Smart Home Automation Segment Is The Largest Segment Driving The Growth Of Dental Caries Treatment Market
The global Dental Caries Treatment Market is estimated to be valued at US$ 6921.73 Mn or Million in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Dental caries or tooth decay occurs due to the demineralization of enamel and dentin under the influence of acids produced by bacteria. It can be prevented through regular brushing and fluoridated toothpaste. Dental caries are treated through restoration methods such as fillings, crowns, and root canal treatment to repair damaged tooth structure.
Market key trends:
One of the key trends in the dental caries treatment market is the rising adoption of dental sealants. Dental sealants are plastic coatings painted on the chewing surfaces of back teeth to prevent dental caries. They fill in and protect fissures and grooves of teeth from decay-causing bacteria. Several studies have shown that sealants reduce dental caries by 80% when compared to non-sealed teeth. Hence, dental professionals are increasingly recommending dental sealants to children as well as adults as a preventive measure for tooth decay.
Market key trends:
Increasing prevalence of dental caries or tooth decay is one of the key trends driving the growth of the dental caries treatment market. As per the World Health Organization, dental caries is one of the most common chronic diseases globally. It affects approximately 2.3 billion individuals or close to 50% of the world's population. This high prevalence has resulted in increased demand for effective dental caries treatment options over the years. Additionally, rising awareness regarding oral health and growing focus on dental aesthetics are also fueling the market growth.
SWOT Analysis
Strength: The Dental Caries Treatment Market Growth has various effective treatment options such as dental restorations, medications, and preventive therapies. This wide range of treatments strengthens the market position.
Weakness: High costs associated with advanced dental caries treatment procedures can limit their adoption in price-sensitive regions.
Opportunity: Rising medical tourism in developing nations and growing demand for cosmetic dentistry present lucrative growth opportunities.
Threats: Limited access to dental care in underdeveloped areas and reimbursement issues pose major threats.
Key Takeaways
The global dental caries treatment market is expected to witness high growth, exhibiting CAGR of 4.8% over the forecast period, due to increasing dental tourism across Asia Pacific and Latin America.
Regional analysis
Asia Pacific region is anticipated to grow at the fastest rate owing to rapidly developing healthcare infrastructure, increasing medical tourism, and growing dental issues associated with changing lifestyles in countries such as India, China, and Japan. North America currently dominates the market supported by rising prevalence of dental diseases and presence of advanced dental care facilities in the region.
Key players
Key players operating in the dental caries treatment market are Morita Corporation, Alpha Dent Implants Ltd., Shofu Dental Corporation, Coltene Group, 3M Company, Institut Straumann AG, Zimmer Biomet, Dentsply Sirona Inc., DiaDent Group International, and Essential Dental Systems Inc., among others.
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