Dental Caries Treatment Market Is Estimated To Witness High Growth Owing To Rising Incidence Of Tooth Decay And Growing Geriatric Population

The dental caries treatment market is estimated to be valued at US$ 6,302.2 Mn in 2022 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.

Market Overview:

Dental caries, commonly known as tooth decay, is a disease that destroys the outer protective layer of the tooth, called enamel. Dental caries is caused by specific types of bacteria that produce acids as a byproduct of eating carbohydrates. If not treated, dental caries can damage the inner layers of the tooth known as dentin and can even infect the pulp and nerves. The primary treatment methods for dental caries include tooth restorations, dental sealants, and preventive care.

Market Dynamics:

Rising incidence of tooth decay: Dental caries is one of the most common chronic diseases worldwide. According to the Global Burden of Disease Study 2019, dental caries affected approximately 3 billion people across the world. Poor oral hygiene practices, consumption of cariogenic diet, and lack of access to dental care are some major factors responsible for the high prevalence of dental caries. This is expected to drive the demand for dental caries treatment over the forecast period.

Growing geriatric population: The rising geriatric population is another key driver of the dental caries treatment market. Older adults are more prone to developing dental caries due to reduced saliva flow and impaired immune function. With an increase in life expectancy worldwide, the number of adults aged 65 years and above is projected to double from 2017 to 2050. This aging demographic will contribute significantly to the market growth.

SWOT Analysis

Strength: Dental caries treatment provides dental health to millions. Treatment options like dental fillings, crowns and bridges are well established with high success rates. Leading companies have extensive R&D capabilities and product portfolios.

Weakness: Dental caries treatment has high costs which impacts patient affordability. Access to dental care remains limited in developing regions.

Opportunity: Rising incidence of dental issues due to changing lifestyles and diets presents an opportunity. Advancing technologies for minimally invasive procedures can drive the market. Growing medical tourism in regions like Asia Pacific boosts the market.

Threats: Social stigma around dental aesthetics and treatment impact market demand. Stringent regulatory approvals and recalls affect some companies. COVID-19 pandemic impacted healthcare spending and deferred dental procedures.

Key Takeaways

The Global Dental Caries Treatment Market Size is expected to witness high growth, exhibiting CAGR Of 4.8% over the forecast period, due to increasing incidence of dental caries worldwide. Changing dietary patterns, greater sugar consumption and poor oral hygiene are major drivers.

Regional analysis - North America dominates the market currently due to dentist availability and dental insurance. However, Asia Pacific is poised to grow the fastest due to expanding healthcare infrastructure and patient pool in China and India.

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. These companies focus on new product launches, partnerships and geographical expansion strategies to strengthen their market presence.

Read more: https://www.rapidwebwire.com/dental-caries-treatment-market-analysis-share/ 

Comments

Popular posts from this blog

Vegan Yogurt Market is Poised for Growth Driven by Rising Health Consciousness

Hypoglycemic Drugs Market is Estimated to Witness High Growth Owing to Increasing Prevalence of Diabetes in the Geriatric Population

Clinical Trials Rising with Digital Technologies Adoption