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| Dental Caries Treatment Market Growth |
The global Dental Caries Treatment Market is estimated to be valued at US$ 6921.73 Mn in 2023 and is expected
to exhibit a CAGR of 4.8% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market Overview:
Dental caries or cavities are caused by degradation of tooth enamel by acids
made by bacteria in the mouth. Early dental caries are treated with nonsurgical
methods like dental fillings while advance caries often require root canal
treatment or tooth extraction. Dental caries treatment involves restoration of
teeth damaged by caries through methods like dental amalgam or composite resin
fillings, crowns, dental bridges or dental implants. Regular dental checkups
and fluoride treatments help prevent new dental caries.
Market key trends:
Technological advancements are playing a key role in improving dental caries
treatment outcomes. Materials for dental fillings have evolved from metallic
alloys to tooth-colored and longer lasting composite resins. Advent of new
composite resins has increased aesthetic appeal and longevity of dental
restorations. CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing)
technology is enabling faster and more precise fabrication of dental
restorations. Development of new biomaterials like glass ionomers and
resin-modified glass ionomers has expanded treatment options for small
cavities. Increased awareness about oral healthcare and rising disposable
incomes in developing countries are expected to drive the demand for advanced
dental caries treatment over the forecast period.
Porter's Analysis
Threat of new entrants: The growing Dental
Caries Treatment Market Growth and technological advancements in dental
procedures presents high opportunities, however high research and development
costs poses as a barrier.
Bargaining power of buyers: The bargaining power of buyers is moderate as the
availability of alternative treatment options provides leverage to buyers,
however specialized skills restricts easy availability of alternatives.
Bargaining power of suppliers: The presence of several raw material suppliers
and technology providers in the market restricts the bargaining power of
suppliers in the dental caries treatment industry.
Threat of new substitutes: New low-cost alternatives and home-based dental care
presents a minor threat, but effectiveness and long term impact restricts its
use as substitute for conventional dental caries treatments.
Competitive rivalry: Presence of large global players and a few regional
mid-sized companies contribute to high competitive rivalry in the market.
Key Takeaways
The global dental caries treatment market is expected to witness high growth,
exhibiting CAGR of 4.8% over the
forecast period, due to increasing dental issues owing to changing lifestyle
and food habits.
Regional analysis: North America dominated the dental caries treatment market
in 2023, owing to growing awareness about oral hygiene and availability of
advanced dental technology in the region. However, Asia Pacific is anticipated
to witness fastest growth during the forecast period, due to rising disposable
income, increasing medical tourism and growing focus of key players.
Key players: Key players operating in the dental caries treatment market are
Morita Corporation, Alpha Dent Implants Ltd., Shofu Dental Corporation, Coltene
Group, 3M Company, Institut Straumann AG, Zimmer Biomet, Dentsply Sirona Inc.,
DiaDent Group International, and Essential Dental Systems Inc., among others.
These players are focusing on new product launches and partnerships to
strengthen their market position.
Read More: https://www.trendingwebwire.com/dental-caries-treatment-market-analysis/