The dental consumables market size reached $25 billion in 2021 and is expected to register a Compound Annual Growth Rate of 7.1% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of dental problems, rising awareness of oral health and rapid technological developments in medicine are some of the key factors driving the market revenue growth. In addition, growing dental tourism is increasing the growth of dental consumable market.
Technological advancements in the medical sector are increasing the market revenue growth, according to the report. Leading companies are also launching different dental consumables in this market. For instance, in October 2021, Leica Microsystems introduced the M320 for micro-dentistry in a new generation. Dental professionals can illustrate treatment options to patients and encompass them in decision-making processes by using detailed microscope images to foster trust.
A 4K camera built into the new generation of the M320 dental microscope now provides ultra-high-resolution imaging. Leica View App can be used to stream video and images from a microscope to a mobile device for more flexible viewing options.
In addition, government agencies are providing approvals for this dental consumable, which is increasing the growth of this market. For instance, in March 2022, Pearl, the leader in dental AI solutions, announced that the FDA approved its AI-powered, real-time histopathological detection solution, Second Opinion to assist dentists in accurately identifying a wide range of common dental conditions in patient x-rays.
Pearl's Second Opinion is the first and only FDA-cleared AI radiologic detection that can assist dentists in identifying a variety of common dental conditions such as tooth decay, calculus and root abscesses.
Learn more about the report and request a free sample copy on Emergen Research's website.
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