As per the American Association of Oral and Maxillofacial Surgeons, in 2014, approximately 69% of people aged between 35 years and 44 years lost one permanent tooth, if not more, due to a gum disease or an accident. According to the Canadian Health Measures Survey, around 75% of the Canadian residents visit oral care clinics every year. As dental treatments in some nations have become expensive, seeking oral care in other countries has become a trend.
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Growing Dental Tourism to Boost Demand for Dental Consumables
In recent years, the dental tourism industry performed well to become the largest sector of the global medical tourism industry. The arrival of low-cost air travel, high-quality oral treatment technologies, and the rising number of dental insurance policy providers are some of the factors responsible for the growing global dental tourism. The consistently growing dental tourism industry has propelled the global demand for dental consumables.
In the recent past, the governments of many nations have been spending considerable money towards research and development activities for the discovery of new dental consumables. Thus there have been advancements in dental consumables used for dental implants and tooth restoration. The availability of healthcare infrastructure and emerging economies have propelled the demand for new dental consumables across the globe. Going forward, minimal government intervention and low labor costs are predicted to benefit the global dental consumables market.
The demand for dental consumables is expected to be on the higher side due to the increasing number of dental clinics and dental implant centers, especially in the emerging nations. The number of people facing dental issues is increasing rapidly. Improper eating habits have led to growing dental issues among people of all ages. The growing pool of dental patients will boost the global dental consumables market.
Crowns and Bridges to be Largest Product Segment
The global dental consumables market is segmented on the basis of product and region. The product segment comprises dental crowns and bridges, dental implants, dental biomaterials, orthodontics, endodontics, and periodontics. Titanium and zirconium dental implants are being globally used by dental care clinics. Dental crowns and bridges are of three types namely, conventional ceramic, ceramic fused to metal, and ceramic. Currently, the demand for crowns and bridges is the highest. The increasing number of people undergoing root canal operations has propelled the crowns and bridges segment. Advanced technologies including CAM and CAD and the rising use of ceramic-based crowns are expected to further propel the crowns and bridges segment.
Dental injuries due to accidents and diseases have led to the growing use of dental implants. On the basis of usage trend, dental implants made of titanium are the most popular ones. An increasing number of orthodontic procedures are being performed across the globe, which is why the share of archwire and brackets is expected to be the highest.
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Based on region, the global dental consumables market is divided into Europe, Asia Pacific, North America, and Rest of the World. Currently, Europe leads the global market for dental consumables, followed by North America. Some of the leading companies operating across various regions are 3M Health Care, DENTSPLY International, Inc., Institut Straumann AG, Patterson Companies, Inc., Ultradent Products, Inc., and Danaher Corporation. New product launches from leading companies will boost the demand for dental consumables.