Dental Suture Market to register highest growth in North America owing to growing geriatric population

Global Dental Suture Market is estimated to be valued at US$ 217.42 Bn in 2024 and is expected to exhibit a CAGR of 6.9% over the forecast period 2024 to 2030. Sutures assist in keeping tissue together during and after dental wounds by providing healthy adhesion and aiding in better healing. The absorbable sutures do not require removal and dissolve or break down over time as they get absorbed by the body. The advantages of dental sutures include supporting alignment of gums and tissue, promotion of healing, prevention of gaps between gums, and improved aesthetic appearance. The Global Dental Suture Market is driven by the increasing prevalence of dental diseases and rising dental tourism worldwide.

Key Takeaways

Key players operating in The Dental Suture Market are Cargill, Archer Daniels Midland Company (ADM), Bunge Limited, Ingredion Incorporated, Associated British Foods (ABF), Tate & Lyle, Agrana Beteiligungs AG, The Scoular Company, Grain Processing Corporation (GPC), Didion Milling. The increasing demand for medical insurance and growing awareness about oral healthcare are fueling market growth. Technological advancements such as the introduction of rapidly absorbing sutures are expanding market opportunities.

Growing geriatric population globally is increasing demand for dental sutures owing to higher susceptibility to dental diseases among elderly. People aged over 65 years are more likely to have dental issues such as tooth loss and gum disease which requires dental suturing procedures. According to WHO, the geriatric population is expected to reach 2 billion by 2050 thereby driving the need for dental sutures.

Rising disposable income is allowing people to spend more on dental care and treatment procedures such as implants, crown lengthening procedures which require sutures for wound closure. With growing middle class population in developing regions individuals now have higher affordability for quality oral care. This is propelling the demand for dental sutures.

Market Trends
Increased adoption of absorbable sutures - There is rising preference for absorbable sutures such as plain gut and polymer-based sutures among dental surgeons due to their dissolving nature which eliminates the need for removal. This saves patients from secondary pain and surgeons' time.

Growing preference for surgical procedures - Advancements in dental technologies enable complex dental surgical procedures such as dental implants, tooth extractions, gum grafting procedures which require utmost precision. This is increasing the demand for dental suturing.

Market Opportunities
North America represents largest market - The regional market is driven by favorable reimbursement policies, high healthcare spending, and rapid increase in geriatric population presenting highest demand for dental treatments.

Asia Pacific exhibits lucrative growth - Emerging nations like India and China offer immense opportunities owing to growth in dental tourism, increasing disposable incomes, and expanding middle class driving demand for quality dental care.

Impact of COVID-19 on Dental Suture Market Growth
The ongoing COVID-19 pandemic has severely impacted the growth of the dental suture market. In the initial months of the pandemic, lockdowns and restrictions imposed by various governments globally led to postponement and cancellation of non-emergency dental procedures. This significantly reduced the demand for dental sutures from hospitals and clinics. However, with reopening of dental facilities and resumption of regular operations, the demand is recovering slowly. The market is projected to continue witnessing slower growth in the near future as well due to adherence to social distancing norms and heightened safety protocols in dental settings. Teleconsulations and teledentistry are expected to gain more prominence in post-COVID times. Overall, COVID-19 has disrupted the growth trajectory of the dental suture market in both short and medium term. Manufacturers will need to focus on ensuring adequate supply levels in key markets while assisting healthcare providers with seamless adoption of new operating guidelines.

Geographical Regions with Highest Market Concentration
In terms of value, North America accounted for the largest share of the global dental suture market in the pre-COVID era primarily due to high dental expenditure, established healthcare infrastructure and rising incidence of dental disorders in the region. Within North America, the United States represented the dominant market on account of large patient pool, availability of advanced treatment options and favorable reimbursement policies. Europe was the second largest regional market driven by growing awareness about importance of oral health and availability of universal healthcare in majority countries. However, adverse impact of COVID-19 pandemic has reduced the market concentration levels across these developed regions in the recent past.

Fastest Growing Regional Market
The Asia Pacific market for dental sutures is anticipated to expand at the fastest growth rate during the forecast period. Factors such as rising spending on dental care, increasing medical tourism, growing dental patient pool fueled by expanding middle class population and surge in incidence of dental caries and periodontal diseases will primarily drive the market in Asia Pacific region. Additionally, emergence of regional players offering cost-competitive products will also boost market growth. Countries such as China, India and other Southeast Asian nations are expected to provide immense opportunities for dental suture manufacturers globally in the post pandemic time period. Enhanced focus on oral healthcare and shifting demographic trends will further fuel the market demand in Asia Pacific.

 

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