Tooth Filling Materials Market will expand at 3.8% CAGR to hit USD 1.5 bn by 2024
Russia tooth filling materials market was valued at over USD 62.2 million in 2017 and is projected to secure healthy CAGR in prescribed time-frame owing to high dental caries prevalence in the country.
Sellbyville, United States – December 18, 2018 /MarketersMedia/ —
Germany tooth filling materials market dominated the Europe region and accounted for total revenue of USD 66.9 million in 2017. In last few years, the cases of oral disorders such as dental caries, dental decay and dental lesions among children and adults in the region has increased at a considerable rate and is expected to grow in the forthcoming years. This increase in prevalence of oral disorders will propel the tooth fillings demand in Germany.
Global Tooth Filling Materials Market will exceed USD 1.5 billion by 2024; according to a new research study published by Global Market Insights, Inc. Dental caries is one of the major and most common oral problems affecting children and adults globally. Dental caries is a lifetime diseases and is more prevalent in children from age group 6 years to 12 years. Over the last few years, the prevalence and severity of major oral disorders such as dental carious lesions or dental carries among children and adults have risen considerably. Rise in prevalence of dental caries across the globe will result in growing demand for dental fillings, thereby fueling the growth of tooth filling materials market in the forthcoming years.
Increase in incidents of mercury poisoning due to the use of silver amalgam tooth fillings will hamper the market growth. Dental amalgams consist of around 45% to 55% of mercury and is a known neurotoxin that may cause harm to humans, especially children, pregnant women, and fetuses. Growing side effects of silver amalgam may impede the growth of tooth filling materials market growth.
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Direct tooth filling materials held the majority market share and was valued around USD 926.1 million in the year 2017. The growing demand is attributed to several advantages offered by direct dental fillings such as resistant to corrosion, perfect cavity fitting, better strength and good biocompatibility. Increase in preference of people towards direct tooth filling materials will enhance the business growth.
Ceramic tooth filling materials market is estimated to grow at a robust CAGR of 4.9% during the forecast timeframe. Ceramic or porcelain fillings is one of the essential tooth fillings to cover up the dental cavity and is shaped to fit the cavity perfectly. The material used in the ceramic filling is similar to the color of teeth and gives a natural look and blends in perfectly. Growing demand and preference of people towards dental aesthetics will augment the growth of ceramic tooth filling materials market in the near future.
Dental clinics end-use market segment accounted for around USD 665.9 million in the year 2017. Low service cost, easy accessibility and increase in number of people opting for dental clinics for their common oral health problems such as dental caries, dental lesions and dental cavities will impact the growth of tooth filling materials market in dental clinics.
China tooth filling material market is estimated to expand at a CAGR of 4.3% during the projection period. Early childhood caries (ECC) is the most common type of chronic oral disease among the children in China. Prevalence rate of ECC has been reported very high among the Asia Pacific region. Proper and advanced oral healthcare treatment in China, growing dental caries prevalence trends, and growing awareness regarding oral health will augment the China tooth fillings market growth in future.
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Some of the leading players in the tooth filling materials market include SDI limited, Coltene Whaledent, DENTSPLY International, Ivoclar Vivadent, Kerr Corporation, Kuraray Noritake Dental, Shofu dental and VOCO GmbH. The companies mainly focus on important strategic decisions such as increase in the research and development investment and expansion of product portfolio. Also, mergers and acquisitions have increased the operational capabilities of the companies and has resulted in increased efficiency to sustain in the market by providing better products.
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Name: Arun Hegde
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Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/pressrelease/tooth-filling-materials-market
Source: MarketersMedia
Release ID: 461399
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