The dental consumables market is projected to grow at a CAGR of 4.60% to reach US$40.607 billion by 2025, from US$31.001 billion in 2019. The increasing number of cases of dental Infections and lack of proper oral care is leading to an increase in the adoption of enhanced and advanced dental consumable products to aid in the proper and effective dental treatment and care in the patients and increase the demand
There are many factors that are contributing out of which the most common cases are the practice of unhealthy lifestyle by consuming of high amounts of sugar, tobacco products, and the increasing harmful amount of alcohol. According to the World Health Organization (WHO), oral health is a serious problem that is plaguing many individuals in the population and poses a major health burden affecting different people throughout their lifetime. It is also considered a leading cause for pain, discomfort, and disfigurement. Tooth decay is one of the most common heath conditions according to the Global Burden of Disease 2017. Moreover, dental caries of the primary teeth is a prevalent problem in around 530 million children. Severe periodontal disease, which affects the gums seriously is a resulting factor of tooth loss is increasingly common among approximately 10% global population. Most of these oral conditions, however, are largely preventable in the early stages, which is encouraging market players to adopt enhanced and advanced solutions in order to boot the market growth over the forecast period.
The increasing participation of organizations in taking steps in order to tackle the unavailability of affordable dental care products and lack of proper policies for dental treatment for the many individuals in the population is leading to a surge in the market growth
In the majority of the countries, the treatment for the oral health conditions is expensive and is not covered as a part of the universal health coverage (UHC). It is estimated that the treatment of the dental problems is around 5% of the total health expenditure and 20% of the out of the pocket expenditure in many of the high-income countries. Whereas, as the dental problem is getting serious, majorly all the low-income and middle-income countries are unable to provide services to prevent and treat the different oral health conditions. This encouraging some market players to offer solutions and products that are affordable. For instance, ClearArc, which is a product by one of the leading companies Western Dental & Orthodontics is offering, is a clear aligning solution for the teeth that is available at around 40% lesser price than the other brands are providing.
Product Offerings by Major Market Players
The better, advanced and diverse varieties of Dental Consumables with enhanced properties that are able to effectively prevent and control the oral diseases. These products are being offered by existing and new players in different markets is estimated to lead to increased adoption and propel the market growth further over the forecast period.
Some of the examples of the product offerings are as follows:
Teeth Whitening solutions to hold a considerable share over the forecast period and grow at a noteworthy pace over the forecast period
Teeth whitening solutions are increasingly common and sought after dental cosmetic improvement treatments in order to enhance the oral beauty Teeth whitening is expected to hold a significant share over the forecast period and grow at a significant period over the forecast period, which is attributable to the fact that there are an increasing number of individuals. The individuals particularly women are opting for these treatments in a majority of the high-income countries. In addition, dental crowns and bridges are also increasingly being as cosmetics to enhance the oral beauty. The middle-aged population and the older population because of the discoloration and the weakening of the teeth mainly opt for these solutions.
The North American region to hold a considerable share over the forecast period and the Asia Pacific to grow at a significant pace over the forecast period because of the increasing measures.
The North American region is estimated to hold a significant market share over the forecast period owing to the fact that there are an increasing number of market players that are providing enhanced and aesthetic improving products to cater to the demands from the consumers and dentists
Moreover, the Asia Pacific region is projected to hold a considerable over the forecast period and show growth at a considerable pace on account of the fact that there are measures being taken in order to enhance the provision of dental care to the population and increase the awareness regarding oral health among the rural population. In conjunction, with the suggestions and recommendations being put forward for a National Oral Health Policy.