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Dental Materials Market to be Worth $8.4 Billion by 2030
Meticulous Research®—a leading global market research company, published a research report titled, ‘Dental Materials Market by Type (Ceramics, Metal-Ceramics, Amalgam, Resin-based Composites, Glass Ionomer, Biomaterials {Bone Grafts, Membrane}, Bonding Agents), End User (Dental Lab, Dental Manufacturer, Clinics, Research) - Global Forecast to 2030.’According to this latest publication from Meticulous Research®, the dental materials market is projected to reach $8.4 billion by 2030, at a CAGR of 6.1% during the forecast period. The rising prevalence of dental diseases and the increasing demand for cosmetic dentistry & dental tourism are the factors driving the growth of this market.
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Dental Materials Market: Future Outlook
The dental materials market is segmented by type (Indirect Restorative Materials {metal-ceramics, ceramics, other indirect restorative materials}, direct restorative materials {amalgam, resin-based composites, glass ionomer, and other direct restorative materials}, dental biomaterials {dental bone grafts, membranes, and other dental biomaterials}, impression materials, bonding agents}), end user (dental products manufacturers, dental laboratories, dental clinics & hospitals, and academic & research institutes), and geography. The study also evaluates industry competitors and analyzes their market shares at the global and regional levels.
Based on type, in 2023, the indirect restorative materials segment is expected to account for the largest share of the dental materials market. The increasing demand for aesthetic dentistry, long-term durability, technological advancements in CAD/CAM dentistry, and increasing demand for implant dentistry.
The indirect restorative materials segment is further sub-segmented into metal-ceramics, ceramics, and other indirect restorative materials. In 2023, the metal-ceramics segment is expected to account for the largest share. The large market share of this segment is attributed to the high adoption of metal ceramics for indirect restorations, as it offers long-term durability and aesthetic appearance. For instance, metal ceramics offer high strength, toughness, and resistance to wear and corrosion. This makes them suitable for dental restorations that require high load-bearing capacity, such as dental crowns and bridges. Their ability to withstand heavy occlusal forces and resist wear & tear makes them durable and long-lasting, resulting in high clinical success rates.
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Based on end user, in 2023, the dental clinics & hospitals segment is expected to account for the largest share of the dental materials market. Factors contributing to the large market share of this segment include the high prevalence of dental diseases, the adoption of advanced technologies by dental laboratories, and the consolidation of dental clinics. Dental service organizations support dental practitioners with financial and strategic resources to expand their practices under one roof. However, DSOs’ contributions may vary generally; they reduce the administrative cost, provide marketing and superior recruiting, and help achieve higher reimbursements. Thus, doctors benefit from a DSO partnership through the resources of a large, silent partner to grow their practices better, faster, and more profitably.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, Mexico and Rest of Latin America), and the Middle East & Africa (Saudi Arabia, UAE, and Rest of Middle East & Africa).
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In 2023, North America is expected to account for the largest share of the dental materials market, followed by Europe and Asia-Pacific. Furthermore, in 2023, the U.S. is expected to be the largest market in North America. North America’s major market share is attributed to the region's high healthcare spending, disposable incomes, oral health awareness, and trends of aesthetic self-appearance.
Key Players:
The key players operating in the dental materials market are Institut Straumann AG (Switzerland), ZimVie. Inc. (U.S.), Envista Holdings Corporation (U.S.), 3M Company (US), DENTSPLY SIRONA Inc (US), Kulzer GmbH (Germany), GC Corporation (Japan), Ultradent Products Inc. (U.S.), Ivoclar Vivadent AG (Liechtenstein), and KURARAY Co. Ltd (Japan).
TOP 10 COMPANIES IN DENTAL MATERIALS MARKET >> https://meticulousblog.org/top-10-companies-in-dental-materials-market/?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-01-2024
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