The “Dental Putty Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 to 2031” report has been added to ResearchAndMarkets.com’s offering.
This comprehensive report provides valuable insights into the global Dental Putty market, including market analysis, growth trends, and key players’ strategies.
Market Overview:
The global Dental Putty market is projected to experience a Compound Annual Growth Rate (CAGR) of 7% during the forecast period from 2023 to 2031. The increasing prevalence of dental problems and growing demand for improved dental treatments are driving market expansion. Furthermore, rising awareness of oral health is a key factor contributing to the market’s growth.
Growth Drivers:
Several factors are fueling the growth of the global Dental Putty market. The rise in the geriatric population, who are more susceptible to dental disorders, is expected to boost the market in the forecast period. Additionally, the use of digital dentistry, involving computer-aided design and manufacturing (CAD/CAM) technology, is likely to increase the demand for dental putty in the coming years.
Increase in Dental Health Awareness:
Growing dental health awareness among individuals is driving the demand for dental putty. People are increasingly concerned about maintaining proper dental hygiene, leading to an increase in demand for sophisticated dental procedures.
Growth in the Elderly Population:
The elderly population is expected to contribute significantly to the dental putty market as dental problems are more prevalent among this age group. With the global increase in the elderly population, the demand for advanced dental procedures like crowns and bridges is rising, which, in turn, will drive the market for dental putty.
Increased Demand for Custom Products:
The after-mix putty segment is anticipated to dominate the market during the forecast period. After-mix dental putty allows for more accurate impressions compared to pre-mix dental putty. It is also more malleable and customizable, making it the preferred choice for dental practitioners.
Demand in Restorative and Prosthodontic Treatments:
The restorative and prosthodontic applications category represented a significant portion of the global market in 2021 and is expected to continue dominating in the coming years. These procedures require perfect impressions, making dental putty an essential component in such operations.
Increased Demand for Handy Trays:
Trays are anticipated to dominate the market among distribution options due to their simplicity of use and ability to regulate the amount of material utilized during procedures. Trays also facilitate storage and transport of dental putty, making them a versatile option for dental practitioners.
Growth in Dental Clinics:
The dental clinic sector is expected to account for the largest market share as specialized dental operations drive the need for dental putty in dental clinics compared to hospitals. The increasing number of specialized dental clinics worldwide is also anticipated to drive segment expansion.
North America as the Global Leader:
North America held the greatest market share for dental putty in 2022, primarily due to the high prevalence of dental diseases and sophisticated dental treatment availability in the region. However, market opportunities in Asia Pacific are predicted to expand significantly during the forecast period due to the region’s rapid economic growth and rising dental health awareness.
Competitive Landscape:
Key players in the market for dental industry putty include 3M, Dentsply Sirona, GC Dental Inc, Heraeus Kulzer, IvoclarVivadent, and others. Innovative product launches, partnerships, and mergers & acquisitions are some of the strategies being emphasized by leading firms to enhance their market position.
CONCLUSION
The global putty market in dentistry is poised for substantial growth, driven by factors such as increased dental health awareness, a growing elderly population, and demand for advanced dental procedures. The market is anticipated to witness intense competition, with key players focusing on innovation and strategic partnerships.
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