Restorative dentistry refers to treatments used to
repair damaged or diseased teeth. It involves procedures such as fillings,
crowns, bridges, and teeth whitening. The demand for restorative dentistry has
been rising owing to the increasing consciousness about oral health and
esthetics. Additionally, the growing geriatric population who are more prone to
dental diseases has been boosting the market. Technologies utilizing resin
composites/fillings, new materials, non-invasive techniques are driving the
market growth. The Global Restorative Dentistry Market is estimated to be
valued at US$ 26.17 Mn in 2024 and is expected to exhibit a
CAGR of 6.7% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Restorative
Dentistry Market Demand are Alpek S.A.B de C.V., RTP Company, BASF SE,
The Dow Chemicals Company, Jiangsu Sanfangxiang Group, Indorama Ventures,
M&G Chemicals, Nan Ya Plastics Corporation, Far Eastern New Century, and
Quadrant AG. The rising cases of dental caries, periodontal diseases are
creating scope for various restorative materials such as composites, bonding
agents, cements. This in turn is creating ample opportunities for existing as
well as new market players. The key market players are investing heavily in
R&D to develop innovative and advanced products to gain a competitive edge
in the market over other players.
The growing awareness about oral hygiene, rising per capita healthcare
expenditure, and technological advancements are prompting market players to
expand their geographic footprint in high potential markets. Market leaders are
focusing on strengthening their distribution networks in developing economies
of Asia Pacific and Latin America which are expected to grow at a higher rate
owing to rapidly improving healthcare infrastructure and increasing disposable
income in these regions.
Market Drivers and Restrain
One of the major drivers for the restorative dentistry market is the rising
inclination towards cosmetic dentistry. With increasing urbanization and
economic development, people are seeking aesthetically appealing dental
restorations and treatments. This has boosted minimally invasive procedures and
advanced materials used for fillings, crowns, veneers, and tooth whitening.
However, high costs associated with restorative dental procedures and materials
act as a major restraint. Dental insurance coverage is limited for cosmetic
restorations which makes them unaffordable for a large proportion of the
population globally. Additionally, the dental professionals require special
expertise and training to perform advanced restorative procedures which adds to
the overall treatment costs. This hinders the access of restorative dentistry
especially in developing regions with a low per capita income.
Segment Analysis
This market is dominated by implants and prosthetics segment currently
capturing nearly 50% of the total market share. The dominance can be attributed
to rising dental disorders prevalence requiring tooth replacement procedures.
Within implants, dental bridges are most commonly used to restore missing teeth
functionality. Dental crowns procedure volume is also significant for improving
aesthetics and repairing teeth damage. Bonding agents are another vital
sub-segment because they are critical for affixing prosthetics and fillings on
teeth.
Global Analysis
North America dominates the restorative dentistry market currently accounting
for over 35% revenue share. Rising awareness regarding oral health and dental
healthcare insurance coverage in countries like the US and Canada have boosted
market growth. The regional market is expected to maintain lead throughout the
forecast period. Europe is another major region owing to increasing geriatric
population suffering dental issues. Asia Pacific is projected as the fastest
growing market anticipated to expand at around 8% CAGR during the assessment
time frame. Factors such as growing disposable incomes, medical tourism, and
proliferating dental clinics especially in China and India will drive the
region upcoming years.
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