September 07, 2021
According to the research report titled ‘Global Periodontal Market 2019-2028’, available with Market Study Report, global periodontal market is estimated to register a compound annual growth rate of 7.79% during 2019-2028.
Growing elderly and edentulous population, technological advancements, and proliferating medical tourism sector are some of the key factors driving the growth of global periodontal market growth.
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On the contrary, high costs associated with periodontal surgery, lack of proper diagnosis, and poor reimbursement policies could act as restraining factors to the growth of global periodontal market.
The regional scope of the overall market extends to Latin America, Asia-Pacific, Europe, North America, and Middle East & Africa, with key focus on countries such as India, Japan, China, Australia, South Korea, Mexico, Brazil, Italy, France, Spain, Germany, United Kingdom, Saudi Arabia, South Africa, Turkey, Canada, and the United States among others.
The report cites that Asia-Pacific is likely to capture the largest share in global periodontal market by the year 2028. Evolving consumer lifestyle, rising per capita income, widespread adoption of advanced technologies, and rising prevalence of oral disorders are complementing the business dynamics in Asia-Pacific.
In China for instance, high occurrence of non-communicable diseases has resulted in prevalence of oral disorders. Periodontal diseases are also known to be linked with various pregnancy outcomes such as low birth weight and preterm birth. This has propelled the number of periodontal clinics in China. In addition to this, favorable reimbursement policies and growing demand for simple treatment options are favoring the overall market scenario in China.
The major companies in global periodontal market are Danaher Corp., Medtronic plc, Apteryx Imaging Inc., Henry Schein Inc., Dexcel Pharma, Dentsply Sirona, Young Innovations Inc., 3M Company, DenMat Holdings LLC, Biolase, Straumann Group, Bausch Health Companies Inc., Oral Science Inc., Zimmer Biomet Inc., and Ultradent Products Inc.