Market Research Report
Mineral Trioxide Aggregate (MTA) Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Gray, White); Application (Retrograde Filling, Perforation Repair, Apexification, Vital Pulp Therapy, Others), and Geography
|Published by||The Insight Partners||Product code||935352|
|Published||Content info||142 Pages
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|Mineral Trioxide Aggregate (MTA) Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Gray, White); Application (Retrograde Filling, Perforation Repair, Apexification, Vital Pulp Therapy, Others), and Geography|
|Published: April 29, 2020||Content info: 142 Pages||
The mineral trioxide aggregate (MTA) market is expected to reach US$ 70,150.0 thousand in 2027 from US$ 45,600.0 thousand in 2019. The market is estimated to grow with a CAGR of 5.7% from 2020 to 2027.
Increasing prevalence of dental diseases and growing dental industry are the driving factors for the growth of the mineral trioxide aggregate (MTA) market. However, challenges in endodontic and dental health are likely to obstruct the growth of the mineral trioxide aggregate (MTA) market during the forecast period.
The dental industry is expected to grow in coming years owing to the major factors, such as rising number of dental visits, increasing number of dentists, and growing national dental expenditure. As per CDC, in 2017, around 84.9% of the children aged 2-17 years, 64.0% of the adults aged 18-64 years, and 65.6% of the adults aged 65 years and more visited a dentist at least once a year in the US. Similarly, in 2017, 58.2% of the children and 56.1% of adults in the UK consulted dentist regularly.
Rising number of dentists is also contributing to the growth of dental industry. As per American Dental Association, in 2019, there were 200,419 dentists working in the US dentistry sector, which accounts for 61.1 dentists working in dentistry per 100,000 US populations. Similarly, Asia Pacific region accounts quarter of the total number of the dentists across the globe. India, Japan, China, and the Philippines hold 80% of the dentists in the Asia Pacific region. In 2016, there were about 197,734 dentists in India which was the highest number of dentists across the globe. Thus, the growing dental industry is expected to drive the mineral trioxide aggregate (MTA) market during the forecast period.
The global mineral trioxide aggregate (MTA) market is segmented by type, and application. Based on type, the mineral trioxide aggregate (MTA) market is segmented into white and gray. The white segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period. Based on application, the mineral trioxide aggregate (MTA) market has been segmented into retrograde filling, perforation repair, apexification, vital pulp therapy, and others. The perforation repair segment held the largest share of the market in 2019; moreover the retrograde filling segment is estimated to register the highest CAGR in the market during the forecast period.
American Dental Association, World Health Organization (WHO), Centers For Disease Control and Prevention, Canadian Dental Association, Federation Dentaire Internationale, and Community Dental Health Services are some of the essential secondary sources included in the report.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the mineral trioxide aggregate (MTA) market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global mineral trioxide aggregate (MTA) market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.