Dental Amalgam Market Outlook, Trend Analytics and Forecast to 2023
Market Overview:
Dental Amalgam has long been the popular cavity filling choice for dentists because of its strength and durability. A cavity is a common dental problem caused by a build-up of plaque, a sticky substance made up of bacteria. Due to the widespread cavity concerns, dental amalgam witnesses a huge demand all over the world. Resultantly, the dental amalgam market is growing pervasively on the global platform.
Considering the kind of the growth, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global Dental Amalgam Market will reach up to USD 500 MN by 2023 with approx. 5% CAGR during the review period (2017 – 2023).
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Silver amalgam fillings that have been a staple of dentistry since decades consist of approximately 50 percent mercury, a known toxin that can cause harmful effects in humans. Despite the presence of mercury, the U.S. FDA considers amalgam fillings safe for adults and children over six years old.
However, traditional amalgam materials present some challenges, such as the unsightly contrast to the teeth color, expansion and contraction of materials due to hot or cold liquids that could lead to a higher rate of fractures in the surrounding tooth and increased sensitivity. To tackle these issues, composite cavity filling has been created to protect the teeth from unseen decay.
Composite amalgam offers a reliable, durable, and aesthetics alternative for small- to medium-sized cavities, creating a better seal. Performance characteristics of composite amalgam have improved over the years to now rank as the most popular option. The ability to closely match the color to natural teeth makes composites a viable option for both front and back teeth.
Besides, composites offer superior bonding capabilities to the tooth structure. The emergence of composite fillings has given rise to the market, increasingly encouraging people to opt for the Amalgam, which in turn, augments the market demand for dental amalgam.
The cosmetic dentistry treatment market also supports the dental amalgam market. Furthermore, growing oral healthcare concerns worldwide, fuel the market growth predominantly. Increasing awareness among people about oral health plays a major role in fostering the Dental Amalgam Market Share growth.
Global Dental Amalgam Market – Competitive Landscape
The fiercely competitive market of dental amalgam appears to be fragmented with the presence of many well-established players having the global presence. Brand reinforcement, mergers & acquisitions, and innovation remain the popular trends for the key players in the market.
Key Players:
Patterson Dental, DMP Dental, APL Materials, Nanjing FoiNoe Co., Ltd., DMP, AT&M Biomaterials Co., Ltd., Kerr Corporation, BOME, Benco Dental Supply Company, and Henry Schein
Global Dental Amalgam Market – Segmentations
MRFR has segmented its analysis into five key dynamics for an easy grasp;
By Particle Shapes : Lath Cut Particles, Spherical Particles, and Admixed Particles among others.
By Particle Sizes : Micro Cut, Fine Cut, and Coarse Cut among others.
By Metals : Noble Metals (gold, silver, other), and Non-noble Metals (copper, gallium, others) among others.
By Number of Alloy Metals : Binary Alloy, Ternary Alloy, and Quaternary Alloy among others.
By Regions : North America, Europe, APAC and Rest-of-the-World.
Global Dental Amalgam Market – Geographical Analysis
Geographically, the North American region accounts for the leading market for dental amalgam, capturing the largest market share followed by the European & Asia Pacific region, respectively. High expenditure on health care is the main driving force for the market growth in North America. Moreover, burgeoning market in the US backed by the substantial investments significantly contributes to the market growth in the region.
Additionally, increasing demand for dental amalgam due to the prevailing dental problems such as tooth decay provides impetus to the market growth. Continuing with the same trends, the North America dental amalgam market is expected to create a larger revenue pocket in the global market by 2023.
The European region is the world’s second-largest market for dental amalgam. The market is driven by the high per capita health care expenditures and well-established healthcare sector in the region. Countries such as the UK, Germany, and France backed by the huge investments drive the regional market growth at a large scale. With the increasing investment in health care and the rising number of patients with dental diseases, the dental amalgam market in Europe is projected to register a phenomenal CAGR during the assessment period.
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The Asia Pacific dental amalgam market is expected to perceive an exponential growth, emerging as a promising market for the product. Growing markets of India & China backed by the vast population and the burgeoning medical treatment foster the market growth in the region. Furthermore, Vietnam, Thailand, and Malaysia among the other South East Asian countries are projected to contribute significantly to the regional market growth