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| Report Code: A02052 | Pages: 150 | ||
| Tables: 25 | Charts: 42 |
| |
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. Dental consumables include medical devices such as dental sundries and small equipment that are used for the treatment of patients suffering from dental caries and periodontal diseases.
Segment Review
The other dental consumables segment is expected to generate maximum revenue for the Indian dental consumables market, owing to increase in prevalence of dental issues, which require use dental consumables for quality treatment.
Increase in Dental Tourism in India
The Indian dental consumables market is witnessing prominent growth, owing to increase in dental tourism due to low cost of dental treatment in the country and availability of specialized professionals who deliver quality treatment. Dental treatment in the developed nations such as Europe and North America is expensive as compared to India. The population suffering from dental problems in these geographical areas prefer to travel to India to get quality treatment at a low cost. Thus, increase in dental tourism is expected to propel the growth of the Indian dental consumables market.
The key players 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. Other prominent players operating in the market include KAVO G C, Ivoclar-Vivadent, Nobel Biocare, Mecktron, Aceton, and others.
Key Benefits
Indian Dental Consumables Market Report Highlights
| Aspects | Details |
|---|---|
| By PRODUCT |
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| By LOCATION |
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| By Region |
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| Key Market Players | PRIME DENTAL PRODUCTS PVT LTD, MANI, INC., INDIDENT MEDICAL DEVICES, DANAHER CORPORATION, ZIMMER BIOMET HOLDINGS, INC., DENTSPLY SIRONA INC., 3M COMPANY, OSSTEM IMPLANT CO., LTD., ADIN DENTAL IMPLANT SYSTEMS LTD., ANAND MEPRODUCTS PVT., LTD., INSTITUT STRAUMANN AG |
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The Indian dental consumables market is expected to witness significant growth in the near future, owing to high prevalence of dental problems such as dental caries and periodontal disease and increase in dental tourism. The other consumable segment is expected to generate the highest revenue in 2016, and is expected to maintain its lead during the forecast period. The top five metro cities occupy the major share due to large number of dentist practicing in cosmopolitan areas as compared to rural areas.
The factors that boost the growth of the Indian dental consumables market include rise in prevalence of dental problems, surge in investments for establishment of multispecialty hospitals offering dentistry, increased focus of the country to establish itself as a manufacturing hub for dental supplies, and rise in dental tourism in India due to low cost with quality treatment. However, price sensitivity of the dental consumables due to fluctuating currency exchange rates is expected to market. Furthermore, increased focus of the international players such as Dentsply Sirona, 3M, and others to invest and expand in India is expected to offer lucrative opportunity for the market
The top five metro cities segment dominated the Indian dental consumable landscape by contributing the largest revenue in 2016. Indian dentists and manufacturers of the consumables are expected to capitalize the rural areas, owing to presence of large patient pool and untapped areas. This is anticipated to further serve as a lucrative opportunity for the manufacturers, as India has the largest population in the world with prevalent dental issues.
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