The North America restorative dentistry market is to reach US$ 9,270.4 Mn in 2027 from US$ 5,479.2 Mn in 2018. The market is estimated to grow with a CAGR of 6.2% from 2019-2027.
The growth of the restorative devices market is primarily attributed due to the rising demand for cosmetic dentistry, rising prevalence of tooth decay, and technological developments in restorative dentistry. However, high cost of restorative dentistry and dental implants are expected to hamper the growth of the market at certain extent.
The North American region is likely to experiencing the growth in the restorative dentistry due to rising demand for cosmetic dentistry. The dental cosmetic industry in the U.S. has growing from last decade owing to the demand and fame it has achieved over a period. Millennial and baby boomers population are generally opt for cosmetic implant procedures such as smile correction and other aesthetic procedures. The growing demand for cosmetic dentistry has thus fueled the Restorative Dentistry market. Restorative Dentistry includes dental implants which are usually coupled with the rising number of geriatric population across the globe, however a growing number of younger people are now opting for dental implantation procedures instead of bridges. Dental implants function as natural-looking teeth and can last as long as regular teeth.
According to American Dental Association (ADA), as of 2018, there are 199,486 dentists are working in U.S. A recent survey of dental professionals conducted by the American Academy of Cosmetic Dentistry (AACD) 2015 stated that cosmetic procedures continue to be popular with patients seeking cosmetic treatments. Furthermore, the Bureau of Labor Statistics mentions that, the dental cosmetic procedures are projected to increase by 19% from 2016 to 2026. Thus, the growing adoption of the cosmetic dental procedures and treatments which also include the application of restorative dentistry will drive the global restorative dentistry market over the coming years.
In addition, during the year 2016 to 2019, various companies have made organic and inorganic growth strategies in the market there are operating. Some of the activities undertaken by the company, which have promoted its growth are, product launches, acquisition and partnership. The organic development strategy has been implemented widely that have helped the growth of the companies and in turn have brought about various changes in the market.
Mexico is expected to be the fastest growing market for the restorative dentistry during the forecast owing to the factors such as rising demand for cosmetic dentistry, rising prevalence of tooth decay among the others.
Exhibit: Mexico Restorative Dentistry Market Revenue and Forecasts to 2027 (US$ Mn)
NORTH AMERICA RESTORATIVE DENTISTRY – MARKET SEGMENTATION
By Product
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 5,479.2 Million |
| Market Size by 2027 | US$ 9,270.4 Million |
| CAGR (2019 - 2027) | 6.2% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Restorative Dentistry Market is valued at US$ 5,479.2 Million in 2018, it is projected to reach US$ 9,270.4 Million by 2027.
As per our report North America Restorative Dentistry Market, the market size is valued at US$ 5,479.2 Million in 2018, projecting it to reach US$ 9,270.4 Million by 2027. This translates to a CAGR of approximately 6.2% during the forecast period.
The North America Restorative Dentistry Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Restorative Dentistry Market report:
The North America Restorative Dentistry Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Restorative Dentistry Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Restorative Dentistry Market value chain can benefit from the information contained in a comprehensive market report.
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