Dental consumables market analysis
Cosmetic dentistry is gaining popularity because it helps in rectifying the physical deformities that are caused by diseases, damage, burns, birth defects, or aging. Research analysis of the dental consumables market in China identifies that the increasing demand for cosmetic dentistry will be one of the major factors that will have a positive impact on the growth of the market. In China, the adoption of cosmetic dentistry is increasing because people rely on orthodontic treatments to improve their appearance. Improper tooth spacing, poor alignment of teeth, and bad bites are easily detected and fixed by these treatments.
Also, the rising need for enhancing self-confidence and self-esteem is encouraging individuals to spend more on orthodontic treatments. This, in turn, will boost the demand for dental tools and consumables in the field of cosmetic dentistry. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 7% by 2021.
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Dental consumables market trends
The increasing adoption of mHealth is identified as one of the key trends that will gain traction in the dental consumables market in China during the forecasted period. The availability of online booking and rating platforms enable patients to compare physicians and hospitals and book appointments online. Patients get updates from these online portals and can select their favored dental specialists based on their availability.
Dental consumables market key players
The dental consumables market in China is characterized by the presence of established vendors. These vendors are increasingly competing against each other based on factors such as technological innovation, user-friendly products, pricing, consistent performance, and partnerships. Regional vendors are offering their products at lower prices to compete against the key vendors. Vendors are trying to expand their geographical reach into new regions and developing new products to widen their customer base. Furthermore, they are also focusing on improving their product portfolios and investing heavily in research and developmental activities to improve their presence in the market.
Key vendors in this dental consumables market
- 3M
- Danaher
- Dentsply Sirona
- GC Corporation
- Institut Straumann
Dental consumables market worth based on product type
- Dental crowns and bridges
- Dental implants
- Orthodontics
- Endodontics
- Periodontics
- Dental biomaterials
Dental bridges are used to cover a missing tooth, whereas, dental crowns are used to cover a damaged tooth or implant completely. The demand for dental crowns and bridges is increasing due to the rising prevalence of oral issues among the aging population. The segment will continue to grow throughout the projected period due to the rising adoption of advanced dentistry and growth in China’s dental consumables market.
Dental consumables market forecast as per the end-users
The hospital's segment contributed the majority of shares during 2016 due to the maximum number of dental procedures performed in public and private hospitals by specialized teams of dentists. Individuals prefer hospitals over dental clinics because they carry out dental procedures such as oral surgeries, maxillofacial surgeries, orthodontics, periodontics, pediatric dentistry, and restorative dentistry.
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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 dental consumables market in China?
- What are the key market trends impacting the growth of the dental consumables market in China?
- What are the challenges to market growth?
- Who are the key vendors in the dental consumables market in China?
- What are the market opportunities and threats faced by the vendors in the dental consumables market in China?
- What are the trending factors influencing the market shares of China?
- What are the key outcomes of the five forces analysis of the dental consumables market in China?
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