Dublin, Aug. 14, 2024 (GLOBE NEWSWIRE) -- The "Dental Matrix Systems Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering.
The dental matrix systems market is expected to grow at a CAGR of 5.67% from US$363.861 million in 2022 to US$535.473 million in 2029.
The rising demand for restorative dentistry is expected to propel dental matrix systems market growth in the next years. The sector is also growing as a result of a rise in dental tourism in developing countries. Around the world, there has been a significant rise in technologically sophisticated dental goods and treatments. The efficacy of the services provided by the dental sector is predicted to increase as a result of these developments.
Increased restorative dentistry operations and increased public awareness of oral health
The necessity for sufficient healthcare services has grown due to the sharp rise in the frequency of oral disorders. The need for cosmetic dentistry and the rise in dental restoration procedures are the main drivers of the dental matrix systems industry.
Dental matrix systems market growth is anticipated to be fueled by rising dental tourism and the rising acceptance of digital dentistry in emerging regions. According to the National Institute of Dental Research, tooth decay is the most prevalent dental problem in both adults and children. More people are prepared to pay for expensive dental operations because disposable incomes in emerging nations have improved.
Increase in regular dental checkups
A dental appointment offers the chance to give therapeutic services that could potentially reverse illness or restore the teeth and gums after harm has been done, as well as preventative dental care to preserve current oral health fueling the dental matrix systems market growth.
Dental care is sponsored and accessible in a variety of ways, including privately, through government-run dental clinics, or the DVA (depending on eligibility). Some people who pay privately for services receive partial or full subsidies for such services. According to APRA 2022, private health insurance companies paid for 44.8 million dental services.
Rise in R&D activities
Companies operating in the dental matrix systems market are progressively spending money on research and development (R&D) projects to create cutting-edge goods and solutions as a result of the improvement in standards and technological innovation.
Along with that, governments in many countries are increasing investment in their healthcare sectors and making healthcare organizations implement improved goods and practices. Additionally, major industry players are introducing new items to the dental matrix systems market. Practitioners and anatomical scientists both contribute to the identification of anatomical variations.
Rising utilization of sectional matrix systems
The dental matrix systems industry was led by the sector for sectional dental matrix systems. This is because sectional matrix methods provide more dependable approaches to achieving contact areas. The sectional matrix is the technique that is most commonly utilized to produce a firm contact point in Class II restorations in the posterior sector utilizing composite resin.
To minimize soft tissue edoema and increase implant exposure, this sectional matrix technique is employed. As a result, the majority of dentists choose sectional dental matrix systems. Further, modern composite restorations are increasingly using sectional matrix technologies.
The market for dental matrix systems in North America is anticipated to grow rapidly.
The North American dental matrix systems market is anticipated to upsurge due to the higher compensation for dental treatment and the rising frequency of dental problems affecting both adults and children. The APAC region dental matrix systems industry is anticipated to see the highest CAGR throughout the projection period due to favourable government efforts, a sizable population, and the presence of advanced healthcare facilities in these nations.
Additionally, with the lowest rates of smoking awareness, China and India are currently the biggest manufacturers and users of tobacco which influences the dental matrix systems market growth.
Growth strategies by market players
The worldwide dental matrix systems market has both small and large producers and is quite competitive. To establish their market standard and increase their market share, these organizations have used crucial business tactics such as joint ventures, contracts, strategic alliances and collaborations, product innovation, new product launches, and the introduction of new services.
The competition between dental matrix systems industry players is growing as a result of the swift technological advancement in the field of restorative dentistry. Additionally, a lot of producers are working together to create technologically improved items and launch them more quickly in the dental industry.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 140 |
| Forecast Period | 2022 - 2029 |
| Estimated Market Value (USD) in 2022 | $363.86 Million |
| Forecasted Market Value (USD) by 2029 | $535.47 Million |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Companies Featured
- J&J Davis
- Dentsply Sirona
- Henry Schein
- Premier Dental
- Dr. Walser Dental GmbH
- Garrison Dental Solutions
- Polydentia
- Safco Dental Supply
- Trycare
- Pro-Matrix Dental
Segmentation:
By Type
- Circumferential Matrix Systems
- Sectional Matrix Systems
By Distribution Channel
- Online
- Offline
By End-Use
- Hospitals and Dental Clinics
- Dental Laboratories
- Dental Academic and Research Institutes
By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Europe
- United Kingdom
- Germany
- France
- Spain
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
For more information about this report visit https://www.researchandmarkets.com/r/gd3j45
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