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/
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