An Incisive, In-depth Analysis on the Dental Caries Market
This study offers a comprehensive, 360 degree analysis on the Dental Caries market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Dental Caries market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
World-class medical infrastructure in North America a key growth driver
The substantial developments in North America stand in stark contrast to the relatively modest improvements observed in the global dental caries and endodontic market. This is mainly due to the growth of high-margin dental products such as dental bridges, caps, and implants. There is a noticeable trend seen in North America where patients demand premium quality, high-priced dental products because of Medicare improvements and strong customer loyalty. CAD/CAM technology has begun to be deployed in dental implants and dentures across the world and this should enhance the manufacturing accuracy and boost output. In addition to this, a greater number of dentists in a country who are skilled in implant placement will help improve the access to treatment. Implant penetration is anticipated to be one of the biggest drivers for long-term growth in the dental caries and endodontic market.
Changing customer approach to dental care a major restraint
Patient choice in terms of dental care could not be more complicated than in the 21st century. The factors that impact patient decisions include rapidly evolving dental care technology that can be linked to constant changes in dental care methods and the size of the dental care market. In the largely saturated U.S. and Canada markets, a consumer gathers data based on satisfaction related attributes such as a shorter duration treatment, painless treatment, affordability, and quick recovery time. A few of the other important factors are the explicit ban on advertising dental products because of which patients need to actively seek out the best options in the dental caries and endodontic market. Market signals transmitted by manufacturers can also impact a consumer’s buying decision. Moreover, several low priced products have entered the North America dental prosthetics market such as implants, dentures, crowns, etc., which has somewhat reduced the competitive advantage that premium players once enjoyed in the North America dental caries and endodontic market.
North America is the largest region in the global dental caries and endodontic market
The North America dental caries and endodontic market is predicted to grow to almost US$ 17.3 Bn in 2027 from a value of approximately US$ 8.6 Bn in 2017, representing a CAGR of 7.2% during the forecast period. For the previous four years i.e. from 2012 to 2016, the CAGR was comparatively lower at 5.7%. An absolute dollar opportunity of more than half a billion dollars exists in the North America dental caries and endodontic market in 2018 over the previous year and an incremental dollar opportunity of just under US$ 8.7 Bn is waiting to be tapped in the decade from 2017 to 2027.
The U.S has a lion’s share of the North America dental caries and endodontic market
Within North America, the U.S. is the regional behemoth as it is expected to account for about 89% of the North America dental caries and endodontic market in 2017. By the end of the forecast period, the U.S. should be more than 90% by market value share on account of a substantial increase of 157 BPS. From a value of a little under US$ 7.7 Bn in 2017, the U.S. dental caries and endodontic market should be worth nearly US$ 15.7 Bn by the end of 2027, with a CAGR of 7.4% for the decade. The U.S. gains are largely expected to be at the expense of its northern neighbour Canada because of rising treatment cost and an increasing preference for dental treatment procedures.
Roughly 1/3rd of the world’s population above the age of 65 is edentulous and this population is only increasing in the 21st century. Almost 90% of edentulous people choose to go in for unanchored dentures and wish to upgrade to implant supported over dentures. Such worrying statistics are the precise reason why we at Future Market Insights have decided to study the dental caries and endodontic market in our new report titled ‘Dental Caries and Endodontic Market: Global Industry Analysis 2012–2016 and Opportunity Assessment 2017 – 2027’. We have taken an in-depth look at the dental caries and endodontic market for a decade long study period starting in 2017 and on the basis of key parameters such as Y-o-Y growth rate, CAGR, and absolute and incremental dollar opportunity.
To get an initial understanding of the dental caries and endodontic market, you can refer to the market viewpoint section. This is where we have touched upon the macroeconomic factors, global trends, and opportunity analysis of the dental caries and endodontic market. The relevance and impact of certain forecast factors as well as the total addressable market opportunities can also be found in this section. Lastly, the reimbursement and regulatory scenario along with the manufacturer core competencies conclude this important section.
After the market viewpoint, we would advise you to take a quick look at the competitive landscape. In the dental caries and endodontic market, you can expect to face cutthroat competition from the major players, some of whom have been profiled by us in the report. We have provided a market share analysis for the previous year 2016 as well as a competition dashboard. We have mentioned the company details wherein we have given a brief overview of the company, key financials, and strategies adopted, and recent developments related to those companies in the dental caries and endodontic market. For any stakeholder who wishes to enter or expand in the dental caries and endodontic market, it is highly recommended to conduct a comprehensive SWOT analysis of the competition.
Unique Research Methodology
At Future Market Insights, we have devised a truly world-class research methodology that can help you immensely. Our highly expert team of analysts begin studying the dental caries and endodontic market with exhaustive primary and secondary research for creating a detailed discussion guide. An industry player list is then developed, they are interviewed, and then the relevant data is gathered. After the data is gathered, it is validated using the triangulation method where we combine primary and secondary data with our expert analysis to arrive at the final data. This data is then scrutinised using proprietary company tools to gain all the necessary quantitative and qualitative information pertaining to the dental caries and endodontic market.
For readers who wish to understand the dental caries and endodontic market at a very grassroots level, we would highly recommend the market introduction section. This is where we have provided the definition and the taxonomy of the dental caries and endodontic market. A parent market overview is also given for additional reference.
Global Dental Caries and Endodontic Market Taxonomy
A section of the dental caries and endodontic market report related to the introduction is the executive summary. This is where we have given a broad overview of the dental caries and endodontic market and analysed and assessed it. Our experts have given their opinions and recommendations in terms of the overall market approach to be adopted, the segments and regions to target, and a differentiating strategy to truly stand out in the dental caries and endodontic market. This is followed by the Wheel of Fortune which depicts the relationship between the product type, end user, and region presented in an easy-to-follow graphical format. The growth opportunities in terms of CAGR have been highlighted here and could be beneficial for our report readers who are pressed for time.
We have classified the dental caries and endodontic market into seven distinct geographic regions for the purpose of this study. We have a dedicated section for each region where we give a comprehensive picture of the regional drivers, restraints, opportunities, and trends. The BPS analysis, Y-o-Y growth projections, and market attractiveness analysis for the most important countries in each region follows this. Certain regulations may pertain specifically to one region alone and these have been adequately explained herein. We have also studied the relevant countries on the basis of product type and end user. Lastly, an impact analysis of the regional drivers and restraints concludes this critical section of the dental caries and endodontic market report.