Growing number of tooth repair procedures, rising demand for advanced cosmetic dental procedures and growing dental tourism in emerging countries, are driving the growth of the restorative dentistry market.
According to research report the global restorative dentistry market size is projected to reach USD 22.2 billion by 2027 from USD 16.5 billion in 2022, at a CAGR of 6.1%.
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The market is segmented by Product (Restorative Material (Glass-ionomers, Bonding Agents, Biomaterial), Implant, Prosthetic, Equipment (Handpiece, Articulator, Furnace), End User (Hospital, Clinic, Laboratory) & Geography
On the basis of product, the restorative dentistry product market is segmented into restorative materials, implants, prosthetics materials, and restorative equipment. In 2021, the prosthetic materials segment accounted for a share of the restorative dentistry market. The rise in the edentulous population worldwide and the lower cost of dentures (as compared to implants) are driving the growth of the restorative dentistry market.
Based on application, the dental restorative materials market is segmented into conservative and endodontics, implantology, prosthodontics, and other applications. In 2021, the implantology segment accounted for the largest share of the restorative dentistry market. The large share of this segment is attributed to the rising demand for dental implants in developed countries to support market growth.
Based on end user, the dental restorative materials market is segmented into dental hospitals and clinics, dental laboratories, and other end users (including dental academic & research institutes and dental service organizations). In 2021, the dental hospitals and clinics segment accounted for the largest share of the restorative dentistry market. The large share of this segment can be attributed to the increasing number of dental clinics and hospitals worldwide, the rapid adoption of advanced technologies by small & large dental clinics and hospitals, growing dental tourism in emerging markets, and the rising number of group dental practices in developed countries.
Geographically, Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. In 2021, Europe accounted for the largest share of the restorative dentistry market, followed by North America. The growing geriatric population, increasing government expenditure on oral healthcare, and the growing number of group dental practices are the key factors driving the growth of the restorative dentistry Industry in Europe.
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Key players in the dental restorative market are Envista Holdings Corporation (US), Institut Straumann AG (Switzerland), Dentsply Sirona (US), 3M Company (US), Zimmer Biomet Holding Inc. (US), COLTENE Group (Switzerland), Mitsui Chemicals (Japan), GC Corporation (Japan), Septodont Holding (France), Ivoclar Vivadent (Liechtenstein), VOCO GmbH (Germany), BEGO GmbH & Co. KG (Germany).
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