Dental Restoration Market Research, 2031
The dental restoration market size was valued at $1.4 billion in 2021, and is projected to reach $2.5 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031.
Dental restoration is a treatment designed to restore the aesthetics and function of a damaged tooth. Dental restoration techniques rely heavily on precious metals, and in particular on gold, for the filling of cavities and the construction of orthodontic appliances, crowns, bridges, and partials. There are two types of dental restoration such as direct restoration and indirect restoration. A direct restoration typically uses composite resin or a glass ionomer. Both of these materials are safe for humans and have a good appearance. They are available in tooth color, and giving them a natural appearance in the mouth. Moreover, an indirect restoration can occur in a dental lab which has specialized equipment. These types of restorations are made with ceramic or porcelain.
The dental restoration market growth is majorly driven by rise in prevalence of dental disorders such as dental caries and development of new dental restorative materials by large number of key players. For instance, according to the World Health Organization (WHO), in 2020, approximately 2.3 billion people were diagnosed with caries of permanent teeth across the globe. In addition, insufficient fluoride is the primary risk factor for dental caries. Other risk factors for dental caries include, lifestyle modifications, behavioral qualities, dietary habits, socioeconomic standing, and socio-demographic attributes. Thus, changes in lifestyle lead to increase in tooth caries, which in turn drives up the demand for restoration in dental procedures, which is expected to boost the market expansion.
Furthermore, the Global Burden of Disease, in 2020, reported that around 2.4 billion people globally were affected with dental caries. In addition, the increased need for routine dental exams makes it easier to identify diseases like tooth decay and damaged tooth tissue. It results in increase in the need for crowns, root canals, and fillings and fuels the growth of the dental restoration market. In addition, the market for dental restorative materials is expected to develop due to increase in dental clinics and the number of experts performing dental procedures.
In addition, rise in disposable income among the population of developing nations and increase in dental R&D activities, both contribute to the market's expansion. Furthermore, increase in number of product approvals is expected to provide remunerative opportunities for the expansion of the global dental restoration market during the forecast period. In addition, increase in healthcare expenditure by government led to boost the market growth. For instance, according to the Centers for Medicare & Medicaid Services, the U.S. healthcare spending grew by 9.7% from 2019 to 2020, reaching $4.1 trillion ($12,530 per person). Similarly, as per the Office for National Statistics, total healthcare expenditure in UK accounted for 12.8% of the gross domestic product (GDP) in 2020, as compared to 10.2% in 2019. Furthermore, it has been estimated that approximately 30% of the healthcare expenditure is used in upgrading the healthcare infrastructure, especially medical equipment and material used at public health centers, such as hospitals.
The dental restoration market size is segmented into Material and End User. On the basis of material, it is divided into dental amalgams, resin-based composites, glass ionomers, dental ceramics, and others. By end user, the market is bifurcated into hospitals, dental clinics, and others.
Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
Segment Review
Depending on material, the dental amalgam segment dominated the market in 2021, and this trend is expected to continue during the forecast period, owing to increase in R&D activities related to dental restoration, and rise in demand for dental amalgam to treat dental disorders. However, the resin-based composites segment is expected to witness considerable growth during the forecast period, owing to rise in demand for resin-based composites for the treatment of pediatrics, increase in number of key players for development of dental restoration materials.
By end user, the dental clinics segment was the major contributor in 2021, and is expected to maintain its lead during the forecast period, owing to increase in number of patients suffer from dental disorders such as dental caries, and tooth decay, and increase in demand for the effective treatment. However, the hospital segment is expected to witness considerable growth during the forecast period due to increase in number of hospitals.
North America garnered the major dental restoration market Share in 2021, and is expected to continue to dominate during the forecast period, owing to rise in prevalence of dental caries, presence of key players, development of the healthcare sector, adequate reimbursement policies, and presence of skilled dental professionals in the region. However, Asia-Pacific is expected to register the highest CAGR during dental restoration market forecast, owing to increase in development of healthcare infrastructure, large base of population suffering from dental disorders and rise in medical tourism.
The key players that operate in the dental restoration industry include 3M, Coltene Holding, Den-Mat Holding, Dentsply Sirona, DMG Chemish-Pharmaceutische Fabrik GmbH, GC India Dental, Danaher Corporation, Kuraray Co., Ltd, SHOFU Dental GmbH, and VOCO GmbH.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global dental restoration market analysis from 2021 to 2031 to identify the prevailing global dental restoration market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the global dental restoration market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global global dental restoration market trends, key players, market segments, application areas, and market growth strategies.
Dental Restoration Market Report Highlights
Aspects | Details |
Market Size By 2031 | USD 2.5 billion |
Growth Rate | CAGR of 6.1% |
Forecast period | 2021 - 2031 |
Report Pages | 214 |
By Material |
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By End User |
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By Region |
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Key Market Players | DMG Chemisch-Pharmazeutische Fabrik GmbH, GC India Dental , Coltene Holding, SHOFU Dental GmbH, Dentsply Sirona Inc., Den-mat Holdings, 3M, Kerr Corporation, VOCO GmbH, KURARAY CO., LTD. |
Analyst Review
This section provides opinions of top level CXOs in the dental restoration market. According to CXOs, dental restoration is a procedure that heavily relies on precious metals such as gold, for filling of cavities and construction of orthodontic appliances such as crowns and bridges.
As per CXOs, the dental industry is undertaking rapid and exceptional measures to bring more innovative products for patients and has opened new approaches in the dental industry. For instance, in April 2019, 3M Company has launched 3M Filtek Universal Restorative solution, which offers modernized approach to anterior and posterior restorations with simple shading process and advanced technology to provide strong and aesthetic results. Thus, increase in number of innovative product launches drive growth of the dental restoration market.
CXOs further added that dental amalgam segment held the largest share in the market, owing to rise in usage of dental amalgams to treat dental disorders drives growth of the market. Moreover, North America is expected to offer lucrative opportunities to the market during the forecast period, owing to rise in geriatric population in the region led to increase in the number of cases of dental disorders. Thus, rise in demand for dental restoration across the region. However, Asia-Pacific registered the fastest growth rate during the forecast period, owing to developments in healthcare infrastructure, rise in disposable incomes, and emerging domestic companies in the region.
3M, Dentsply Sirona, Kuraray Co., Ltd, and Coltene Holding are the top companies in Global Dental Restoration market
Among materials, dental amalgams is the leading segment of Global Dental Restoration Market in 2021
North America is the largest regional market for Global Dental Restoration
In 2021, the estimated industry size of Global Dental Restoration was US$ 1,386.8 Million
2022-2031 is considered as the forecast period in Global Dental Restoration Market
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