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The global dental restorative and regenerative material market is expected to grow at a CAGR of 6.7% during forecast period.
The report titled “Dental Restorative and Regenerative Material Market -Forecast to 2023″ is a direct appreciation by Market Research Future of the market potential of the Dental Restorative and Regenerative Material Market. The report intends to provide accurate and meaningful insights, both quantitative as well as qualitative. It can be said with high confidence level, that this report will satisfy the need for comprehensive insights needed to compete and beat other players in today’s winner takes all market!
The treatment procedures of various medical-dental conditions like caries and periodontal disease involves the application of dental restorative and regenerative materials. Increasing prevalence of such diseases along with the rising dental healthcare expenditure mainly drives the market growth during the forecasted period. According to the Oral Health Foundation, from 2010 to 2015 approximately 20% of the children were admitted to the hospitals due to tooth decay or caries. Moreover, According to the American Dental Association, the U.S. national dental expenditures rose from USD 114 billion in 2014 and reached USD 117.5 billion in 2015 which facilitated the market growth within the region. Additionally, growing geriatric population fuels the market growth. However, lack of awareness and high cost of products will restrain the market growth during the forecasted period.
The key players for the dental restorative and regenerative material market are 3M (U.S.), Biotech Dental (Europe), botiss biomaterials GmbH (Europe), Dentsply Sirona. (U.S.), Henry Schein, Inc. (U.S.), Institut Straumann AG (Europe), KaVo Kerr (U.S.), Keystone Dental, Inc. (U.S.), Zimmer Biomet (U.S.), and others.
The dental restorative and regenerative material market is segmented on the basis of types, end users, and region.
On the basis of types, the market is segmented into restorative material and regenerative material, and others. The restorative material segment is sub segmented into amalgam, resin based composite, glass ionomer, resin modified glass ionomer, porcelain, metal, porcelain-fused-to-metal, others. The regenerative material segment is sub segmented into bone graft materials, membranes, tissue regeneration products, others.
On the basis of end users, the market is segmented into dental research laboratories, dental hospitals and clinics, and others.
The Americas dominate the dental restorative and regenerative material market owing to a well-developed healthcare sector. Moreover, increasing number of patients along with rising healthcare expenditure and growing geriatric population within the region have boosted the growth of the market in the Americas.
Europe is the second largest dental restorative and regenerative material market. Availability of huge funds for research for the growing patient population, and government support for research & development will drive the market. Moreover, presence of developed economies like the U.K and France within the region within the region fuels the market.
Asia Pacific is the fastest growing region for the market. The presence of a huge patient population and continuously developing economies like India & China within the Asia Pacific region fuels the market growth. Additionally, the region witnessed an increase in the dental healthcare expenditure which boosted the market. According to the World Dental Show, the Indian dental industry is expected to reach USD 234 million by 2018 from USD 128 million in 2013. Additionally, the presence of huge opportunities in the untapped market of the region can be exploited for enhancing the market growth.
On the other hand, the Middle East & Africa has the least share in the dental restorative and regenerative material market due to the presence of poor economies especially in the Africa region. Moreover, low per capita income and stringent government policies restrains the market growth in the African region. Majority of the market of this region is held by the Middle East due to a well-developed healthcare sector and huge healthcare expenditure by the economies like Saudi Arabia and Kuwait.
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