DENTAL CONSUMABLES MARKET ANALYSIS
Statistics:
The global dental consumables market is estimated to account for US$ 25,521.2 Mn in terms of value by the end of 2027.
Statistics:
North America held dominant position in the global dental consumables market in 2019, accounting for 33.1% share in terms of value, followed by Europe and Asia Pacific, respectively.
Figure 1: Global Dental Consumables Market Share (%) Value, By Region, 2019
Statistics:
The global dental consumables market was valued at US$ 25,521.2 Mn in 2019 and is forecast to reach a value of US$ 46,282.9 Mn by 2027 at a CAGR of 7.8% between 2020 and 2027.
Figure 2: Global Dental Consumables Market Value (US$ Mn), 2016 – 2027
Market Trends/Key Takeaways
Availability of free dental and vision care services is expected to propel growth of the global dental consumables market over the forecast period. For instance, in February 2020, the Seattle King County Free Health Clinic, U.S., offered free dental and vision care services.
Moreover, increasing number of dentists is also expected to boost demand for dental consumables. For instance, according to the American Dental Association, the number of dentists in office in the U.S. increased from 199,486 in 2018 to 200,419 in 2019.
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