Restorative Dentistry Market to Reach US$ 21.28 Billion in 2023
Market Overview:
The Global Restorative Dentistry Market
is estimated to be valued at US$ 21.28 billion in 2023 and is expected to
exhibit a CAGR of 6.8% over the forecast period 2023-2030, as highlighted in a
new report published by Coherent Market Insights. Restorative dentistry refers
to the field of dentistry that focuses on the restoration of teeth and related
oral structures. It includes various dental treatments such as dental fillings,
dental implants, dental bridges, and dental crowns. The increasing prevalence
of dental disorders and the rising geriatric population are driving the demand
for restorative dentistry products. These products provide advantages such as
improved aesthetics, enhanced functionality, and improved oral health. This, in
turn, is fueling the growth of the restorative dentistry market.
Market Key Trends:
One key trend in the restorative dentistry market is the increasing adoption of
digital dentistry technology. Digital dentistry involves the use of digital
tools and technologies such as CAD/CAM systems, 3D imaging, and digital
scanners to aid in the diagnosis, planning, and execution of dental treatments.
This technology allows for more accurate and precise dental restorations,
reduces the time and cost of treatments, and improves patient satisfaction. The
integration of digital dentistry into restorative dentistry practices is
expected to drive the market growth in the coming years. Leading players in the
restorative dentistry market, such as 3M Company, Dentsply Sirona, and Danaher
Corporation, are investing in research and development to develop innovative
digital dentistry solutions and gain a competitive edge in the market.
Restorative Dentistry Market:
Restorative dentistry is a branch of dentistry that deals with the diagnosis, prevention, and treatment of dental diseases and oral health issues. It involves procedures such as dental fillings, crowns, bridges, implants, and dentures. In the restorative dentistry market, the dominating sub-segment is dental implants.
Dental implants are titanium screws that are surgically placed into the jawbone to replace missing teeth. They provide a stable foundation for dental prostheses and offer a more permanent solution compared to traditional dentures or bridges. Dental implants are dominating the restorative dentistry market due to their growing popularity among patients and advancements in implant materials and techniques.
Key Takeaways:
The Global Restorative Dentistry Market Size is expected to witness high growth, exhibiting a CAGR of 6.8% over the forecast period (2023-2030). This growth can be attributed to the increasing prevalence of dental diseases, growing geriatric population, rising demand for cosmetic dentistry, and advancements in dental technology.
In terms of regional analysis, North America is the fastest-growing and dominating region in the restorative dentistry market. This is primarily due to the well-established healthcare infrastructure, high dental expenditure, and a large patient pool. Furthermore, the presence of key market players in this region further contributes to its dominance.
Key players operating in the restorative dentistry market include 3M Company, Dentsply Sirona, Danaher Corporation, Mitsui Chemicals, Inc., Institut Straumann AG, Septodont Holding, Ivoclar Vivadent AG, Coltene Holding AG, GC Corporation, and Zimmer Biomet Holdings, Inc., among others. These key players have a significant market share and are actively involved in research and development activities to introduce innovative products and gain a competitive edge. Their strong distribution networks and strategic collaborations also contribute to their market dominance.
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