by The Tooth Regeneration Market is estimated to be valued at US$ 4793.37 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview: –
The tooth regeneration market comprises products involved in regenerating lost tooth structure through biomedical engineering approaches. These products aim to regenerate dental tissues including dentin, cementum, and enamel by utilizing stem cell and gene therapy. They help stimulate natural tooth-forming processes, reducing healing time and risk of future complications associated with traditional dental treatments.
Market key trends: –
One of the key trends in the tooth regeneration market is the advancement in regenerative dental products. Manufacturers are investing heavily in research and development of novel biomaterials, stem cell therapeutics, and tissue engineering technology to enhance tooth regeneration. For instance, Biotechnology company StemCells Inc. is engaged in developing human neural stem cell technology for central nervous system disorders as well as regenerative dental treatments. Similarly, Ocata Therapeutics is discovering and developing stem cell therapies for restoring vision, as well as natural tooth regeneration using its stem cell-based immunotherapy called OCAT-101. These new-age products facilitate faster recovery and enable regeneration of lost dental tissues.
Porter’s Analysis: –
- Threat of new entrants: – The threat of new entrants in the tooth regeneration market is moderate. Significant capital investments are required to penetrate this industry due to strict product regulations.
- Bargaining power of buyers: – The bargaining power of buyers is low as tooth regeneration procedures offer painless solutions for replacing damaged teeth. Only a few companies operate in this niche segment.
- Bargaining power of suppliers: – A few companies control the supply of materials required for tooth regeneration. This gives them moderate bargaining power over suppliers.
- Threat of new substitutes: – Implant dentistry and bridges are the major substitutes. However, tooth regeneration provides a more natural alternative with less trauma.
- Competitive rivalry: – Competition is high due to the presence of multinational corporations offering varied tooth regeneration solutions.
SWOT Analysis: –
- Strength: – Tooth regeneration provides permanent solutions for replacing teeth without the need for removable dentures or bridges. Several clinical trials have validated the safety and efficacy of these procedures.
- Weaknesses: – High costs involved and lack of insurance coverage deter many from opting for these procedures. Success rates for complex cases are still being evaluated.
- Opportunities: – Rising incidence of tooth loss due to periodontal disease and injuries creates demand. Moreover, aging population fuels the need for dental care.
- Threats: – Stringent regulations delay market approvals. Low awareness in developing nations also restricts growth.
Key Takeaways: –
The Global Tooth Regeneration Market Demand is expected to witness high growth at a CAGR of 5.8% over the forecast period due to increasing prevalence of tooth loss worldwide.
North America currently dominates the market and is expected to maintain its lead through 2030. This can be attributed to the presence of major market players, rising dental expenditure, and growing focus on esthetic dentistry in the region.
Asia Pacific exhibits the fastest growth due to large patient pools, increasing disposable incomes, and growing dental tourism in countries like India, China, and South Korea.
Key players operating in the tooth regeneration market are Institute Straumann AG, DENTSPLY Sirona, Datum Dental, Camlog Biotechnologies AG, BioHorizons, Unilever, 3M, Zimmer Biomet, Ocata Therapeutics, Integra LifeSciences, CryoLife, and BioMimetic Therapeutic. They offer a wide range of products for socket preservation, tissue regeneration, and whole tooth regeneration procedures.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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