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Pharmacy benefit management market
Dental Filling Powder Market REPORT OVERVIEW
The global dental filling powder market size is predicted to value at USD 1305.2 million in 2021 and is projected to touch USD 2295.03 million by 2031, exhibiting a Compound annual growth rate (CAGR) of 5.8% during the forecast period.
Dental Fillings can restore tooth damage to its normal functions as they help prevent decay. Composite fillings are the most frequently used dental filling materials. Direct restorative materials line and fill excavated tooth cavities and restore broken or injured teeth. The setting chemistry for direct restorative materials is laid out to be more biologically compatible as there is an increased demand for intelligent, economic, and personalized healthcare services along with increased concerns for dental aesthetics amongst the masses.
Direct restorations are designed to fit and insert directly into a cavity on the tooth. The market is divided into type and application segments. The type segment comprises composite, amalgam, and glass ionomer fillings, whereas the application segment comprises hospitals, dental clinics, and other uses in the healthcare sector. Various applications and innovations in the dental filling powder market, such as the advent of 3D and laser technology and research and development, will drive the industry's growth.
COVID-19 Impact: Demand Slump due to Virus Contamination Fears Impeded Market Growth
The pandemic spurred fears worldwide about the contraction of the COVID-19 virus, which impeded the industry's market growth as the population stopped traveling to dental clinics for regular checkups and updates. This negatively impacted leading manufacturers and producers of dental filling powder, thereby bringing in losses for investors and the worldwide market. The market also experienced supply chain disruptions due to low demands, thus affecting the dental industry.
LATEST TRENDS
"High Prevalence of Dental Problems to Propel Market Growth"
The rise of dental problems amongst young children post the pandemic will drive the industry's worldwide growth and share. Poor dental hygiene and dietary habits amongst the youth and elderly in developing regions are the major driving factors of the market. Dental caries and diseases will continue to propel growth as research estimates that half the world's population suffers from some oral hygienic problems. Thus, these factors will drive the market growth and share of dental filling powder collectively.
Dental Filling Powder Market SEGMENTATION
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By Type
The market is categorized based on types into composite fillings, amalgam fillings, glass ionomer fillings, and others.
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By Application
The market is subcategorized into hospitals, dental clinics, and others based on applications.
DRIVING FACTORS
"Innovations in Tooth-Filling Materials to Fuel Market Growth"
Innovations in the dental market will drive the dental filling powder market growth as materials such as amalgam will be tweaked to suit different patients and their treatment methodology. Traditionally used in the pure form, amalgam is used as silver and mercury in the modernized forms to treat dental patients. Silver amalgam is durable and is suitable for children older than six years. Along with this, composite materials are also being updated to include glass acrylic resin in their composition that will help match the color of the teeth after treatment.
"Increasing Awareness Initiatives and Campaigns to Drive Market Growth"
The rising government initiatives, campaigns, and health checkups to create awareness amongst the masses for dental hygiene in developing countries will drive market growth and share in the healthcare industry. With the advent of rapid technological innovations in countries such as China and India, the youth are demanding expensive cosmetic procedures in these regions. Thus, developing nations are a potential hotspot for investments and will propel market growth soon, thereby driving demand for dental filling powder.
RESTRAINING FACTORS
"High Treatment Costs to Hamper Market Growth"
The high costs of treating patients in developing and underdeveloped countries will hamper the market growth as medical technology advances. With the volatile healthcare situation post the pandemic, dental hygiene industries will also be impacted due to increasing costs of materials and rising inflation. The rising demand will further propel treatment costs, bringing down supply and impeding the industry's growth and share. Thus, these factors are restraints that will hamper market growth.
Dental Filling Powder Market REGIONAL INSIGHTS
"Europe to Lead Market Share due to Rising Demand for Dental Care"
The European region will lead the dental filling powder market share due to an exponential rise in the demand for dental care in the area. According to research, the bulk population in the region faces tooth and gum problems, thereby driving the market growth and share of the industry. The presence of leading manufacturers and investors in the area and industrial expansion due to high demand are the driving factors that will contribute to the worldwide industry's growth.
KEY INDUSTRIAL PLAYERS
"Market Players to Boost Market Growth"
The report analyzes various market players in the industry, and the information is published after proper research, analysis of trends, key developments, new initiatives, and technological developments and innovations. The report also includes thorough research on companies, regions, technical and environmental outcomes, and newly emerging industries' impact and risks. The study considers all the points after a comprehensive analysis, thus generating future possibilities for the market. Therefore, the factors mentioned in the report are subject to change as the dynamics and situation of the market change. Europe will lead the industry with the largest share.
LIST OF TOP Dental Filling Powder COMPANIES
- Dentsply Sirona (U.S.)
- 3M (U.S.)
- Envista Holdings (U.S.)
- Ivoclar Vivadent (Liechtenstein)
- GC Corporation (Japan)
- Mitsui Chemicals (Japan)
- Kuraray Noritake Dental (Japan)
- Shofu (U.S.)
- SDI Limited (Australia)
- VOCO GmbH (Germany)
- Ultradent (U.S.)
- Coltene Holding (Switzerland)
- DenMat (U.S.)
- DMG (Japan)
- VITA Zahnfabrik (Germany)
INDUSTRY DEVELOPMENT
July 2022: American conglomerate 3M, the medical and dental care giant, announced that the company is set to convert its healthcare business into a public trading company by 2023. This development aims to simplify the company's business and increase its share price. With this development, the company will collectively focus on the biopharma, IT, and wound and oral healthcare sectors. Therefore, this will increase the company's product range, including adhesives, bandages, air purifiers, and oral aligners.
REPORT COVERAGE
The report examines elements that affect the demand and supply factors and estimates dynamic market forces for the forecast period. It also offers drivers, restraints, the latest trends, and critical industrial developments. After evaluating the market factors, the report provides an extensive SWOT analysis. The research is subject to alteration if leading players and analysis of market dynamics change. The information estimates the factors mentioned, taken into consideration after thorough research. The report also provides information on segmentation, key industry developments, and an analysis of risks in the industry.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 1305.2 Million in 2021 |
Market Size Value By |
US$ 2295.03 Million by 2031 |
Growth Rate |
CAGR of 5.8% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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What value is the dental filling powder market expected to touch by 2031?
The global dental filling powder market is expected to touch USD 2295.03 million by 2031.
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What is the CAGR that the dental filling powder market is expected to exhibit by 2031?
The dental filling powder market is expected to exhibit a CAGR of 5.8% by 2031.
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What are the driving factors of the dental powder market?
High prevalence of dental problems, increasing awareness and initiatives, technological innovations, and demand in developing countries are the driving factors of the dental filling powder market.
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Which are the leading companies operating in the dental powder market?
Dentsply Sirona, 3M, Envista Holdings, Ivoclar Vivadent, GC Corporation, Mitsui Chemicals, Kuraray Noritake Dental, Shofu, SDI Limited, VOCO GmbH, Ultradent, Coltene Holding, DenMat, DMG, and VITA Zahnfabrik are the leading companies operating in the dental filling powder market.