Increasing aging population driving the global dental adhesive market. Factors such as improper food habits
NEW YORK , NEW YORK, UNITED STATES, September 15, 2021 /EINPresswire.com/ — According to the current analysis of Reports and Data, the Global Dental Adhesives Market was valued at USD 2.06 billion in 2019 and is presumed to grow exponentially at a CAGR of 6.30% to reach a valuation of USD 3.47 billion by 2027. Reasons for the growth of the dental adhesive market are improper food habits in the younger generation have been the root cause of several ailments and conditions. Tooth decay, tooth erosion, and other tooth conditions, etc. The WHO’s factsheet says that nearly 60% to 90% school children and 100% of adults have an oral cavity or other related problem around the world. Besides this, the incidence of severe periodontal diseases is also soaring high in the dental adhesive market, thereby creating an environment conducive to the growth of the global dental adhesive market. Dental adhesives are used to ensure that a denture adheres well to the oral mucosa. They are available in diverse formulations such as powders, creams, liquids, wafers, and pads. The dental adhesive market is a barrier that help to prevent cavities. The material is made of plastic and is usually applied on the back of chewing surface of a tooth (mostly molars and premolars), as they are most susceptible to tooth decay. The dental adhesive market says an in-depth roundup of the various factors responsible behind the positive trajectory exhibited by the global dental adhesives and sealants market between 2016 and 2024. It also includes a detailed list of the restraints posing threat to the market. To provide a detailed assessment of the factors impacting the market, it studies the effect of Porter’s five forces on it. The analysis helps in gauging the bargaining power of suppliers and buyers, the threat from substitute and new entrants, and the prevailing competitive dynamics. The dental adhesive market thus compiles exhaustive information aimed at helping the patients get a better understanding of the global dental adhesive market.
The oral care campaigns by private companies and governments has tremendously contributed to raising awareness among the people. Increasing healthcare expenditure and more emphasis on improving outcomes of dental procedures, increasing geriatric population are the major drivers of dental adhesive market. In addition, the technological advancements in dental care and medical devices holds promise for rising opportunities for the dental adhesive market in the near future Despite witnessing positive growth over the past few years, lack of dental hygiene among adults worldwide and high cost of dental treatment, stringent regulations create an obstruction for the market growth in upcoming years.
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Technological advancements and rapid digitization have streamlined the daily operations of the pharmaceutical industry. Increasing spending on medicine due to growing geriatric populace, rising incidence of chronic diseases, increasing number of product launches, and growing number of R&D activities are some key factors contributing to revenue growth of the market. Increasing focus on patient engagement solutions, rising focus to cater to growing unmet clinical demand, adoption of advanced technologies to streamline workflows in healthcare sector, and availability of skilled healthcare professionals has been positively impacting the pharma & healthcare industry. The emergence of COVID-19 pandemic has further increased focus on healthcare facilities, teleconsultation and telemedicine, and increased burden on the healthcare industry compelling governments and companies to invest heavily to cater to the growing global demand.
Further key findings from the report suggest
• The dental adhesive market is growing at a CAGR of 7%in Asia Pacific followed by North America and Europe, with 6.6% and 6.6% CAGR, respectively. High rise in dental disease across the globe is the key factor to accelerate market growth during the forecast period across all regions.
• Denture adhesives are the dominating segment in dental adhesive market which holds 35.0% of the global market because they are the barriers that help to prevent cavities.
• Cream segment is expected to have the highest CAGR of 7.7% and tends to be the highest growing segment in the Dental adhesive market.
• The Asia Pacific is expected to account for 24.5% of the global dental adhesive market. Developing nations such as China and India are likely to witness high growth
• The increasing use of dental adhesives in the dental hospitals & clinics owing to a large geriatric population requires a high demand for various dental procedures and dental adhesives.
• Key participants include dentsply Sirona Inc., Procter & Gamble Co., 3M Company, GlaxoSmithKline, Danaher Corporation, Ultra dent Products, Inc. ,Ivoclar Vivadent AG , Voco GmbH , Tokuyama Dental Corporation Inc. ,GC Corporation, Dent aid , Kuraray Noritake Dental Inc. , ICPA Health , Medicals Co. Ltd., Sun Medical Co., Ltd.
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For the purpose of this report, Reports and Data have segmented the dental adhesive market on the basis of application, denture adhesives, end-use, and region:
Denture Adhesive Outlook (Revenue, USD Million; 2017-2027)
Application Outlook (Revenue, USD Million; 2017-2027)
• Pit & Fissures
End-Use (Revenue, USD Million; 2017-2027)
• Dental Hospitals and Clinics
• Dental Institutions and Colleges
Regional Outlook (Revenue in USD Million; 2017–2027)
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
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Source: EIN Presswire