The dental caries treatment market comprises products that help arrest the progression of tooth decay and restore damaged tooth structure. This includes dental materials such as dental sealants, flouride treatments, antimicrobial treatments, and restorative materials such as amalgams, composites, glass ionomers, and resin ionomers. The increasing prevalence of tooth decay worldwide primarily due to changing lifestyles and dietary habits has fostered the demand for effective dental caries treatment solutions.
The global dental caries treatment market is estimated to be valued at US$ 6921.73 Mn in 2023 and is expected to exhibit a CAGR of 14.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Opportunity:
The rising incidence of tooth decay presents a major market opportunity for players in the dental caries treatment market. Dental caries is a widespread problem facing all age groups globally. According to the World Health Organization (WHO), approximately 3.58 billion people worldwide suffered from dental caries in the permanent teeth in 2020. While untreated dental caries is found in around 35-45% of adults and nearly 59% of children worldwide aged 5-19 years. This heavy disease burden and lack of access to dental care in many countries creates a fertile ground for manufacturers of effective dental caries treatment solutions. Novel technologies and product innovations aimed at preventing tooth decay progression as well as non-invasive restorative approaches could gain widespread adoption.
Porter's Analysis
Threat of new entrants: The industry requires significant investment in R&D for new product development and there are strict regulatory requirements which makes entry difficult.
Bargaining power of buyers: There are many existing players in the market providing substitutes hence buyers have high bargaining power.
Bargaining power of suppliers: Suppliers of raw materials like calcium carbonate, arginine etc have lower bargaining power as there are many suppliers.
Threat of new substitutes: Products based on new technologies like photodynamic therapy pose a threat to substitutes, however dental caries treatment still remains the primary treatment option.
Competitive rivalry: The market is dominated by few large players and regional players which leads to high competitive rivalry.
SWOT Analysis
Strength: Established brands, technology leadership of few players, strong distribution network.
Weakness: High R&D and marketing costs, pricing pressure from generic players.
Opportunity: Growing geriatric population prone to dental issues, prevention awareness campaigns.
Threats: Stringent regulations, reimbursement issues.
Key Takeaways
Global Dental Caries Treatment Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The market size for 2024 is projected to reach US$ 6921.73 Mn registering a CAGR of 14%.
Regional Analysis: The North American region currently dominates the market due to high dental healthcare expenditure and developed dental infrastructure. However, the Asia Pacific region is expected to be the fastest growing market led by China and India due to the large population base and increasing awareness regarding dental health.
Key players operating in the dental caries treatment market are Georgia-Pacific LLC, International Paper Company, Lenzing AG, Grasim Industries Ltd., Sateri Holdings Limited, Aditya Birla Group, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd., Barnhardt Manufacturing Company, Shanghai Textile Raw Materials Corporation, Shandong Silver Hawk Chemical Fibre Co., Ltd., Thai Rayon Public Company Limited, Xinjiang Zhongtai Chemical Co., Ltd., Shandong Demian Incorporated Company, Gujarat Ambuja Exports Limited, and North Alabama Cotton Cooperative. These players are focused on new product development and geographic expansion strategies to gain market share.
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The global Dental Caries Detectors Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the dental caries detectors market include KaVo Dental, LLC., Air Techniques Inc., DENTSPLY Sirona, Aceton group, Hu-Friedy Mfg.
Co., Quantum Dental Technologies, DentLight Inc., AdDent, Inc.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Dental Caries Detectors Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/dental-caries-detectors-market/download-sampleMarket DynamicsThe high prevalence of tooth-related disorders among people of all age groups is the primary driver for the market’s growth.
Consumers are becoming more aware about the importance of oral health which is seen as a prominent market booster in the coming years.
