Published By : 01 Apr 2016 | Published By : QYRESEARCH
Over the past few years, there have been many partnerships and mergers registered between leading players and new entrants in the global dental consumables market. Many new companies entered into a partnership contract with leading players to enhance their presence in the global market. With this, the leading players are aiming to maintain their dominance as well as support new entrants to contribute better. Low labor costs coupled with the rise in the global dental tourism have contributed towards the growth of the global dental consumables market in the recent past. Going forward, the global dental consumables market is expected to be benefitted with some other factors such as minimum government intervention and low fixed infrastructure cost.
Currently, the dental consumables market is the fastest growing market in the global medical devices industry. With many new dental consumables in the pipeline, the leading players are expected to register more demand in the years to come. Among all dental devices in the global market, dental implants are expected to receive the maximum demand. Over the short history of dental implants, the most popular choice of materials for implants was titanium. Considering the growth opportunities in the global market, more companies are expected to sign partnership contracts to increase their contribution.
Which Dental Consumables are Expected to Gain Demand?
However, the cost of dental treatments is the only factor expected to hamper the growth of the global dental consumables market.