Albany – NY, Jan. 05, 2018 (GLOBE NEWSWIRE) -- As per a study by Transparency Market Research (TMR), the global restorative dentistry market is estimated to witness moderate growth, registering CAGR of 4.9% during 2017-2026. By the end of 2026, the global restorative dentistry market is also expected to reach US$ 2,260.1 million revenue.
In the recent years, there has been a technological revolution in dentistry. Dentistry is constantly developing with the introduction of new products and new dentistry restorative techniques. Individuals are also spending more on more on high-quality restorative procedures due to the increasing awareness about dental aesthetics. New restorative materials are being used to restore functionality, morphology, and integrity of the damaged and missing tooth. Restorative dentists are using various devices such as crowns, bridges, onlays and inlays to restore teeth and its proper functioning. Dental amalgam is also emerging as one of the widely used restorative dentistry material in various regions. Manufacturers are also focusing on producing new products that can help in conducting minimally invasive dental procedures. Compared to older technologies such as amalgam or gold, composite resins are being used on a large scale in various restorations including veneers and bonding.
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However, the high cost of dental restoration and lack of reimbursement for dental care are some of the factors hampering the growth of the restorative dentistry market. Growth in the aging population in various countries is leading to the increasing demand for restorative dentistry as it helps in restoring tooth function, allowing the person to speak and eat naturally, and also prevent other teeth from misaligning.
The global restorative dentistry market is divided into end users, material type and region. End users are further segmented into research laboratories, dental clinics, and hospitals. Research laboratories are expected to be the largest users.
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On the basis of material type, the segment is further divided into restorative equipment, prosthetics, implants, indirect restorative materials, direct restorative materials. Direct restorative materials are expected to witness the highest growth than other material types.
North America to be the Largest Region in the Global Restorative Dentistry Market
North America is expected to be the largest region in the global restorative dentistry market during the forecast period. The factors contributing to the growth of the region are rising prevalence of dental diseases, increase in aging population, and the rise in demand for advanced dental procedures. Also, availability of dental insurance coverage and the federal healthcare reform that is likely to provide better access to dental care are driving the market growth in the region. The restorative dentistry market is also witnessing growth due to the increase in a number of hospitals, laboratories, and dental clinics. Technologically advanced procedures are also being adopted in the region to provide better dental care.
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Some of the key players currently active in the global restorative dentistry market are Coltene Holding AG, Septodont Holding, Voco GmbH, Ultradent Products, Inc., Zimmer Biomet Holdings, Inc, GC Corporation, Institut Straumann AG, Mitsui Chemicals, Inc., Ivoclar Vivadent AG, 3M Company, Danaher Corporation, and Dentsply Sirona Inc.
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