Rising Geriatric Population Plays a Significant Role in Facilitating the Global Periodontal Market Growth

Inkwood Research estimates that the Global Periodontal Market is evaluated to project a CAGR of 8.69% in terms of revenue during the forecasting years of 2021-2028.

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Periodontal disease is regarded as one of the major oral health problems, across the world. Its predominance is geographically-dependent and may impact up to 90% of the total adult population. Besides, 10-15% of the affected patients have the most severe form of periodontal disease. As per the recent findings from the Centers for Disease Control and Prevention (CDC), one in two American adults, aged 30 and above experiences periodontal problems. In this regard, an estimated 47.2%, or nearly 64 million adults, have moderate, mild, or severe periodontitis, characterized as an advanced form of periodontal disease.

Increasing Geriatric Populace Accredited to Market Growth
Periodontal diseases are prevalent across both, developed and emerging economies, and affect up to 20-50% of the population, globally. The growing incidence and severity of periodontal conditions have been linked to aging, impacting a majority of individuals over the age of 50. Also, the increasing senior population, especially within the developed market, has resulted in growing numbers of dental implants and oral surgeries performed.
The market also observes a decline in manual dexterity, in addition to increased co-morbidity and medications affecting the oral cavity. Thus, dental care across elderly care facilities is challenging to proceed with, and poses significant risks such as, loss of jaw strength in order to hold other teeth.
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Hospital is the Fastest-Growing End-User
Hospitals providing dental services are the global market's key end-users, and most dental procedures are performed in both private and public-sector hospitals. Periodontal treatments in hospitals are augmenting at a faster rate, owing to the availability and affordability of periodontal care. The rapid urbanization rate across the Asia Pacific, coupled with other parts of the Middle East and Africa, has resulted in the establishment of various Tier 1 and Tier 2 public and private hospitals.

North America Held the Largest Market Share in 2020
The region's high disposable income, the growing patient awareness, and the increasing demand for cosmetic dental care, primarily fuel the market growth in North America. The expanding growth is further augmented by the improving infrastructure, the population's lifestyle changes, and favorable insurance policies. However, the high cost of dental surgery is expected to restrain the market growth in North America.
The global market is projected to observe intense competitive rivalry, owing to the strong competitive strategies employed by key players, the high firm concentration ratio, and the moderate degree of transparency. Some of the distinguished companies operating in the market are, Medtronic PLC, Bausch Health Companies Inc, 3M Company, etc.

Related Reports:
GLOBAL DENTAL IMPLANT AND PROSTHETIC MARKET
GLOBAL DENTAL CONSUMABLES MARKET
GLOBAL DENTAL IMAGING MARKET

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