(PharmaNewsWire.Com, March 02, 2021 ) According to the new market research report restorative dentistry market is expected to reach USD 21.27 Billion by 2022 from an estimated USD 15.60 Billion in 2017, at a CAGR of 6.4% during the forecast period.
Rapid growth in the geriatric population and the associated increase in the prevalence of edentulism, growing dental tourism, rising incidence of dental caries and other periodontal diseases, increasing demand for advanced cosmetic dental procedures, and increasing dental expenditure along with growth in disposable incomes are the factors driving the growth of this market.
Players in the global restorative dentistry market, such as DENTSPLY SIRONA Inc. (US), Institut Straumann (Switzerland), Mitsui Chemicals, Inc. (Japan), Ivoclar Vivadent AG (Liechtenstein), Zimmer Biomet Holdings, Inc. (US), and Septodont Holding (France) are focusing on increasing their presence in the high-growth markets through both organic as well as inorganic growth strategies of product launches, partnerships, agreements, expansions, and acquisitions. Danaher Corporation (US), 3M Company (US), and Ultardent Products, Inc. (US) are some of the players focusing on organic growth strategy of new product launches to enhance their market presence.
DENTSPLY SIRONA is one of the leading companies in the global restorative dentistry market. The company offers a robust and broad product portfolio for restorative dentistry. Its product portfolio includes restorative material ( composites, adhesives, liners, glass ionomers, amalgams, and cement), dental equipment, dental implants, and dental prosthetics. The company focuses on increasing its presence in this market through continuous R&D to provide technologically advanced products to its customers. The company has a well-established presence in the European market, particularly in Germany, Sweden, France, the UK, Switzerland, and Italy. The company mainly focuses on product development to enhance its presence in the restorative materials market.
Since 2015, DENTSPLY SIRONA launched various dental products, such as CEREC (comprehensive and proven digital system), CEREC Zirconia, and Calibra Esthetic Resin Cement. The company also focuses on acquisitions as a key part of its growth strategy. In September 2016, DENTSPLY SIRONA acquired MIS Implants Technologies Ltd. (Israel), a dental implant and prosthetics manufacturer. This acquisition helped the company to broaden its product offerings and established itself in the global dental industry. Moreover, DENTSPLY SIRONA also focuses on partnerships and agreements with other organizations to improve and expand company’s technologies, product offerings, and sales & services infrastructure.
Danaher is also a leading player in the restorative dentistry market. The company offers a wide range of dental consumables and equipment, restorative materials, equipment, and prosthetic materials, under the Kavo, Kerr, and Nobel Biocare brands. The company caters to a large number of end users, including general dentists, dental specialists including prosthodontists, implantologists, dental hygienists, dental laboratories, and educational, medical, and governmental entities.
The company entered the dental business in 2000 through the acquisition of Kerr, KaVo, and Gendex, and has further enhanced its geographic presence and product & services portfolio through subsequent acquisitions of Sybron Dental Specialties (US), PaloDEx Group Oy (Finland), and Nobel Biocare (Switzerland), in 2006, 2009, and 2014, respectively. Moreover, the company also focuses on developing new products, strengthening its existing product line, and increasing its market share through product launches.
Ivoclar Vivadent is another prominent player in the restorative dentistry market. The company offers a broad spectrum of products for dental restoration, including alloys, all-ceramics, digital equipment, furnaces, metal ceramics, CAD/CAM materials, laboratory composites, resins, and other equipment. Ivoclar Vivadent has a well-established geographic presence in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The company strategically focuses on the launching of new products to enhance its product portfolio and establish itself in the restorative dentistry market. In addition, the company focuses on partnerships to establish a strong foothold in the restorative dentistry market. In March 2015, Ivoclar Vivadent partnered with KaVo Dental (Germany) to process its IPS e.max CAD blocks with KaVo’s Arctica CAD/CAM system.
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