The global dental biomaterials market, valued at US$8.6 billion in 2022, is expected to witness substantial growth, reaching a projected size of US$15.8 billion by 2030.
This growth is projected to occur at a compounded annual growth rate (CAGR) of 7.9% during the analysis period from 2022 to 2030.
Noteworthy Segments: Ceramic and Metallic
Among the segments analysed in the report, ceramic is expected to experience significant growth, with a projected CAGR of 7.5%. By the end of the analysis period, the ceramic segment is estimated to reach US$5.5 billion.
Additionally, the metallic segment is anticipated to grow at a revised CAGR of 7.6% for the next eight years, considering the ongoing post-pandemic recovery.
China and US Global Market Leaders
The United States holds a prominent position in the dental biomaterials market, with an estimated value of US$2.3 billion in 2022.
However, China, the world’s second-largest economy, is projected to witness substantial growth, reaching a market size of US$3.5 billion by 2030. The Chinese market is anticipated to trail a remarkable CAGR of 11.7% during the period from 2022 to 2030.
Several other geographic markets also show promising growth prospects. Japan and Canada are both expected to grow, with forecasted CAGRs of 4.6% and 7.1%, respectively, over the period from 2022 to 2030.
Within Europe, Germany is projected to witness growth at an approximate CAGR of 5.2%.
Key Competitors in the Market
The dental biomaterials market features a competitive landscape with several leading players. Some of the notable companies include 3M Company, Bego Medical GmbH, Cam Bioceramics B.V., Carpenter Technology Corporation, Danaher Corporation, Datum Dental Ltd., Dentsply Sirona, Inc., GC Corporation, Geistlich Pharma AG, Henry Schein, Inc., Ivoclar Vivadent AG, Keystone Dental, Inc., Kuraray Co., Ltd., Medtronic PLC, Mitsui Chemicals, Inc., Royal DSM, Straumann Holding AG, Victrex PLC, and Zimmer Biomet Holdings, Inc.
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