Periodontal Market to Generate US$ 24.4 billion by the Year 2032 Due to Increasing Prevalence of Periodontal Diseases Globally

NEWARK, Del: The global Periodontal Market is anticipated to create lucrative growth opportunities by expanding at a flourishing CAGR of 10.4% from 2022 to 2032. The global market enjoyed a valuation of around US$ 9.1 billion in the year 2022 and is likely to surpass a valuation of around US$ 24.4 billion by the year 2032. According to the historical analysis conducted by Future Market Insights, the global periodontal market expanded at a CAGR of 8.8% from 2015 to 2021. The device type category within the product segment is leading the market as it accounted for a total market share of around 77.6% in the year 2021.

The periodontal market is anticipated to propel over the forecast period due to the rising inclination towards periodontal diseases, which are constantly rising. Furthermore, periodontal diseases or gum diseases are disorders that occur due to the infection and inflammation of mainly the gums and bone surrounding the teeth. Furthermore, the market value of the periodontal market was approximately 24.2% of the overall US$ 34.2 billion of the global dental market in 2021.

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According to the findings gathered by the Centers for Disease Control and Prevention, 47.2% of people who fall under the age group of 30 years or above are likely to encounter some form of periodontal disease in the USA. Furthermore, the prevalence of these diseases augments with natural ageing. It has been estimated that 70.1% of the geriatric population who are 65 years and above suffer from gum diseases in the USA.

Compelling Market Trends

The global periodontal market is set to showcase an assertive outlook, attributed to the increased regulatory approvals for the products used in the periodontal market. Regulatory bodies like FDA regulate the approval of the medical devices being launched in the US market.

Drug approval is likely to be governed by the FDA so that, it can be proved that the new drug is efficient and safe for the patient. Furthermore, the introduction of novel products aligns with the entry of new and improved technology in the market, which ensures the enhancement and launch of new products in the market.

The emergence of new technology aids in making treatment procedures easy and provides improved results to patients. This can be considered an opportunistic factor for the manufacturers operating within the periodontal market. Since there is a high presence of periodontal diseases, the adoption of different devices used in the diagnosis, treatment, and surgery of periodontal diseases is quite high.

Growth Drivers

According to the latest reports by World Health Organization, age is considered the primary risk factor for the development of dental diseases, and the risk for dental disorders is likely to increase with age, specifically for people above the age of 50 years. Therefore, the rising geriatric population is one of the major drivers of the periodontal market.

Rising technological advancements are attributed as recognizable drivers for the global periodontal market. A significant shift from invasive techniques used for root canals, crown troughing, implant recovery, gingivoplasty, and many more dental procedures towards advanced laser techniques such as diode lasers and CO2 lasers are also expected to contribute to the acceleration of the growth of this market, owing to the prevention of the oral infections. When it comes to periodontal disease diagnosis, 3D digital X-ray imaging is quite commonly used.

Restraints

The cost associated with dental treatments and diagnostic procedures is expected to be quite high. The cost of treating periodontal disease can range from $1,700 to $8,000, depending on the severity level of the disease. These high costs along with the low reimbursement rate for dental procedures are the factors that can hamper the growth of the periodontal market.

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Competitive Landscape

In order to get a competitive edge over the market, key market players worldwide are focusing on improving their business strategies along with various product launches, expansions, collaborations, and mergers and acquisitions. These are the top key promotional strategies adopted by the key players in the periodontal market.

Key Companies Profiled

Dentsply Sirona
3M Company
Danaher Corporation (Sybron Dental Specialties Inc./Kerr Corporation)
Medtronic
Pfizer Inc.
Novartis AG
ASA Dental S.p.A.
Steris-Hu-Friedy
Carl Martin GmBH
Deppeler SA
AMD Lasers, Inc.
Biolase, Inc.
Straumann AG
Planmeca Oy
Karl Schumacher
GC Corporation
OraVu®
Micron Dental
DENTAURUM GmbH & Co. KG

Recent Developments

In February 2020, AMD Lasers announced the development of the Monet laser curing light, the first handheld laser in curing light for dental materials.

Valuable Insights into the Periodontal Market

The North American region is anticipated to dominate the global periodontal market over the forecast period. The U.S. accounted for around 92.8% in 2021 a similar trend is expected over the forecast period.

Key Market Segments Covered in Periodontal Industry Research

By Product:

Device Type

Diagnostic Instruments

Probes

Single Sided Probes
Double Sided Probes

Mouth Mirrors
Explorers

Treatment Instruments

Scalers & Curettes
Custom-Fit Trays
Cleansing & Polishing Instruments
Periodontal Endoscopes
Dental Lasers
Dental Implants

Endosteal Implants
Subperiosteal Implants

Surgical Instruments

Drug Type

Systemic Antibiotics
Local Antibiotics

By Procedures:

Scaling And Root Planing
Gum Grafting
Regenerative Therapy
Dental Crown Lengthening
Periodontal Pocket Procedures
Single Tooth Dental Implants
Multiple Tooth Dental Implants

By End User:

Hospitals
Dental Clinics
Group Dental Practice
Ambulatory Surgical Centers

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Table of Content

Executive Summary | Periodontal Market

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply-Side Trends

1.4. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

Complete TOC with Report Preview @ https://www.futuremarketinsights.com/reports/periodontal-market

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Periodontal Market to Generate US$ 24.4 billion by the Year 2032 Due to Increasing Prevalence of Periodontal Diseases Globally | Future Market Insights, Inc.