August 11, 2016
by PR Newswire (via Yahoo! Finance)
The global dental consumables market is estimated to grow at a CAGR of 6.8% from 2016 to 2021, to reach USD 35.35 billion by 2021 from USD 25.45 billion in 2016. The growth of this market is mainly attributed to rapid rise in geriatric population, growing dental tourism in emerging markets, rising incidences of dental caries and other periodontal diseases, growing disposable incomes (resulting in increased willingness to spend out-of-pocket), rising demand for cosmetic dentistry, and increasing dental care expenditure. However the high cost and limited reimbursement for dental care and shortage of dental professionals are expected to restrain the growth of this market to certain extent.
In this report, the dental consumables market is segmented on the basis of type-of-product, type-of-end user, and region. On the basis of product type, the market is segmented into dental restoration, orthodontics, periodontics, endodontics, infection control products, finishing and polishing products, whitening products, and other dental consumables. The dental restoration segment accounted for the largest share of the global dental consumables market in 2015 owing to its wide utilization by dental professionals for the teeth regeneration and restoration procedures. Based on type of end-users, the market is segmented into dental hospitals and clinics, dental academic and research institutes, and forensic laboratories.
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