Healthcare

Dental Biomaterials Market Reaching to US$ 9.6 Billion Revenue by 2023 Dominated by Implantology, Prosthetic and Orthodontic Applications

Dental Biomaterials Market
Dental Biomaterials Market

New study on dental biomaterials market with prominent players are Institut Straumann AG (Switzerland), Geistlich Pharma AG (Switzerland), Zimmer Biomet Holdings, Inc. (US), Danaher Corporation (US), Dentsply Sirona, Inc. (US), 3M Company (US), Royal DSM (Netherlands), Carpenter Technology Corporation (US), Kuraray Co., Ltd (Japan), Medtronic Plc. (Ireland), Henry Schein, Inc. (US), Mitsui Chemicals ,Inc. (Japan), Victrex Plc (UK), Ivoclar Vivadent AG (Principality of Liechtenstein), GC Corporation (Japan), Keystone Dental, Inc. (US), Datum Dental Ltd (Israel), BEGO Medical GmbH (Germany), and Cam Bioceramics B.V (Netherland).

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Geographically, dental biomaterial market is segmented into North America, Europe, Asia Pacific, Latin America, & Middle East & Africa. In 2018, Europe held largest share of this market, & this is primarily attributed to growing geriatric population, increasing government expenditure on oral healthcare, higher adoption of dental biomaterials to manufacture implants and other dental products, and growing number of dental hospitals and clinics.

The global dental biomaterials market is growing at 7.4% CAGR and projected to reach USD 9.6 billion by 2023, from USD 6.7 billion in 2018. Factors such as the increasing prevalence of dental disorders, rising geriatric population, growing dental tourism in developing countries, and increasing disposable income are the major factors driving the growth of this market.

Recent Developments

  1. In 2018, The Straumann Group acquired a 30% stake in its biomaterials partner, Botiss medical AG, for an undisclosed sum. This acquisition enables Straumann to expand its dental biomaterials portfolio.
  2. In 2018, Henry Schein, Inc. acquired Intra-Lock (Spain), a provider of dental restoration solutions. This will enhance its position in the premium implant segment
  3. In 2018, Carpenter Technology Corporation announced the expansion of its Emerging Technology Center in the Alabama Campus (US).
  4. In 2017, Geistlich Pharma opened its tenth subsidiary in India. This marked Geistlich’s entry into a potentially interesting market for regenerative dentistry.

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Report analyzes the various types of dental biomaterials and their adoption patterns. It aims at estimating the market size and future growth potential of the global dental biomaterials market for different segments such as type, application, end user,and region. In order to increase its customer base and maintain its position in the market, the company focuses on various growth strategies such as acquisitions, agreements, and product launches.

Dental biomaterials market is segmented into implantology, prosthodontics, orthodontics, and other applications. Orthodontics application segment is expected to grow at the highest CAGR during the forecast period. High growth of this segment is driven by technological advancements in orthodontic brackets (such as self-ligating brackets), the presence of a large patient base with malocclusions, and the increasing incidence of jaw diseases are the key factors driving the growth of this market.

More Information “Dental Biomaterials Market by Type (Metallic (Titanium, Stainless Steel, Chromium Alloy, Amalgam, Gold), PFM, Ceramic, Bone Graft, Polymer Biomaterials), Application (Implantology, Prosthetic, Orthodontic), End User – Global Forecast to 2023” at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1870154 .

The company is expected to grow further in the coming years due to its increasing focus on countries such as China, India, Argentina, Chile, and Colombia. Straumann significantly invests in R&D, sales, and marketing activities to drive innovation and to capture the growth potential in underpenetrated markets.

Key benefits of buying the report

The report will allow established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them,garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market.

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