Global Restorative Dentistry Market By Type (Posterior v/s Anterior), By Restoration Type (Direct v/s Indirect), By Product (Restorative Materials, Prosthetics, Implants, Restorative Equipment, Others), By End User (Dental Hospitals & Clinics, Dental Laboratories, Others), By Region, Competition Forecast and Opportunities, 2027
Global restorative dentistry market stood at USD15,560.27 Million in 2021 and is expected to grow at a CAGR of 8.06% during the forecast period. This can be ascribed to the growing awareness about dental hygiene and a rise in dental practices as well as dentists. Moreover, development of advanced technology such as Computer Aided Design and Manufacturing (CAD/CAM) software solutions and an increase in consumerism and disposable income of patients are likely to drive the worldwide restorative dentistry market in the next five years. Furthermore, the market's expansion is being aided by an increase in group and corporate dental practices around the globe. One of the primary reasons expected to drive the worldwide restorative dentistry market in the next five years will be the rise in number of tooth repair procedures and a boost in medical tourism in Asia-Pacific and Latin American countries.
Rising Demand for Implants
The demand for dental implants is predicted to surge as the number of people suffering from tooth problems worldwide rises. Increased prevalence of unhealthy habits, such as regular eating of junk food and lack of exercise, may result in periodontal illnesses, which can lead to tooth decay and dental caries. The loss of aesthetic touch and poor nutrition are both caused by changes in facial shape caused by missing teeth. As a result, the demand for restorative dentistry has increased. Patients prefer dental implants because of improved outcomes, such as the natural appearance of their teeth. Restorative dentistry is in high demand among both the elderly and the general public.
Increased Prevalence of Plaque and Periodontal Diseases leads to Tooth Decay Across the Globe
Plaque and periodontal disease can majorly contribute to tooth loss. Plaque grows on the surface of a tooth, converting the free sugars (all sugars added to foods by the cook or consumer, plus sugars found naturally in honey, syrups, and fruit juices) in foods and drinks into acids that gradually damage the tooth. Caries, discomfort, and even tooth loss and infection can result from a high intake of free sugars, insufficient fluoride exposure, and a lack of plaque clearance by brushing the teeth.
The tissues that surround and support the tooth are affected by periodontal disease. Gums that bleed or swell (gingivitis), discomfort, and poor breath are all symptoms of the condition. The gum can pull away from the tooth and supporting bone in more severe cases. Therefore, these can have a major impact on global restorative dentistry market.
Growing Dental Tourism Around the World
The number of medical travelers has increased dramatically in the previous decade as a result of the significant financial benefits. The main reason that medical tourists travel to Hungary, India, and other nations is due of dynamic pricing discrepancies in dental procedures and implants.
In recent years, the significant gap in treatment costs around the globe has spurred the expansion of the dental tourism industry. To obtain the best of both worlds, tourists frequently combine dental treatments with vacations. In some cases, a patient's complete cost of care, including treatment, travel, and lodging, is less than the total cost of care in their home country. This can be a significant factor driving the global restorative dentistry market.
Increasing Dental Expenditure
Dental illnesses are among the most common and persistent in the world and dental expenditures make up the third largest share of total health spending in the European Union. In many nations, out-of-pocket payments account for a significant number of dental expenditures. Future increase in dental expenditures could mean a significant increase in unmet dental requirements among less affluent people, in addition to increased financial hardship. As a result, dental spending is particularly crucial to the United Nations (UN) and World Health Organization (WHO) goals of universal health coverage. This can again drive the global restorative dentistry market considerably.
Market Segmentation
The global restorative dentistry market is segmented based on type, restoration type, product, and end user. Based on type, the market can be split into anterior and posterior. Based on restoration type, the market can be divided into direct and indirect. Based on product, the market can be separated into restorative materials, prosthetics, implants, restorative equipment and others. Based on end user, the market can be segmented into dental hospitals & clinics, dental laboratories and others. Regionally, North America dominated the market in 2021, with United States being the largest market. United States restorative dentistry market stood at USD4141.99 million in 2021 on account of huge dental expenditure and high awareness amongst patients toward their dental hygiene as well as their appearance.
Company Profiles
Institut Straumann AG, Envista Holdings Corporation (Danaher Corporation), DENTSPLY Sirona, Inc., Zimmer Biomet Holdings, Inc., 3M Company, Coltene Holding AG, Henry Schein, Inc., Ultradent Products, Inc., Ivoclar Vivadent AG, and Zhermack SpA are among the major market players operating in the global restorative dentistry market.
Report Scope:
In this report, the global restorative dentistry market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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