The global dental biomaterials market is expected to reach a market value of roughly US$ 12,000 Mn by 2027, with a CAGR of around 7% in terms of revenue over the forecast period of 2020 to 2027. Dental biomaterials are cutting-edge dental devices. It is made up of devices that replace or repair missing or lost teeth. Dental biomaterials not only replace defective or absent dental tissues, but they also aid tooth regeneration and protect healthy dental teeth. The Dental Biomaterials Centre focuses on protecting and restoring oral health to patients through material science research and engagement. Natural tissues and manufactured biocompatible materials make up dental biomaterials.
The rising expense of dental and oral health care, as well as the greater usage of novel sticking materials, CAD/CAM resin cement, and other digitals, are fueled by the expanding popularity of dentistry and the growing senior population. Dental CAD/CAM technology is required for the utilisation of new products and the collecting of data.
It’s a non-destructive approach to save ideas, restorations, and data on a device, as well as a contact media for evaluation. According to a systemic research report on the global burden of illness, disabilities, and risk factors, the number of disabled people living worldwide increased from 2.5 million in 1990 to 4.5 billion in 2018, with a 64 percent increase in disability-adjusted life years (DALYs) caused by oral diseases.
Another major factor driving market expansion is the rise in disposable income and the number of dentists, especially in developing nations. According to the Brazilian Institute of Geography and Statistics, Brazil has 174,000 dentists in 2019, accounting for 11% of the global population (IBGE). The implementation of positive policies and initiatives is also on the rise in most developed countries. In 2014, the Brazilian government passed the National Oral Health Program. Since the Program began, there has been a tremendous increase in oral health awareness, as well as a large increase in dental expenses in the region. Dental spending in the United States has increased as a result of increased awareness, increased affordability, and a preference for cosmetic dentistry.
The predicted timeline is hampered by the high cost of care, stringent regulatory and clinical procedures, and insufficient insurance coverage. Oral disorders are one of the most expensive diseases to deal with in both poor and developed countries, according to the World Health Organization (WHO). According to the Organization for Economic Co-operation and Development (OECD), treatment of oral problems, including dental biomaterials, accounted for 7% of total health spending in developed nations in 2018. In developed countries, significant portions of dental treatment are paid for out of pocket, such as in China, where basic insurance covers only a small portion of dental costs and more than 85 percent of total costs are paid for out of pocket.
North America dominated in 2019, with a market share of 35.5 percent, and is expected to continue to do so throughout the forecast period. Growing government spending on oral health, an ageing population, and increased use of dental biomaterials for dental medicines and other implants are all contributing factors. The increasing number of dental clinics and hospitals is also one of the factors for business growth in this industry. Asia Pacific is expected to maintain a significant market share during the foreseeable timeframe, owing to the increased incidence of tooth disease.
With India and China as developing economic giants and the world’s two most populous nations, the field is one of the world’s most densely populated areas. Oral requirements were found to be a huge hardship in a 2018 Asia-Pacific study. Oral illness affects 3 to 6.5 out of every 10 people in this area. Oral illness is predicted to become more prevalent in the future as people live longer. Furthermore, rising medical tourism is expected to boost regional business growth in developing nations. Profitable growth is projected in the near future in several places, such as the Middle East, Africa, and Latin America, where the industry is quickly expanding.
The dental biomaterials sector is moderately competitive, with both domestic and international enterprises participating. Small and medium-sized enterprises compete fiercely with rising technologies, while foreign firms take a big share of the market. Because new entrants will develop creative items, market share is expected to be split between foreign and small firms in the future.
The global dental biomaterials market is segmented as below:
- Market Segmentation
- Dental Biomaterials Market By Type
- Metallic Biomaterials
- Stainless Steel
- Chromium Alloys
- Other Metallic Biomaterials
- Ceramic Biomaterials
Dental Biomaterials Market By Application
Dental Biomaterials Market By End User
- Dental Product Manufacturers
- Dental Laboratories
- Dental Hospital & Clinics
- Dental Academic & Research
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