Dental Gypsum Market Value to Surpass US$ 180.1 Mn by 2031: TMR Study
- Rise in demand for die dental stone plaster is driving the global dental gypsum market
- Increase in demand for dental gypsum in hospitals is propelling the market
WILMINGTON, Del., Jan. 4, 2023 /PRNewswire/ -- According to a study published by Transparency Market Research, the global dental gypsum market is anticipated to grow at a CAGR of 5.1% during the forecast period from 2022 to 2031.
Dental gypsum has become a key component of dental procedures in the past few years. It is manufactured using gypsum, which is processed to produce a high quality product that has been extensively used in the dental industry.
Dental gypsum has proven beneficial in making impressions of teeth, develop models of the mouth and the teeth, and in the fabrication procedure of dental restorations such as bridges and crowns.
New product launches are helping key dental gypsum market players to gain an edge over other players and garner higher revenue. For example, in February 2019, Kulzer announced the launch of a new digital scanner, which has proven to offer increased efficiency, high precision, and superior productivity as compared to other products in dental applications.
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Key Findings of Market Study
- Increase in Demand for Die Dental Stone Plaster Fueling Market Growth: Based on product, the global market has been classified into dental plaster, die dental stone, and model dental stone. The die dental stone segment held dominant market share in 2021. Increase in demand in different dental procedures, such as creation of oral structures, fabrication of bridges & crowns, and manufacturing of dentures, is propelling the segment.
- Rise in Demand in Hospitals to Boost Industry Growth: In terms of end-use, the global dental gypsum market has been divided into hospitals, dental clinics, and academic & research institutes. The hospitals segment is projected to account for major market share during the forecast period. This is ascribed to rise in number of dental hospitals & clinics and increase in the popularity of dental tourism.
Dental Gypsum Market - Key Drivers
- Increase in demand for dental care & dental products due to rise in focus on oral hygiene is driving the global dental gypsum market
- Surge in demand for dental gypsum in different dental applications, such as orthodontics and dental education, is boosting market development
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Dental Gypsum Market - Regional Insights
- North America accounted for the dominant market share in 2021. The trend is expected to continue during the forecast period. Rise in research & development activities in the dental industry and presence of key players in countries such as the U.S. and Canada contribute to the growth of the dental gypsum market in the region.
- The market in Asia Pacific is expected to witness substantial growth during the forecast period due to the availability of affordable dental treatments and increase in awareness about oral health treatment in developing economies such as India
Dental Gypsum Market - Key Players
The global market is fragmented, with of the presence of large number of international and local players. New players entering the market are likely to intensify the competition during the forecast period.
Prominent market players are investing significantly in research & development activities to produce improved products that would meet customer requirements across different end-use industries. Rise in demand for these products is likely to augment market size during the forecast period.
Key players in the market are Saint-Gobain Formula, Kulzer, Kerr Dental, 3M Science, Gyprock, and Georgia-Pacific Gypsum.
The global dental gypsum market is segmented based on:
- Product Type
- Dental Plaster
- Die Dental Stone
- Model Dental Stone
- End-use
- Hospitals
- Dental Clinics
- Academic & Research Institutes
- Regions Covered
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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