Dental Restorative and Regenerative Material Market Research Report – Global Forecast Till 2023
ID: MRFR/DM/2946-CRR | November, 2017 | Region: Global | 90 pages | Cooked Research Reports
Dental Restorative And Regenerative Material Market Research Report, Type (Restorative Material (Amalgam, Resin Based Composite, Glass Ionomer, Resin Modified Glass Ionomer, Porcelain-Fused-To-Metal), Regenerative Material) - Global Forecast Till 2023
Market Scenario:
Dental materials are fabricated materials used in dentistry practices. Dental materials are of different types and they have different characteristics which is related to their intended purpose. There are two major types of dental material, namely, restorative material and regenerative material. Restorative material can resume damaged teeth’s original form and functioning while regenerative material regenerates the damaged parts of the teeth. Increasing prevalence of dental diseases and trauma majorly drives the market growth during the forecasted period. According to the Oral Health Foundation, from 2010 to 2015 approximately 20% of the children were admitted to the hospitals due to tooth decay or caries. Moreover, according to the American Society for Nutrition in 2016, 47% of the adults in the U.S. had periodontal disease. Additionally, the rising healthcare expenditure, growing dental tourism and rising geriatric population fuels the market growth. However, lack of awareness followed by high cost of products will restrain the market growth.
The global dental restorative and regenerative material market is expected to grow at a CAGR of 6.7% during forecast period.
Intended Audience
- Pharmaceutical companies
- Government and Private Laboratories
- Research and Development (R&D) Companies
- Medical Research Laboratories
- Market Research and Consulting Service Providers
Figure 1:- Global dental restorative and regenerative material market share, by region
Sources: WHO, annual reports, press release, white paper, and company presentation
Segmentation
The dental restorative and regenerative material market is segmented on the basis of types, end users, and region.
On the basis of types, the market is segmented into restorative material, regenerative material, and others. The restorative material segment is sub segmented into amalgam, resin based composite, glass ionomer, resin modified glass ionomer, porcelain, metal, porcelain-fused-to-metal, others. The regenerative material segment is sub segmented into bone graft materials, membranes, tissue regeneration products, others.
On the basis of end users, the market is segmented into dental research laboratories, dental hospitals and clinics, and others.
Regional Analysis
America dominates the dental restorative and regenerative material market owing to a well-developed healthcare sector. Apart from this, increasing number of patients, changing lifestyle and increasing healthcare expenditure have boosted the growth of the market in America. According to the American Dental Association, the U.S. national dental expenditures rose from USD 114 billion in 2014 and reached USD 117.5 billion in 2015. Moreover, the presence of developed economies like the U.S. and Canada within the region fuels the market growth.
Europe is the second largest dental restorative and regenerative material market, which is followed by Asia Pacific. Availability of huge funds for research for the growing patient population and government support for research & development will drive the market growth during the forecasted period. Moreover, easy acceptance of the new technology and high healthcare expenditures fuels the European market growth.
Asia Pacific is the fastest growing region for the market. The presence of a huge patient population and continuously developing economies like India & China which have favourable government policies and developing healthcare sector fuels the growth of the market within the region. According to the World Dental Show, the Indian dental industry is expected to reach USD 234 million by 2018 from USD 128 million in 2013. Additionally, the presence of huge opportunities in the untapped market of the region can be exploited for enhancing the market growth.
On the other hand, the Middle East & Africa has the least share in the dental restorative and regenerative material market due to presence of poor economy especially in Africa region. Majority of the market of this region is held by the Middle East due to a well-developed healthcare sector and huge healthcare expenditure.
Research Methodology
Sources: WHO, annual reports, press release, white paper, and company presentation
Key players for dental restorative and regenerative material market
The key players for the dental restorative and regenerative material market are 3M (U.S.), Biotech Dental (Europe), botiss biomaterials GmbH (Europe), Dentsply Sirona. (U.S.), Henry Schein, Inc. (U.S.), Institut Straumann AG (Europe), KaVo Kerr (U.S.), Keystone Dental, Inc. (U.S.), Zimmer Biomet (U.S.), and others.
