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Dental Bone Fixation Kits Global Market Report Competitive And Growth Analysis 2033
Dental Bone Fixation Kits Global Market Report 2024
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According to The Business Research Company's, The dental bone fixation kits market size has grown strongly in recent years. It will grow from $1.79 billion in 2023 to $1.94 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to the increasing prevalence of dental disorders, the aging population, growing awareness, demand for aesthetic dentistry, and rising demand for dental implants.
The dental bone fixation kits market size is expected to see strong growth in the next few years. It will grow to $2.72 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to growth in dental tourism, growing demand for cosmetic dentistry, rising disposable income, the growing number of dental clinics, and adoption of minimally invasive procedures. Major trends in the forecast period include technological advancements, regulatory approvals, reimbursement policies, emerging markets, and environmental sustainability.
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Market Drivers and Trends:
The increasing prevalence of dental disorders is expected to propel the growth of the dental bone fixation kits market going forward. Dental disorders refer to a wide range of conditions that affect the teeth, gums, and other parts of the mouth. They can vary in severity from mild discomfort to serious health issues and may lead to tooth loss, gum damage, or systemic health problems if left untreated. Dental disorders are rising due to several reasons, including poor oral hygiene, dietary habits, lack of awareness, and limited access to dental care. Dental bone fixation kits are used to stabilize and support fractured or compromised dental structures, facilitating proper healing and restoration. For instance, in August 2023, according to the 2022-23 Annual Report released by the National Health Service, a UK-based publicly funded healthcare system, NHS dentists saw 16.4 million adults, while 5.6 million children were treated in the 12 months up to June 30, 2022. Additionally, 26.4 million courses of treatment were provided in 2021-22, marking a 120.0% increase from the previous year. Therefore, the increasing prevalence of dental disorders is driving the growth of the dental bone fixation kits market.
Major companies operating in the dental bone fixation kits market are adopting a strategic partnership approach to expand their product offerings and enhance their market reach. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in July 2022, Envista Holdings Corporation, a US-based medical equipment manufacturing company, partnered with Dentalcorp, a Canada-based healthcare company. This partnership aims to advance dental care by utilizing Envista's state-of-the-art dental technologies and products, providing Dentalcorp with access to superior equipment and resources to enhance patient care.
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Major Key Players of the Market:
3M Company, Medtronic plc, Stryker Corporation, Dentsply Sirona Inc., Straumann Holding AG, Nobel Biocare Services AG, Karl Leibinger Medizintechnik GmbH & Co. KG, BioHorizons Inc., Hiossen Inc., Salvin Dental Specialties Inc., Osteogenics Biomedical Inc., Impladent Ltd., NovaBone Products LLC, S.K. Surgicals, Avtec Dental LLC, DoWell Dental Products Inc., DSI Dental Solutions Ltd., Global Dental Transfer GmbH, KB Dental Products LLC, Oraltec Ltd., Sabra Dental Products Inc.
Dental Bone Fixation Kits Market 2024 Key Insights:
• The dental bone fixation kits market size is expected to see strong growth in the next few years. It will grow to $2.72 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%.
• Dental Disorders Propel Growth Of The Dental Bone Fixation Kits Market
• Strategic Partnerships Driving Innovation In The Dental Bone Fixation Kits Market
• North America was the largest region in the dental bone fixation kits market in 2023
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