Dental Materials Market Forecasts to 2030 - Global Analysis By Product Type, Application, End User and By Geography

According to Stratistics MRC, the Global Dental Materials Market is accounted for $4.9 billion in 2023 and is expected to reach $8.8 billion by 2030 growing at a CAGR of 8.7% during the forecast period. Dental goods are made with specific materials called dental materials. Based on their qualities, a variety of materials, including metal alloys, ceramics, polymers, composites, and biomaterials, are employed in a variety of applications, including dental prostheses, and orthodontics. Dental materials come in a wide variety of forms, and depending on what they are used for, they have distinct properties. Dental materials are used in a variety of treatments, including the removal of plaque, the treatment of cavities, aesthetic procedures, the restoration of teeth, and implants.

According to the American Association of Oral and Maxillofacial Surgeons, roughly 69% of individuals between the ages of 35 and 44 experience the loss of at least one permanent tooth each year as a result of decay, gum disease, or trauma.

Market Dynamics:

Driver:

Increasing awareness

Due to the influence of social media and effective brand promotion, people are becoming more and more aware of oral and dental hygiene. Due to an increase in dental caries instances and the following increase in tooth restoration procedures, the burden of a number of dental disorders, including dental cavities, edentulism, and other periodontal diseases, has grown tremendously. As a result, the industry is expanding due to the desire for better dental care.

Restraint:

Challenges associated with composite materials

Multiple materials are combined to form composite materials. However, physical harm can cause composite materials, which are used to enhance the appearance of teeth, to wear out very quickly. Compared to other fillers, composite compounds are more expensive. When a material is toughened, it shrinks, which may cause more deterioration and temperature sensitivity. Therefore, these are the issues impeding the market's growth.

Opportunity:

Growth in dental tourism

Dental tourism is growing rapidly due to the increasing demand for cosmetic dentistry and lower costs of dental procedures in developing countries. The low cost of dental procedures is a major factor in the expansion of medical tourism, which is primarily seen in low-to middle-income nations. As a result, it is anticipated that the rise in dental tourism in developing nations will boost demand for dental services and procedures as well as dental supplies.

Threat:

High price associated with dental treatment

Pricing pressure is one of the major problems facing the top rivals in the dental consumables sector since lower product prices have an impact on the production expenses that businesses must pay. Internationally renowned large corporations exist. However, it can be very challenging to enter the local market. This is as a result of domestic markets having cheaper prices than international markets, which is impeding market expansion.

COVID-19 Impact:

Numerous dental associations around the world advised dental offices to postpone elective treatments and only carry out emergency procedures in reaction to COVID-19. The epidemic forced widespread temporary closures of dental offices around the world, with the exception of those needed for urgent procedures. As dental offices reopen, dental associations advise improved safety, sanitation, and social segregation practises. Furthermore, additional temporary closures of dental offices may result from the pandemic getting worse or from the effects of new viral strains.

The indirect restorative materials segment is expected to be the largest during the forecast period:

The indirect restorative materials segment is estimated to have a lucrative growth, due to the rising prevalence of periodontal diseases and dental caries. Due to the rising senior population, edentulism is becoming more common, which is what is causing this market segment to develop. In developed nations, there is a high level of knowledge regarding oral health, and the emphasis on dental aesthetics is growing, which also contributes to this segment's sizable market share.

The dental clinics segment is expected to have the highest CAGR during the forecast period:

The dental clinics segment is anticipated to witness the fastest CAGR growth during the forecast period, due to increasing prevalence of dental diseases, rising technological developments in dentistry. Patients prefer to have their dental ailments diagnosed and treated at dental clinics and hospitals over other types of medical facilities. The significant market share of this category is attributed to patients' strong preference for dental clinics when receiving dental treatments & procedures.

Region with Largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the increasing prevalence of dental diseases, the growing awareness of dental treatments and oral health, the rising healthcare spending, and the growth of dental tourism. The expansion of the healthcare infrastructure, the vast population affected by oral problems, and the rise of medical tourism are the factors propelling the market growth in the region.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to rise in government expenditure on oral health. The presence of a well-established dental healthcare system and a rising elderly population are to blame for this. The high dental expenditure, awareness regarding oral care, presence of skilled dentists, and high adoption of advanced medical technologies are the factors driving the growth of the market in the region.

Key players in the market

Some of the key players profiled in the Dental Materials Market include Keystone Industries, 3M Company, BISCO Inc., Coltene Holding AG, Patterson Companies, Inc., Henry Schein Inc., Mitsui Chemicals, Inc., Danaher Corporation, Kuraray Noritake Dental Inc., Septodont Holding, Voco GmbH, DiaDent Group International, Ultradent Products Inc., SHOFU Dental Corporation, Premier Dental Products Company, GC Corporation, Ivoclar Vivadent AG, Dentsply Sirona Inc., FKG Dentaire SA and Kulzer GmbH.

Key Developments:

In May 2023, 3M today announced it has entered into agreements to sell certain assets associated with its dental local anesthetic portfolio, based in Seefeld, Germany, to Pierrel S.p.A. ("Pierrel"), a global provider of services for the pharmaceutical industry, for a purchase price of $70 million, subject to closing and other adjustments.

In February 2023, BISCO, Inc. and Endomimetics™ announces a research collaboration agreement to Support Development of a Dental Application of Bionanomatrix™.

Product Types Covered:

• Direct Restorative Materials
• Indirect Restorative Materials
• Dental Biomaterials
• Bonding Agents
• Impression Materials
• Other Product Types

Applications Covered:

• Prosthetics
• Orthodontics
• Implant
• Other Applications

End Users Covered:

• Dental Clinics
• Dental Hospitals
• Academic & Research Institutes
• Dental Laboratories
• Ambulatory Surgery Centers
• Dental Products Manufacturers
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances