Published Date : Apr 04, 2018
ALBANY, New York, Apr 4, 2018 - The global dental restorative market has been foretold to gain momentum in its growth as a result of the rising adoption of dental tourism facilities. A report added by MarketResearchReports.biz stretches its reports to study critical growth factors of the market and how players could cash in on them in the near future. It is titled “Dental Restorative Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2025.” Swelling prevalence of dental problems such as tooth decay and losing teeth could be another factor helping the market to collect strong demand in the coming years.
The world dental restorative market has been anticipated to take a positive impact from increasing geriatric population across the globe. In fact, geriatrics could make up an important consumer demographic of the market. The demand for dental restorative services and products has been predicted to see a rise on account of the colossal increase in the count of dental procedures conducted in different parts of the world. Increasing disposable income and rising prevalence of dental problems could be other factors augmenting the demand in the market. Furthermore, improving focus of governments to enhance the quality of healthcare services provided to individuals has been projected to set the tone for a handsome growth of the market.
Developed healthcare infrastructures and stable increase in the count of favorable medical reimbursement policies in emerging countries could positively influence the world dental restorative market during the course of the forecast period. The medical tourism industry has been seeing a steady rise in developing regions such as Latin America and Asia Pacific, which could bode well for the world dental restorative market. Increasing medical tourism could lead to an escalation in the adoption of dental restorative services, products, and procedures. The multimillion-dollar medical tourism industry is currently witnessing a massive surge in the count of patients taking dental restorative treatments. This is mostly evident in countries that offer economical procedures to reduce the overall treatment cost.
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In terms of segmentation by product, the international dental restorative market has been segregated into four main segments, viz. implants, prosthetics, restorative material, and restorative equipment, where the last two are further classified into different subdivisions. Amongst the four, restorative material had secured a higher share of the market in 2016. Its sub-segment direct restorative dental material had attained a dominant share in the same year. Rising count of dental implantation procedures and launch of creative products could be among primary factors helping the leading product type segment to top the market.
Nevertheless, prosthetics has been projected to register a higher CAGR between 2017 and 2025 owing to certain factors such as constant innovations in prosthetic technologies and rise in the count of people undergoing dental procedures such as for teeth misalignment, gaps between teeth, and teeth discoloration. By end user, the international dental restorative market has been classified into dental institutes and research centers, dental clinics, and hospitals.
There could be a few restraints active in the international dental restorative market. For instance, expensive operational cost of dental implants and lengthy approvals from regulatory authorities. However, the market could create promising opportunities on the back of the use of nanomaterials for developing novel dental materials.
Some of the leading players of the international dental restorative market are Ivoclar Vivadent AG, BISCO, Inc., and DMG Chemisch-Pharmazeutische Fabrik GmbH.
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