Dental Consumables Market Size to Reach USD 47.02 Billion in 2030 | Emergen Research

VANCOUVER, BC, Feb. 6, 2023 /PRNewswire/ -- The dental consumables market size reached USD 25.30 Billion in 2021 and is expected to register a CAGR of 7.1% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of dental problems, rising awareness of oral health, as well as rapid technological development in medical sector are some of the key factors driving the market revenue growth. In addition, growing dental tourism is increasing the growth of dental consumable market.

Technological advancement in medical sector is increasing the market revenue growth. Leading companies are launching different dental consumables for the advancement of this market. For instance, on 27 October 2021, Leica Microsystems introduced the M320 for micro-dentistry in a new generation. Dental professionals can illustrate treatment options to patients and encompass them in decision-making processes by using detailed microscope images to foster trust.

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For this, a 4K camera built into the new generation of the M320 dental microscope now provides ultra-high resolution imaging. Leica View App can be used to stream video and images from a microscope to a mobile device for more flexible viewing options. Furthermore, government agencies are giving approvals for this dental consumable, which is increasing the growth of this market. For instance, on 8 March 2022, Pearl, the leader in dental AI solutions, announced that the FDA approved its AI-powered, real-time histopathological detection solution, Second Opinion to assist dentists in accurately identifying a wide range of common dental conditions in patient x-rays. Pearl's Second Opinion is the first and only FDA-cleared AI radiologic detection that can assist dentists in identifying a variety of common dental conditions such as tooth decay, calculus, and root abscesses.

Drivers:

Increasing prevalence of dental problems is a key factor in rising the market revenue growth of this market. According to World Health Organization (WHO), about 3.5 billion individuals are affected by oral diseases. Oral cavities are still a significant health problem for many countries and create a lifetime influence on individuals, causing side effects, anxiety, and even death. According to National Center for Biotechnology Information, untreated dental cavities in permanent teeth are the most prevalent disease, which affects about 3.5 billion individuals globally. In both children and adults, dental caries continues to be the most common chronic disease. In Canada, 85.7% of individual have dental problems and they visit dentists within 2 years of duration.