Market Trends of Restorative Dentistry Industry
Implant Segment is Expected to Occupy a Significant Share in the Restorative Dentistry Market
The dental implant segment is expected to witness significant growth over the forecast period owing to the factors such as the rising geriatric population along with the burden of dental diseases, the increasing number of initiatives implemented by the market players, and the increasing focus on research and development of innovative dental implants.
The older population is more prone to various dental diseases such as caries and tooth loss and hence, the increasing geriatric population across the world is expected to increase the burden of dental diseases over the forecast period, which is expected to boost the segment's growth. For instance, according to the October 2021 update of the World Health Organization, the population of people of age 60 years and more is expected to increase from 1 billion in 2020 to 2.1 billion by 2050. Thus, the increasing geriatric population is expected to play a vital role in the growth of the dental implant segment.
In addition, several companies are focusing on producing innovative dental implant devices. For instance, in January 2021, the CeramTec Group acquired Dentalpoint AG for ceramic dental implants. This acquisition will assist the company in investing in the rapidly growing future market for metal-free dental prostheses and further expand its portfolio of medical technology applications and ceramic components for joint and dental implants that will help to improve the lives of patients worldwide. Thus, the increasing geriatric population and adoption of dental implants are likely to propel the growth of the dental implants segment over the forecast period.
Therefore, the laser devices segment is expected to witness significant growth over the forecast period due to the abovementioned factors.
North America Region is Expected to Have the Significant Market Share Over the Forecast Period
The North American restorative dentistry market share is expected to increase due to the increasing incidences of dental diseases, the growing geriatric population, the presence of major players, and the growing expenditure on dental care in this region. For instance, according to the research study published in July 2021, titled 'Fluoridation cessation and children's dental caries: A 7-year follow-up evaluation of Grade 2 schoolchildren in Calgary and Edmonton, Canada', the prevalence of primary caries in Calgary was higher as compared to Edmonton and the crude deft prevalence of primary caries in Calgary was 64.8% and 55.1% in Edmonton. Similarly, according to the research study published in April 2021, titled 'Self-Reported Dental Caries by Mexican Elementary and Middle-School Schoolchildren in the Context of Socioeconomic Indicators: A National Ecological Study', tooth loss is quite common in the Mexican population, with prevalence ranging between 13.5% and 34.5%. Hence, due to the high prevalence of dental diseases in the region, the demand for restorative dentistry products is expected to increase which is anticipated to boost the market growth in the region.
Furthermore, the presence of some of the key players, as well as their increased investments and new product launches, is likely to positively impact the market. For instance, in September 2021, Dentsply Sirona, in partnership with VITA Zahnfabrik, launched CEREC MTL Zirconia, a zirconium oxide enriched with yttrium oxide, is a special color technology consisting of a multilayer color gradient, in combination with high translucency, which results in very natural esthetics without compromising on strength. This makes it an excellent choice for bridges, crowns, inlays, onlays, and veneers. Similarly, in September 2020, Ditron Dental USA started commercial operations for its dental implant portfolio. Thus, expanding key market players in the country will boost the market growth. Thus, the aforementioned factors, the restorative dentistry market in the North American region is expected to have significant growth over the forecast period.
