View Report Details Global Dental Market ----------------------------------------------------2014
View Report Details Executive Summary Dentistry is the branch of medical science which encompasses diagnosis, treatment & prevention of diseases of the teeth, gums and supporting bones. One of the major segments of dental industry is implant dentistry. The market for implant dentistry comprises dental implants and abutments as well as supporting tools/instruments. The global market for dental care is bifurcated into two segments: dental consumables and dental equipments. Dental consumables is a major segment of the dental care industry, which includes crowns/bridges, implants, orthodontics, impressive materials, composites, endodontics, adhesives, and cements, while the dental equipment segment is composed of large equipment, like autoclaves, sterilizers, chairs, communication systems, compressors, cuspidors, and digital imaging systems. The worldwide dental market is growing on the back of low dental implant penetration rates, rising healthcare expenditure and increasing ageing population. Ameliorating global economic development and increasing consumer income are some major factors which are bolstering the dental market. Ongoing mergers and acquisitions, increasing prevalence of CAD/CAM technology and increasing share of emerging markets are the significant trends observed in the dental market. However, there are many factors which hinder the growth of respective industry, some of which are high cost of treatment, regulatory risks, significant barriers to entry and challenging economic conditions. This report offers a comprehensive analysis of the worldwide dental market, along with an in-depth study dental implant industry. The report also includes the detailed description of North American dental market. The global dental industry is characterized by its dynamic structure and intense competition among the companies operating here. To remain competitive, players continue to develop and acquire new products and technologies. The competition in the respective market is intense with few large players viz. Nobel Biocare, Straumann, Dentsply and Zimmer. The competitive landscape along with the company profiles of the leading players in the market is discussed in detail. By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Dentistry is the branch of medical science which encompasses diagnosis, treatment & prevention of diseases of the teeth, gums and supporting bones.
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North American Dental Industry (Q112-Q313)
In North America, the dental market was valued at US$...billion in 3Q13 as compared to US$... billion in 3Q12. For 3Q13, the internal growth in North American dental market was …% yearover-year versus growth in 3Q12, with dental consumables growth at …% and dental equipment growth at …% year-overyear.
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The market for dental consumables is anticipated to deliver solid growth in the coming years and reach US$... billion by the end of 2015. As of 2013, the same inclined by…% to US$... billion as compared to US$... billion in 2012.
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The preventive segment of the dental consumables market accounted for ….% of the market share in the year 2013. followed by restorative segment which held ….% share. Implants, orthodontics and prosthetics, accounting for respective share of …%, …% and ….% in the cited year, are other major segments that are anticipated to show significant growth in the years ahead.
Global Dental Consumable Market Segment by Product (2013)
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North America Dental Consumable Sales (2009-2015E)
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Endodontics
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The global market for dental care is bifurcated into two segments: dental consumables and dental equipment.
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North American Dental Equipment Sales (2010-2015E)
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As of 2013, the North American dental equipment market is estimated to be worth US$... billion, which is projected to increase to US$... billion by the end of 2015. The same recorded an annual growth of …%, compared to US$... billion in 2012.
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North American dental implant industry is a stable market with consistent growth, recording a CAGR of ….% for the period spanning 2010-2013. The same accounted for US$... billion in 2013, up by …%, compared to US$.... billion in the previous year.
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In 2007, approximately US$.... per head was spent on healthcare services, and the figure increased to US$.... per capita in 2013. The same recorded a CAGR of ….% for the aforementioned period.
Global Healthcare Expenditure Per Capita (2007-2013)
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North American Dental Implant Market by Value (2011-2015E)
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The worldwide dental market is growing on the back of low dental implant penetration rates, rising healthcare expenditure and increasing ageing population.
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Dental Implant Penetration by Countries (2013)
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The penetration level of dental implants is very low in the countries with low economic status, whereas the same is notably high in the countries which have seen the emergence of dental implant technology and where dentists have adopted it at an early stage.
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The number of people aged 60 years and above is expected to increase from … million in 2012 to … million in 2013, showing a growth of approximately …%. The same increased at a CAGR of …% for the period spanning 2005-2013.
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Europe, the largest regional market, accounted for more than ….% of the global implant market. North America, which detained almost …% of the market, continued to grow robustly, while the third-largest region, Asia Pacific, declined. Market share of Asia Pacific was recorded near …%.
Global Dental Implant Market by Geographic Region
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Ageing Population Worldwide (60+ Years) (2005-2013)
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Ongoing mergers and acquisitions, increasing prevalence of CAD/CAM technology and increasing share of emerging markets are the significant trends observed in the dental market. Global Dental Implant Market by Value (2009-2016E)
The global dental market was estimated at US$.... billion in 2013 and the same is projected to be worth US$.... billion by the end of 2017, recording a CAGR of ….% during this period. Growth in this market is mainly driven by increasing ageing population, growing awareness for oral health, and technological advancements in the fields of dental care. In addition, rising disposable income, improving standards of living, increasing edentulous population and rising number of retired baby boomers will also add to the growth of the industry.
Revenue of the global dental implant market recorded an incline from US$... billion in 2012 to US$...billion in 2013, representing the rise of …%. This was mainly the result of favorable economic conditions in many countries and high treatment costs. In line with this, the market for dental implants is expected to flourish and reach US$... billion by the end of year 2016. For the period 2013-2016, the market for dental implants is projected to grow at a CAGR of ….%.
The worldwide orthodontic products market is valued at roughly US$... billion, accounting for roughly ….% of the US$.... billion worldwide dental (consumables plus equipment) market and just under ….% of the US$14.5 billion worldwide dental consumables market. Products included within this US$.... billion segment of the dental market include the brackets, bands, and arch-wires used in traditional fixed appliance cases, as well as clear aligners, with the former accounting for nearly ….% of the market and the latter accounting for a little over ….% of the market.
Note: Market attractiveness is inverse of penetration. Low penetration means high attractiveness and vice-versa
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Global Dental Market Forecast (2011-2017E)
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