Dental Caries Treatment Market

The Dental Caries Treatment Market Is Estimated To Witness High Growth Owing To Growing Awareness About Dental Hygiene Among Consumers

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The Dental Caries Treatment Market is estimated to be valued at US$ 6921.73 Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Key Takeaways

The Dental Caries Treatment Market Growth is expected to witness high growth, exhibiting CAGR of 4.8% over the forecast period, due to increasing awareness about oral health and growing access to dental care services.

Regional analysis: North America dominated the global market in 2023, owing to supportive reimbursement policies and technological advancements in the region. Asia Pacific is anticipated to witness highest growth during the forecast period supported by rising dental tourism and healthcare investments in countries like India and China.

Key players operating in the dental caries treatment market are Morita Corporation, Alpha Dent Implants Ltd., Shofu Dental Corporation, Coltene Group, 3M Company, Institut Straumann AG, Zimmer Biomet, Dentsply Sirona Inc., DiaDent Group International, and Essential Dental Systems Inc., among others. Strategic collaboration with distributors and healthcare professionals are helping key players to strengthen geographic footprint.

The Dental Caries Treatment Market

Dental caries, also known as cavities or tooth decay, is a common oral health condition caused by bacterial biofilm or plaque on the teeth. Dental caries occurs when bacteria in the mouth breaks down sugars and starches ingested with food and emits acids as a waste product. These acids wear away the enamel surface of the tooth over time leading to cavities. Products available for treatment of dental caries include restoration materials such as amalgam, composite resins, dental cements, dental sealants, and dental bridges that are used to repair cavities, replace missing tooth structure, protect remaining teeth and restore oral function.

Market key trends

Growing awareness about Dental Caries Treatment hygiene. With rising disposable incomes, people are increasingly becoming aware about maintaining proper oral hygiene which reduces the risk of dental caries. Majority of people regularly visit the dentist for dental check-ups and cleanings. Preventive dental procedures such as dental sealants and fluoridations are gaining widespread acceptance. Technological advancements. Manufacturers are continuously focusing on developing innovative dental caries treatment products and procedures for better outcomes. Products such as composite resins closely match the natural tooth structure for improved esthetics. CAD/CAM dental milling has revolutionized the process of dental restorations. Adoption of advanced materials allows for techniques like minimal-invasive dentistry. Increasing demand for cosmetic dentistry. With growing emphasis on physical appearance, people are opting for procedures to improve smile aesthetics. Dental caries treatments allow for filling of cavities and restoration of teeth in naturallooking manner. This drives the demand for composite resins and porcelain crowns for teeth restorations.

Porter’s Analysis

Threat of new entrants: The threat of new entrants is moderate as there are significant capital requirement for R&D, clinical trials and regulatory approvals. However, fragmented regional markets provide opportunities.

Bargaining power of buyers: The bargaining power of buyers is high due to availability of substitutes and increasing awareness about dental care. Buyers can negotiate on prices offered by different manufacturers.

Bargaining power of suppliers: The bargaining power of suppliers is moderate due to availability of substitutes. However, suppliers of raw materials form strategic partnerships with big manufacturers to ensure steady supply.

Threat of new substitutes: The threat of new substitutes is high with ongoing R&D in regenerative and biologically-engineered dental care solutions.

Competitive rivalry: Intense due to presence of global as well as regional players.

SWOT Analysis

Strength: Wide range of innovative products for prevention, diagnosis and treatment. Increased dental care awareness.

Weakness: High costs associated with R&D and clinical trials. Reimbursement issues in developing regions.

Opportunity: Untapped growth potential in developing countries. Expanding scope of minimally invasive procedures.

Threats: Stringent regulatory approvals. Technology obsolescence risks.

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

About Author – Ravina Pandya

Ravina Pandya,a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals.  LinkedIn Profile