Dental consumables to grow by 9%
The global market for dental consumables has been forecast to reach a value of $33.18 billion this year, according to a report by market analysts, The Insight Partners. The market was expected to increase by a CAGR of 9.0% across the reporting period of 2022 to 2028. By 2028, the market was expected to attain a value of $55.79 billion.
Earlier this year "the integration of CBCT scan data into digital treatment planning gives doctors the control and confidence to leverage their expertise and expand treatment to all types of malocclusion, including ortho-restorative cases with implant site preparation, deciding upon different treatment planning options (such as expansion versus extraction), as well as teen cases to navigate impacted or unerupted teeth," said Dr. Graham Gardner, an orthodontist in Richmond, Virginia, according to the report.
The market is expected to grow based on increasing rates of oral disease and trauma to the oral cavity across the world. These can range from dental caries, tooth loss, misaligned teeth, dental infection, endodontics, orthodontics, restoration, and whitening.
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At the start of the reporting period in 2022, the segment for dental restoration made up the largest market share. Moving forward, the orthodontics segment was forecast to hold the largest share by 2028, and to grow at a CAGR of 9.5%.
By end-user segment, dental clinics and hospitals made up the largest market share in 2022. The same segment is forecast to continue to lead the segment in the 2022 to 2028 period with a CAGR of 9.1% across that time.