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Dental Impression Material Market Size, Share, Growth & Trends 2024-2033 | Competitive Landscape
Dental Impression Material Market Size
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According to The Business Research Company's, The dental impression material market size has grown rapidly in recent years. It will grow from $0.71 billion in 2023 to $0.78 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to growing dental disorders, an increasing geriatric population, a growing interest in cosmetic dentistry, a rise in awareness about oral health, and growth in dental tourism.
The dental impression material market size is expected to see rapid growth in the next few years. It will grow to $1.18 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to rise in the prevalence of periodontal disorder, growing medical tourism, increasing disposable incomes, increased focus on aesthetic dentistry, and the growth of dental service organizations (DSOs). Major trends in the forecast period include adoption of intraoral scanners, integration with computer-aided design and computer-aided manufacturing (CAD/CAM) technology, development of advanced materials, eco-friendly and biocompatible materials, high-precision materials, cloud-based platforms, and artificial intelligence (AI).
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Market Drivers and Trends:
The increased industrialization is expected to propel the growth of the commercial robot market going forward. Industrialization involves the mechanization of production, the use of inanimate sources of energy, and the organization of labor in large scale factories and enterprises that allow for mass production and economic growth. Industrialization is on the rise owing to several factors, such as the thriving industrial revolution and the rising manufacturing sector. Commercial robots are used by businesses to replicate, assist, or replace human tasks and functions. For instance, according to reports published by the National Bureau of Statistics (NBS) of China, the bureau responsible for collection, investigation, research, and publication of statistics, the country's industrial output increased 4.6% year over year in October 2023, exceeding forecasts of a 4.4% increase. This growth was faster than the 4.5% rate observed in September 2023. Therefore, increased industrialization is driving the growth commercial robot market.
Major companies in the dental impression material market are developing innovative products, such as vinyl polysiloxane (VPS) impression material, to sustain their position in the market. Vinyl polysiloxane (VPS), also known as addition silicone, is an elastomeric impression material widely used in dentistry due to its excellent dimensional stability, accuracy, and ease of use in taking dental impressions for crowns, bridges, and other dental restorations. For instance, in June 2022, Osstem Implant, a South Korea-based medical device company, launched HySil Plus, a hydrophilic impression material for precise impression-taking. This innovative product boasts a short intra-oral setting, allowing for efficient and quick impression procedures. Its high hydrophilicity ensures accurate results even in moist environments, such as those affected by saliva or blood, enhancing the quality of impressions.
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Major Key Players of the Market:
3M Company, Henkel AG & Co. KGaA, Evonik Industries AG, Mitsui Chemicals Inc., Henry Schein Inc., Zimmer Biomet Holdings Inc, Wacker Chemie AG, Kuraray Co. Ltd., Dentsply Sirona Inc., Straumann Group, ZimVie Inc., Kerr Corporation, Ultradent Products Inc., Momentive Performance Materials Inc., BioHorizons Inc., Septodont, Coltene Holding AG, Hiossen Implant, GC America Inc., Premier Dental Products Company, Water Pik Inc., Zhermack SpA, Bicon LLC, ZEST Dental Solutions, Keystone Dental Group, Thommen Medical AG, Parkell Inc., Scott's Dental Supply
Dental Impression Material Market 2024 Key Insights:
• The dental impression material market size is expected to see rapid growth in the next few years. It will grow to $1.18 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%.
• Growing Prevalence Of Dental Disorders Growth In Dental Impression Material
• Osstem Implant Launches HySil Plus For Precise Dental Impressions
• North America was the largest region in the dental impression material market in 2023
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