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Market Analysis of Dental practice meet 2020€¦ · market trends, demands and much more. Scope & Importance The Dental market is one of the fastest growing markets around the globe

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Page 1: Market Analysis of Dental practice meet 2020€¦ · market trends, demands and much more. Scope & Importance The Dental market is one of the fastest growing markets around the globe

2nd International Conference on Dental Practice Market Analysis | 2020

2020

Vol.5 No.1

Market Analysis 2020 Journal of Orthodontics & Endodontics

Market Analysis of Dental practice meet 2020

Dr.Manuela Diana

University of Ankara, Turkey E-mail: [email protected]

Summary

The Dental Health Market report is a detailed assessment

of the regeneration product Market, which enables market

drivers, recent technologies, product Specification, Product

cost structure, Manufacturing process, etc. This report

provides strategic recommendations consulted by the

industrial experts including market forecasts, profit,

supply, Proportion of Manufacturing Cost Structure, Raw

Materials, Labour Cost, Manufacturing Expenses., latest

market trends, demands and much more.

Scope & Importance

The Dental market is one of the fastest growing markets

around the globe. It includes treatment, prevention and

diagnosis of the diseases related to the oral cavity. The

dental services include oral surgery, dentures, laser

dentistry, cosmetic dentistry, root canal, dental implants

and smile makeover.

The global dental market in the year of 2013 and 2014 was

$46.4 billion and $47.7 billion respectively. And it may

grow at a rate of $55 billion in 2019, with a compound

annual growth rate 2.9%.The rising awareness about oral

care, increase in demand for preventive and cosmetic

dentistry and due to technological advancement, the

growth in dental implant market is higher. The global

dental market is divided by structure (parallel walled

implants), by material (Zirconium, Titanium) and by

geography (Asia-Pacific, Europe, North America, Latin

America and Middle East & Africa). The global Dental

Implant Market may rise to USD 4,497.1 million by 2022

with a CAGR of 6.1% during the period of 2017-

2022.Dental practice management software ensures all

non-clinical work such as patient account, billing and

appointment bookings so that a dentist is free to

concentrate on his patient. By current reports the dental

practice management software market is to grow with a

CAGR of 10.2% in the period of 2016-2020.

The global dental consumables market is divided on type

of end users, product type, and geography. This field is

getting more importance due to increase in dental

treatment, increase in population. The dental consumable

market is getting a healthy growth and it may grow to a

rate of USD 35.35 billion at CAGR of 6.8% between 2016 to

2021.The global dental market is based on two component

one is professional dental market another one is consumer

dental market. Professional dental market comprises of

furniture equipment, materials and supply for general

dentistry, preventive dentistry, dental treatment, cosmetic

and restorative dentistry. The consumer dental market

comprises of daily preventive care and treatment and

cosmetic material and supplies also.

European Dental Market:

Europe dental hardware advertise was esteemed at USD

2,156 million and is required to develop in record of high

mindfulness among individuals about oral wellbeing. In

2007, there were a sum of 343,922 dynamic dental

specialists and 30,963 enrolled dental hygienists in the 30

EU/EEA part states in addition to Switzerland.

European market for Dental suture is been isolated in view

of sorts and procedures of the suture. In light of the kind of

suture, it is distributed as Non-absorbable sutures,

Absorbable sutures and others. While in perspective of the

framework compose the market is partitioned as

Interrupted sutures, Continuous sutures and Mattress

Suture. Non-absorbable dental suture holds the

tremendous bit of the general business in European

market and is surveyed to create at speediest CAGR of

6.7%. The Interrupted dental suture holds the immense

market of dental suture by frameworks create which is

surveyed to create at speediest CAGR of 6.8%. The Dental

Market: Techniques, Equipment & Materials.

Global Automated Dental Health Market: Trends and

Opportunities

The global dental market is expected to reach $50 Billion

by the end of 2020 at a CAGR of 4.5 %. Factors like

evolution of dental materials, discovery of newer, more

sustainable, eco-friendlier dental technology; rise in

awareness about dental health and its correlation with

overall wellbeing; Availability of more funds for R & D have

contributed to the rapid rise in the dental market. North

Page 2: Market Analysis of Dental practice meet 2020€¦ · market trends, demands and much more. Scope & Importance The Dental market is one of the fastest growing markets around the globe

2nd International Conference on Dental Practice Market Analysis | 2020

2020

Vol.5 No.1

Journal of Orthodontics & Endodontics

America is the market leader with a share of ~42% of the

global dental market. The presence of a large number of

dental practice firms and analytical equipment

manufacturers has contributed to the market boom.

Another reason behind the market expansion is the huge

increase in the number of PPOs (Private Practice Owners).

Dental Equipment has the highest market share among all

the 7 segments (Preventive Dental Care Market, Dental

Restoratives Market, Dental Prosthetics Market, Dental

Implants Market, Dental Orthodontics Market, Dental

Endodontic Market and Dental Equipment Market). Henry

Schein has the largest market share in global dental

market; however, its market share is expected to decline in

future. As per the global dental market report, from past

few years, the dental market is relatively stable, with

substantial growth in restorative CAD/CAM dentistry.

Global Dental Market is expected to be more than US$ 50

Billion market by 2020; growing with double digit CAGR.

Dental Equipment has the highest market share among all

the 7 segments (Preventive Dental Care Market, Dental

Restoratives Market, Dental Prosthetics Market, Dental

Implants Market, Dental Orthodontics Market, Dental

Endodontic Market and Dental Equipment Market). The

global dental equipment market has been estimated at

USD 6.2 billion in 2016 and is projected to reach USD 8.5

billion by 2021, at a CAGR of 6.5 % during the forecast

period from 2016 to 2021.

Current Market Statistics:

The Global Dental Market is aiming to cross US $ 60 Billion by 2024 due to the demand for better oral wellbeing and high income of people globally. By creating the awareness on oral hygiene i.e, by keeping our teeth and mouth clean, can prevent gingivitis, cavities, and bad breath are some factors that will help the global dental market to reach its position in the upcoming years.

It is estimated to have a growth rate of $55 billion in 2019 with an annual growth of 2.9.

Eliza Russell

Program Manager | Dental Practice Meet 2020

Phone No.: +1 201 380 5561

WhatsApp No.:+447723584374