Research Nester has released a report titled “North America and Europe Dental Composites Market: Demand Analysis & Opportunity Outlook 2028” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market.
In North America, the prevalence of oral disorders, according to the statistics by the Global Health Data Exchange of the Institute for Health Metrics and Evaluation, grew from 129424885.73 numbers in 2010 to 155176648.82 numbers in the year 2019. Moreover, the statistics also stated that in Europe, this touched to 427081852.28 numbers in 2019, up from 412639034.76 numbers in 2010.
The statistics portray the growing concern for the increasing prevalence of oral disorders amongst the individuals in North America and Europe. Owing to such a factor, there is a growing awareness amongst individuals to treat these disorders. Moreover, there has been a surge in the number of dental visits, which is further driving the need for advanced dental tools. Moreover, the growing advancements in the field of oral health, backed by the increasing healthcare expenditure, is also expected to drive the growth of the North America and Europe dental composites market.
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The dental composites market in North America is anticipated to grow with a CAGR of 5.67% during the forecast period, i.e., 2020-2028, while that in Europe is projected to grow with a CAGR of 5.10% during the forecast period. The market in North America is estimated to garner a revenue of USD 293.21 Million by the end of 2028, up from a revenue of USD 224.0 Million in the year 2019, while that in Europe is projected to touch a revenue of USD 380.43 Million by the end of 2028, up from a revenue of USD 304.0 Million in the year 2019.
The North America and Europe dental composites market is segmented on the basis of end-user into dental hospitals, dental colleges, and dental clinics. The market is further segmented by composite type into hybrid resin composite, nano-filled resin composite, nano-hybrid resin composite, macro-filled resin composite, micro-filled resin composite, and others. Amongst these, in North America, the nano-hybrid resin composite segment w.r.t dental hospitals segment garnered the largest revenue of USD 24.30 Million in 2019, and is further USD 30.58 Million by the end of 2028.
On the basis of geographical analysis, the market in Europe is segmented into Germany, United Kingdom, France, Spain, Italy, Russia, Netherlands, and the Rest of Europe, while in North America, the market is segmented into the United States and Canada. Amongst the countries in Europe, the market in Germany is projected to hold the second-highest market share during the forecast period. The market in the region garnered the largest revenue of USD 57.76 Million in 2019, and is further anticipated to touch 75.31 Million by the end of 2029. In North America, the market in the United States is expected to garner the highest market share during the forecast period.
However, the availability of low-cost alternatives is one of the major factors anticipated to hinder the growth of the market.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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This report also provides the existing competitive scenario of some of the key players of the North America and Europe dental composites market, which includes company profiling of BISCO, Inc., SHOFU INC., Centrix, Inc., Septodont Holding, COLTENE Group, SDI Limited, Cosmedent, Inc., Pentron (Kerr Corporation), Zest Dental Solutions, Kulzer GmbH, Den-Mat Holdings, LLC, Kerr Corporation, Dentsply Sirona, Ivoclar Vivadent Inc., VOCO GmbH, Henry Schein, Inc., 3M Company, GC America Inc., Ultradent Products Inc., and others.
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “North America and Europe Dental Composites Market: Demand Analysis & Opportunity Outlook 2028”, analyses the overall North America and Europe dental composites industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the North America and Europe dental composites market in the near future.
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