Market Size of Dental Adhesives and Sealants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Dental Adhesives & Sealants Market Analysis
The Global Dental Adhesives and Sealants Market is projected to register a CAGR of over 5% during the forecast period (2021-2026).
The market has been negatively impacted by the COVID-19 pandemic. Due to nationwide lockdowns and strict social distancing measures, the dental economy, along with several other healthcare sectors, came to a halt in March and April 2020. During this time, the dental community's early proactive response to help flatten the curve and preserve personal protective equipment (PPE) had a significant impact on the dental economy thus affecting the demand for dental adhesives and sealants. However, with 90 percent of dental practices reopened, dentistry has the fastest growth. Thus, the market has recovered in the second half of 2020.
- Over the medium term, the major factors driving the market are increasing health expenditures and emphasis on improving dental procedure outcomes in developing countries, increase in the aging population around the world.
- However, on the flip side, the high cost of treatment and COVID-19 impact are expected to hinder the growth of the market studied.
- North America accounted for the largest market, accounting for more than 40% of the global market share, followed by Asia-Pacific.