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Europe is the second largest region in the global dental market. It is projected to grow at a CAGR of 8.0% during the forecast period. The global market is projected to grow from USD 36.08 billion in 2022 to USD 65.23 billion by 2030.
Rising geriatric population and the increasing demand for aesthetic dentistry in the region have elevated the demand for the products. The growing adoption of such advanced dental consumables and equipment has led key market players to increase their focus on introducing new products across the region. For instance, in March 2022, Dental Tribune International, a France-based company, announced the launch of Axiom X3 in the western European markets. The Axiom implant range is well-known among implantologists in the region for their good prosthetic performance, simplicity of use, and maintained consistency in treatment results.
Our report on the European market covers the following countries/regions – U.K., Germany, France, Italy, Russia, Nordic, and the rest of Europe.
Increasing Introduction of Dental Consumables to Augment Market Growth
The increasing efforts from major players as well as government organizations to enhance the accessibility of oral treatments amongst the population, is thereby boosting the use ofl consumables and equipment across the region. Furthermore, the growing introduction of advanced products by market players is expected to boost the market during the forecast period.
Furthermore, the increasing number of tooth-related surgeries across Europe is expected to boost the demand for consumables, which is expected to increase the introduction of cutting-edge products in the long run, augmenting Europe dental market share.
Increasing Prevalence of Dental Diseases in Europe to Accelerate Market Growth
The rise in the prevalence of people suffering from orthodontic diseases across the region is increasing the adoption of products in clinics and labs, further contributing to market expansion.
Furthermore, the number of major players in the region and their rising focus on R&D and developing technologically advanced products is anticipated to drive the Europe dental market growth during the forecast period.
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High Dental Treatment Costs to Limit the Market Growth
Despite increased adoption of innovative products and procedures, the high cost of tooth-related treatments hampers its demand in the market. The overall increasing cost of this treatment is affecting its adoption among the population of the region.
Furthermore, adverse reactions associated with products containing eugenol, which includes products such as cement coupled with inadequate reimbursement policies in the region is expected to restrain the market share during the forecast period.
The competitive landscape is consolidated with market players such as Dentsply Sirona, Align Technology Inc., Envista Holdings Corporation (Danaher), Institut Straumann AG, and Henry Schein, Inc holding a significant share. A diversified product portfolio of clear aligners and implants, leading to new product introductions, is the prominent factor responsible for the significant share of these companies in the market. Moreover, increasing focus on partnerships and robust acquisition strategies with other market players is expected to attract more market revenue.
Other prominent players such as 3M, Ultradent Products Inc., BIOLASE Inc., Septodont GmbH, Zimvie (Zimmer Biomet), and other small and mid-sized market players exhibit good presence in the market. These companies in the market are focused on strengthening their product portfolio and distribution network through strategic collaborations and partnerships to increase their share in the Europe market.
KEY INDUSTRY DEVELOPMENTS:
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The market report provides qualitative and quantitative insights and a detailed analysis of the size & growth rate for all possible segments in the market. Along with the market forecast, the research report provides an elaborative analysis of the market dynamics and competitive landscape. The report presents key insights, such as key industry developments – mergers, acquisitions & partnerships, and the impact of COVID-19 on the market.
ATTRIBUTE | DETAILS |
Study Period | 2019-2030 |
Base Year | 2022 |
Estimated Year | 2023 |
Forecast Period | 2023-2030 |
Historical Period | 2019-2021 |
Growth Rate | CAGR of 8.0% from 2023 to 2030 |
Unit | Value (USD Billion) |
Segmentation | Type; End User; and Country/ Sub-Region |
By Type |
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By End User |
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By Country/ Sub-Region |
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Growing at a CAGR of 8.0%, the market will exhibit steady growth in the forecast period (2023-2030).
The increasing prevalence of oral diseases coupled with rising initiatives of market players to introduce innovative products for oral care & oral health are the major factors driving the market growth.
Dentsply Sirona, Align Technology Inc., Envista Holdings Corporation (Danaher), Institut Straumann AG, and Henry Schein are the major companies in the market.
Germany dominated the market in 2022.
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