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Buccal Cavity Devices Market Report 2024 - Buccal Cavity Devices Market Growth, Trends, And Forecast
Buccal Cavity Devices Market
According to The Business Research Company's, The buccal cavity devices market size has grown rapidly in recent years. It will grow from $2.1 billion in 2023 to $2.32 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to oral drug delivery advancements, treatment of chronic conditions, patient compliance and convenience, pediatric and geriatric applications, localized drug delivery.
The buccal cavity devices market size is expected to see strong growth in the next few years. It will grow to $3.33 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to expanding therapeutic applications, focus on precision medicine, rise in geriatric population, pediatric medication delivery, patient preference for non-invasive options. Major trends in the forecast period include innovations in mucoadhesive technologies, biodegradable and biocompatible materials, regulatory compliance and standardization, personalized medicine approaches, collaborations and partnerships.
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Market Drivers and Trends:
An increase in the prevalence of dental disorders is expected to propel the growth of the buccal cavity devices market. Dental disorders refer to a wide range of conditions affecting teeth, gums, jaw, and oral health. The buccal cavity devices are used in dental diseases to capture direct optical impressions and detect oral health issues in dentistry. They are essential for proper oral health and maintenance. For instance, in August 2023, according to the 2022-23 Annual Report released by the National Health Service, an England-based publicly funded healthcare system, there were 32.5 million instances of dental disorder treatments administered, representing a significant rise of 23.2% compared to the 26.4 million treatments delivered in 2021. Therefore, the increase in the prevalence of dental disorders devices drives the growth of the buccal cavity devices market.
Technological advancement is a key trend gaining popularity in the buccal cavity devices market. Major companies operating in the buccal cavity devices market are developing technologically advanced products to sustain their position in the market. For instance, in September 2022, 3Shape, a Denmark-based company engaged in digital solutions for dental specialists to digitize dentistry, launched TRIOS 5 Wireless, a new state-of-the-art intraoral scanner for dental specialists. With its all-new Scan Assist intelligent alignment technology packed in a redesigned small and hygienically optimized scanner, TRIOS 5 Wireless makes intraoral scanning smoother and faster. TRIOS 5 Wireless offers remarkable scanning simplicity. An LED ring and tactile sensory feedback assist you through scanning, making it softer and quicker. Misalignment and distortion in 3D models have been reduced thanks to Scan Assist technology.
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• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
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Major Key Players of the Market:
Carestream Health Inc.; Denstply Sirona Inc.; Denterprise International Inc.; Detection Technology plc; FONA Dental srl; Hamamatsu Corporation; Trixell SAS; Varex Imaging Corporation; Cyber Medical Imaging Inc.; The Yoshida Dental Mfg Co. Ltd.; Acteon Group Ltd.; Align Technology Inc.; Midmark Corporation; Planmeca Group; GlaxoSmithKline plc; Johnson & Johnson; Novartis AG; AstraZeneca plc; Merck & Co. Inc.; Pfizer Inc.; Eli Lilly and Company; Teva Pharmaceutical Industries Ltd.; Sanofi S.A.; 3M Company; Colgate-Palmolive Company; Procter & Gamble Co.; Cipla Ltd.; Abbott Laboratories; Bausch Health Companies Inc.; Mylan N.V.
Buccal Cavity Devices Market 2024 Key Insights:
• The buccal cavity devices market will grow to $3.33 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%.
• Rising Dental Disorder Cases Propel Growth In The Buccal Cavity Devices Market
• Technological Advancements Drive Innovation In The Buccal Cavity Devices Market
• North America was the largest region in the buccal cavity devices market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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