The global ToothRegeneration Market is expected to address more than 5,980 million dentalprocedures by 2027. Patient focused innovation along with rise in geriatricpopulation is expected to create lucrative growth opportunities for market players.Historically, the dental industry has been highly lucrative for industryplayers, with average 5.5% annual growth rate. Growth in the dental industryhas been on upward trend since last two decades. As a result, industry playershave generated high ROI over the last two decades, despite the industry beinghighly fragmented. The future, however, is completely different – withdisruptive dental technology underway. The companies are investing lump sumamount towards development of biologically engineered tooth regeneration forbetter dental treatment modalities. Tooth regeneration market outlook seemsoptimistic with potential to completely transform the dental industryperception.
Global dental industry hasundergone a drastic transformation over the last decade. Teeth are among themost important part of human beings, which helps in performing variousactivities ranging from feeding to articulation to that of esthetics, loss of whichcould led to physical and psychological issues. As such, many advancements havebeen made in the past to cater to growing dental issues among patients,including denatures and dental implants.
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Tooth regeneration market revenueis expected to be primarily driven by various macroeconomic factors rangingfrom increased geriatric population, high per capita spending, and higher fundallocation on stem cell based tooth regeneration by companies and increaseddental procedure worldwide. As per the World Bank estimates, geriatricpopulation is growing three times higher than overall population growth in U.S.Same trend is prevalent across Asia Pacific and Europe. According to Europa,over 25% of population in Europe is expected to be aged over 65 years by 2020.As such, there is huge addressable market for players in the market. Researchactivities in tooth regeneration market is expected to create favorable marketopportunity for industry players in near future. Various studies are conductedby research institutes to understand the tooth regeneration market feasibility.For instance, Nova Southeastern University is conducting research on toothregeneration from stem cells. Similar initiatives are taken by Tufts School ofDental Medicine and Columbia University (U.S.). Growth in tooth regenerationmarket scenario is expected to be further supported by increasing number ofdental implant procedures performed annually is a significant opportunity for tooth regeneration techniques and products.Around 2.6 million dental procedures are estimated to be carried out in 2017that would grow at 8.5% during 2019–2027.
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Key takeaways of the market are:
Asia Pacific is expected todominate the dental procedures throughout the forecast period, suggestinghigher addressable market opportunity for players. Much of the dentalprocedures are expected to be carried out in China, followed by India and Japanrespectively. There are over 5,000 dental laboratories with around 300 dentalinstitutes and 200,000 dentists in India. Increasing consumer base along withhigh economic growth is expected to create lucrative market opportunity forindustry players. Moreover, the market in the region is expected to grow at thefastest CAGR over the forecast period.
By population demography,geriatrics population is expected to be the prime users of tooth regenerationproduct once it get commercialized. As of now, much of the need for tooth lossin geriatrics population is being met by dental implants.
Enamel erosion is one of the mostprevalent dental issue worldwide, which also results in other dental problemsrelated to dentin and pulp. Researchers at the University of SouthernCalifornia, are working on developing a technique using matrixmetalloproteinase-20 (MMP-20), an enzyme found only in teeth, and anamelogenin-chitosan hydrogel to repair early tooth decay by growing anenamel-like layer
Institut Straumann Ag, DENTSPLYImplants, Unilever and Datum Dental are key tooth regeneration market players.As of now, this is a research based topic. However, companies are expected togain double digit return on investment (ROI) once the product getscommercialized.
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