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Restorative Dentistry Market Worth $7.4 Billion | MarketsandMarkets

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MarketsandMarkets

Nov 27, 2023, 10:30 ET

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CHICAGO, Nov. 27, 2023 /PRNewswire/ -- Restorative Dentistry Market in terms of revenue was estimated to be worth $5.6 billion in 2023 and is poised to reach $7.4 billion by 2028, growing at a CAGR of 5.5% from 2023 to 2028 according to a new report by MarketsandMarkets. Growth in this market can primarily be attributed to the development of technologically advanced solutions. Patient compliance has concurrently increased, with a sharp rise in the demand for cosmetic dentistry procedures. Adhesive dentistry is an area that has gained attention this uses composite materials to improve aesthetics and strengthen teeth with minimal damage to tooth structures. As a result, the number of people opting for such procedures increases.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210042423

Browse in-depth TOC on "Restorative Dentistry Market"

339 - Tables
50 - Figures
322 - Pages

Restorative Dentistry Market Scope:

Report Coverage

Details

Market Revenue in 2023

$5.6 billion

Estimated Value by 2028

$7.4 billion

Growth Rate

Poised to grow at a CAGR of 5.5%

Market Size Available for

2021–2028

Forecast Period

2023–2028

Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Product, type of cavity, End user and region

Geographies Covered

North America (US & Canada), Europe (Germany, the UK, France, Italy, Spain, and RoE), APAC (Japan, China, Australia, South Korea India, and the RoAPAC), LATAM (Brazil, Mexico, and RoLATAM), and MEA

Report Highlights

Updated financial information / product portfolio of players

Key Market Opportunities

Rising disposable incomes in developing countries

Key Market Drivers

Lifestyle Changes and unhealthy food habits

Based on the product segment, the material segment holds the major share of the restorative dentistry market in 2022.

Based on product, the restorative dentistry monitoring devices market is segmented into materials, equipments and instruments. The materials segment accounted for the largest share of the restorative dentistry in 2022. A large share of the materials segment can be attributed to the development of innovative and advanced technological products, such as composites, Glass ionomers and other bonding agents.

Based on the end user segment, the hospitals segment holds the major share of the restorative dentistry market in 2022.

Based on end user, the restorative dentistry market is segmented into dental hospitals and clinics , dental laboratories and other end users. The dental hospitals and clinics segment holds the major share of the restorative dentistry market. Growing public-private partnerships to improve access to healthcare services—along with rapid developments in healthcare infrastructure and improving access to healthcare services—are expected to be the key factors driving the growth of the restorative dentistry market for hospitals in emerging economies in the coming years.

Based on the region segment, the Asia Pacific segment accounted for the largest share of the restorative dentistry market in 2022.

The global restorative dentistry market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In 2022, Asia Pacific is the fastest growing market in the restorative dentistry market in 2022. Increase in dental tourism and high healthcare expenditure in the Asia Pacific are factors expected to drive the growth of the restorative dentistry market in the country.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=210042423

Restorative Dentistry Market Dynamics:

Drivers:

  1. Lifestyle Changes and unhealthy food habits

Restraints:

  1. Intricacies of using traditional dental composites

Opportunities:

  1. Rising disposable incomes in developing countries

Challenge:

  1. Dearth of Dental practitioners

Key Market Players of Restorative Dentistry Industry:

The major players in the restorative dentistry market include Envista Holdings Corporation (US), DENTSPLY SIRONA Inc. (US), 3M Company (US), COLTENE Group (Switzerland), Mitsui Chemicals (Japan), GC Corporation (Japan), Septodont Holding (France), Ivoclar Vivadent (Liechtenstein), VOCO GmbH (Germany), BEGO GmbH & Co. KG (Germany), DMG Chemisch-Pharmazeutische Fabrik (Germany), DiaDent (South Korea), Ultradent Products (US), Kuraray Noritake Dental (Japan), Brasseler USA (US), SHOFU INC. (Japan), SDI Limited (Australia), Zhermack SpA (Italy), DENTAURUM GmbH & Co. KG (Germany), BISCO, Inc. (US), and Dental Technologies Inc. (US).

The break-up of the profile of primary participants in the restorative dentistry market (Supply Side):

  • By Company Type: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
  • By Designation: C Level – 20%, Director Level – 35%, Others-45%
  • By Region: North America – 30%, Europe – 27%, Asia Pacific – 25%, Middle East – 10%, and Latin America – 8%

The break-up of the profile of primary participants in the restorative dentistry market (Demand Side):

  • By End User: Dental Hospital and Clinics- 47%, Dental Laboratories- 33%, DSOs and research & academic institutes -20%
  • By Designation: Doctors- 35% Diagnostic centre Lab Heads - 27%, Dental Hospital Directors & Managers-22%, Others-16%
  • By Region: North America-34%, Europe-22%, Asia Pacific-20%, Latin America-16%, Middle East & Africa-8%

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=210042423

Recent Developments:

  • In September 2023, J Morita launched its new Vera view X800 3D CBCT imaging system. This system is designed to provide dentists with high-quality 3D images of patients' teeth and jaws.
  • In May 2022, Dentsply Sirona introduced the initial version of a new line of Dentsply Sirona devices that will revolutionize digital dentistry, as well as Prime print Solution for dental offices and labs. This innovative 3D printing method makes it simple to build patient-specific and biocompatible appliances through an automated and simplified manufacturing procedure.
  • In March 2022, Envisat Holdings Corporation announced Envisat's KaVo imagining business to be re-branded as DEXIS. The DEXIS brand represents a portfolio of award-winning imaging and digital solutions, including cone-beam computed tomography (CBCT), intraoral scanners, handheld X-rays, and sensors.

Restorative Dentistry Market - Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall restorative dentistry market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report provides insights into the following pointers:

  • Analysis of key drivers (growing number of tooth repair procedures, rising demand for advanced cosmetic dental procedures, growing market for dental tourism in emerging countries, development of technologically advanced solutions, and lifestyle changes & unhealthy food habits.), restraints (intricacies of using traditional dental composites), opportunities (Growing focus on emerging markets & rising disposable income levels, Impact of DSOs on the dental industry, Increasing investments in CAD CAM technologies)), and challenges (Microleakage in composite restorations, Dearth of trained dental practitioners )
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the restorative dentistry market
  • Market Development: Comprehensive information on the lucrative emerging markets by product, by type of cavity, end user and region.
  • Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global restorative dentistry market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, competitive leadership mapping, and capabilities of leading players like Players such as 3M Company (US), COLTENE Group (Switzerland), Mitsui Chemicals (Japan), GC Corporation (Japan), Septodont Holding (France) in the global restorative dentistry market.

Related Reports:

Dental Consumables Market - Global Forecasts to 2027

Dental Equipment Market - Global Forecasts to 2027

Dental Implants and Prosthetics Market - Global Forecasts to 2027

Medical Ceramics Market - Global Forecasts to 2027

Medical Device Cleaning Market - Global Forecasts to 2027

About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/restorative-dentistry-market.asp
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