ID: MRFR/MED/0250-HCR | January 2023 | Region: Global | 80 Pages
Dental Carpule Market Overview
The Dental Carpule Market is projected to grow at a substantial CAGR of 5.6% in the upcoming years of the forecast period. The Dental Carpule Market Value is evaluated to expand up to USD 24 Million in the studied forecast period of 2021-2028. Dental Carpules are majorly used during dental procedures. They are liquid cartridges that are cylindrical and inserted in the mouth or teeth for dental procedures. Then, they are disposed-off after every use.
The market is observed to have a great boost in future users due to significant boosters. The increasing dental and oral problems are the major factors in the growth of the Dental Carpule Market. North America is projected to hold the largest market share. On the other hand, the Asia-Pacific region will experience the fastest Dental Carpule Global Market Growth. To sum up, the market is anticipated to offer new growth opportunities in the future.
COVID-19 Analysis of Dental Carpule Market
The advent of COVID-19 disease started to spread from China in the year 2019. After that, it spread across the world with increasing positive cases. It halted the supply and production of various markets including the Dental Carpule Market. Due to labour shortage and disruption in the supply chain, market growth was hindered significantly. Countries such as the UK, US, India, Canada, Brazil, Italy, Germany, etc. faced massive economic disruption due to COVID-19. Moreover, with the development of vaccines to combat the disease, the market is estimated to experience gradual growth by the predicted forecast period.
Dental Carpule Market Dynamics
Market Drivers
The improvement in the awareness of dental problems among people is considered to be a major driver. However, the significant growth in dental tourism can also play a crucial role in boosting the Dental Carpule Market Growth in the future.
Restraints
The high costs related to the dental procedures are observed to be a crucial restraint for the Dental Carpule Market Growth. Along with that, the strict rules and regulations by the government for the approval of anaesthetic drugs will hamper the market growth in the estimated forecast period.
Opportunities
The increase in technological developments for improvement in the dental process is anticipated to offer new opportunities in the market. Also, the growing population of the older generation will simultaneously lead to an increase in dental problems. As a result, the Dental Carpule Market will have various opportunities for development in the future.
Challenges
The increasing grey market for dental anaesthetic equipment will be a major challenge. Thus, it can create confusion among users and slow down the market growth in the upcoming years.
Cumulative Analysis
The Compound Annual Growth Rate (CAGR) of the Dental Carpule global Market is projected to have a substantial reach of 5.6%. Thus, as per the Dental Carpule Market Outlook, the market value is evaluated to expand up to USD 24 Million in the studied forecast period of 2021-2028. Several opportunities and advantages dental care and increasing awareness will improve the market growth in the future.
Value Chain Analysis
With the increasing awareness and Dental Carpule Market Trends, the market value is estimated to substantially increase. Also, the improvement in dental tourism will play a significant role in the improvement in the value chain of the market. Hence, with the rising demand and advancement in technology, the value chain will simultaneously improve in the forthcoming years.
Market Segmentations
The Dental Carpule Market segments are divided into end-user, component, and material. On the basis of end-user, the market is segmented into Home Care, Dental Clinics and Hospitals, and Others.Â
On the basis of component, the Dental Carpule Market is bifurcated into Etidocaine, Lidocaine, RopiVacaine, Prilocaine, Bupivacine, Mepivacaine, Articaine, and others.
On the basis of material, the Dental Carpule Market is fragmented into Metal Carpule, Glass Carpule, and Plastic Carpule.
Regional Analysis
Based upon the region, the Dental Carpule Market Size is segmented into Asia-Pacific, Europe, North America, and Africa, and the Middle East. According to the Dental Carpule global Market Analysis by MRFR, it is estimated that North America will hold the largest share in the upcoming years. Also, the rising cases of various oral or dental problems and advanced technology are the major driver for this region. Along with that, technological advancements and the availability of significant players in Canada and the US will play a favourable role in market growth.
After that, Europe is estimated to have the second-largest Dental Carpule Industry Share. The increasing use and development of advanced technology are considered to be the important factor. Along with that, countries such as the UK, and Germany contributed to immense share in the market in previous years.
Furthermore, the Asia-Pacific region is estimated to record the fastest CAGR in the studied forecast period. Rapid technological developments and investments by companies in countries such as China and India are leading to significant growth. Also, the growing population of the older generation will further offer new opportunities for Dental Carpule Market Growth.
Competitive Landscape
The key players in the Dental Carpule Market play a major role in improving the growth in the forecast period. These key players do acquisitions, mergers, partnerships, collaborations, etc. to expand their business portfolio. Some of the key players in the Dental Carpule global Market are as follows.
Recent Developments
No recent developments were found.
Report Overview
The report overview of Dental Carpule Global Market Analysis is as follows.
Report Score and Segmentation
The report score is to provide substantial information regarding the Dental Carpule Market Forecast in the predicted forecast period of 2021-2028. This report covers crucial information such as opportunities, challenges, drivers, market value, etc. It also gives information about key players. The information provided in this report is collected from secondary and primary sources.
Segmentation
Report Attribute/Metric | Details |
---|---|
Market Size | Significant Value |
CAGR | 5.6% (2019-2025) |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Material, Component and End-User |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | GlaxoSmithKline, AstraZeneca, Gilead Sciences, Inc., Sanofi, Merck & Co., Inc., F. Hoffmann-La Roche AG, Pfizer Inc, Novartis AG, Septodont Holding, and Proficient Rx LP |
Key Market Opportunities | The presence of a constantly growing geriatric population and rapid development in dental technology. |
Key Market Drivers |
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Dental carpule market could grow with 5.6% CAGR during the forecast period.
Dental carpule market growth could be prevented by high procedural cost and grey market.
The end users included in the dental carpule market are home care, hospitals & dental clinics, and others.
The components included in the dental carpule market report are bupivacaine, lidocaine, mepivacaine, prilocaine, articaine, ropivacaine, etidocaine, and others.
The Americas would lead the dental carpule market.
Proficient Rx LP, AstraZeneca, Sanofi, Novartis AG, Merck & Co., Inc., GlaxoSmithKline, F. Hoffmann-La Roche AG, Pfizer Inc, Gilead Sciences, Inc., and Septodont Holding are prominent names in the global dental carpule market.