$385.8+ million Gutta-Percha Market: Trends, Drivers, and Forecasts | CAGR of 7.1% to 2031
Gutta-percha Market Size, Share
PORTLAND, OREGON, UNITED STATES, August 23, 2024 /EINPresswire.com/ -- The global gutta-percha market, valued at $196.2 million in 2021, is poised for significant growth, with projections indicating it will reach $385.8 million by 2031, expanding at a compound annual growth rate (CAGR) of 7.1% from 2022 to 2031. This strong plastic substance, derived from the latex of Palaquium gutta trees native to Malaysia, plays a crucial role in dental care, particularly in root canal procedures.
𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
FKG DENTAIRE SA, Ivoclar Vivadent AG., META BIOMED CO. LTD., Henry Schein, Inc., Essential Dental Systems, Orikam Healthcare, EDGE ENDO, Davis Schottlander and Davis, DiaDent Group International, Produits Dentaires SA
𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/A24754
Gutta-Percha: The Backbone of Root Canal Therapy
Gutta-percha is a polymer with two crystalline forms, alpha and beta, that offers durability and insulation in dental treatments. It is primarily used as a filling material in root canals, where it is often combined with a sealer to create a fluid-tight closure. The market features three main types of gutta-percha: surface-modified, medicated, and nanoparticles-enriched. These types cater to various needs within dental care, enhancing the efficiency and outcomes of root canal procedures.
Market Drivers: Increasing Demand for Dental Care
The growth of the global gutta-percha market is largely driven by the rising prevalence of dental caries and other dental diseases, which in turn boosts the demand for root canal treatments. As dental conditions like tooth decay, gum disease, and dental cracks become more common, the need for effective treatment materials like gutta-percha grows. For instance, the American Association of Endodontists (AAE) reported that approximately 25 million root canal procedures were performed in the U.S. in 2021, with general dentists handling around 72% of these cases.
Moreover, the aging global population is contributing to this demand, as older individuals are more susceptible to dental issues requiring root canal therapy. The increasing awareness and accessibility of dental care in developing countries, such as India, China, and South Korea, further fuel this growth, as these regions see a rise in the incidence of dental diseases.
Challenges and Opportunities
While the gutta-percha market is on a growth trajectory, it faces certain challenges. Limited reimbursement options for dental procedures and the high costs associated with root canal treatments can act as barriers to market expansion. However, the surge in demand for advanced dental care at affordable prices, particularly in developing nations, presents significant opportunities for market players.
Government initiatives and programs, such as the World Health Organization's Global Oral Health Program (ORH), are also working to make dental care more accessible to underserved populations. These efforts are expected to bolster the demand for gutta-percha, especially as healthcare infrastructure improves worldwide.
Market Segmentation and Regional Analysis
The gutta-percha market is segmented by type, form, distribution channel, end user, and region. The surface-modified gutta-percha segment, which includes resin-coated and bio-ceramic coated variants, dominated the market in 2021 and is expected to maintain this lead due to the increasing demand for these advanced materials. The beta form of gutta-percha is particularly popular due to its stability and flexibility at room temperature.
In terms of distribution channels, retail pharmacies held the largest market share in 2021, driven by the rise in licensed pharmacies and the demand for root canal materials. However, online pharmacies are anticipated to grow rapidly, supported by the increasing number of internet users and the expansion of digital health services.
Regionally, North America led the market in 2021, thanks to the high volume of root canal procedures and a well-developed healthcare infrastructure. Asia-Pacific is expected to witness the fastest growth during the forecast period, spurred by government investments in healthcare and growing awareness of oral hygiene.
𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A24754
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release