Overview of the global dental polishing market
According to Technavio’s analyst, the global dental polishing market is anticipated to grow at a steady rate and will post a CAGR of close to 6% during the forecast period. The rising demand for cosmetic dentistry will drive the growth prospects for the global dental polishing market for the next four years. Cosmetic dentistry majorly focuses on the appearance of the client, unlike traditional dentistry that focuses on oral hygiene and treatments. One of the major contributing factors spurring the demand for cosmetic dentistry is witnessed more from the female population in comparison to the male population. Also, current trends such as smile makeovers, increased customer awareness via social media platforms, marketing of dental practices, and media coverage will further accelerate the rate of demand for cosmetic dentistry, which, in turn, will propel the growth potential in the global dental polishing market.
The growing trend of marketing and promotions will drive the growth prospects for the global dental polishing market until the end of 2021. According to the industry research report, several clinics and product providers are increasingly creating awareness among end-users that enable a large number of dentists to reach out to a large patient pool and attract new patients.
Competitive landscape and key vendors
The global dental polishing market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that these vendors are increasingly competing against each other based on factors such as price, innovation, reputation, distribution, and promotion. Moreover, factors such as technological advancements and product upgrades will strengthen the competitive environment in the teeth whitening market. As a result, vendors are increasingly merging with or acquiring smaller entities and distinguishing their products and services with a clear and unique value proposition to sustain and survive in the market.
Key vendors in this market are -
- 3M
- Ultradent Products
- Young Innovations
- GC
- Henry Schein
Other prominent vendors in the market include Bangkok International Dental Center, Cosmedent, Dental Ventures, KENDA, Kerr, Q & M Dental, Raffles Medical, and Riverside Dental.
Segmentation by end-user and analysis of the global dental polishing market
- Hospital and research institutes
- Clinics
The clinic's segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. One of the major factors responsible for the market segment's growth is the increasing number of foreign and domestic investments for the improvement of oral care facilities in APAC countries such as China. Also, several dental clinic groups are collaborating with universities and providing training to dentists to increase the number of clinics in urban and rural areas.
Segmentation by geography and analysis of the global dental polishing market
In terms of geography, EMEA accounted for the majority of market shares during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the teeth whitening market growth in the region is the increasing awareness among the consumers about the oral hygiene, government-aided medical benefits, and the introduction of new treatment techniques. Also, easy accessibility has further encouraged various individuals to opt for dental tools and services for the treatment of their diseases.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global dental polishing market?
- What are the key market trends impacting the growth of the global dental polishing market?
- What are the challenges to market growth?
- Who are the key vendors in the global dental polishing market?
- What are the market opportunities and threats faced by the vendors in the global dental polishing market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global dental polishing market?
Technavio also offers customization on reports based on specific client requirement.
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