7 September 2018, San Francisco: According to a report
published by Grand View Research, Inc.; the reconstructive
dentistry market is anticipated to reach a valuation of USD 25.9
billion by 2025. The market is also expected to grow at a CAGR of 6.7 %
during the forecast period (from 2018 to 2025). Factors such as increasing
number of dental practices, development of digital dentistry, and growing dental
tourism can propel the market growth during the forecast period. In addition, rising
demand for cosmetic dentistry and implants due to increased focus on aesthetics
is also expected to drive the market development in coming years.
Furthermore, dental practices
are shifting from individual practices to multi-unit, group, and corporate
dental practices. These practices are performed with an aim to provide efficient
and high-quality care to patients. This is also likely to fuel the market
growth over the next few years. Technological advancements in digital dentistry
such as digital radiography, CAD/CAM systems, caries diagnosis, computer-aided
implant dentistry, and intraoral imaging is also expected to boost the market
growth.
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Research Report of Restorative Dentistry Market@: www.grandviewresearch.com/industry-analysis/restorative-dentistry-market
Worldwide restorative
dentistry market is segmented on the basis of product type, end-use, and region.
On the basis of product type, the market is categorized into restorative
materials, implants, prosthetics, and restorative equipment. In 2016,
restorative materials segment estimated for the largest market share and is
expected to show high growth even during the forecast period. This growth is
attributed to the increasing use of these materials to fabricate tooth
restorations. The dental implants segment is also likely to have a significant development
owing to high demand for enduring aesthetic restoration and increasing
awareness about its advantages.
On the basis of end-use, the
market is classified into research and teaching institutes, dental hospitals and
clinics, and dental labs. Dental hospitals and clinics segment estimated for
the largest market share in the past and is projected to continue its dominance
over the forecast period due to increasing number of dental clinics/hospitals. On
the basis of geographies, the market is divided into North America, Europe,
Asia Pacific, Latin America, and Middle East and Africa (MEA).
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The Europe region led the
global market in 2016 on account of high number of oral disease cases. The
region is projected to expand further during the forecast years due to the quick
adoption of newer, advanced technologies and products and increasing number of dental
practices & hospitals. In addition, strong presence of major companies in
Europe is also contributing toward the development of the market in this
region.
The Asia Pacific regional
market is expected to grow at the highest CAGR during the estimated period.
This growth can be associated with the growing population and increasing number
of dental practices. In addition, rising awareness among people about oral
health along with increasing geriatric population base would also fuel the
demand for restorative dentistry, thereby augmenting region’s growth.
Furthermore, increasing number
of dental colleges and hospitals is also likely to support the market growth in
this region during the forecast period. For instance, according to an NCBI
article titled, ‘The current status of dental graduates in India’ about 310
dental colleges noted in India in 2016. Additionally, growing dental tourism, particularly
in developing countries such as India and China, is also expected to boost the region’s
development in the coming years.
The introduction of
restorative equipment, as well as new restorative materials, in the market would
have a positive impact on the market demand. Some of the key players operating
in the global restorative dentistry market include Ivoclar Vivadent AG; Mitsui
Chemicals, Inc.; Dentsply Sirona; Zimmer Biomet; and Mitsui Chemicals. Most of
these market participants are mainly focusing on launching innovative products
to get an edge over each other.
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Press Release of Restorative Dentistry Market@: www.grandviewresearch.com/press-release/global-restorative-dentistry-market
For instance, Prisyna, the
oral care division of Synedgen, recently received clearances from the U.S. Food
and Drug Administration (FDA) for its Moisyn products designed for treating
xerostomia. Xerostomia is also known as dry mouth syndrome, which occurs in
case of decrease of saliva and impacts the patient’s quality of life to a great
extent. It leads to sleep disturbance, painful oral tissues, bad breath, and trouble
in chewing, speaking, and swallowing.
About
Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
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