Market Research Report
Restorative Dentistry Market by Product (Restorative Material (Composite, Amalgam, Ceramic, Adhesive, Biomaterial), Prosthetic, Equipment (CAD/CAM, Handpiece, Articulator, Furnace) End User (Hospital, Dental Clinic, Laboratory) - Global Forecast to 2022
|Published by||MarketsandMarkets||Product code||558534|
|Published||Content info||236 Pages
Delivery time: 1-2 business days
|Restorative Dentistry Market by Product (Restorative Material (Composite, Amalgam, Ceramic, Adhesive, Biomaterial), Prosthetic, Equipment (CAD/CAM, Handpiece, Articulator, Furnace) End User (Hospital, Dental Clinic, Laboratory) - Global Forecast to 2022|
|Published: September 21, 2017||Content info: 236 Pages||
The global restorative dentistry market is projected to reach USD 21.27 billion by 2022 from USD 15.60 billion in 2017, at a CAGR of 6.4% during the forecast period. Increase in the prevalence of dental diseases (dental caries and edentulism), rising demand for advanced cosmetic dental procedures, growing dental tourism, and increasing dental expenditure are the major factors driving the demand for restorative dentistry. However, limited reimbursement for dental care may hinder the growth of this market to a certain extent. Furthermore, pricing pressure faced by prominent market players presents a major challenge for the growth of the global restorative dentistry market.
By indirect restorative materials, the global restorative dentistry market is segmented into metal ceramic, ceramic, and other indirect restorative materials. The ceramic segment is expected to register the highest CAGR during the forecast period owing to its greater adoption, high durability, strength, and long-lasting aesthetics of CAD/CAM ceramics.
On the basis of equipment, the restorative dentistry market is segmented into CAD/CAM systems, handpieces, rotary instruments, light curing equipment, casting devices, mixing devices, furnaces, and articulating equipment. In 2016, the CAD/CAM systems segment accounted for the major share of the global restorative dentistry market. This is primarily due to the increasing use of digital manufacturing processes in dentistry and growing demand for fabricating or customizing restoration models.
On the basis of end user, the restorative dentistry market is segmented into hospitals & clinics, dental schools & research institutes, and dental laboratories. The hospitals & clinics segment accounted for the major share of the global restorative dentistry market and is expected to register the highest CAGR during the forecast period. The large share of this end-user segment is attributed to the growing demand for cosmetic dentistry and increasing number of people opting for various dental restorative procedures.
Geographically, the global restorative dentistry market is broadly segmented into five major geographies, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa. In 2016, Europe commanded a major share of the global restorative dentistry market. However, Asia Pacific is expected to witness the highest growth during the forecast period. Growth in this market is driven by a number of factors, such as rising geriatric population, growing dental tourism in major Asian markets, increasing focus of prominent players on emerging Asian countries, increasing healthcare expenditure (coupled with the rising disposable income), rising awareness on oral healthcare, and increasing willingness of people to spend more on dental care to maintain dental aesthetics.
Break of primary participants was as mentioned below:
Some of the prominent players in the restorative dentistry devices market include DENTSPLY SIRONA Inc. (US), Danaher Corporation (US), 3M Company (US), Zimmer Biomet Holdings, Inc. (US), Ultradent Products, Inc. (US), GC Corporation (Japan), Institut Straumann (Switzerland), Mitsui Chemicals, Inc. (Japan), Septodont Holding (France), Ivoclar Vivadent AG (Liechtenstein), and VOCO GmbH (Germany).
The report analyzes the various types of dental materials and equipment in the market and their adoption patterns. It aims at estimating the market size and future growth potential of the restorative dentistry market for different segments such as indirect restorative material, equipment, prosthetic type, and region. The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and market strategies.
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms in garnering a greater market share. Firms purchasing the report could use any one or combination of the below-mentioned five strategies for strengthening their market position.
The report provides insights on the following pointers:
*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key relationships might not be captured in case of unlisted companies.