Restorative Dentistry Market to be grow at a CAGR of 8.6% in the forecast period of 2022-2030 | Envista, Zimmer Biomet
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Rising prevalence of oral diseases and dental cavities is a key factor driving restorative dentistry market revenue growth
VANCOUVER, B.C, CANADA, July 4, 2023/EINPresswire.com/ -- The global restorative dentistry market size reached USD 16.90 Billion in 2021 and is expected to register a revenue CAGR of 8.6% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of dental cavities and oral diseases, technological developments in the medical sector, rising demand for cosmetic dental surgeries, and increasing dental tourism globally are driving market revenue growth.
Globally, the prevalence of oral diseases such as oral cancer, oro-dental trauma, noma, cleft lip and palate, and cleft palate is rising for tobacco use, sugar consumption, alcohol consumption, poor hygiene, and unhealthy lifestyle choices. For instance, The World Health Organization (WHO), estimates that 3.5 billion people are affected by oral diseases. Despite being largely preventable, oral diseases have a lifetime impact on people, causing pain, anxiety, and even death. They are a major public health concern for many nations. As a result, increasing government support and public awareness of oral health are both driving the market's expansion.
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Dental tourism is rapidly increasing in emerging economies as a result of rising healthcare expenses in developed countries. The top countries for dental tourists are Mexico, India, Costa Rica, Thailand, the Philippines, Hungary, Colombia, Turkey, and Poland as they provide patients with cost-effective and high-quality care, thus they are driving the market revenue growth of dental tourism.
Some Key Highlights From the Report
The endodontics and conservative segment accounted for the largest revenue share in 2021 owing to undiagnosed tooth cavities. The prevalence of untreated oral disease in primary teeth was 10% in children between the ages of 2 and 5 and 16% in those between the ages of 6 and 8, according to the Oral Health Surveillance Report, 2019 from the Centers for Disease Control and Prevention. Thus, increasing oral diseases are contributing significantly to revenue growth of the segment.
The implants segment accounted for a significant revenue share in 2021 owing to rising technological advancements. For instance, on 25 September 2021, the self-tapping implant, known as the ‘DS PrimeTaper,’ was introduced by the Dentsply Sirona Implants company. It has long-term bone stability and is easy to install owing to its double thread. An easy-to-follow drilling protocol that only employs a few different drills supports workflow.
The restorative dentistry market in North America accounted for a significantly large revenue share in 2021 owing to the rising government approvals for dental products. For instance, on 27 December 2021, California, according to a statement released by Envista Holdings Corporation (‘Envista’), The Nobel Biocare N1TM implant system of specialized tools, prosthetic elements, and surgical protocols has been approved by the U.S. Food and Drug Administration (FDA).
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Key players in the market include:
Envista, Zimmer Biomet., GC Corporation, Dental Technologies Inc., BISCO, Inc., KeystoneDentalGroup, COLTENE Group, Mitsui Chemicals, Inc., Dentsply Sirona, 3M.
Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Restorative Dentistry industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
Emergen Research has segmented the global restorative dentistry market on the basis of product, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2019-2030)
Restorative materials
Prosthetics materials
Implants
Restorative equipment
Others
Application Outlook (Revenue, USD Billion; 2019-2030)
Endodontics and conservative
Prosthodontics
Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Dental laboratories
Hospitals and clinics
Others
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Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key point summary of the report:
The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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