The dental consumables market is expected to reach nearly $27.6 billion by 2023, according to medGadget.
Here are five notes:
1. From 2015 to 2023, the market is expected to grow at a compound annual growth rate of 5.7 percent.
2. The market was valued at almost $16.5 billion in 2014.
3. The increase in global dental tourism, reduced fixed infrastructure costs and limited government intervention in countries such as India, Hungary and Turkey, have contributed to a rise in demand for consumables in these nations.
4. In developed countries, the introduction of government initiated dental reforms has spurred the market's growth.
5. Companies including 3M, Danaher, DENTSPLY, Henry Schein, Institut Straumann, Ivoclar Vivadent, Nobel Biocare, Patterson, Septodont, Ultradent Products and Zimmer Biomet lead the market.
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