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Global Market for Dental Consumables was valued at USD 14.9 billion in 2011 and it is expected to reach an estimated value of USD 23.8 billion in 2019, growing at a CAGR of 7.1% from 2013 to 2019.
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The rise in global dental tourism induced by low labor costs, low fixed infrastructure costs and minimum government intervention in emerging economies such as India, Hungary and Turkey, have led to the rise in demand for dental consumable products in these nations. The major growth driver for the dental consumables market in developed countries such as the U.S., Australia, the UK and Germany; is the introduction of government initiated dental reforms such as The Comprehensive Dental Reform Act, 2013 in the U.S. Some of the other growth drivers of the market include global aging population and rise in demand for cosmetic dentistry.