Dental Surgery Instruments Market Rising Demand for Cosmetic Dentistry Procedures
According to The Insight Partners market research titled 'Dental Surgery Instruments Market to 2027 - Global Analysis and Forecasts by Product, Therapeutic Area, and End User.' The global Dental Surgery Instruments market is expected to reach US$ 8,002.27 Mn in 2027 from US$ 4,868.42 Mn in 2018. The market is projected to grow with a CAGR of 5.8% from 2019-2027. The report provides trends prevailing in the global dental surgery instruments market and the factors driving the market and also the factors that act as hindrances.
Among the regions, in 2018, Asia Pacific accounted as the fastest growing region in the global dental surgery instruments market and is projected to grow at a faster pace over the forecast period. The growth of the dental surgery instruments market in this region is primarily due to increasing awareness regarding oral health, rising dental tourism in countries such as India and South-East Asian countries as well as high technology based dental services in South Korea and Japan.
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Dental Surgery Instruments Market Competitive Landscape and Key Development
The Dental Surgery Instruments market majorly consists of players such as Dentsply Sirona Inc., Danaher, 3M, Coltene Holding Ag, Brasseler USA, A-Dec Inc, Hu-Friedy Manufacturing Company, LLC, Integra Lifesciences Holdings Corporation, Nakanishi Inc. Biolase, Inc. among others. Several companies in the market are concentrating on organic strategies, such as product launch and product approvals. For instance, in July 2019, Dentsply Sirona has launched a device namely MultiMate Cube and MultiMate Cube pre ensure a high level of process reliability and guarantee cutting-edge firing results to the dental market. These devices will deliver the A multiple stage heating program and a two-stage cooling program and ensure a high level of process reliability and guarantee cutting-edge firing results.
Major factors boosting the growth of market include the rising incidence of dental diseases, rising demand for cosmetic dentistry, and technological developments in dental surgery instruments market are anticipated to drive the growth of the market. However, less access of dental care in rural areas and less reimbursement for dental surgeries and high cost of dental surgical process is likely to hamper the growth of the market.
Rising Incidence of Dental Diseases
The prevalence of dental and oral conditions like, dry mouth, tooth loss, tooth canal infection cavities, and dental trauma is rising around the world. Periodontal diseases, injuries, tooth decay, and accidents are among the major causes of tooth loss. According to a report of the American College of Prosthodontists (ACP), 178 million Americans are losing at least one tooth per month. Moreover, on an average, 40 million people in the US are losing all of their teeth. Additionally, according to a report of the American Association of Endodontic, over 15 million root canal procedures are performed every year, with >41,000 procedures performed per day. According to the data published by the “Global Burden of Disease Survey” in 2016, oral disorders affected at least 3.58 billion people worldwide, with permanent teeth caries being identified as the most prevalent of all conditions. Globally, 2.4 billion adults are estimated to suffer from permanent teeth caries, with 486 million children suffering from primary teeth caries.
Further, support from various governments are also helping people in gaining access to treatments for their dental problems.
Rising Demand for Cosmetic Dentistry Procedures
The dental cosmetic industry has gained a substantial traction and fame over a period. The field aims at improving the appearance of gums, teeth, and different type of teeth bites. Cosmetic surgeries in dentistry also involve smile correction and other aesthetic procedures. The increasing demand for the cosmetic dentistry procedures has thus fueled the need for dental implants and accessories. Dental implants are usually associated with the dental treatments in senior citizens; however, a growing number of younger people are now opting for dental implantation procedures instead of dental bridges. Apart from their functionality, dental implants also go well with the trend of natural-looking teeth and can last as long as the regular teeth.
As per a survey of dental professionals conducted by the American Academy of Cosmetic Dentistry (AACD) in 2015, cosmetic dental procedures are popular among the people seeking for dental cosmetic treatments.
Dental Surgery Instruments Market: Segmental Overview
The global dental surgery instruments market, based on the product, has been segmented into instruments and consumables. In 2018, the instruments segment accounted for the largest market share in the global dental surgery instruments market by product. The presence of various manufacturers offering dental surgery instruments in the market, coupled with the technological advancements is expected to drive the growth of the segment at a significant rate during the forecast period.
Growth strategies such as product launch have been significantly witnessed in the dental surgery instruments market, which has helped the company to strengthen its customer base. For instance, in September 2019, Dentsply Sirona and Carbon, launched A new premium digitally printable denture workflow and material system, which provides significant advancements in terms of material benefits, the laboratory process, and function for the patient.
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