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.
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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