Market Research Report
North America Periodontal Market Forecast 2021-2028
|Published by||Inkwood Research||Product code||985557|
|Published||Content info||207 Pages
Delivery time: 2-3 business days
|North America Periodontal Market Forecast 2021-2028|
|Published: February 1, 2021||Content info: 207 Pages||
The North America periodontal market is expected to grow with a CAGR of 8.53%, during the forecast years of 2021 to 2028. The region's market growth is facilitated by key drivers, such as, favorable insurance policies, lifestyle changes among the population, and infrastructural improvements.
The North America periodontal market growth is assessed by studying Canada and the United States. Periodontal disease is among the most common dental problems experienced by Canada's adult population. As per the Canadian Dental Association, nearly 11% of the country's population is affected by severe periodontal diseases. Moreover, Canada also ranks sixth, in terms of the disease's incidence. In 2015, the country's total expenditure on dental services accounted for an estimated $13.6 billion, and this figure is predicted to increase over the upcoming years. The private-sector spending in Canada was projected at over $12 billion, with public-sector expenditures equating to $846 million.
On the other hand, according to the Canadian Academy of Periodontology, diabetic patients are more vulnerable to periodontal disease, and often need more oral care. Private health insurance also plays a vital role in providing dental health care across Canada. Moreover, according to research, periodontitis can be linked with the development of cardiovascular diseases, as well. For instance, it has been indicated that inflammatory proteins and bacteria within the periodontal tissue enter the bloodstream, thereby impacting the cardiovascular system. Hence, these factors are set to fuel Canada's periodontal market growth, during the forecast period.
Some of the leading companies operating in the region's market include, 3M Company, Apteryx, Bausch Health Companies Inc, etc.