Dental Consumables Market Set for Growth to $28.3 Billion
The global dental consumables market is projected to exceed $28.3 billion by 2024, growing at a CAGR of 6.5% from 2016 to 2024. Increased dental procedures and product advancements are driving market expansion.
The global market for dental consumables is expected to surpass $28.3 billion by 2024, according to a report by Market Research Future (MRFR). The market is forecast to grow at a compound annual growth rate (CAGR) of 6.5% between 2016 and 2024.
This growth is attributed to a rising incidence of dental ailments and the development of new, more effective dental products. Dental consumables aid dental care providers in diagnostic, preventive, restorative, and emergency procedures.
Europe is anticipated to lead the global market, with North America expected to maintain the second position. The Asia Pacific (APAC) region is projected to experience the fastest growth, with an estimated CAGR of 7%, driven by increasing per capita income and wider access to quality dental care.
The market is segmented by type and region, with dental implants identified as a key product category. An increase in overall dental cases and a growing demand for cosmetic dental procedures are also contributing to the market's development.