In a recent published report, Kenneth Research has updated the market report for DENTAL BIOMATERIALS MARKET for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for DENTAL BIOMATERIALS MARKET products.
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In 2021, the global dental biomaterials market is likely to reach USD 8 billion, and it is expected to grow at a compound annual growth rate (CAGR) of ~8% from 2022 to 2030. Dental biomaterials include biocompatible synthetic materials and natural tissues, which are used to treat tooth decay, injuries, and fractures. Different types of biocompatible synthetic dental materials can be used, such as metals, polymers, ceramics, and composite structures. However, natural tissues include tooth enamel, cementum, dentin, bones, and other intraoral tissues. Dental biomaterials are used not only to replace damaged tooth tissue, but also to prevent tissue regeneration.
In recent years, a lot of research and improvement have been conducted on various biological materials used by dental professionals for dental treatment. Therefore, the introduction of various biological materials can accelerate the biological process to regenerate the loss of tooth tissue. For example, hydroxyapatite is a mineral composed of calcium ions and phosphate ions. Dentists have now added hydroxyapatite (HA) nanoparticles to dental cements and filling materials.
This hydroxyapatite helps to regenerate the loss of tooth tissue. The main factors driving market growth are the increase in implant penetration, the increase in the prevalence of dental diseases, and the increase in the elderly population. In addition, the increase in dental tourism and disposable income in developing countries will help drive market growth during the forecast period. In addition, it is expected that the recent regulatory changes related to dental biomaterials in the United States will increase the demand for dental biomaterial treatments, thereby promoting the growth of the regional market.
APPLICATION INSIGHT: In 2019, it was 42.67%. A large proportion of this market segment can be attributed to the increase in dental cases, the increase in dental tourism, and the increase in disposable income in developing countries. Implants are becoming more and more popular among patients and are considered the first choice for dental treatment.
END -USE INSIGHT: Dental laboratories held the largest market share at 42.8% in 2019. Much of this industry is due to the rise in dental care, the increasing prevalence of dental diseases, and increasing awareness of oral health. Dental academies and research institutions are expected to experience the highest CAGR of growth rate (CAGR) in the dental biomaterials market during the forecast period.
KNOWLEDGE INSIGHT: In terms of sales, the bioceramics industry dominated the market with a share of 36.18% in 2019. The main contribution of this section may be due to the proliferation of dental implants and the increasing use of bioceramics in dentistry. Biomineral materials support living tissue internally and are widely used in dental implants. Other fields include inorganic biomaterials, polymer biomaterials, natural biomaterials, mineral and ceramic biomaterials, and organic compounds.
REGIONAL INFORMATION: North America dominates the market, accounting for 35.5% of the market share in 2019, and is expected to continue to dominate throughout the forecast period. This is due to the increase in public expenditure on oral health, the increasing ageing of the population, and the increasing use of dental biomaterials to produce dental products and other implants. The increase in the number of dental hospitals and clinics is also one of the reasons for the market growth in this region. Due to the increasing incidence of dental diseases, the Asia-Pacific region is expected to have a considerable market share during the forecast period. The region is one of the most densely populated regions in the world, with the two most populous countries in the world: India and China, both of which are emerging world economic leaders.
According to the 2018 Global Burden of Disease Survey, the burden of oral diseases in the Asia-Pacific region is huge; about 3 to 6.5 out of every 10 people in the region suffer from oral diseases. With the improvement of durability, the burden of oral diseases will increase in the future. In addition, the growing medical tourism in emerging economies is also expected to drive market growth in the region. Due to the rapid growth of industries in these regions, certain regions such as the Middle East, Africa and Latin America are expected to see lucrative growth in the near future.
KEY COMPANY AND THE MARKET INSIGHT: The Market is highly competitive. The key parameter that affects this competitive nature is the rapid adoption of advanced health technology. In addition, to preserve the market share and diversify the product portfolio, the main actors are often making mergers and acquisitions along with new product releases. Some of the outstanding players in the dental biomaterials market include: Straumann Holding AggeistLick Pharma Agzimmer Biometans, Inc.Danaher CorporationDentsply Sirona, Inc.3m Companyroyal Dsmcarpenter Technology Corporationkuraray Co., Ltd.Medtronic Plchenry Schein, Inc.mitsui Chemicals, Inc .Victrex PLCIVOCLAR VIVADENT AG. GC Corporation.
MARKET SEGMENT COVERED BY THE REPORT: The report forecasts global, regional and national revenue growth, and analyzes the latest industry trends in each sub-segment from 2022-2030. For the purpose of this research, Kenneth Research has analyzed the global dental biomaterials market by type, application, end use and region: Outlook type (revenue, USD million, 2022-2030), metal b iomaterials, ceramic biomaterials, polymer biomaterials Materials Cermet Biomaterials Natural Biomaterials Composite Biomaterials . Application Prospects (Revenue, USD million, 2016) -2027) Implantology Orthodontics Prosthodontics Other. End-use perspectives (Revenue, USD million, 2016-2027) Dental clinics and hospitals Dental Product Manufacturers of Laboratory Dental Colleges and Research Institutes. “
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