by Dental caries, popularly known as cavities or tooth decay, is one of the most common oral health conditions worldwide affecting people of all age groups. It is caused due to demineralization of enamel and dentin of teeth by acidic byproducts from bacterial fermentation of dietary carbohydrates. Dental caries if left untreated can cause pain, infection, and even tooth loss.
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 key trends:
Technological Advancements in Dental Filling Materials and Devices for Caries Detection and Treatment
One of the major trends driving the growth of the dental caries treatment market is the technological advancements in dental filling materials and devices for caries detection and treatment. Manufacturers are focusing on development of novel filling materials as well as detection devices with improved properties such as biocompatibility, aesthetics, strength and durability. Some of the key advancements include advent of resin based composites and glass ionomer cements as advanced filling materials. Further, introduction of devices such as laser fluorescence caries detection aids, digital imaging technologies like cone beam computed tomography etc aids in early and accurate diagnosis thereby supporting market growth over the forecast period.
SWOT Analysis
Strength: Dental caries treatment offers effective solutions for dental problems like tooth decay, cavities, etc. It helps prevent further damage and restore oral health.
Weakness: Some treatment procedures like dental fillings require multiple visits which can be inconvenient. Dental treatments also involve costs which can be a limiting factor.
Opportunity: Rising incidence of dental diseases especially among children and young adults present a significant market opportunity. Growing dental tourism in emerging countries further augments growth.
Threats: Alternative dental treatment solutions like dental implants pose competition. Lack of dental insurance in many regions threatens market expansion.
Key Takeaways
Global Dental Caries Treatment Market Size is expected to witness high growth. The market size of dental caries treatment is forecasted to reach US$ 6921.73 Mn by 2024, expanding at a CAGR of 14% during the forecast period of 2023 to 2030.
Regional analysis:
North America currently dominates the global market and is expected to maintain its lead. However, Asia Pacific region is projected to witness the fastest growth over the coming years. Rising disposable incomes and growing awareness around oral healthcare are factors driving market growth in Asia Pacific countries like India and China.
Key players:
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 key players are focused on new product launches and geographical expansion to gain higher market share.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
