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Surge In Dental Tourism Fuels Market Growth: Key Driver Transforming the Periodontal Industry in 2024
The periodontal report describes and explains the periodontal market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and the major economies within each region.The global periodontal market reached a value of nearly $10.55 billion in 2023, having grown at a compound annual growth rate (CAGR) of 5.71% since 2018. The market is expected to grow from $10.55 billion in 2023 to $17.13 billion in 2028 at a rate of 10.19%. The market is then expected to grow at a CAGR of 10.78% from 2028 and reach $28.59 billion in 2033.
What strategies are being adopted by key players in the periodontal market?
The key players in the market are adopting extensive strategies in the periodontal market such as:
• Develop expertise through innovative training and knowledge-sharing
• Enhance operations with advanced technologies and data tools
• Strengthen business via strategic partnerships in healthcare
• Advance periodontal treatments with next-gen therapies
• Collaborate for breakthrough products and services
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To take advantage of opportunities, The Business Research Company suggests that periodontal companies enhance offerings:
• Build strategic partnerships to drive dental innovation
• Integrate Giomer technology for improved zirconia restorations
• Focus on non-surgical solutions for oral mucosa regeneration
• Advance devices with radical sterilization for periodontal disease
What Is Periodontal: Market Overview?
The periodontal market refers to the range of products and services designed to diagnose, treat and manage periodontal disease, which affects the gums and supporting structures of the teeth. Periodontal diseases are commonly prevalent dental conditions that range from mild gum inflammation (gingivitis) to more severe issues, such as periodontitis, which can result in tooth loss if untreated.
Support and maintenance in the periodontal market include instrument sterilization protocols, repair services and continuous professional education on new techniques and equipment. Dental clinics and hospitals ensure the functionality and longevity of their instruments by adhering to strict sterilization practices and seeking regular maintenance services. Additionally, manufacturers offer warranties and training on the proper use of advanced surgical instruments and implant technology, ensuring that dental professionals can offer the highest standard of care.
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Who Are The Major Companies Operating In The Global Periodontal Market?
The top ten competitors in the market made up to 40.0% of the total market in 2023. Henry Schein, Inc. was the largest competitor with a 9.29% share of the market, followed by:
• the Aspen Group.
• Dentsply Sirona Inc.
• 3M Company.
• Straumann Group.
• Envista Holdings Corp.
• Patterson Companies, Inc.
• Bausch Health Company Inc.
• Planmeca.
• Osstem Implant Co Ltd.
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