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Main article: Dentistry
Chronicle
2023
Global Bone Regeneration Dental Products Market Size Reaches $5.43 Billion for the Year
In 2023, the global market for dental products for bone tissue regeneration amounted to approximately $5.43 billion. This is 6.4% more compared to 2022, when costs were estimated at $5.1 billion. The industry is showing steady positive dynamics, as stated in Market Research Future materials released in mid-July 2024.
Directed regeneration is considered one of the most important methods of modern dentistry. The technology is also used to restore the alveolar bone. Among the key drivers that stimulate the development of the market, analysts call the growth of the elderly population and the manifestation of hereditary caries. More people understand that dental regeneration can lead to improved oral health, a more attractive smile and the prevention of invasive dental surgeries. At the same time, there are also restraining factors: these are primarily high prices for dental materials and equipment.
Among the significant players in the industry in question are named Smile Dental Care, Heartland Dental, Apollo White Dental, My Dentist, Floss Dental Clinic, Integrated Dental Holdings, Axiss Dental, Aspen Dental Clinic, Delta Dental and Clove Dental. From a regional point of view, North America is the largest market for dental products for bone tissue regeneration: in 2022, revenue here amounted to approximately $2.3 billion, which corresponds to 45% of total costs. Europe is in second place, while the Asia-Pacific region closes the top three with the highest growth rate.
Market Research Future analysts believe the industry will post a CAGR (Compound Percentage CAGR) of 6.5%. As a result, spending is expected to reach approximately $9 billion by 2032.[1]
The volume of the global market for orthodontic materials approached 6% to $3 billion
At the end of 2023, the global market for orthodontic consumables reached $2.97 billion. For comparison, a year earlier, costs in this area were estimated at $2.8 billion. Thus, growth was recorded at 6%. This is stated in the Market Research Future review, published in mid-July 2024.
Analysts cite several factors that contribute to the development of the industry. This is in particular the growing awareness of patients about oral aesthetics. People around the world are paying increasing attention to dental health. In addition, orthodontics are moving into a new era of technological innovation. The introduction of advanced tools such as dental lasers and 3D printing opens up new opportunities for dentists. It is noted that the bracket segment in 2023 dominated the global market for orthodontic materials.
Significant players in the industry include Dentsply International, DB Orthodontics, Align Technology, G&H Orthodontics, Rocky Mountain Orthodontics, American Orthodontics and Danaher. In regional terms, North America is in the lead: in 2022, it accounted for about $1.3 billion in revenue. In second place is Europe: there is a growing interest in cosmetic orthodontic treatment, and the set of procedures available to patients is expanding. At the same time, the Asia-Pacific region is showing the highest growth rates. Leading manufacturers are investing heavily in research and development to expand their product range.
According to Market Research Future analysts, the global orthodontic materials market will demonstrate a CAGR (compound percentage CAGR) of 6.3%. As a result, the industry is expected to reach approximately $4.85 billion by 2032.[2]