The Global Dental Restorative Supplies Market is Projected to Reach US$7.1 Billion by 2024
Rising Prevalence of Dental
Caries & Increasing Popularity of Cosmetic Restorative Procedures Continue
to Encourage Growth in the Global Dental Restorative Supplies Market, According
to a New Report by Global Industry Analysts, Inc.
GIA
launches comprehensive analysis of industry segments, trends, growth drivers,
market share, size and demand forecasts on the global Dental Restorative
Supplies market. The global Dental
Restorative Supplies market is projected to reach US$7.1 billion by 2024, driven by the rising
prevalence of dental caries and the subsequent need to restore and rehabilitate
the form or function of the missing or damaged teeth. The growing popularity of
cosmetic dentistry treatments as a means to enhance facial aesthetics is also
fueling market growth.
Dental
caries, also referred to as tooth cavities or tooth decay, is among the major
issues for public healthcare systems of most countries across the world. Presently,
a significant proportion of the world’s adult population and about 60-80% of
children in the school-going age group suffer from dental caries. Despite the
emphasis on preventive measures, caries remain a major dental concern,
worldwide. It is due to this continuous rise in prevalence of dental caries and
the subsequent loss of tooth, either in whole or in part, that is propelling
demand for dental restoration procedures, globally. Dental restoration is a
procedure where a restorative material is used for rehabilitating or restoring
the morphology, functionality and integrity of a missing or damaged tooth,
caused by caries or external trauma. Dental restoration procedures make use of
materials such as amalgams, bonding agents, composite resins, glass ionomers
and dental ceramics are used for sealing, lining, and filling excavated tooth
cavities and repair broken or injured teeth.
Global
market for dental restorative supplies continues to be fueled by the growing
demand for dental restoration procedures to repair decayed, damaged, worn out
or missing teeth and to restore the individual’s smile. The growing burden of
dental caries and other dental diseases across the world, specifically in
developing economies, rapid growth of elderly population with various dental
issues, increasing awareness about dental hygiene and dental treatments,
increasing cases of accidents involving damage to teeth, and the growing
popularity of cosmetic dentistry procedures are driving demand for dental
restorations procedures, and hence dental restorative supplies used in these
treatments. Driven by the increasing emphasis of individuals on physical
appearance and aesthetics and the consequent increase in cosmetic dental treatments including restorations, the
demand for dental restorative supplies is forecast to grow rapidly in the
upcoming years. Also driving growth is the huge untapped potential in
developing economies, where favorable economic outlook, an expanding middle
class consumer base, and their rising disposable incomes are fueling demand for
dental restorative treatments and materials. Dental restorative supplies market
is also being fostered by the rapid pace of technology advancements, which is
leading to the development of advanced products.
A
wide variety of materials such as amalgams, glass ionomer cement, and composite
resins, among others are used as restorative materials. Of all the materials,
amalgams are presently the most widely used restorative materials, while the
use of glass ionomers and composite resins is steadily gaining prominence.
However, the upcoming years will witness a shift away from dental amalgams for
restorative procedures, as amalgams contain mercury, which has become a major
cause of health and environmental concern across the world.
As
stated by the new market research report on Dental Restorative Supplies, Europe represents the
largest regional market, worldwide. Rising awareness about dental care
treatments and the escalating demand for cosmetic dentistry procedures are
fueling demand for region’s dental restoration procedures, thus aiding growth
of the restorative supplies market. Asia-Pacific is forecast to register the
fastest CAGR of 7.6% over the analysis period, mainly due to the unmet dental
needs of the vast population in developing economies. The growing awareness
about dental hygiene and dental treatments, increasing focus of patients on
early dental care as a means to prevent dental complications, rising dental
needs of an expanding geriatric population, and rapid growth in the number of
dental practices are also favoring market growth.
Major
players in the market include 3M ESPE AG, Coltène/Whaledent AG, DenMat Holdings
LLC, Dentsply Sirona Inc., DMG America LLC, GC Corporation, Ivoclar Vivadent
AG, Kerr Corporation, Kulzer GmbH, Kuraray Noritake Dental Inc., Pentron
Clinical Technologies LLC, Premier Dental, Shofu Inc., Silmet Ltd., and VOCO
GmbH, among others.
The
research report titled “Dental Restorative Supplies:
A Global Strategic Business Report” announced by Global Industry Analysts Inc.,
provides a comprehensive review
of market trends, issues, drivers, mergers, acquisitions and other strategic
industry activities of global companies. The report provides market estimates
and projections for all major geographic markets such as the US, Canada, Japan,
Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe),
Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and
Rest of Latin America) and Rest of World.
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enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
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