The global dental consumables market is projected to hit $47.4 billion by 2026, up from $30 billion in 2021, with an estimated compound annual growth rate of 9.6 percent, according to a new report from Research and Markets.
The estimates are based on end-users such as dental hospitals, clinics and labs. Implants, prosthetics, orthodontics, endodontics, infection control, periodontics, whitening products, finishing products, sealants and splints were all accounted for in the report.
Four key report takeaways:
1. Market growth can primarily be attributed to the rising incidence of dental diseases, rising demand for cosmetic dentistry, growing dental tourism in emerging markets and increasing disposable income in some countries.
2. High cost and limited reimbursements are expected to limit market growth.
3. In 2020, the dental restoration consumables segment accounted for the largest share of the market. Some of this growth can be attributed to the increasing demand for dental restorative procedures in Asian and South American countries, increasing consumer acceptance of advanced dental technologies and a growing geriatric population.
4. The clear aligners/removable braces segment made up the largest portion of the orthodontic consumables market in 2020. This segment is projected to grow at the highest compound annual growth rate during the forecast period.