PUBLISHER: The Insight Partners | PRODUCT CODE: 1871441
PUBLISHER: The Insight Partners | PRODUCT CODE: 1871441
The dental burs market in South and Central America is projected to grow from USD 14.33 million in 2023 to USD 19.88 million by 2031, reflecting a compound annual growth rate (CAGR) of 4.2% during this period.
Market Overview
Brazil and Argentina are key players in the South American dental burs market, driven by a burgeoning dental sector and a rise in medical tourism, particularly in these two countries. Government initiatives aimed at promoting oral health through awareness campaigns are also expected to enhance market growth in the coming years.
Market Segmentation
The South and Central America dental burs market can be segmented based on product types, applications, and end users:
Market Outlook
The increasing focus on aesthetics and heightened awareness of oral hygiene are significant factors driving the demand for cosmetic dental procedures. The primary goal of cosmetic dentistry is to enhance the appearance of teeth and gums, leading to a growing desire for aesthetically pleasing smiles. This trend is further fueled by rising disposable incomes, which encourage consumers to invest in cosmetic dental treatments. Many individuals are opting for veneers to improve their smiles, indicating a shift in spending priorities towards personal aesthetics. Notably, baby boomers and millennials are the main contributors to this market growth, as they recognize the importance of dental health and are willing to spend on quality dental care.
Cosmetic dentistry encompasses various procedures aimed at repairing, reshaping, and replacing old dental restorations. Dental burs play a crucial role in these procedures, allowing dentists to accurately reshape and contour teeth. They are essential for preparing teeth for veneers and crowns, enabling precise adjustments to achieve the desired size and shape. The accuracy provided by dental burs is vital in cosmetic dentistry, as they allow for meticulous work on each tooth's edges and surfaces. Additionally, dental burs are used to address imperfections such as old fillings and decay, ensuring that healthy tooth structure is preserved. The increasing popularity of cosmetic dentistry, driven by greater disposable income and a focus on aesthetics, is a key factor propelling the growth of the dental burs market.
Country Insights
The South and Central America dental burs market includes Brazil, Argentina, and other regions. Brazil accounted for the largest market share in 2023. According to the Pan American Health Organization, Brazil had over 30 million adults aged 60 and above in 2022, which constituted 13% of its population. This demographic is expected to grow to nearly 50 million by 2030, representing 24% of the population. The World Health Organization and the Brazilian Institute of Geography and Statistics predict that by 2040, the geriatric population will reach approximately 55 million. The aging population is associated with a higher prevalence of oral diseases, such as cavities and gum disease, making dental health a significant public health concern. Restorative dentistry, which includes various procedures to prepare and finish teeth for restorative materials, relies heavily on dental burs for precision and safety, helping to restore teeth to their optimal form and function.
Company Profiles
Key players in the dental burs market include Institut Straumann AG, MEDIN, a.s., Dentsply Sirona, Prima Dental, Komet Medical, Brasseler U.S.A., Inc., Shofu Inc., NTI KAHLA GMBH, Henry Schein, Acerdent Ltd, SYNDENT Tools, Kerr Corp, MANI, INC, and Diatech USA. These companies are pursuing various strategies such as market expansion, product innovation, and mergers and acquisitions to enhance their product offerings and increase market share.