The global dental adhesive market is expected to witness a CAGR of 6.1% during the forecast period. The denture adhesive market is expanding worldwide owing to various factors such as the rise in popularity of the cosmetic dental treatment, development in healthcare technologies, and government initiatives towards research in the field of dentistry. There is also an increase in awareness towards oral care, oral hygiene, and proper food habits which will help in propelling the growth of the dental adhesive market. The demand for the dental adhesive market is expected to boost owing to the rise in the use of adhesives in various dental applications.
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The rise in dental tourism in emerging markets is an important aspect of the increase in the market revenue of dental adhesives along with an increase in population, income level, and health awareness will further stimulate the market growth. However, the high investments required for dental treatment, stringent regulatory policies, and unawareness of oral hygiene among adults can inhibit or slow down the growth of the industry.
3M Oral Care and Bioclear have entered into a partnership to modernize their products and techniques to meet the advancing demands of the dental adhesive industry. Thus, supporting the dentists to pursue the implementation of state-of-the-art procedures. Kits containing all of the required Bioclear tools, along with 3M’s direct restorative products, will be available to dentists who are implementing the method into their practice.
The Covid-19 outbreak has created downward pressure on demand, production, and revenues of the dental adhesive market. Dentistry is the riskiest profession during this crisis owing to the nature of dental procedures, and the proximity of the dental teams with patients, the disease could easily spread from infected patients to the dental team and vice versa. Thus, there is a demand for personal protective equipment (PPE) which had a significant impact on the dental economy thus affecting the demand for dental adhesives.
The dental hospitals and clinics are estimated to be the largest and fastest-growing end-use segment of the dental adhesive market during the forecast period, owing to an increase in dental tourism in countries such as South Korea, Brazil, Hungary, China, and India. Moreover, there is a rise inpatient population, usage of advanced dental technology, and a rise in the tally of hospitals and clinics, thus driving the growth of the global dental adhesive market.
The dental adhesives market shows an outstanding penetration in developed European countries owing to the rising awareness of oral health care, increasing geriatric population, increasing cases of dental diseases, and demand for advanced cosmetic dental care in this region. Moreover, increasing government initiatives and funding for research, availability of favorable reimbursement policies, and the presence of a flourishing medical device industry will boost the growth of the dental adhesive market in the region.
Some of the major players in the dental adhesive market include Dentsply Sirona Inc., 3M Company, GlaxoSmithKline PLC, Ultradent Products, Inc., Procter & Gamble Co. (P&G), Danaher Corporation, Voco GmbH, GC Corporation, Sun Medical Co., Ltd. and Tokuyama Dental Corporation Inc.
Source: VynZ Research
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The post Dental Adhesive Market is Anticipated to grow at a Significant Pace i.e., USD 3.42 Billion during the Forecast Period 2021-2027 appeared first on Financial Market Brief.
