Advances in Dental Filling Technologies to Boost Growth of the Dental Caries Treatment Market

Dental Caries Treatment Market Growth
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/

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