Periodontal Therapeutic Market is Growing at a Promising CAGR of 9.2% During Forecast to 2023
Market Overview:
Periodontal continues to be one of the major causes of tooth loss and a
major oral health issue. The disease is common in both developed and developing
countries, affecting nearly 20 to 50% of the global population. Over the years,
different periodontal therapies have come up with a high degree of effectivity.
Both surgical and non-surgical treatment options available.
Global Periodontal
Therapeutic Market Insights set to witness a strong growth in the
forthcoming years. The latest study conducted by Market Research Future (MRFR)
reveals that the global periodontal therapeutic market will surge at 9.2%
CAGR during 2018 to 2023.
The onset of periodontal issues could be triggered by poor oral hygiene,
diabetes mellitus, stress, smoking and hormonal changes in females. The
incidence rate has continued to grow, which is also driving the demand for
periodontal therapeutic. As per World Health Organization (WHO), there is a
high incident rate of gingival bleeding in adults worldwide.
Meanwhile, 10 to 15% of adults are affected with deep periodontal
pockets (6 mm or more) globally. Major drivers of the global periodontal
therapeutic market include rising geriatric population and growing worldwide
healthcare spending. Nevertheless, poor level of awareness and negligence towards
oral hygiene, especially in third-world countries are among the key bottlenecks
for the market.
Competitive
Landscape
·
Align Technology Inc
·
3M-ESPE
·
Nobel Biocare Holdings AG
·
Orapharm
·
Valeant Pharmaceuticals Int
·
Mallinckrodt Pharmaceuticals
·
Teva Pharmaceutical Industries Limited
·
Ultradent Products Inc
·
Eli Lilly & Company
·
Glidewell Laboratories
·
Den-Mat Holdings
Segmental Overview
·
The segmental analysis on the global periodontal therapeutic market is
based on treatment, type and end-users.
·
By treatment, the market has bees segmented into local antibiotics and
systematic antibiotics.
·
Based on type, the market has been segmented into aggressive
periodontitis, chronic periodontitis, gingivitis and necrotizing periodontal
disease.
·
By end-user, the market has been segmented into hospitals and dental
clinics
Global Periodontal
Therapeutic Market: Regional Segmentation
A booming need for
more oral hygiene appeal in the field of periodontal treatment is being
observed worldwide. The rising awareness regarding oral hygiene and increasing
incidence of the periodontal disorder among people are factors responsible for
the growth of the market in this region.
The market in the
Americas is expected to boost the global periodontal therapeutic market owing
to technological advancement and increasing incidences of the periodontal
disorder among diabetic patients. According to recent findings from the Centers
for Disease Control and Prevention (CDC), half of Americans aged 30 or older
have periodontitis, the more advanced form of periodontal disease. This equals
approximately 64.7 million Americans. This is largely attributed to the
accessibility of an urban healthcare infrastructure. The European market is
expected to be the second-largest due to government funding and support from
the healthcare sector coupled with the rising prevalence of the periodontal
disorder. However, Asia-Pacific is projected to dominate in terms of growth
rate over the forecast period owing to rising investment towards R&D
activities and unhealthy lifestyle which are resulting in an increased
prevalence of obesity. Rising geriatric population and the increasing
prevalence of diabetes in this region have a positive influence on the
development of the periodontal therapeutic market in this region. The Middle East and Africa account for the
smallest share due to lack of medical technology and poor medical facilities.
Emerging economies such as India and China are leading to growth in demand for
periodontal therapeutic owing to increasing number of healthcare awareness
programs, government investment in healthcare and favorable healthcare
insurance coverage. National Oral Health Programmed (NOHP) was conceptualized
by the Indian Dental Association to ensure optimal oral health for all by
increasing awareness, assuring excellent service and high-quality dental care
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