the global Dental Cements market for the historical period 2017-2018 and forecast period 2019-2027, rising incidence of chronic diseases and growing approvals to novel dental cements components are projected to drive the global dental cements market during the forecast period
According to the report, the global dental cements market was valued at US$ 0.8 Bn in 2018 and is anticipated to grow at a CAGR of 5.0% from 2019 to 2030
Rising prevalence of Dental Carries across the globe: Key Driver
Growing prevalence of dental caries across the globe is a key factor driving the global dental cements market.
For instance, as per The Global Burden of Disease Study (2016), nearly 2.4 billion individuals have dental caries of permanent teeth and more than 480 million children have dental caries of primary teeth.
Novel methods for development in terms of material and rising awareness regarding oral hygiene are some of the major boosters for the growth of global dental cements market
Moreover, emergence of new formulations, growing medical tourism, and unique cement material types in recent years are also fuelling the growth of global dental cements market
Longer regulatory approval window hamper the market growth
Comparatively longer approval wait windows for dental cements by regulatory authorities can create obstacles for development of new products and hence can hamper the global dental cements market growth
Also high developmental cost and failure in restoration of implants can restrain the global market growth
Global dental cements Market: Europe dominated the global market
On the basis of region, the dental cements market is segmented as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Europe region dominated the global market owing to higher prevalence of dental carries, presence of well-established players offering dental bone graft substitutes, and higher penetration of dental implants in the region
However, Asia-Pacific region is considered as the most lucrative market during the forecast period from 2019 to 2027. The growth is mainly ascribed to factors such as growing aging population, higher patient population, rising awareness of oral health, rising medical tourism, and improving healthcare infrastructure in the region.
Global Dental cements Market: Competitive Landscape
This report profiles major players in the global dental cements market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
The global dental cements market is highly consolidated, with a few global players accounting for a major share in market.
Leading players operating in the global Dental cements market are -
Global Dental cements Market: Key Developments
Key players in the global dental cements market are engaged in regulatory approvals, new product development, merger, acquisitions & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global dental cements market. A few expansion strategies adopted by players operating in the global Dental cements market are:
In June 2019, Danaher Corporation has announced Envista Holdings Corporation, as the name of the separate company for company’s dental segment. Envista now comprises of three operating companies within Danaher's Dental segment: Nobel Biocare Systems, KaVo Kerr, and Ormco.
In March, 2017, BISCO, Inc. has launched TheraCem self-adhesive resin cement which is ndicated for a variety of clinical situations and releases both calcium and fluoride
The report on the global dental cements market discussed individual strategies, followed by company profiles of manufacturers of dental cements. The competitive landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global dental cements market
Global Dental Cements Market: Overview
Products in the global dental cements market are used in various dental applications such as orthodontics and other restorative dental procedures. They feature non-leakage and non-irritant property along with high thermal as well as chemical resistance, high tensile strength, and low thickness as well as low resistance power. Increasing awareness regarding dental health, coupled with rising adoption of cosmetic dental procedures are some of the key factors stimulating attractive growth opportunities in the global dental cements market.
Rise in the number of patients availing dental health services due to misalignment of teeth, teeth discoloration, as well as gaps between teeth along with rising number of cases of dental cavities around the world is motivating the sales in global dental cements market. Poor dental health as well as rising geriatric population that is prone to suffer from dental health issues are also likely to aid the expansion of the global dental cements market in near future. On the other hand, high cost associated with these dental materials may pose as a challenge for the growth of the global dental cements market in coming years.
Rising interest of dentists and other dental health practitioners in novel nanomaterials technologies is also offering industry players with lucrative opportunities to come up with newer and more biocompatible products in the global dental cements market. However, collapse in restoration of the implants as well as high advancing prices may hinder the development trajectory of the global dental cements market in coming years. On the other hand, growing popularity of medical tourism in several countries in regions such as Asia Pacific is anticipated to work favorably for the growth of the global dental cements market.
Players and manufacturers operating within the global dental cements market are exploring various strategies in a bid to capture a major share in the industry in coming years. Few of the major strategies adopted by these players in the global dental cements market include expanding their geographical reach, new product launches, innovating their existing product portfolios, and mergers, acquisitions, and joint ventures, among others.
Global Dental cements market - Segmentation