by The dental caries treatment market is estimated to be valued at US$ 6,921.73 Mn 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, also known as cavities or tooth decay is a common disease that damages the hard tissues of the teeth. It occurs through the demineralization and destruction of the dental hard tissue crystals due to the action of the organic acids that are produced by the oral bacteria. Dental caries is one of the most prevalent oral health conditions worldwide. The treatment of dental caries includes the use of restorative dental materials such as dental composites and dental cements to replace the damaged tooth structure. Dental fissure sealants are also used to prevent the occurrence of dental caries by sealing the fissures and pits in the teeth.
Market Dynamics:
Rising prevalence of dental caries is expected to drive the growth of the market over the forecast period. According to the data published by National Health Services UK, in 2019, approximately 24% of 15 year olds in England, Wales and Northern Ireland had experience of dental decay. Furthermore, the increasing demand for minimally invasive and advanced dental caries treatment procedures will also boost the market growth. For instance, new materials such as novel glass ionomer restoratives and resin-modified glass ionomer restoratives provide long term retention in minimally invasive cavities. Moreover, technological advancements in dental imaging such as 3D CBCT imaging and intraoral cameras help improve diagnosis and treatment planning which in turn increases the demand for dental caries treatment.
SWOT Analysis
Strength: Dental Caries Treatment Market Growth has experienced consistent growth over the past few years, indicating a growing demand. There is a large consumer base that requires dental caries treatment. Technological advancements in treatment procedures have improved efficacy and reduced risk of complications.
Weakness: High cost of advanced dental caries treatment procedures can limit their adoption in developing regions. Lack of dental health insurance coverage in some countries poses affordability challenges.
Opportunity: Rising awareness about oral hygiene and the role of diet in dental health presents an opportunity. Governments are working to increase access to dental care through affordable insurance plans. Untapped growth potential exists in developing Asian and African markets.
Threats: Low treatment seeking rate for dental issues in rural areas remains a challenge. Alternative treatment approaches like herbal remedies can impact mainstream adoption. Stringent regulations can delay market approval of new technologies and products.
Key Takeaways
The global dental caries treatment market is expected to witness high growth, exhibiting a CAGR of 4.8% over the forecast period, due to increasing awareness about oral healthcare and treatments.
Regional Analysis
North America currently dominates the market, with the highest number of dentists and prevalence of dental caries. Asia Pacific is expected to grow the fastest, driven by rising incomes, growing medical tourism, and awareness expansion programs in China and India.
Key Players Analysis
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.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
