According to FutureWise analysis the market for Dental Materials in 2023 is US$ 6.67 billion, and is expected to reach US$ 10.17 billion by 2031 at a CAGR of 5.42%.
The increasing demand for painless and minimally invasive dental procedures, development of advanced dental materials and customised dental treatments and improvements in the operational efficiency are some of the key factors responsible for the growth of the market. Furthermore, the incorporation of dental CAM/CAD technology in routine dentistry and the development of subsequent materials has evolved in recent years for fabricating an all-ceramic restoration and a major advantage of using CAD/CAM technology in dentistry is the acquisition of data which aids in saving information on restorations, impressions which can be saved on a computing device, thereby helping in evaluating the data in the future. Such advantages have boosted the dental materials market growth. Moreover, rising edentulous and geriatric population and increased dental tourism, especially from developed nations, as dental procedures are expensive in countries like the United States and there are no suitable reimbursement plans available for covering these procedures resulting in the growth of the market in the developing regions.
Moreover, the continuous progress in the material delivery systems is a current dental materials market trend. These systems are made to reduce wastage of material and it also reduces the need for purchasing additional material. With the introduction of technologies like unit dose dispensers has substantially reduced the amount of material wasted for each dental process. The WHO has partnered with multiple national and local dental associations to strategize the promotion of oral health in Europe. Various measures have been undertaken in recent years to inform people the advantages of dental care with a hope to reduce the number of cavity patients in Europe. An increased awareness amongst public as resulted in the rise of preventive dentistry which reduced the necessity of restorative products to a greater extent. Such initiatives have assisted in the proliferation of the market.