An increasing number of patients suffering from different dental diseases have increased the demand for different treatments in the market. During the last few years, dental consumables have changed the treatment scenario. The market is expecting healthy growth during the next decade. Moreover, well-developed technology has supported the growth of the market in this region.
The global microdontia market is expected to grow at a CAGR of ~5.6 % during the forecast period 2017-2023.
The increasing prevalence of microdontia is the major factor contributing to the growth of the market and is likely to increase in the coming years due to the increasing prevalence of dental problems and aging populations worldwide.
The global microdontia market is segmented on the basis of types, by treatment, and by end user. On the basis of type, it is segmented into true generalized microdontia, relative generalized microdontia, and localized (focal) microdontia. On the basis of treatment, it is segmented into cosmetic dentistry, and others. On the basis of end user, it is segmented into dental clinics, dental laboratories, and others.
The Americas dominate the global microdontia market owing to the presence of huge patient population with dental diseases, high healthcare spending, and increasing government support for research & development.
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Europe holds the second largest share of the global microdontia market as result of increasing focus of various government agencies on the treatment of dental diseases such as microdontia. Moreover, the growing public awareness about microdontia likely to boost the Europe market.
Asia Pacific is the fastest growing microdontia market across the globe. Japan holds the major share of the regional market due to availability of advanced technology and huge healthcare spending. Moreover, rapidly developing economy, increasing healthcare expenditure, and the government’s initiatives for research & development projected to drive the market in China and India over the forecasted period.
Some of key the players in the market are Patterson Dental (U.S.), Henry Schein (U.S.), Dentsply Sirona (U.S.), 3M (U.S.), Straumann (Switzerland), Danaher Corporation (Switzerland), PLANMECA OY (Finland), Carestream Health, Inc., Biolase Inc, KERR Corporation, GC orthodontics, and American Orthodontics.
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