Dental consumables market to grow 8.5% CAGR to $54.6b by 2029

By product, the dental restoration segment is projected to hold the largest market share.

The global dental consumables market in terms of revenue is expected to reach $54.6b by 2029 at a compound annual growth rate (CAGR) of 8.5%.

A report by MarketsandMarkets revealed that the market is driven by increasing dental disorders globally, a rising awareness of oral health, advancements in technology, and a growing demand for cosmetic dentistry.

“Moreover, the expanding geriatric population and the prevalence of dental insurance coverage further stimulate market growth,” The report said.

By product, the dental restoration segment is projected to account for the largest market share during the forecast period amidst increased demand for restorative materials such as composites and amalgams due to a rising prevalence of caries and tooth decay.

Meanwhile, the dental hospitals and clinics segment is expected to hold the largest market share, based on end users, due to an increase of performed procedures in these facilities and the presence of advanced equipment and technologies.

“The growing focus on quality dental care, coupled with the availability of skilled professionals and specialised infrastructure in these settings, further consolidates their dominance in the dental consumables market,” The report added.