Mineral Trioxide Aggregate (MTA) Market to reach US$ 70,150.0 thousand in 2027 COVID-19 Impact and Global Analysis by Type Application and Geography
According to the latest study on 'Mineral Trioxide Aggregate (MTA) Market Forecast to 2027 – Covid-19 Impact and Global Analysis by Type and Application', the market is expected to reach US$ 70,150.0 thousand in 2027 from US$ 45,600.0 thousand in 2019. The market is estimated to grow with a CAGR of 5.7% from 2020 to 2027. The report provides trends prevailing in the global mineral trioxide aggregate (MTA) market and the factors driving market along with those that act as hindrances.
Mineral trioxide aggregate is endodontic cement which is mainly composed of tricalcic silicate, tricalcicalluminate, bismuth oxide. It is of two types gray MTA and white MTA. It is widely used as a dental root repair material and is used during dental procedures like apexification, repairing root perforations during root canal therapy, and internal root resorption. The global mineral trioxide aggregate (MTA) market is driven by factors such as increasing prevalence of dental diseasesand growing dental industry. However, challenges in endodontic and dental healthis likely to obstruct the growth of the mineral trioxide aggregate (MTA) Market during the forecast period.
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Mineral Trioxide Aggregate (MTA) Market Competitive Landscape
Ultradent Products Inc, Coltene Group., Dentsply Sirona, BIOMTA, Avalon Biomed, Pyrax Polymars, Angelus Indústria de Produtos Odontológicos S/A, Medicept, NuSmile, Endocem MARUCHI Co,.Ltd.are among the leading companies operating in the Mineral Trioxide Aggregate (MTA) market.
The key factors that are driving growth of the mineral trioxide aggregate (MTA) market are increasing prevalence of dental diseases and growing dental industry. Moreover, the trend of cosmetic dentistry is likely to have positive impact on the market. However, challenges in endodontic and dental health such as lack of government policies, and absence of regulations to overcome dental diseases are likely to restrict the market growth.
Increasing Prevalence of Dental Diseases
Mineral trioxide aggregate (MTA) is a versatile material and has various clinical applications. In the field of dentistry, MTA can be used in many ways during endodontic treatment procedures of both primary as well as permanent tooth.
The high prevalence and recurrent nature of dental caries and periodontal disease demand for endodontic treatment procedures. According to World Health Organization, the Global Burden of Disease Study 2017 reported that untreated dental caries in permanent teeth is the most common health condition among population. It has also reported that 2.3 billion adults suffer from dental caries of permanent teeth and over 530 million children suffer from dental caries of primary teeth (milk teeth) across the globe.
As per the statistics from NHS Digital published in September 2018, the number of hospital admissions for tooth decay among children aged 5–9 years rose from 25,875 during 2015–2016 to 26,111 during 2017–2018. Over 45% of adults in the UK are affected by gum disease which further leads to periodontal diseases. Even at its most mild level, it can affect the patient’s quality of life. Thus, the growing prevalence of tooth decay and gum diseases in the UK is likely to favor the growth of the market during the forecast period.
Mineral Trioxide Aggregate (MTA) Market Segmentation Review
Based on the type, the global mineral trioxide aggregate (MTA) market is segmented into gray and white. The white segment accounted for the largest market share in the global mineral trioxide aggregate (MTA) market in 2019. Esthetic concerns associated with the traditional gray MTA, has led to development of White MTA (WMTA). Growing demand for cosmetic dentistry and product developments by the market players are likely to enhance the market growth of the segment during the forecast period. Based on the application, the mineral trioxide aggregate (MTA) market is segmented into retrograde filling, perforation repair, apexification, vital pulp therapy, and others.
Based on application, the mineral trioxide aggregate (MTA) market has been segmented into retrograde filling, perforation repair, apexification, vital pulp therapy, and others. The perforation repair segment held the largest share of the market in 2019; however; the retrograde filling segment is estimated to register the highest CAGR in the market during the forecast period.
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