New York, Sept. 15, 2023 (GLOBE NEWSWIRE) -- The Global Restorative Dentistry Market size is expected to be worth around USD 35 Billion by 2032 from USD 18 Billion in 2022, growing at a CAGR of 7.4% during the forecast period from 2023 to 2032.
The Global Restorative Dentistry or Restorative dentistry, also known as dental restoration, refers to a dental surgical procedure aimed at returning the natural function of the mouth. This procedure primarily focuses on repairing or substituting teeth that are damaged or missing, as they can impact an individual's ability to chew, bite, or speak comfortably. Common procedures in restorative dentistry encompass the installation of fillings, bridges, crowns, tooth removal, and dental implants.
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Key Takeaway
- By product type, the restorative materials segment has generated the largest revenue share of 41.2% in the market.
- By application, the implantology segment dominated the market in 2022.
- By end-user, dental hospitals and clinics hospitals were dominant in the market, accounting for a revenue share of 52 % in 2022.
- Europe held a significant revenue share of 32% in 2022.
- Asia Pacific market is projected to grow at a fastest rate from 2023 to 2032.
The growth of the market is being driven by several factors, including a growing elderly population, a higher occurrence of various dental and oral health issues, an increased focus on improving appearance, and the growth of dental tourism in several developing countries. Additionally, the market is expected to expand due to a rise in the utilization of restorative materials for crafting dental restorations and the increasing adoption of biomaterials by dental professionals.
Factors affecting the growth of the Restorative Dentistry Market?
Several factors can affect the growth of the Restorative Dentistry Market. Some of these factors include:
- Rising prevalence of oral health disorders: All over the world, there has been a rise in the incidence of different oral health disorders. According to The Global Burden of Disease Study 2019, dental illnesses have affected 3.5 billion people with persistent tooth cavities. It is estimated that 520 million children have primary tooth decay, and 2 billion people have persistent tooth decay. Thus, a rise in the prevalence of oral health disorders is likely to drive the demand for restorative dentistry.
- Rising dental tourism: Dental tourism is growing at a high rate in developing countries. It has gained popularity due to the potential cost savings and availability of high-quality dental care in these countries. Many developing nations have modern dental facilities equipped with state-of-the-art technology and highly skilled dentists. Thus, a rise in dental tourism is expected to fuel the growth of the market during the projection period.
Top Trends in Global Restorative Dentistry Market
The use of digital technologies has been on the rise in restorative dentistry. Digital imaging, intraoral scanners, computer-aided design/computer-aided manufacturing (CAD/CAM) systems, and three-dimensional (3D) printing are being increasingly used for accurate diagnosis, treatment planning, and fabrication of restorations. Furthermore, nanotechnology has the potential to revolutionize restorative dentistry by enhancing the properties of dental materials. Such innovative trends are expected to boost the adoption of restorative dentistry over the forecast period.
Market Growth
The increased prevalence of tooth loss, the growing number of dental practitioners, and evolving technologies are key factors likely to boost the demand for restorative dentistry during the projection period. Furthermore, restorative dentistry procedures can provide a better dental structure, be a long-term solution, assist in protecting natural teeth, prevent tooth movement, and improve overall oral health and beauty. It is positively impacting the market growth. Furthermore, the growing number of hospitals and dental clinics around the world is fueling market expansion.
Regional Analysis
In the Restorative Dentistry market, Europe takes the lead, accounting for a significant share of 32% in terms of revenue. This growth in the region can be attributed to higher spending on dental healthcare, a growing elderly population, and an increasing emphasis on aesthetic concerns. Furthermore, the presence of key industry players and technological advancements are expected to contribute to the market's expansion in Europe. Meanwhile, the Asia Pacific region is poised for substantial growth during the projected period. This growth is fueled by favorable government policies, a rising elderly population, the presence of key market players, and an increasing demand for dental procedures in the region.
Competitive Landscape
Some of the major players include Danaher Corporation, 3M company, Mitsui Chemicals, Inc., Institut Straumann AG, Ivoclar Vivadent AG, Septodont Holding, ZimVie Inc., Envista, GC Corporation, Dentsply Sirona, and other key players.
