Highly Aware Population to Favor Dental Biomaterials Market Growth
Market Dynamics:
Market
Research Future (MRFR) says that the global Dental Biomaterials Market
could achieve a CAGR of 6.2% during the forecast period (2018-2023).
Growth Boosters and Top
Challenges:
The
World Health Organization (WHO) says that oral diseases as one of the most
expensive diseases prevalent, not only in developing countries but also in the developed
ones. The OECD 2013 analysis concludes that the treatment of oral diseases such
as dental biomaterials accounted for 5% of the total health expenditure in economically
stable countries. Dental biomaterials are advanced products within preventive
and restorative dentistry that have a high success rate in oral treatment as
well as prevention. This favorable aspect of these products is bound to create
demand for the global dental biomaterials market in the subsequent years.
The
quickly increasing number of qualified dental professionals could elevate access
to dental care. Recent statistics released by the Brazilian Institute of
Geography and Statistics (IBGE) states that the country has about 174,000
dentists, which translates to 11% of the total number in the world. Following
the implementation of the Oral Health National Policy in Brazil since 2004,
there has been a rise in population that is more aware of oral health.
Prominent Companies
·
Dentsply Sirona
·
Geistlich Pharma AG
·
Zimmer Biomet Holdings
·
3M Company
·
Straumann Holding AG
·
Carpenter Technology Corporation
·
Kuraray Co
·
Medtronic PLC
·
Henry Schein
·
GC Corporation
·
Royal DSM
Market Segmentation:
·
The global dental biomaterials market has
been segmented on the basis of type, application, and end-user.
·
Type-based segments covered by the report are
ceramic biomaterials, metallic biomaterials, metal-ceramic biomaterials, polymeric
biomaterials, and natural biomaterials. The metallic biomaterials segment has
been split into stainless steel, chromium alloys and titanium, and others.
·
Applications of dental biomaterials are prosthodontics,
implantology, orthodontics, and others.
·
The end-user segment consists of dental
laboratories, dental product manufacturers, dental academies, research
institutes, and dental hospitals and clinics.
Regional Outlook
Asia
Pacific, Middle East & Africa, the Americas and Europe are the main markets
for dental biomaterials.
The
Americas controls the major portion of the global dental biomaterials market.
The growing prevalence of caries, combined with the presence of renowned players
in the region leaves a positive impact on the market. On top of that, high
dental expenditure boosts the regional market. An article by the American
College of Prosthodontists divulged that roughly over 36 million Americans are
missing teeth and around 120 million are missing at least one tooth. These conditions
in the region help raising the demand for prosthodontics and implants, which
elevates the market position.
Europe is the second-most
profitable market for dental biomaterials market. Europe market is divided into
Eastern Europe and Western Europe. Western Europe, with a bigger share of the
market, benefits from the presence of highly developed countries and a rising number
of dental procedures. Other than this, massive government funding in the field
helps with market growth. In 2018, Oral Health Foundation had reported that
nearly 60% of adults in Northern Ireland and 61% of adults in England visited NHS
dentists on a regular basis. These numbers clearly indicate the positive market
scope for the future
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