The global Tooth
Regeneration Market is expected to address more than 5,980 million dental
procedures by 2027. Patient focused innovation along with rise in geriatric
population is expected to create lucrative growth opportunities for market players.
Historically, the dental industry has been highly lucrative for industry
players, with average 5.5% annual growth rate. Growth in the dental industry
has been on upward trend since last two decades. As a result, industry players
have generated high ROI over the last two decades, despite the industry being
highly fragmented. The future, however, is completely different – with
disruptive dental technology underway. The companies are investing lump sum
amount towards development of biologically engineered tooth regeneration for
better dental treatment modalities. Tooth regeneration market outlook seems
optimistic with potential to completely transform the dental industry
perception.
Global dental industry has
undergone a drastic transformation over the last decade. Teeth are among the
most important part of human beings, which helps in performing various
activities ranging from feeding to articulation to that of esthetics, loss of which
could led to physical and psychological issues. As such, many advancements have
been made in the past to cater to growing dental issues among patients,
including denatures and dental implants.
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Tooth regeneration market revenue
is expected to be primarily driven by various macroeconomic factors ranging
from increased geriatric population, high per capita spending, and higher fund
allocation on stem cell based tooth regeneration by companies and increased
dental procedure worldwide. As per the World Bank estimates, geriatric
population is growing three times higher than overall population growth in U.S.
Same trend is prevalent across Asia Pacific and Europe. According to Europa,
over 25% of population in Europe is expected to be aged over 65 years by 2020.
As such, there is huge addressable market for players in the market. Research
activities in tooth regeneration market is expected to create favorable market
opportunity for industry players in near future. Various studies are conducted
by research institutes to understand the tooth regeneration market feasibility.
For instance, Nova Southeastern University is conducting research on tooth
regeneration from stem cells. Similar initiatives are taken by Tufts School of
Dental Medicine and Columbia University (U.S.). Growth in tooth regeneration
market scenario is expected to be further supported by increasing number of
dental implant procedures performed annually is a significant opportunity for tooth regeneration techniques and products.
Around 2.6 million dental procedures are estimated to be carried out in 2017
that would grow at 8.5% during 2019–2027.
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Report: https://www.coherentmarketinsights.com/market-insight/tooth-regeneration-market-75
Key takeaways of the market are:
Asia Pacific is expected to
dominate the dental procedures throughout the forecast period, suggesting
higher addressable market opportunity for players. Much of the dental
procedures are expected to be carried out in China, followed by India and Japan
respectively. There are over 5,000 dental laboratories with around 300 dental
institutes and 200,000 dentists in India. Increasing consumer base along with
high economic growth is expected to create lucrative market opportunity for
industry players. Moreover, the market in the region is expected to grow at the
fastest CAGR over the forecast period.
By population demography,
geriatrics population is expected to be the prime users of tooth regeneration
product once it get commercialized. As of now, much of the need for tooth loss
in geriatrics population is being met by dental implants.
Enamel erosion is one of the most
prevalent dental issue worldwide, which also results in other dental problems
related to dentin and pulp. Researchers at the University of Southern
California, are working on developing a technique using matrix
metalloproteinase-20 (MMP-20), an enzyme found only in teeth, and an
amelogenin-chitosan hydrogel to repair early tooth decay by growing an
enamel-like layer
Institut Straumann Ag, DENTSPLY
Implants, Unilever and Datum Dental are key tooth regeneration market players.
As of now, this is a research based topic. However, companies are expected to
gain double digit return on investment (ROI) once the product gets
commercialized.
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