Scope of the Report
| Report Attributes | Details |
| Market Value (2022) | US$ 18 Billion |
| Forecast Revenue 2032 | US$ 35 Billion |
| CAGR (2023 to 2032) | 7.4% |
| Europe Revenue Share | 32% |
| Base Year | 2022 |
| Historic Period | 2016 to 2022 |
| Forecast Year |
Market Drivers
In recent years, there has been a notable increase in oral health problems. The 2022 Oral Health Status Report from the World Health Organization (WHO) reveals that oral diseases affect about 75% of people in middle-income countries and around 3.5 billion people globally. This growing prevalence of oral health issues is expected to boost the demand for dental restoration procedures. Additionally, dental tourism is on the rise globally, especially in developing nations. According to RevaHealth, Mexico is the top dental tourism destination, attracting 25% of all dental tourists due to its proximity to the United States. India and Hungary share the second spot. This upward trend in dental tourism is likely to drive market growth in the coming years.
Market Restraints
The high cost involved in dental restoration procedures in developed nations around the globe may negatively impact its adoption in these countries. Also, certain disadvantages and risks associated with some dental restoration procedures, such as dental bridges, may impact adopting these processes. These factors are likely to restrain the growth of the market during the forecast period.
Market Opportunities
Globally, many governments in several developing nations are highly focused on investing in the healthcare sector. According to the 2019–20 National Health Account Estimates, the Indian government spent 1.3% of the nation's Gross Domestic Product (GDP) on healthcare during the year. Therefore, such important investments in the healthcare sector by governmental organizations are anticipated to create lucrative growth opportunities for the market during the forecast period.
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Report Segmentation of the Restorative Dentistry Market
Product Type Insight
Restorative materials are in high demand due to a growing emphasis on aesthetics and the rise in cosmetic dental surgeries. Additionally, an increase in tooth repair procedures is boosting the demand for these materials, leading to segment growth in the forecast period. Meanwhile, the implants segment is expected to experience substantial growth. Factors driving this include a growing elderly population, an increasing burden of dental diseases globally, strategic initiatives by key market players, and heightened research and development efforts in innovative dental implants.
Application Insight
The implantology segment leads in market revenue share and is expected to grow further due to rising demand for dental implants. Additionally, the prosthodontics application segment is also set for significant growth. Prosthodontics, which utilizes various procedures and materials from restorative dentistry, plays a crucial role in improving the function, appearance, and oral health of individuals with missing teeth or oral maxillofacial issues.
End-user Insight
Dental hospitals and clinics are set to experience the most significant growth in the forecast period. This growth is driven by the considerable increase in the number of dental healthcare facilities, especially in Europe and Asia Pacific. Additionally, a surge in enrollment in dental courses is contributing to the overall growth of this segment. Moreover, dental laboratories are also expected to see substantial growth due to the rising demand for dental supplies like implants, crowns, and bridges.
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Market Segmentation
By Product Type
- Restorative Materials
- Implants
- Prosthetics
- Restorative Equipment
By Application
- Implantology
- Prosthodontics
- Conservative & Endodontics
- Other Applications
By End-User
- Dental Hospitals and Clinics
- Dental Laboratories
- Other End-Users
Based on Geography
- North America
- The US
- Canada
- Mexico
- Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
- APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
- Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
- Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Market Key Players
- Danaher Corporation
- Institut Straumann AG
- 3M Company
- Mitsui Chemicals, Inc.
- Dentsply Sirona
- Septodont Holding
- ZimVie Inc.
- Envista
- Ivoclar Vivadent AG
- GC Corporation
- Other Key Players
Recent Development of the Restorative Dentistry Market
- ZimVie Inc. gained FDA approval to introduce the Encode Emergence Healing Abutment and T3 PRO Tapered Implant in the US in June 2022.
- In April 2022, Sonendo, a medical technology firm specializing in revolutionizing endodontic treatment, unveiled the CleanFlow instrument. This tool, designed for the GentleWave system, offers a less invasive alternative to traditional root canal therapy.
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