In 2021, the market for Restorative Dentistry worldwide was worth $ 23 billion US dollars. AMR Group projects that the market will reach US$ 38.3 billion by 2031, growing at a CAGR of 9.2 percent between 2023 and 2033.
Industry Overview
The practice of restorative dentistry is defined as the diagnosis, examination, and coordinated therapy of illnesses affecting the teeth and their supporting structures as well as the rehabilitation of the dentition to meet a patient's aesthetic and functional needs. Dental surgical instruments used in restorative dentistry are positioned between the jaws to support a dental prosthesis. Under local anesthesia, these implants or frames are surgically inserted into the jawbone. Plate-form restorative dentistry and root-form restorative dentistry are two of the several tools utilized in restorative dentistry. These implants are constructed from titanium and zirconium. Dentures and bridges are used to support implanted prosthetic teeth and prevent teeth from shifting or slipping when speaking and eating. A growing number of dental offices, an increase in the demand for cosmetic dentistry, and technical advancements in restorative dentistry are all factors contributing to the growth of the restorative dentistry market in the healthcare industry.
The dentist uses restorative dentistry to maintain a patient's mouth's health and functionality. According to the report's intended audience, dental restoration, often known as restorative dentistry, refers to a variety of methods for replacing or restoring lost teeth, missing tooth structure, or missing tooth structures that must be extracted to stop deterioration. Fillings, crowns, implants, bridges, dentures, and tooth removals are examples of dental restorations.
Market Dynamics
The global Restorative Dentistry market is increasing due to the growing demand for implants and cosmetic dentistry, because of the increased emphasis on aesthetics, expanding dental tourism in emerging nations, and rising prevalence of oral health disorders, these are some of the major factors enabling the demand for Restorative Dentistry to grow. According to a World Health Organization (WHO) estimate, vehicle accidents result in the injuries or disabilities of close to 10 million individuals annually. Also, approximately 15 million Americans have implant surgery annually, according to the American Academy for Implant Dentistry undergo bridge & crown replacements for missing teeth, thus facilitating the demand for Restorative Dentistry.
The market for restorative dentistry will increase more quickly as a result of the development of cutting-edge technical solutions. Increased emphasis on aesthetics leading to a significant number of cosmetic dentistry and tooth repair treatments, an increase in the use of restorative materials to create dental restorations, and a rising use of biomaterials by dental professionals are all contributing to this trend. Furthermore, throughout the projection period, the high cost of restorative surgeries and treatments is anticipated to restrain market growth.
COVID Impact
The COVID-19 pandemic gave a negative impact on the Restorative Dentistry business market. The COVID-19 epidemic had a detrimental effect on the market expansion for dental restorations. During the epidemic, the majority of minor and non-emergency operations were postponed or cancelled. Also, study investigations showed that dental surgeons were more susceptible to catching and spreading the coronavirus owing to dental treatment techniques. So, due to the aforementioned reasons, numerous unnecessary dental operations were stopped all over the world.
Regional Trend
Geographically, Europe dominated the Restorative Dentistry market and had the largest revenue share of 39.3% market share in 2022. The growth in this region can be attributed to due to the high adoption of tooth implants, the presence of a large number of Restorative Dentistry manufacturers, favorable reimbursement policies, and the continuously growing geriatric population, increases the demand for Restorative Dentistry in this region. In 2021, North America is anticipated to account for the second-largest market share. The increasing frequency of edentulous people and the rising number of dentists in the United States are the main drivers propelling the market expansion.
Due to the area's rapid healthcare infrastructure development, its high population of people with dental problems, and the surge in medical tourism, the Asia Pacific region is predicted to provide exceptional restorative dentistry market potential. The importance of early identification and treatment has increased as a result of parents' increased knowledge of the possible long-term implications of dental procedures on patients.
Competitive Landscape
Key players operating in the Restorative Dentistry Market include 3M Company, COLTENE Group, Danaher Corporation, Den-Mat Holding, Dentsply Sirona, DMG Chemish- Pharmaceutische Fabrik GmbH, GC Corporation, Henry Schein, Inc., Institut Straumann AG, Ivoclar Vivadent AG, Kerr Corporation, Keystone Dental Group, Kuraray Co. Ltd., Mitsui Chemicals, Inc., Nobel Biocare Services AG, Osstem Implant Co. Ltd., Septodont Holding, SHOFU Dental GmbH, Ultradent Products Inc., VOCO GmbH, Zhermack SpA, Zimmer Biomet and ZimVie Inc. among others. In June 2022, ZimVie Inc. introduced T3 PRO Tapered Implant and Encode Emergence Healing Abutment in the US following approval from the US Food and Drug Administration.
Key USP’s-
Dentsply Sirona and VITA Zahnfabrik introduced CEREC MTL Zirconia in September 2021. Its zirconium oxide supplemented with yttrium oxide is a unique color technology that combines a multilayer colour gradient with excellent translucency to provide extremely natural aesthetics without sacrificing strength.
Market Segmentation
Based upon the Product in the Restorative Dentistry market is segmented in Restorative Materials, Implants, Prosthetics, and Restorative Equipment. The Restorative Materials type dominated the Restorative Dentistry market in 2021. Restorative Materials segment rises due to their extensive knowledge about the use of these implants, their high suitability for fabrication, and their high success rate. In 2022, restorative materials held the largest market share, at around 43.6%. The quick expansion of the market is linked to aesthetics' growing importance, which has led to an increase in cosmetic dental operations. The acceptance of biomaterials in dentistry and their extensive application in the creation of dental restorations are also being driven by the high number of tooth repairs. In addition, new equipment technologies have improved the restoration's accuracy and quality.
End user segment of Restorative Dentistry market is further bifurcated into Dental Hospitals and Clinics, Dental labs and Research and Teaching Institutes. In 2021, the dental and orthodontic clinics sector accounted for a sizable portion of the worldwide market. Demand for medical equipment, including Restorative Dentistry, is high in Dental & Orthodontic clinics due to the rising number of patients visiting for treatment.
By Product
• Restorative Materials
o Direct Restorative Materials
Amalgam
Composites
Glass ionomer
Other Direct Restorative Materials
o Indirect Restorative Materials
All-ceramic
Metal Ceramic
Metal Alloys
Other Indirect Restorative Materials
o Biomaterials
o Bonding Agents/ Adhesives
o Impression Materials
• Implants
• Prosthetics
• Restorative Equipment
o CAD/CAM Systems
o Hand pieces
o Rotary Instruments
o Light Curing Equipment
o Casting Equipment
o Mixing Equipment
o Articulating Equipment
o Other Equipment
By End User
• Dental Hospitals and Clinics
• Dental labs
• Research and Teaching Institutes