Hospitals & clinics segment is expected to drive the growth of the global restorative dentistry market by end user
According to a new market research study titled ‘Restorative Dentistry Market - Global Analysis and Forecasts by Product, and End User.’ The global restorative dentistry market is expected to reach US$ 28,228.9 Mn in 2027 from US$ 16,337.5 Mn in 2018. The market is estimated to grow with a CAGR of 6.5% from 2019-2027. The report highlights the trends prevalent in the global restorative dentistry market and the factors driving the market along with those that act as deterrents to its growth. The market is expected to grow due to the increasing prevalence of tooth loss, a growing number of dental practices, increasing demand for cosmetic dentistry, and technological developments in the restorative dentistry. However, limited reimbursement available for dental procedures and high costs of restorative materials is likely to hamper the market growth.
Global restorative dentistry market, based on the end user, was segmented into hospitals & clinics, dental laboratories, and dental schools & research institutes. In 2018, the Hospitals and clinics segment held the largest market share of 45.1% of the restorative dentistry market, by end user. This segment is also expected to dominate the market in 2027 owing to the rising geriatric population as well as the increasing number of private dental hospital and clinics chain across the globe. Additionally, increasing consolidation among the hospitals is also a major factor propelling the growth of the segment in the coming years.
Some of the prominent players operating in remote patient monitoring devices market are Dentsply Sirona Inc., Danaher Corporation, 3M, Ivoclar Vivadent AG, Ultradent Products, Inc. Institut Straumann AG, Zimmer Biomet Holdings, Inc., GC Corporation, Mitsui Chemicals, Inc., Voco Gmbh, Brasseler USA and DiaDent Group International. The market players are focused on bringing new and innovative products through inorganic activities to sustain their position in the market. For instance, in October 2016, Ivoclar Vivadent introduced Cention N, which is an affordable, metal-free filling material that meets the demand for mercury-free restorations.
The report segments the global remote patient monitoring devices market as follows:
Global Restorative Dentistry Market – By Product
Global Restorative Dentistry Market – By End user
Global Restorative Dentistry Market – By Geography
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