Dental Materials Market to be Worth $6.7 Billion by 2030

According to a new market research report titled, 'Dental Materials Market by Type (Ceramics, Metal-Ceramics, Amalgam, Resin-based Composites, Glass Ionomer, Biomaterials {Bone Grafts, Membrane}, Bonding Agents), End User (Dental Lab, Dental Manufacturer, Clinics, Research) - Global Forecast to 2030,' published by Meticulous Research®, the dental materials market is projected to reach $6.7 billion by 2030, at a CAGR of 6.1% from 2023 to 2030.

Dental materials include ceramics, polymers, composites, and natural biomaterials. These materials are used for direct and indirect dental restorations and the manufacture of various dental products, including implants, orthodontic products, dental prosthetics, and dental bonds & adhesives. The rising prevalence of dental diseases and the increasing demand for cosmetic dentistry & dental tourism drive the growth of the dental materials market.

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Growing Adoption of CAD/CAM in Dentistry to Offer Growth Opportunities for the Dental Materials Market

Computer-aided design/computer-aided manufacturing (CAD/CAM) systems are widely used in dentistry, mainly for fabricating inlays, crowns, fixed partial dentures, and implant prostheses. CAD/CAM technology has been applied to the fabrication of complete dentures, offering many advantages to dentists and patients. These technologies reduce the number of appointments and increase the availability of spare dentures as digital data is saved.

In addition, laboratory work can be completed more conveniently and cost-effectively than traditional methods. Additionally, CAD/CAM technology's high precision in dental restoration is increasing its adoption in dentistry. It is used to design and manufacture milled crowns and bridges and design fabricated abutments used in dental implants. This technology is also used in customizing dental prosthetics, such as dental crowns made of zirconium.

The adoption of this technology has been increasing in laboratories across developed countries. Technological advancements and the availability of hardware/software alternatives are accelerating the adoption of CAD/CAM systems, and even smaller dental clinics are moving ahead with the adoption. Expanding applications of CAD/CAM for dental materials other than conventionally used materials offer opportunities for the market's growth. For instance, only zirconia or alumina was previously available for machining copings, but now materials such as glass ceramics are also being used.

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The dental materials market is segmented by Type (Indirect Restorative Materials {metal-ceramics, ceramics, other indirect restorative materials}, Direct Restorative Materials {amalgam, resin-based composites, glass ionomer, and other direct restorative materials}, Dental Biomaterials {dental bone grafts, tissue regeneration materials, and membranes}, impression materials, bonding agents}), End User (dental products manufacturers, dental laboratories, dental clinics & hospitals, and academic & research institutes), and Geography. The study also evaluates industry competitors and analyzes their market shares at the global and regional levels.

Based on type, the indirect restorative materials segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing prevalence of edentulism due to the growing geriatric population, the growing awareness regarding dental treatments in developing regions, and the rising demand for dental aesthetics.

Based on end user, in 2023, the dental laboratories segment is expected to account for the largest share of the dental materials market. Factors contributing to the large market share of this segment include the high prevalence of dental diseases and the adoption of advanced technologies by dental laboratories. CAD/CAM systems and 3D printing techniques have enabled dental labs to construct restorative products such as veneers, dentures, and crowns more efficiently. These technologies also enable dental laboratories to reduce labor costs and turnaround time and provide more standardized products than conventionally used methods.

However, the dental clinics & hospitals segment is projected to register the highest CAGR during the forecast period. The growing consolidation of dental practices and the increasing adoption of advanced technologies by dental clinics drives the growth of this segment.

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Based on geography, in 2023, North America is expected to account for the largest share of the dental materials market, followed by Europe and Asia-Pacific. Furthermore, in 2023, the U.S. is expected to be the largest market in North America. North America's major market share is attributed to the region's high healthcare spending, disposable incomes, oral health awareness, and trends of aesthetic self-appearance.

However, Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of this regional market is attributed to the increasing prevalence of dental diseases, the growing awareness of dental treatments and oral health, the rising healthcare spending, and the growth of dental tourism in the region.

The report also includes an extensive assessment of the key growth strategies adopted by major market players between 2020 and 2023. The dental materials market has witnessed several product launches, collaborations, agreements, and expansions in the past few years.

Some of the key players operating in the dental materials market are Institut Straumann AG (Switzerland), Zimmer Biomet Holdings, Inc. (U.S.), Envista Holdings Corporation (U.S.), 3M Company (US), DENTSPLY SIRONA Inc (U.S.), Kulzer GmbH (Germany), Dentatus (Sweden), GC Corporation (Japan), Ultradent Products Inc. (U.S.), Ivoclar Vivadent AG (Liechtenstein), and CAMLOG Biotechnologies GmbH (Switzerland).

TOP 10 COMPANIES IN THE DENTAL MATERIALS MARKET @ https://meticulousblog.org/top-10-companies-in-the-dental-materials-market/

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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

This release was published on openPR.