Number of pages: 100 | Report Format: PDF | Published date: June 10, 2021
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023 to 2031
According to the deep-dive market assessment study by Growth Plus Reports, the global dental equipment & consumables market was valued at US$ 34.70 billion in 2022 and is expected to register a revenue CAGR of 6.8% to reach US$ 62.72 billion by 2031.
Dental Equipment & Consumables Market Fundamentals
Dental equipment and consumables refer to the tools, instruments, devices, and materials dental professionals use to provide oral healthcare services in their practice. These items are essential for diagnosing, treating, and preventing oral diseases and maintaining overall oral health. Dental equipment typically includes a wide range of devices and machinery used in dental clinics or laboratories, such as dental chairs, X-ray machines, dental drills, scalers, curing lights, dental handpieces, dental lasers, and dental imaging equipment. These tools are designed to aid in various dental procedures, including examinations, cleanings, fillings, extractions, and surgeries. On the other hand, dental consumables are disposable or single-use items that are used during dental procedures and then discarded. These consumables include items such as gloves, masks, gowns, dental bibs, disposable syringes, needles, dental impression materials, dental anesthetics, dental burs, dental adhesives, dental composites, dental cement, dental waxes, and dental sutures. Dental consumables are essential for maintaining a sterile and hygienic environment during dental procedures, preventing the spread of infections, and ensuring patient safety. Both dental equipment and consumables play a crucial role in delivering quality dental care, enabling dental professionals to perform their tasks effectively, efficiently, and safely.
Dental Equipment & Consumables Market Dynamics
The prevalence of dental disorders is rising significantly worldwide, this is increasing the demand for dental equipment & consumables. According to the WHO, around 3.5 billion people worldwide are affected by dental diseases, with 3 out of 4 people affected living in middle-income countries. Globally, an estimated 2 billion people suffer from caries of permanent teeth, and 514 million children suffer from caries of primary teeth. The global demographic shift towards an aging population has increased the demand for dental services, as older individuals have higher dental care requirements. Age-related factors contribute to a greater susceptibility to dental diseases like tooth decay, gum disease, and tooth loss. This rising demand for dental services has driven the increased utilization of dental equipment and consumables. According to the WHO, total tooth loss prevalence is estimated at 23% for the population 60 and older.
The dental equipment & consumables market outlook is positive due to rapid advancements in dental technology, which have resulted in the development of innovative dental equipment and consumables. Newer technologies, such as digital imaging, CAD/CAM systems, laser dentistry, and 3D printing, have improved treatment outcomes, increased efficiency, and expanded treatment options. Dental professionals are investing in advanced equipment to provide superior dental care. The dental tourism sector's growth has contributed to the dental equipment & consumables market growth. Dental tourists seeking affordable dental treatments increasingly travel to countries that offer cost-effective services compared to their home regions with higher treatment costs. Dental clinics targeting this segment must invest in state-of-the-art equipment and top-quality consumables to deliver competitive services and attract dental tourists. Governments in various countries are taking initiatives to improve oral healthcare infrastructure. Increased investments in healthcare facilities and reimbursement policies for dental treatments have positively impacted the dental equipment and consumables market.
However, dental equipment and consumables are subject to strict regulatory standards and certifications to ensure patient safety. Compliance with these regulations can be complex and time-consuming, adding to the challenges manufacturers and suppliers face. In certain healthcare systems, dental treatments may have limited or no reimbursement coverage from insurance providers. This can discourage patients from seeking comprehensive dental care or opting for advanced procedures, thus restricting the dental equipment & consumables market growth.
Dental Equipment & Consumables Market Ecosystem
The global dental equipment & consumables market is analyzed from three perspectives: type, end user, and region.
Dental Equipment & Consumables Market by Type
Based on the types, the global dental equipment & consumables market is segmented into equipment and consumables.
The consumable segment accounted for the largest revenue share of the equipment & consumables market in 2022 with approximately 68% share of the market. The consumable segment is further sub-segmented into dental prosthetics, dental anesthetic, endodontic materials, orthodontics materials, periodontics materials, dental hygiene, and other dental consumables. Consumables are characterized by their disposability or single-use nature, making them essential items used in large volumes during dental procedures. This significant consumption rate directly influences the overall revenue generated by the consumable segment. Unlike dental equipment, which is typically a one-time investment, consumables must be replenished regularly. Dental professionals and practices require a continuous supply of consumables to ensure proper infection control, maintain hygiene standards, and deliver quality dental care. This results in repeated purchases of consumables, leading to a steady revenue stream for manufacturers and suppliers.
