019. However, in 2021 and 2022, the market regained momentum due to the relaxation of regulations imposed by the government. It bounced back patient volume in the U.S. This resulted in the increased demand for several products after the pandemic.
The COVID-19 pandemic had an adverse effect on the global market as there was decreased demand for products used in dentistry.
Increasing Product Introductions by Top Players to Fuel Market Progress
In January 2024, Align Technology, Inc. declared the introduction of the iTero Lumina intraoral scanner with a 3X wider field of capture in a 50% smaller and 45% lighter wand to offer rapid scanning speed, excellent visualization, higher precision, and a more comfortable scanning experience.
Rising Demand for Aesthetic Dental Procedures to Bolster Market Growth
Increased demand for aesthetic dentistry is attributed to rising disposable incomes and growing beauty standards. This higher demand has been witnessed among all age groups due to the constant advancements in aesthetic products. Individuals highly prefer aesthetic dentistry over conventional dentistry as it offers superior comfort and incredible aesthetics. A rise in the patient pool undergoing a wide range of aesthetic procedures is driving the demand for precise intraoral scanners. Growing focus on improving their maxillofacial appearances by most young people, specifically and rising demand for aesthetic dentistry are the key factors driving the dental market growth.
On the other hand, the high cost of dental services is restraining market expansion.
Increase in the Introduction of Innovative Solutions by Key Players to Propel Market Growth
Dentsply Sirona, Align Technology Inc., Institut Straumann AG, ENVISTA HOLDINGS CORPORATION, Align Technology Inc., and Henry Schein, Inc. are some of the leading companies in the market. They lead the global market due to their diversified portfolio and robust global presence. These participants are launching new products and boosting the reach of their innovative solutions to enter new markets. In December 2023, Dentsply Sirona declared the introduction of OSSIX Agile, the innovative pericardium membrane powered by GLYMATRIX, to solve all the difficulties of bone and soft tissue regeneration. This launch assists in expanding the company’s product portfolio and market reach.
Notable Industry Development:
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https://www.fortunebusinessinsights.com/dental-market-106251
List of the Companies Profiled in the Report:
Further Report Findings-
Table of Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 11.8% from 2024 to 2032 |
Unit | Value (USD Billion) |
Segmentation | By Type
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By End-user
| |
By Region
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