The restorative dentistry market size is expected to advance at a CAGR of 6.2% during 2022–2030, to reach USD 25,608.0 million by 2030.
The market is mainly driven by the increasing prevalence of dental problems, surging popularity of cosmetic dentistry procedures, such as dental implants; escalating concern and awareness about oral hygiene, booming geriatric population, and ballooning healthcare expenditure.
Additionally, the rising research and development activities for the creation of novel dental solutions and the improvements in the healthcare domain are fostering the growth in the demand for restorative dentistry.
Dental implants are more effective than traditional tooth replacement options because of osseointegration, which is a direct structural connection between living bone and the surface of a dental implant. As osseointegration offers several benefits, it is increasingly being used in dental implant procedures, globally. For instance, dental implant procedures have gained popularity in the Philippines as they help improve dental aesthetics with natural-looking, durable, and stronger artificial teeth. Moreover, in December 2021, Envista Holdings Corporation announced the FDA approval of the Nobel Biocare N1 implant system, designed for immediate placement and predictable insertion torque.
Additionally, people requiring osseointegration implants are being offered financial assistance by organizations such as the Osseointegration Foundation (OF), which focuses on bone and certain alloplastic reconstructive materials. The OF provides travel grants to students in the U.S. to drive the adoption of osseointegration dental implants. Thus, the increasing number of dental implant surgeries is boosting the growth of the market.
The implants category is set to witness a significant growth rate over the projection period. This will be owing to the rising burden of dental disorders and the increasing number of initiatives of market players for offering improved implantable devices, by augmenting their focus on research and development.
Furthermore, technological advancements, such as computer-aided implant dentistry and digital radiography, have improved the accuracy of restoration procedures, thereby boosting the growth of the industry. In addition to that, advanced equipment and new composite materials are becoming popular among patients, as they result in improved health conditions and greater satisfaction, in addition to being suitable for dental treatment.
For instance, in June 2022, Zimvie Inc. launched the Encode Emergence Healing Abutment and T3 PRO Tapered Implant, both of which have received the FDA approval, in the U.S. These products are designed to optimize restorative care and provide clear intraoral scans, better aesthetics, higher patient comfort, and quicker healing.
The Asia-Pacific industry is expected to grow with a CAGR of about 8% during the forecast period, due to the significant improvements in the healthcare infrastructure in the region.
Another major driving factor for the growth of the restorative dentistry industry is the increasing elderly population, in which dental disorders are a fact of life. Besides this, the flourishing dental tourism industry in the Asia-Pacific region will contribute to the rise in the market size over the next 7–8 years.
Moreover, the presence of a large number of key players in the developing countries of Asia will propel the restorative dentistry sector. In addition to that, a high expenditure on the healthcare sector and the increase in the awareness of oral health in the Indian subcontinent are driving the market.
The most-significant restorative dentistry market players are Institut Straumann AG, 3M Company, Zimmer Biomet Holdings Inc., Envista Holdings Corporation, GC Corporation, Dental Technologies Inc., DENTSPLY SIRONA Inc., Mitsui Chemicals Inc., Septodont Holding, and VOCO GmbH.