July 21, 2024
Restorative Dentistry Market

Restorative Dentistry Market to Reach US$ 21.28 Billion by 2023

Market Overview:

The global restorative dentistry market is estimated to be valued at US$ 21.28 billion in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023-2030, according to a new report published by Coherent Market Insights.

Restorative dentistry involves the diagnosis, prevention, and treatment of oral diseases by restoring oral health and aesthetics. It includes dental implants, dental bridges, dental crowns, dentures, and dental fillings. The demand for restorative dentistry products is driven by the rising prevalence of dental disorders, increasing geriatric population, and growing awareness about oral health. Restorative dentistry products provide long-term solutions for tooth loss and damage, helping individuals regain their oral functionality and maintain an attractive smile.

Market Key Trends:

One of the key trends in the restorative dentistry market is the growing adoption of dental implants. Dental implants are prosthetic teeth that are surgically placed into the jawbone to replace missing teeth. The rising prevalence of tooth loss and the increasing demand for aesthetically pleasing tooth replacement options are driving the demand for dental implants. They offer several advantages over traditional dentures and bridges, such as improved comfort, better durability, and enhanced oral functionality. Furthermore, technological advancements in implant designs and materials are improving the success rates and aesthetics of dental implants, further fueling their adoption. With the increasing focus on dental aesthetics and the growing elderly population, the demand for dental implants is expected to continue to rise in the coming years.

Segment Analysis:

The restorative dentistry market can be segmented based on product type, end user, and geography. In terms of product type, the market can be divided into dental implants, dental prosthetics, biomaterials, and endodontics. Among these segments, dental implants dominate the market due to their ability to provide a long-lasting solution for missing teeth. Dental implants offer several advantages such as improved aesthetic appearance, enhanced stability, and decreased bone loss. Furthermore, technological advancements in implant materials such as zirconia and titanium have further boosted the demand for dental implants.

In terms of end users, the restorative dentistry market caters to dental clinics, hospitals, and dental academic and research institutes. Among these, dental clinics dominate the market due to the high patient footfall and convenience of availing restorative dentistry services. Dental clinics also provide various treatment options in restorative dentistry, ranging from routine dental restorations to complex procedures such as dental implants.

Key Takeaways:

The Global Restorative Dentistry Market Growth is expected to witness high, exhibiting a CAGR of 6.8% over the forecast period of 2023-2030. This growth can be attributed to several factors. Firstly, the increasing prevalence of dental diseases and disorders, such as tooth decay, dental caries, and periodontal diseases, is driving the demand for restorative dentistry procedures. Additionally, the rising geriatric population, who are more prone to dental problems, further fuels the market growth.

Regionally, North America is expected to be the fastest-growing and dominating region in the restorative dentistry market. This can be attributed to the high awareness about oral health and the presence of top players in the region. The Asia Pacific region is also anticipated to witness significant growth, driven by the increasing disposable income of individuals and the growing adoption of advanced dental technologies.

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 players focus on new product launches, partnerships, and acquisitions to strengthen their market position and cater to the growing demand for restorative dentistry procedures.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it