Tooth Filling Materials Market Analysis By Industry Share, Growth, Trends & Forecast 2021-2024
Category: #headlines  By Ronak Bora  Date: 2021-08-02
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Tooth Filling Materials Market Analysis By Industry Share, Growth, Trends & Forecast 2021-2024

Rising interest in dental aesthetics as a result of spiked household incomes and consumer willingness to spend on their physical appearance will drive the demand for tooth filling materials over the coming years. The American Academy of Cosmetic Dentistry stated that over 99% of the people across the region ranked smile as the most important aspect of social life.

Favorable reimbursement policies have been formulated by insurance companies across the developed countries to offer compensation benefits on dental fillings with ceramic and composite materials to customers, complimenting their higher adoption in dental treatments. Estimates reveal that the global tooth filling materials market size could surpass a yearly revenue of more than USD 1.5 billion by 2024.

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Preference for direct filling materials

The direct tooth filling materials market registered a major revenue share, collecting more than USD 926.1 million in 2017. This can be attributed to the surge in consumer inclination towards these materials in dental clinics as they offer resistance against corrosion, perfect cavity fitting, superior strength as well as biocompatibility.

Oral health treatment in dental clinics

The use of dental filling materials across dental clinics contributed to over USD 665.9 million in global remuneration in 2017. This is due to the rising preference of consumers to opt for common oral health problems like dental caries, lesions, and cavities across these facilities for their ease of accessibility and affordability.

Higher adoption of ceramic materials

Ceramic or porcelain is an extensively utilized material for tooth filling as it covers up the dental cavity and can be molded into an accurate shape to fit the cavity. It can be touted as a tooth-colored filling material as it imparts a color similar to that of the teeth blending in perfectly to give a natural look.

The market for these materials is pegged to grow at a 4.9% CAGR through 2024 with the rising instances of people opting for dental aesthetics.

India and Russia to lead regional dynamics

The continued prevalence of teeth healthcare problems, particularly dental caries, is observed in countries like India, China, and Malaysia. Furthermore, there is a prolonged occurrence of this health issue among children in Indian, fostering the adoption of dental filling materials across the country. On this note, India tooth filling materials industry share is anticipated to record a 5.7% CAGR through the coming years.

On the other hand, Russia tooth filling materials industry size gathered over USD 62.2 million in annual revenue in 2017, considering the higher penetration of the materials in the treatment of dental caries across the region. Besides, a rising appeal towards oral healthcare literacy has paved the way for multiple research activities in the country to combat chronic oral diseases.

Increased competition to drive innovations

Providers of tooth filling materials are working towards several inorganic marketing strategies as well as novel product innovations to expand their operational and financial capabilities besides increasing their global reach albeit the present COVID-19 pandemic. SDI Limited, DENTSPLY International, Kuraray Noritake Dental, VOCO GmbH, Coltene Whaledent, Ivoclar Vivadent, Kerr Corporation, and Shofu Dental are some of the global brands in the sector.

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Various research institutions are also indulged in R&D activities to come up with novel product launches. For instance, a new dental filling material was introduced by a group of scientists at the Oregon Health and Science University (OHSU)'s School of Dentistry in 2019. The novel composite material is found to be highly resistant against breakages over regular filling materials and comprises of thiourethane.

However, the mount in incidents pertaining to mercury poisoning from the use of silver amalgam tooth fillings may negatively impede the market forecast. Dental amalgams can be considered as a known neurotoxin and constitute over 45% to 55% of mercury bringing adverse effects to children, pregnant women, and fetuses.

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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