Global Dental Consumables Sector to Post 6.5% CAGR to 2024, Forecasts MRFR in Its Topical Report Published at MarketPublishers.com10 Apr 2017 • by Natalie Aster
LONDON – The global market for dental consumables is expected to grow from USD 16,081.8 million in 2015 to amount to USD 28,345.3 million by 2024-end posting a 6.5% CAGR in the years to come. The key factors propelling the market growth comprise a hike in dentistry procedures, ageing population globally, expanding dental tourism (or dental holidays), an increase in cosmetic dentistry treatments, among others.
The major factors hindering the growth of the sector comprise insufficient awareness about the technology, gray market for the distribution of dental products, and high treatment costs, amid others.
Geography-wise, North America is the dominant market for dental consumables globally, accounting for a market share of just under 69.5% as of 2015. The USA captures 78.62% of the regional dental consumables market and is poised to reach USD 4,840.6 million by the end of the forecast period.
American Orthodontics, Straumann, 3M, Patterson Dental, Septodont, GC orthodontics, Planmeca OY, KERR Corporation, Dentsply Sirona, amongst others, are amid the key players in the market.
Topical research study “Global Dental Consumables Market - Estimation & Forecast, 2013-2024” elaborated by Market Research Future (MRFR) presents a granular guide to the dental consumables market on a global level, focusing on the key geographical markets.
The study provides estimated revenues, historical and forecasted, of market segments and sub-segments for the key regions and their leading countries, as well as based on type, and sub-segment for worldwide dental consumables marketplace. It offers a detailed discussion of the factors impacting and affecting the market growth; value chain analysis; Porter’s forces analysis of the market. Insights into the demand and supply situation are provided, too. The research delves deep into the competitive landscape, includes market share analysis, and profiles the leading 12 market players.
More insightful reports elaborated by MRFR can be found at the publisher’s catalogue at MarketPublishers.com.