Dental Biomaterials Market worth $9.6 Billion by 2023 – MarketsandMarkets
The global dental biomaterials market is projected to reach USD 9.6 billion by 2023 from USD 6.7 billion in 2018, at a CAGR of 7.4%.
Dental Biomaterials Market(firmenpresse) - The growing prevalence of dental disorders, rising geriatric population, and the growing dental tourism in emerging countries are the major factors driving the growth of this market. On the other hand, the presence of stringent regulatory and clinical processes is one of the major factors restraining market growth.
The global dental biomaterials market is projected to reach USD 9.6 billion by 2023 from USD 6.7 billion in 2018, at a CAGR of 7.4%. Based on the type, the market is segmented into metallic, metal-ceramic, ceramic, polymeric, and natural dental biomaterials the metallic biomaterials segment accounted for the largest share in 2018. The large share of this segment can be attributed to the increasing penetration of dental implants and the wide applications of metallic biomaterials in dentistry.
The market is segmented into metallic, metal-ceramic, ceramic, polymeric, and natural dental biomaterials the metallic biomaterials segment accounted for the largest share in 2018. The large share of this segment can be attributed to the increasing penetration of dental implants and the wide applications of metallic biomaterials in dentistry.
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Dental Biomaterials Market
Based on the end user, the market is segmented into the dental implant and prosthetic manufacturers, dental laboratories, dental hospitals and clinics, and dental academies and research institutes. In 2018, the dental implant and prosthetic manufacturers segment accounted for the largest of the dental biomaterials market. The large share of this segment can be attributed to the increasing penetration of dental implants and prosthetics, growing adoption of CAD/CAM systems in dental clinics and laboratories, increasing number of dental practices, and the rising awareness on oral diseases.
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Straumann is among the leading players in the dentistry industry. It is a global provider of dental products utilized in implants, restorative dentistry products, and oral tissue generation therapy. The company has a strong brand value and an established geographical presence. In 2017, Straumann reported an increase of 21% in its revenue, compared to 2016. The company is expected to grow further in the coming years due to its increasing focus on countries such as China, India, Argentina, Chile, and Colombia. Straumann significantly invests in R&D, sales, and marketing activities to drive innovation and to capture the growth potential in underpenetrated markets. In order to increase its customer base and maintain its position in the market, the company focuses on various growth strategies such as acquisitions, agreements, and product launches.
Key Market Players
The prominent players in the global market are Institut Straumann AG (Switzerland), Geistlich Pharma AG (Switzerland), Zimmer Biomet Holdings, Inc. (US), Danaher Corporation (US), Dentsply Sirona, Inc. (US), 3M Company (US), Royal DSM (Netherlands), Carpenter Technology Corporation (US), Kuraray Co., Ltd (Japan), Medtronic Plc. (Ireland), Henry Schein, Inc. (US), Mitsui Chemicals ,Inc. (Japan), Victrex Plc (UK), Ivoclar Vivadent AG (Principality of Liechtenstein), GC Corporation (Japan), Keystone Dental, Inc. (US), Datum Dental Ltd (Israel), BEGO Medical GmbH (Germany), and Cam Bioceramics B.V (Netherland).
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Datum: 28.01.2019 - 19:19 Uhr
Sprache: Deutsch
News-ID 587145
Anzahl Zeichen: 3706
contact information:
Contact person: Mr. Shelly Singh
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Phone: 1-888-600-6441
Kategorie:
Dentistry
Typ of Press Release: Financial
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