10/13/2023 0 Comments Restorative Dentistry Market Is Estimated To Witness High Growth Owing To Increasing Dental Disorders and Technological AdvancementsThe Restorative Dentistry Market is estimated to be valued at US$ 21.28 Bn 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.
Market Overview: Restorative dentistry involves the diagnosis and treatment of dental disorders, focusing on the restoration of teeth functionality and aesthetics. The market offers a wide range of products, including dental implants, bridges, crowns, and dentures. These products are used to replace or restore damaged or missing teeth, providing patients with improved oral health and quality of life. Restorative dentistry is gaining traction due to the rising prevalence of dental disorders and the growing geriatric population. Moreover, technological advancements, such as the development of CAD/CAM systems and digital dentistry, have improved the precision and efficiency of restorative dental procedures. Market Dynamics: The restorative dentistry market is primarily driven by the increasing prevalence of dental disorders, such as dental caries and periodontal diseases. The growing geriatric population and the rising demand for cosmetic dentistry procedures are also contributing to market growth. Furthermore, the technological advancements in restorative dental products, such as the introduction of biomaterials and 3D printing, are expected to fuel market expansion. However, high treatment costs and the limited reimbursement coverage for restorative dental procedures may hinder market growth to some extent. Nevertheless, the rising awareness about oral health and the increasing disposable income in emerging economies present significant opportunities for market players to expand their market share. Segment Analysis: The restorative dentistry market can be segmented into dental implants, dental prosthetics, and dental biomaterials. Among these segments, dental implants dominate the market due to their increasing demand and technological advancements. Dental implants are widely used as a replacement for missing teeth and offer several advantages such as improved aesthetics, stability, and durability. Moreover, the rising prevalence of dental disorders and the growing geriatric population are driving the demand for dental implants. As a result, the dental implants segment holds a significant share in the restorative dentistry market. PEST Analysis:
The Global Restorative Dentistry Market Growth is expected to witness high, exhibiting a CAGR of 6.8% over the forecast period (2023-2030) due to increasing dental disorders and the growing geriatric population. The market size is projected to reach US$ 21.28 billion by 2023. Regionally, North America dominates the restorative dentistry market due to advanced dental care infrastructure, high healthcare expenditure, and favorable reimbursement policies. However, the Asia Pacific region is expected to be the fastest-growing region, driven by rising disposable incomes, growing awareness about oral health, and increasing dental tourism in countries like India, China, and Japan. 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 are actively involved in product innovations, mergers and acquisitions, and strategic collaborations to maintain their market position and gain a competitive edge. Read More - https://www.newsstatix.com/restorative-dentistry-market-share-and-size-analysis/
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