Global Dental Amalgam Market Projected To Grow Radiantly By 2023; Asserts MRFR Unleashing Industry Forecast

Global Dental Amalgam Market Projected To Grow Radiantly By 2023; Asserts MRFR Unleashing Industry Forecast

Global Dental Amalgam Market- Overview

Dental amalgam are alloys consisting of liquid mercury and metal alloy of copper, zinc, silver, gold etc. which are used to fill cavities caused by tooth decay. There has been advancements in materials such as use of high-copper alloys which has higher strength, less corrosion, and minimal sensitivity to effects when placed in tooth cavity. Another development has been the replacement of zinc with the amalgam alloys.

The market drivers for dental amalgam include rising cases of tooth decay caused by rise of risk factors such as high sugar diets, fast foods, sedentary lifestyles etc. The development of high quality corrosion resistant and stronger amalgams with better aesthetic qualities is also driving the market. The market restraints are development of broad spectrum antibacterial toothpastes and mouth washes, better hygiene standards etc.

Global dental amalgam market, on the basis of region, is divided into North America, Europe, Asia Pacific and Middle East, and Africa. Where, North America accounted for the largest market share. The reasons for the dominance of North America is the high per capita income, the faster uptake of new technology, growing awareness etc. However, the growth of the market in North America is extremely low due to strong competition from other materials with better aesthetics such as glass, ceramics, resins etc. While Asia Pacific region is one of the fastest growing region in this market which is led by China and India are growing faster. Leading countries of the developing world such as Japan, Australia, China and India will command a lion’s share for the market for dental amalgam in the Asia Pacific regions. The presence of large populations with unmet needs is the strongest driver of growth in these markets. Thus there is larger potential to grow in the developing regions due to less competition. The growing number of dental clinics is the strongest factor responsible for the growth of the Asia Pacific market. The falling prices of dental amalgams and the huge numbers of poor patients with unmet needs will lead to dominance of these regions in dental amalgam market in near future.

Considering all these factors the market for dental amalgam is expected to reach $ 500 million by the end of 2023, this market is projected to growing at a CAGR of ~ 5 % during 2017-2023. According to a recent study report published by the Market Research Future, the global dental amalgam market is expected to gain eminence over the forecast period. The market is forecasted to demonstrate a steady growth by 2023, surpassing its previous growth records in terms of value with a constant CAGR during the anticipated period (2017 – 2023).

Global Dental Amalgam Market - Competitive Analysis

DMP DENTAL INDUSTRY S.A. (Greece), Patterson dental (U.S.), Nanjing FoiNoe Co., Ltd. (China), AT&M Biomaterials Co., Ltd. (China), BOME (Czech Republic), Kerr Corporation (U.S.), Benco Dental Supply Company (U.S.), Henry Schein, Inc. (U.S.) and others are some of the prominent players at the forefront of competition in the Global Dental Amalgam Market and are profiled in MRFR Analysis. 

The market for dental amalgam is characterised by the presence of several well-established and small players, the global market of dental amalgam appears to be highly competitive and fragmented. Major players are increasingly expanding their footprint in the emerging nations, making it putting pressure on the regional players, especially in terms of features such as type, product portfolios, and pricing. The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. There has been concerns about the potential toxicity of mercury and rare events of allergic reactions. Another product development has been the greater use of noble metals such as silver, gold etc. in the amalgams. Admixed particles alloys have dominated the other segments by particle shape such as lath cut particles and spherical particles so as to combine the benefits of both. Although binary alloy and ternary alloy lead the segment of alloy metals, the quaternary alloy amalgams is the fastest growing market. The dental amalgams are facing strong competition from other dental restoration materials such as resins, ceramic materials etc. and the market may witness slower growth especially in the developed markets

In October 2015, Kerr Corporation, has signed a partnership with Dental Recycling North America, Kerr demonstrates commitment to environmental responsibility regarding dental materials. It will serve as the premier document for dental offices throughout the country to comply with the new EPA rule on amalgam recycling as well as a range of best management practices for the dental profession.

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