The global “dental materials market” size is projected to reach USD 8.06 billion by the end of 2027. Recent technological advancements have emerged in favour of market growth. According to a report published by Fortune Business Insights, titled “Dental Materials Market Size, Share & Industry Analysis, By Type (Metallic Biomaterials, Ceramic Biomaterials, Polymers, Natural Biomaterials, and Others), By Application (Implant, Prosthetics, and Orthodontics), By End User (Dental Product Manufacturers, Dental Laboratories, and Others), and Regional Forecast, 2020-2027,” the market was worth USD 5.40 billion in 2019 and will exhibit a CAGR of 5.2% during the forecast period, 2020-2027.
Request a Sample Copy of the Research Report
As Dental Procedures have not been Included in Essential Surgeries, Covid-19 Pandemic to have an Adverse Impact on the Market
The recent coronavirus outbreak has had an adverse impact on several industries across the world. The rapid spread of the disease has forced government to focus more on essential services and delay scheduled surgical procedures that are not completely essential to the human body. As a result, procedures such as fixations and normal dental treatments have not been included in the essential services. This factor will have a negative impact on the growth of the overall market in the coming years. Dental materials are products associated with dental procedures, including surgical devices as well as implant products. The increasing number of dental surgeries, owing to rising hygiene habits will emerge in favour of the growth of the overall market in the coming years.
Technological advances have played a huge part in market growth. Additionally, the use of advances materials for dental implants and prosthetics will create several growth opportunities for the companies operating in the dental materials market. Increasing geriatric population, coupled with favourable health reimbursement policies will lead to a wider product adoption across the world. Additionally, the rising awareness regarding the risks associated with improper dental hygiene will aid the growth of the overall market in the coming years.
Click here to get the short-term and long-term impact of COVID-19 on this Market.
North America Likely to Emerge Dominant; Rising Prevalence of Dental Disorders Will Aid Growth
The report analyses the latest market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years. The increasing prevalence of dental disorders in this region will create several growth opportunities for the companies in this market. Additionally, the increasing awareness regarding the importance of dental hygiene and regular dental check-ups will have a positive impact on the growth of the regional market. As of 2019, the market in North America was worth USD 2.12 billion and this value will rise considerably in the coming years, owing to the massive investments in technological intervention.
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune – 411045, Maharashtra, India.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245