Dental Restorative Supplies Market Anticipated to Achieve High Revenue by 2028
Posted by Arslan on February 7th, 2019
An up-to-date research report has been disclosed by FactMR highlighting the titled “Dental Restorative Supplies Market Anticipated to Achieve High CAGR Percentages during 2018-2028” which delivers an outlook of current market value as well as the expected forecast including Rate on Investment (ROI) during 2018-2028. The report studies the dental restorative supplies market trends worldwide, especially in North America, Europe, Southeast Asia, India and Other Regions with production, size, growth, revenue, consumption, import and export in these regions.
Increasing number of dental procedures on the back of growing consumption of junk food, tobacco intake and dental trauma have fuelled the demand for dental restorative supplies. Moreover, increasing rate of dental carries are expected to drive the sales of dental restorative supplies worldwide, in turn supporting the growth of their market. According to World Health Organization (WHO), around 60 percent to 90 percent of children and more than 90 percent adults develop dental problems such as cavities every year. In addition, rising occurrences of gum diseases and their treatment are expected to pave potential avenues for manufacturers of dental restorative supplies. World Health Organization reveals that severe periodontal (gum) diseases occur in about 15 percent to 20 percent adults per year. Other dental problems such as misusing teeth that occur in around 30 percent of individuals in the age group of 65-74 years along with prevalence of dental trauma (around 16-40 percent children in the age group of 6-12 years are affected by trauma, WHO estimates) have increased the number of dental procedures worldwide, consequently pushing the growth in adoption of dental restorative supplies.
Rising dental disorders on the global front have triggered a sense of awareness among individuals driving the need for restorative dentistry. Increasing awareness quotient has largely supported the growth of the restorative dentistry space by favoring procedures such as dental implants, filling and crown implants. Rising root canal treatments are also expected to push the use of dental restorative supplies in turn driving their market’s growth. For instance, according to the American Association of Endodontists, around 15 million root canal treatments are performed every year in the United States alone.
Increasing occurrence of dental disorders such as dental carries or cavities coupled with rising dental procedures have pushed manufacturers of dental restorative supplies to develop products using advanced material. With technological advancements in the dental care sector, development and use of advanced material such as ceramic implants and glass ionomers has replaced metal amalgams. Moreover, with increasing awareness regarding toxic generated with the use of mercury amalgams is expected to confine their use in restorative dentistry. Against this backdrop, manufacturers of dental restorative supplies have introduced advanced material using biomaterials and bioengineering technique that is relatively less expensive and more effective than conventional manufacturing methods. In addition, use of technologies such as CAD/CAM have further optimized the bioengineering process.
Sales of dental restorative supplies are significantly influenced by several macroeconomic factors including but not limited to increasing healthcare spending, rising edentulous population and economic burden of oral diseases. According to the International Monetary Fund (IMF) healthcare industry accounts for about 10 percent of the world’s GDP. IMF estimates that the spending on healthcare procedures is projected to rise by 6 percent every year. Likewise, expanding edentulous population is fuelling the need for dental fixtures, in turn presenting prospective growth for the dental restorative supplies market. Demand for dental restorative supplies in indirect restoration procedures is relatively higher than direct restoration procedures. Dental restorative supplies such as veneers, inlays, artificial teeth, onlays and laminates are witnessing significant demand in the indirect restoration procedures.
Moreover, compatibility of CAD/CAM technologies in indirect restoration applications and their use for obtaining digital impressions using impression creating dental restorative supplies is expected to fuel sales of dental restorative supplies in indirect restoration procedures. However, adoption of dental restorative supplies in direct restoration applications are likely to remain at the vanguard of dominance through 2028.
Dental restorative supplies include materials that are used to restore the tooth functionality and integrity of missing structure caused by dental trauma or dental carries. Dental restorative supplies are used during direct or indirect restoration of tooth loss during decays. There are various types of dental restorative supplies used in dental procedures. Composites, adhesives and cement, accessories (drilling nails, burs and curing lights), amalgam and impression material are few of the supplies typically used.
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Joined: December 18th, 2017
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