Revenue from Sales of Dental Cements Market To Increase Exponentially During 2022 - 2031 : Fact.MR

Permanent cements are projected to remain the product of choice, pipping temporary cements by 20% in 2020. The sales of permanent cements are expected to witness an exponential rise during the forecast period, as these offer high quality and long-term restoration of inlays, crowns, orthodontic bands, and bridges over temporary cements. Also, the expanding base of licensed dentists would make dental care more accessible to patients, in turn, improving the sales performance of dental cements.

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However, stringent scrutiny of products by central authorities extends approval times, and, in turn, significantly increases developmental capital for players in the dental cements market. This, in tandem with already high production costs of dental implants, would negatively impact the growth pace of the dental cements market during the forecast period (2020-2025). On the back of these influences, a recent study published by Fact.MR finds that, the dental cements market holds the potential to record a value tantamount to US$ 1.2 Bn by 2025.

Dental Cements Market - Assessment of Key Segments

Authors of the report have segmented the dental cements market into four key categories, based on product, material, end user, and region. An in-depth analysis into the dental cements market can be obtained through the assessment of key market segments.

Each of these segments provide information regarding the incremental opportunities in the dental cements market during the forecast period (2020-2025). Key segments in the dental cements market include:

Product
Temporary Cements
Permanent Cements

Glass Ionomers
Traditional Glass Ionomers
Metal Modified Glass Ionomers
Light Cure Glass Ionomers
Hybrid or Resin-modified Glass Ionomers

Zinc Oxide Eugenol
Zinc Phosphate
Polycarboxylate
Composite Resins
Others

End User
Hospitals
Dental Clinics
Dental Ambulatory Surgical Centres
Dental Academic and Research Institutes

Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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Key Takeaways of Dental Cements Market Study

Preference of end users for glass ionomers would increase during the forecast period, on the back of favourable characteristics such as biocompatibility, adhesiveness, and fluoride releasing capabilities. High sales prospects of glass ionomers can be attributable to major increase in the demand for hybrid or resin modifies ionomers.

Consumer inclination towards aesthetic dentistry for fixing discoloration, gaps, and cavities inadvertently creates a highly conducive environment for the growth of the dental cements market. The demand for aesthetic dentistry continues to gain impetus to dental clinics; however, patients are highly reliant on hospitals for primary and emergency dental care.

Quality dental care at relatively low prices in Asia Pacific as compared to North America and Europe is resulting in the emergence of dental tourism in the region, positioning it as a high growth market.

Rapidly rising local manufacturing base with relatively low operational cost in developing countries pressurises leading players to adopt cost-effective strategies, which is projected to bring relaxations to high costs of dental cements, to some extent.

Dental Clinics to Remain Key End User in North America Dental Cements Market

High developmental costs of dental cements directly pass onto the final product, turning dental procedures cost-intensive. To encourage patients to avail proper dental care, governments in North America offer favourable reimbursement plans. As per data found by the Canadian Dental Association, more than 60% of the total population in Canada has dental insurance. Besides, the high frequency of government-sponsored oral health programs and campaigns, in turn, is widening the patient base for the diagnostics of their dental health.

From 2020 to 2025, the study projects around 28% rise in the sales of dental cements in hospitals, while dental clinics are projected to witness around 29% increase in the adoption rate of dental cements. Patients have been relying on hospitals as primary care centres, which is likely to continue during the forecast period.

However, clinics are turning into viable care centres for patients, on account of their relatively better service time, especially in North America. While hospitals are likely to cater to emergency and critical dental cases, the demand for aesthetic dental procedures would expand the functional area of dental clinics in the region.

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Strategic Acquisition to Remain Default Move to Tap Untapped Dental Cements Markets

The dental cements market is characterised by consolidation, with global players accounting for nearly 50% of the total share. To further strengthen their position, these players resort to the acquisition of local and regional players to tap new dental cements market opportunities. A leading player-3M-strives to increase investments in developing countries such as Brazil, Mexico, China, Turkey, Panama, Poland, and the ones in Southeast Asia through distribution partnerships.

Another player-Danaher Corporation-focuses on the acquisition of prominent players to expand its application scope. For instance, the acquisition of Nobel Biocare Holding AG was aimed at strengthening the company's position in the dental equipment and consumables market. Besides this, the company is set to commit to a long-term engagement with China, rather than merely focus on sales opportunities, as China is proving to be a lucrative market.

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