The global dental adhesives & sealant market is expected to register a CAGR of ~4.73% during the forecast period, 2018 to 2023. North America accounted for the largest market, accounting for more than 40% of the global market share, followed by Asia-Pacific, in 2017.
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Global Dental Adhesives & Sealants Market Major Key Players: 3M, Henkel AG & Company KGaA, Den-Mat Holdings LLC, Dentsply Sirona Incorporated, DUX Dental, HemCon Medical Technologies, Johnson & Johnson, Mitsui Chemicals, Sybron Dental Specialties, Smith & Nephew PLC, Zimmer Biomet Holdings Incorporated, Nobel Biocare Holding, amongst others.
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Increasing Aging Population Driving the Market
Aging population is one of the major drivers for the dental adhesives & sealants market around the world. As of 2016, there were 912 million people aged 60 years or more, globally, and by 2030, this number is expected to grow by 55%. There are several dental health conditions associated with aging, such as root and coronal caries, dry mouth (Xerostomia), periodontitis, etc.
Furthermore, the rate of aging population is higher in developing countries compared to the developed countries, where the consumer spending is relatively on the higher side. By 2030, the increase in the number of older people is expected to be the fastest in South America, with an expected 70% increase in the population aged 60 years and above, followed by Asia and Africa. These factors are expected to increase the demand for dental adhesives and sealants over the forecast period.
Radiation Cured Adhesives Dominate the Market Growth
The global dental adhesives & sealants market is segmented by form as water-based, solvent-based, radiation cured, etc. The radiation-cured form has been dominating the market, owing to its high dentin bond strength. Radiation-cured adhesives have been used in dental treatments as composite restoratives, bonding agents, luting cements, sealants, etc. The demand for composite restorations is rising gradually because of their low price, and a range of shades, opacities and characterizers. These factors are expected to boost the demand for radiation-cured adhesives in the coming years.
North America to Dominate the Market Growth
North America is dominating the dental adhesives & sealants market in the global scenario and accounts for more than 40% of the global market share, with the United States being the largest market in North America. The US healthcare industry is one of the key sectors and had contributed to about USD 3.3 trillion to the economy in 2016 in healthcare.
Approximately two-third of Americans seek care from a dentist regularly, and the remaining individuals and families face challenges accessing dental care. There are increasing concerns among people for oral hygiene and healthcare in the country and investments are being made in the healthcare industry to develop smart infrastructure, as well as to expand the existing facilities in the country. These factors are expected to drive the growth of the dental adhesives and sealants market steadily over the forecast period.
Key Developments in the Market
January 2018: Dentsply Sirona completed the acquisition of Cleverdent Ltd.
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Regions Covered in this report are as Follows:
United States, North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), RoW (Rest of World).
Reasons to Purchase this Report:
- The report analyses how the stringent emission control norms will drive the global Dental Adhesives & Sealants market.
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- Study on the product type that is expected to dominate the Dental Adhesives & Sealants Market.
- Study on the regions that are expected to witness fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major players of Dental Adhesives & Sealants Market.
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Dr Nancy Miller has over 20 years experience as a educator and health practitioner. She has a B.S. from Lake Head University In Thunder Bay, and a Ph.D. in biology from the University of Guelph . Dr. Miller has worked as a special medical consultant for a major insurance provider before becoming a freelance health author and public speaker. There are several ways to contact Dr. Miller here.