Tuesday 27 September 2022

Dental Matrix Systems Market Overview, Growth Prospects and Outlook Report, 2030


The global Dental Matrix Systems Market size is expected to reach USD 589.1 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% from 2022 to 2030. A dental matrix system is used for three things, recreating the interproximal contact and the natural tooth shape, sealing the gingival walls and proximal of the prep, and overcoming the thickness of the matrix band. Dental matrix systems are built to establish a temporary interproximal wall of a tooth surface for the restoration procedure. 

Restorative dentistry is one of the growing markets in the healthcare domain across the world. The market is mostly driven by factors such as the growing dental restorative procedures, rising incidence of dental problems, and increased demand for cosmetic dentistry. Furthermore, rising dental tourism and the growing adoption of digital dentistry in emerging markets are anticipated to boost the market growth during the forecast period.

According to the National Institute of Dental Research, the most prevalent and common dental disease in both, adults and children is tooth decay. Nearly 92% of the population, between the ages of 20 to 64, have dental caries. The rising incidence of oral and dental problems is a major driver contributing to the growth of the market. With the rising disposable incomes in developing economies, the willingness to afford expensive dental procedures has also increased among the population, specifically among the aging population. 

Poor diet and sedentary lifestyle, especially amongst children, which leads to tooth decay, are driving the market. Furthermore, according to the American Dental Association (ADA), as of 2018, there are 199,486 dentists are working in the U.S. In addition, the Bureau of Labor Statistics mentions that dental cosmetic procedures are projected to increase by 19% from 2016 to 2026. This rising number of dental practitioners and clinics is also expected to contribute to the market growth.

The COVID-19 pandemic has significantly affected the market. Due to the lockdown and global restrictions being imposed in most of the countries initially, many dental treatments and procedures were halted. The COVID-19 pandemic has caused a significant disruption in the supply chain of the overall medical industry. The outbreak had resulted in a decrease in the number of dental procedures performed each year, resulting in an overall decline in the market.

Related Press Release@ Dental Matrix Systems Market Report

Dental Matrix Systems Market Report Highlights

  • The sectional dental matrix systems type segment dominated the market in 2021. This is due to the fact that sectional matrix techniques offer more predictable solutions to achieve contact areas
  • North America dominated the global market in 2021 with a revenue share of over 35.0% owing to the increasing number of dental professionals and dental service providers and rising technological advancements in the field of dentistry in the region
  • Asia Pacific is expected to register the highest CAGR of 6.9% over the forecast period owing to the rising awareness regarding dental problems and associated diseases, a growing patient population, and rapid technological advancements

 About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James

Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
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Email:
sales@grandviewresearch.com
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https://www.grandviewresearch.com

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