Managed Network Services Market Set to Soar, Predicts Meticulous Research®

Posted April 25, 2024 by shitalt

The Managed Network Services Market is set to achieve $103.9 billion by 2030, exhibiting a CAGR of 8.1% from 2023 to 2030.

According to this latest publication from Meticulous Research®, the global dental consumables market is projected to reach $61.68 billion by 2030, at a CAGR of 9.8% during the forecast period. The growing prevalence of dental diseases, the rising demand for cosmetic dental procedures, growing medical tourism for dental procedures, and the increasing global geriatric population are the factors driving the growth of this market.

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Dental Consumables Market: Future Outlook

The global dental consumables market is segmented by product [dental implants {type (plate form and root form), material (titanium implants and zirconium implants)}, dental prosthetics { type (bridges, dentures, abutments, veneers, inlays and onlays), material (metals, ceramics, polymers, composites)}, endodontics {endodontic files, obturators, permanent endodontic sealers}, orthodontics { type (removable braces, brackets, archwires, anchorage appliances, ligatures), material (polymers, metals, ceramics)}, periodontics {dental sutures, dental hemostats}, professional dental care essentials, and other dental consumables], end user [dental clinics & hospitals, dental laboratories, and academic & research institutes], and geography. The study also evaluates industry competitors and analyzes their market share at the global and regional levels.

Based on product, in 2023, the orthodontics segment is expected to account for the largest share of the market. This segment is further segmented based on type and material. The high prevalence of malocclusion and the growing adoption of clear aligners/removable braces for aesthetics are the major factors contributing to this segment's large market share.

Based on end user, in 2023, the dental clinics & hospitals segment is expected to account for the largest share of the market. Factors contributing to the large market share of this segment include the increased prevalence of dental disease, the consolidation of dental clinics, and the availability of wide treatment options at dental clinics & hospitals.

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Geographic Review:

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico and Rest of Latin America), and the Middle East & Africa ( Saudi Arabia, UAE, and Rest of Middle East & Africa).

In 2023, North America is expected to account for the largest share of the dental consumables market, followed by Europe and Asia-Pacific. Furthermore, in 2023, the U.S. is expected to be the largest market in North America. The rising number of dentists, increasing budget for dental research, high prevalence of oral diseases, awareness about oral hygiene and preventive measures against oral diseases, and the presence of leading market players contribute to the large share of this market.

Key Players

The key players operating in the global dental consumables market are Institut Straumann Ag (Switzerland), Dentsply Sirona inc. (U.S.), Zimmer Biomet Holdings Inc. (U.S.), Envista Holdings Corporation (U.S.), Dentium Co. Ltd (South Korea), OSSTEM IMPLANT CO., LTD. (South Korea), Medlline Industries, Inc., (U.S.), Kulzer GmbH (Germany), Ultradent Products, Inc. (U.S.), Align Technology, Inc. (U.S.), SmileDirectClub, Inc. (U.S.), Ivoclar Vivadent Ag (Liechtenstein), Koninklijke Philips N.V. (U.S.), Colgate-Palmolive Company (U.S.), and The Procter & Gamble Company (U.S.).

Clear Aligners: A New Era of Orthodontics

In recent times, concern over one’s appearance in their personal and professional life has grown for both adults and children. Patients, when thinking about correcting their misaligned teeth, are showing reluctance to use metal braces and wires. But in the last few decades, dentistry has been revolutionized and now offers a number of options, such as clear aligners, to be used for the correction of misaligned teeth. Aesthetics and appearance is a major concern among patients who take orthodontic treatment.

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Due to the increasing demand for aesthetic alternatives to conventional braces, researchers and dental product manufacturers have innovated several solutions, such as composite braces, ceramic, lingual orthodontics, and clear aligners. The demand for clear aligners is increasing daily due to patients' concern over their appearance wearing traditional orthodontic appliances.

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Last Updated April 25, 2024