June 21, 2024
Restorative Dentistry Market

Restorative Dentistry Market is Estimated to Witness High Growth Owing to Increasing Incidences of Dental Caries and Other Periodontal Diseases

The restorative dentistry market involves products that are used to restore the functionality and aesthetics of teeth that have been lost or damaged due to dental conditions such as dental caries, tooth wear, dental trauma and other periodontal diseases. These products include dental amalgams, resin based composites, glass ionomers, casting gold, porcelain fused to metal dentures and so on. The increasing global prevalence of dental caries and periodontal diseases due to changing dietary patterns and busy lifestyles have increased the need for effective restorative dentistry products.

The Global Restorative Dentistry Market is estimated to be valued at US$ 26.17 Mn in 2024 and is expected to exhibit a CAGR of 6.7% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Restorative Dentistry market are Alpek S.A.B de C.V., RTP Company, BASF SE, The Dow Chemicals Company, Jiangsu Sanfangxiang Group, Indorama Ventures, M&G Chemicals, Nan Ya Plastics Corporation, Far Eastern New Century, and Quadrant AG. The Restorative Dentistry Market Growth provides several opportunities for players in the form of development of advanced composite resins, dental ceramics and bonding agents along with expansion in emerging markets of Latin America, Asia Pacific and Middle East regions. Globally, there is an increasing focus on digital dentistry, which has the potential to transform restorative procedures with CAD/CAM systems for prosthodontic reconstruction and computer-guided implant placement.

Market Drivers

The increasing number of geriatric population globally who are more prone to dental caries and tooth wear is a major driver for the restorative dentistry market. As per WHO, nearly 3.5 billion people are affected by oral diseases worldwide. With better access to dental care and rising disposable incomes in developing nations, the demand for restorative treatments is expected to grow substantially during the forecast period. Furthermore, ongoing innovations in dental materials and techniques along with growing demand for advanced cosmetic dental procedures will further support market growth over the next few years.

PEST Analysis

Political: The restorative dentistry market is influenced by various regulations and standards set by government and other regulatory bodies regarding the usage of materials for dental restoration procedures.

Economic: Factors such as the rising disposable income of consumers and increasing dental expenditure are positively impacting the growth of the restorative dentistry market.

Social: An increasing focus on dental healthcare and aesthetics among individuals is driving the demand for restorative dental procedures. Additionally, innovation in dental materials and technologies is encouraging patients to opt for restorative treatments.

Technological: Advancements in materials science and 3D printing/CAD technologies have enabled the development of improved aesthetic and biocompatible dental restorative materials. Digital workflows and CAD/CAM systems are also streamlining restorative procedures.

Content about geographical regions where market in terms of value is concentrated:

North America dominates the restorative dentistry market, both in terms of value and volume. This can be attributed to the existence of advanced dental healthcare infrastructure and higher adoption of innovative restorative materials and treatments among dentists and patients in the region. Additionally, the presence of major market players and rising dental expenditure also contribute to the large market size of North America.

Content about the fastest growing region for given market:

The Asia Pacific region is projected to witness the highest growth in the restorative dentistry market during the forecast period. Rising awareness about oral healthcare and growing focus on dental aesthetics are driving the demand. Additionally, increasing disposable incomes, developing healthcare systems and expanding patient pool are supporting the market growth of restorative dentistry in Asia Pacific.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it