Indian Dental Consumables Market Expected to Reach $232,527 Thousand by 2023, Says Allied Market Research

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Dental-Consumables

According to a new report published by Allied Market Research, titled, Indian Dental Consumables Market by Product and Location: Opportunity Analysis and Industry Forecast, 2017-2023, the Indian dental consumables market was valued at $116,397 thousand in 2016, and is projected to reach $232,527 thousand by 2023, registering a CAGR of 10.3% from 2017 to 2023. The other consumables segment dominated the consumables market, accounting for a share of more half of the market in 2016.

Dental consumables include medical devices such as dental sundries, small equipment, dental restoration devices, and other consumables to treat dental caries and periodontal diseases.

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The growth of the Indian dental consumables market is driven by rise in investments for establishment of multispecialty hospitals offering dentistry, increased efforts to establish India as a manufacturing hub for dental supplies, and growth in in dental tourism due to low cost and efficient treatment. However, price sensitivity of the dental consumables due to fluctuating currency exchange rates is expected to limit the market growth. Increased focus of the multinationals such as Dentsply Sirona, 3M, and others to invest and expand in India is expected to offer lucrative opportunity for the market.

The endodontics segment is expected to register highest CAGR of 12.6% from 2017 to 2023, owing to increase in prevalence of dental problems among all age groups.

Key Findings of the Indian Dental Consumables Market:

  • The dental ceramics segment is projected to grow at CAGR of 11.6% during the forecast period.
  • The top five metro cities dominated the market in 2016, accounting for five-sixths share of the market.
  • In 2016, the handheld RC files segment accounted for a share of more than half of the total Indian dental consumables market.
  • The dental disposables segment accounted for the highest CAGR of 12.2% in 2016.

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In 2016, top five metro cities accounted for a share of five-sixths of the Indian market, owing to increase in prevalence of various dental problems such as periodontal diseases and dental caries. Next 40 towns holds the second position in the Indian dental consumables market.

The major companies profiled in the report include 3M Company, Anand Meproducts Pvt. Ltd., Danaher Corporation, Dentsply Sirona, Indident, Institut Straumann AG, Mil Medical Dental Systems Pvt. Ltd., Osstem Implant Co. Ltd., Prime Dental Products Pvt. Ltd., Zimmer Biomet, and Mani Inc.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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