The global dental impression materials market is estimated to garner remarkable revenue by the end of 2031 by growing at a CAGR of ~8% over the forecast period, i.e., 2022 – 2031. Further, the market generated notable revenue in the year 2021. The growth of the market is attributed to the higher prevalence of teeth damage due to cavities. Data released by the Centers for Disease Control and Prevention showed that about 52% of children aged 6 to 8 years have cavities in their baby teeth.
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Furthermore, the global dental impression materials market is projected to grow on the back of the higher prevalence of various dental diseases. Dental impression material has been divide into 3 different types that are final, occlusal (bite), and preliminary impressions. Dental impressions are made of multiple materials such as alginate, polyester, silicone, and others. Growing advancement in dental treatment is further projected to flourish the market growth over the forecast period. For instance, the value of the dental industry was anticipated to be almost USD 35 billion in 2021. Dental impression materials are utilized to make a copy of the teeth and gum structure to fabricate a dental cast by pouring specialized dental plaster. One of the most commonly used impression materials is alginate.
Indian Journal of Dental Research (IJDR) published a report showing that individuals between 0.1 to 0.3 million receive dental implants annually.
The National Library of Medicine (NLM) released a set of data revealing that 26% of people lose their permanent teeth on account of natural tooth decay by the age of 74.
A similar report published by The National Library of Medicine (NLM) stated that 69% of adults aged 35 to 44 lose at least one of their permanent teeth owing to some type of accidents
Data released by World Bank stated the number of global geriatric population to be 747,238,580 in 2021.
Permanent tooth decay is a natural phenomenon that occurs at a certain age and creates certain difficulties in the daily routine of the person. In such conditions, dental impression materials are utilized to create an alternative artificial set of teeth that are implanted in the mouth of the person. Hence, such a requirement is anticipated to foster the growth of the market over the forecast period.
The entire revenue generated by the oral care industry was projected to be approximately USD 50 billion in 2022.
The global dental impression materials market is segmented and analyzed for demand and supply by end-user into dental and forensic laboratories and hospitals, out of which, the hospitals segment is anticipated to hold the notable share in the global dental impression materials market during the forecast period on account of the better facility of equipment at a single place. Additionally, hospitals have separate departments and required laboratories along with a higher patient pool. As of 2022, the number estimated for dental labs in the USA was around 9000, in Europe, over 35,000, and in Australia, it was observed to be more than 14,000.
According to the statistics by the World Health Organization, the global per capita healthcare expenditure amounted to USD 1,064.741 in the year 2017. The worldwide healthcare expenditure per person grew from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. is the top country that amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. As of 2018, the domestic general government healthcare spending in the U.S. was USD 5355.79, which grew from USD 3515.82 in 2008. These are some of the factors responsible for market growth over the past few years. Moreover, as per the projections by the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change related to National Health Expenditures (NHE) in the U.S. was 5.2% in 2020 as compared to 2019 (4.5%). Furthermore, the National Health Expenditures are projected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. These are notable indicators that are anticipated to create lucrative business opportunities in upcoming years.
Regionally, the global dental impression materials market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. Amongst these markets, the market in the North America is projected to hold the largest market share by the end of 2031. The market in the North America region is estimated to witness noteworthy growth over the forecast period on the back of rising cases of dental diseases and an increasing geriatric population in the region. As of 2019, the population aged 65 or over in North America was estimated to be approximately 21 million. Furthermore, the younger generation of the region is also observed to require particular dental care owing to significant changes in lifestyle. Centers for Disease Control and Prevention (CDC) released a set of data in 2020 demonstrating that 63% of the population aged 18 or above visited dentists due to some dental diseases in the USA. such factors are anticipated to hike the growth of the market in the region over the forecast period.
Furthermore, the global dental impression materials market is projected to grow at a noteworthy pace in the Asia Pacific region. the growth of the market in the region is accounted to similar factors that are the rising geriatric population and increasing cases of dental diseases. A report by Asian Development Bank (ADB) showed that by 2050, there will be around 923 million people aged 65 and above in Asia Pacific. Hence, the region is projected to provide lucrative opportunities for market growth during the forecast period.
The global dental impression materials market is further classified on the basis of region as follows:
Our in-depth analysis of the global dental impression materials market includes the following segments:
FREQUENTLY ASKED QUESTIONS
Escalating prevalence of dental diseases and growing inclination toward cosmetic dentistry is estimated to majorly boost the market growth.
The market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2022 – 2031.
The need for higher initial investment is estimated to challenge the market growth.
The market in the North America region is projected to hold the largest market share by the end of 2031 and provide more business opportunities in the future.
The major players in the market are DMG Chemisch-Pharmazeutische Fabrik GmbH, Zimmer Biomet Holdings, Inc., Kerr Corporation, BioHorizons, Inc., GC America Inc., Institut Straumann AG, Dental Ventures of America, and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue-generating capacity as well as the new products being launched into the market by the company.
The market is segmented by product type, material, application, end-user and by region.
The hospital sub-segment is anticipated to garner the largest market size by the end of 2031 and display significant growth opportunities.
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