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Global tooth regeneration addressable market is expected to be pegged at an astounding 4,633.3 million dental implant procedures by 2024

07-05-2017 06:19 PM CET | Health & Medicine

Press release from: CMI - Biotechnology Industry

Global tooth regeneration addressable market is expected to be

Tooth regeneration market has been abuzz for a while with various new developments reported, commercialization of which is expected to transform whole dental industry. Though the development in tooth regeneration has been on upward growth trajectory since 1980s, it gained momentum post-2013. Many research institutes are focusing on conducting studies to understand the feasibility of tooth regeneration. While Asia Pacific is expected to dominate the addressable market, North America and Europe are expected to witness early launch of tooth regeneration products in near future. Asia Pacific market is expected to expand at the fastest CAGR, followed by Latin America and Middle East, respectively over the forecast period (2016-2024).

With changing dental industry landscape, companies are emphasizing on product innovation in order to sustain and expand their business reach worldwide. Tooth regeneration is one such disruptive technology wherein early entrants are expected to capture major share of the dental market. Moreover, commercialization of tooth regeneration will lead to slowdown in the dental implant and equipment landscape. As such, tooth regeneration industry will dominate the whole dental market. Though the tooth regeneration holds immense potential to generate high ROI and at same time benefit society, high R&D cost and stringent regulations are key challenges being faced by the industry players. Tooth regeneration is expected to be commercialized on large scale post-2024.

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This report segments the tooth regeneration market on the basis of application and population demographics. On the basis of application, the market is segmented into enamel, dentin and pulp. On the basis of population demographics, the tooth regeneration market is segmented as geriatric, middle aged, adults and others.

Key takeaways of the market are:

Asia Pacific is expected to dominate the dental procedures throughout the forecast period, suggesting higher addressable market opportunity for players. Much of the dental procedures are expected to be carried out in China, followed by India and Japan respectively. There are over 5,000 dental laboratories with around 300 dental institutes and 200,000 dentists in India. Increasing consumer base along with high economic growth is expected to create lucrative market opportunity for industry players. Moreover, the market in the region is expected to grow at the fastest CAGR over the forecast period.

By population demography, geriatrics population is expected to be the prime users of tooth regeneration product once it get commercialized. As of now, much of the need for tooth loss in geriatrics population is being met by dental implants.

Enamel erosion is one of the most prevalent dental issue worldwide, which also results in other dental problems related to dentin and pulp. Researchers at the University of Southern California, are working on developing a technique using matrix metalloproteinase-20 (MMP-20), an enzyme found only in teeth, and an amelogenin-chitosan hydrogel to repair early tooth decay by growing an enamel-like layer

Institut Straumann Ag, DENTSPLY Implants, Unilever and Datum Dental are key tooth regeneration market players. As of now, this is a research based topic. However, companies are expected to gain double digit return on investment (ROI) once the product gets commercialized.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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