USA: A newly published market research report by Meticulous Research® predicts a substantial growth trajectory for the dental materials market, projecting a value of $8.4 billion by the year 2030.
The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.1% from 2023 to 2030.
Diverse Dental Materials Portfolio
Dental materials constitute a wide spectrum, ranging from ceramics and metal-ceramics to resin-based composites, amalgam, glass ionomers, and dental biomaterials. These materials are pivotal in direct and indirect dental restorations, as well as the production of various dental products like implants, orthodontic products, dental prosthetics, and direct dental fillings.
According to the Report, the surging prevalence of dental ailments coupled with the rising demand for cosmetic dentistry and dental tourism is driving the expansion of the dental materials market.
Technology’s Role in Growth
The incorporation of Computer-Aided Design/Computer-Aided Manufacturing (CAD/CAM) systems in dentistry is acting as a catalyst for the dental materials market. CAD/CAM technology has found extensive applications in fabricating dental restorations, such as crowns, inlays, fixed partial dentures, and implant prostheses.
This technology’s precision and efficiency have led to a reduction in appointment numbers, while digital data storage facilitates the availability of spare dentures. This transition to digital methods offers convenience, cost-effectiveness, and high precision in dental restoration procedures, thereby encouraging its adoption.
Segmental Insights and Geographic Trends
The dental materials market is classified by type, including indirect restorative materials, direct restorative materials, dental biomaterials, impression materials, and bonding agents. In terms of end-users, the market encompasses dental products manufacturers, dental laboratories, dental clinics and hospitals, as well as academic and research institutes.
Geographically, the Asia-Pacific region is expected to lead with the highest Compound Annual Growth Rate (CAGR) during the forecast period, attributed to a rising awareness of dental health, increasing healthcare expenditure, and the flourishing dental tourism industry in the region.
Innovation and Key Players
The dental materials market’s growth is fortified by key industry players such as Institut Straumann AG (Switzerland), ZimVie Inc. (U.S.), Envista Holdings Corporation (U.S.), 3M Company (US), DENTSPLY SIRONA Inc (US), Kulzer GmbH (Germany), GC Corporation (Japan), Ultradent Products Inc. (U.S.), Ivoclar Vivadent AG (Liechtenstein), and Kuraray Co. Ltd (Japan). Their strategies of product launches, collaborations, agreements, and expansions have contributed to the dynamic evolution of the sector.
The ever-expanding dental materials market underscores the importance of advancements in oral healthcare, not only addressing dental diseases but also catering to the growing demand for aesthetic dental solutions. The global forecast highlights a promising future, marked by innovation and progress in dental materials technology.
About Meticulous Research®
Founded in 2010 and established as Meticulous Market Research Pvt. Ltd. in 2013 under the Companies Act, 1956, Meticulous Research® has emerged as a player in premium market intelligence. Over the years, the company’s presence has extended across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, solidifying their position as a leading provider in the field.
Read the Report: Dental Materials Market Global Forecast to 2030.
The information and viewpoints presented in the above news piece or article do not necessarily reflect the official stance or policy of Dental Resource Asia or the DRA Journal. While we strive to ensure the accuracy of our content, Dental Resource Asia (DRA) or DRA Journal cannot guarantee the constant correctness, comprehensiveness, or timeliness of all the information contained within this website or journal.
Please be aware that all product details, product specifications, and data on this website or journal may be modified without prior notice in order to enhance reliability, functionality, design, or for other reasons.
The content contributed by our bloggers or authors represents their personal opinions and is not intended to defame or discredit any religion, ethnic group, club, organisation, company, individual, or any entity or individual.