In comparison to dental equipment, consumables generally have lower price points per unit. While the consumption volume is high, the individual cost of consumables is often relatively low. This affordability makes it easier for dental practices to procure consumables in larger quantities and maintain an adequate supply. The consumable segment encompasses a wide range of products, including gloves, masks, bibs, syringes, anesthetics, dental materials, and more. This diverse portfolio of consumables caters to various dental procedures and treatment requirements. The availability of a comprehensive range of consumables encourages dental professionals to procure multiple products, further contributing to the segment's revenue share.
The equipment segment accounted for a considerable revenue in the dental equipment & consumables market share in 2022. Dental equipment, such as dental chairs, X-ray machines, dental drills, and imaging equipment, generally have higher price points than consumables. These equipment items often require a significant upfront investment, impacting the segment's overall revenue share. Dental equipment is designed to be durable and has a longer lifespan than consumables. While consumables need regular replacement, dental equipment can last several years or even decades with proper maintenance. This longevity affects the frequency of purchases, resulting in a lower revenue share than consumables. Acquiring dental equipment involves a substantial capital investment for dental practices. The high upfront costs and potential financing requirements can limit the immediate adoption or replacement of equipment.
Dental Equipment & Consumables Market by End User
Based on the end users, the global dental equipment & consumables market is segmented into hospitals, dental clinics, and others.
The dental clinics segment accounted for the highest dental equipment & consumables market share, approximately 35.3% in 2022. Dental clinics are the primary providers of dental care services, and they consistently need dental equipment and consumables to perform various procedures. As the core users and purchasers of dental products, dental clinics drive the market's demand for equipment and consumables. Dental clinics require a wide range of equipment and consumables to cater to different aspects of dental care, including diagnosis, treatment, hygiene, and infection control. This broad scope of usage contributes to segmental growth. Dental clinics generally have higher financial capabilities than individual practitioners or smaller dental practices. This allows them to invest in advanced dental equipment and procure consumables in bulk. Dental clinics often prioritize using reliable and reputable brands for dental equipment and consumables. Established brands with a proven track record of quality, reliability, and support are more likely to be favored by dental clinics. Dental clinics prioritize regularly upgrading and maintaining their equipment to ensure efficient and high-quality patient care. They understand the importance of staying updated with technological advancements and industry standards. This continuous need for upgrades and maintenance drives their consistent demand for dental equipment and consumables.
Dental Equipment & Consumables Market by Region
Geographically, the global dental equipment & consumables market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The Europe region has the most prominent dental equipment & consumables market size in terms of revenue generation. The rising prevalence of dental diseases in the region is a major contributor to the regional growth. According to the WHO, the European region had the highest prevalence of major oral disease cases across all six WHO regions worldwide, accounting for 50.1% of the adult population. Moreover, it has the highest prevalence of caries of permanent teeth across all WHO regions, at 33.6% of the European Region’s population, representing almost 335 million cases. Europeans have increased awareness of oral health and the significance of dental aesthetics. Patients actively pursue dental treatments to enhance their smiles and improve overall dental aesthetics. This rising trend drives the demand for cutting-edge dental equipment and consumables in various cosmetic dentistry procedures. Europe has a substantial aging population, which is prone to dental issues such as tooth decay, gum disease, and tooth loss. As the population ages, the demand for dental care services and treatments increases, resulting in a higher need for dental equipment and consumables. Europe has renowned dental schools and institutions that offer high-quality dental education and training. The well-trained dental professionals in the region are early adopters of advanced dental technologies and equipment. Europe is at the forefront of dental technology and innovation. There is a strong emphasis on research and development, leading to the introduction of advanced dental equipment and consumables in the market.
Dental Equipment & Consumables Competitive Landscape
The prominent players operating in the global dental equipment & consumables market are:
Dental Equipment & Consumables Strategic Developments
Dental equipment and consumables refer to the tools, instruments, devices, and materials dental professionals use to provide oral healthcare services in their practice. These items are essential for diagnosing, treating, and preventing oral diseases and maintaining overall oral health.
Europe has the largest market share in terms of revenue. Asia Pacific has the fastest growth rate, which can be considered a critical growth region due to the surge in dental equipment & consumables industry trends.
The prominent global dental equipment & consumables market players are ZimVie Inc., 3M Company, Henry Schein Inc., Carestream Health, and aap Implantate AG.
The consumable segment dominated the global dental equipment & consumables market.
During the forecast period, the revenue CAGR of the global dental equipment & consumables market is estimated to be 6.8% during the forecast period from 2023 to 2031.
North America accounts for the largest revenue share in the dental equipment & consumables market.
*Insights on financial performance are subject to the availability of information in the public domain