Dentistry industry offers lucrative opportunities for stakeholders with the right products, services, and commitment towards efficiently catering to end-user needs. With the rapidly changing healthcare delivery system, rising disposable incomes, rapid rise in the global geriatric population, growing medical tourism in emerging countries, and changing consumer habits, the dental industry is witnessing significant transformation. Moreover, the rising adoption of emerging technologies which help reduce the overall turnaround time for dental procedures while improving their efficiency is expected to drive this market in the coming years. For instance, computer-aided design (CAD)/computer-aided manufacturing (CAM) technology is increasingly being used in the dental industry as it offers better precision for dental restorations. In 2013, more than 20% of all prosthetic elements were produced using CAD/CAM technology. By 2018, the share of manual manufacturing is expected to decline and more than 30% of all prosthetic elements are expected to be developed using CAD/CAM technology.

North America and Europe are the largest regional markets for dental equipment and consumables. In these regions, traditionally, dentistry focused majorly on providing primary care for infections and tooth decay. However, in recent years, this trend has shifted towards preventive care and cosmetic dentistry. Emerging countries are expected to provide significant opportunities to market players owing to the rising disposable incomes and growing dental care awareness among citizens in these countries. While Japan and South Korea drive technological innovation, countries like India and China offer significant growth opportunities as they are increasingly attracting patients for dental treatments from developed countries.

The dental products market is dominated by the top 5–10 players; these players account for more than half of the global market. However, consolidation of the largest players in the past few years have led to changing dynamics in the market. In November 2014, Danaher Corporation acquired Nobel Biocare Holding AG (Switzerland), a global dental implants and prosthetics solutions company. In November 2013, DENTSPLY International, Inc. (U.S.) acquired QAHR (Hong Kong), a direct dental selling organization that has operations in Hong Kong and mainland China. Recently, Zimmer Holdings, Inc. (U.S.) acquired Biomet, Inc. (U.S.) for USD 13.4 billion, with the aim of establishing a leadership position in the spine and dental business. As a result of these deals, these players have started integrating their businesses, which is expected to transform the dental industry in the coming years. Moreover, several smaller players across developing countries such as China, South Korea, and India are offering products at lower prices as compared to leading global players. This has resulted in greater price sensitivity in the market, leading to pricing competitiveness among local and global players. In order to combat price competitiveness and to gain higher market shares, global players are adopting various strategies such as new product launches, agreements, collaborations, and partnerships.

The dental industry can be categorized into two major segments, namely dental consumables and equipment. Dental consumables include implants, crowns and bridges, biomaterials, adhesives, orthodontics, periodontics, infection control, and other consumables. Whereas dental equipment category include radiology, lasers, laboratory, sterilization, CAD/CAM, electrosurgery, light cure, handpieces, and instrument delivery systems.

MarketsandMarkets specialize in consulting assignments and syndicate research across high growth markets and cutting edge technologies in the dental industry. We cover syndicate studies on dental implants and prosthetics market, dental equipment market, single-tooth implants and dental bridges market, Dental imaging market, oral care products & other dental consumables market, dental diagnostic & surgical equipment market, and orthodontic supplies market. With its extensive knowledge repository, MarketsandMarkets has also executed many consulting projects in this space such as strategic market analysis of Dental alloys, single tooth implants market, Australian dental implants and prosthetics market, cosmetic dentistry market to name a few.

Dentistry industry offers lucrative opportunities for stakeholders with the right products, services, and commitment towards efficiently catering to end-user needs. With the rapidly changing healthcare delivery system, rising disposable incomes, rapid rise in the global geriat ....see more

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