Report code - SRAM147Published On : May,2024No. of Pages: 120
Composite Filling Market in Dental Restoration Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2024-2030
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Composite Filling Market in Dental Restoration Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2024-2030
The Composite Filling Market in Dental Restoration is segmented by Filler Particle Type (Nanohybrid, Microhybrid, Micro-filled Composites, Nano-filled Composites, and Other Composites), by Defect Class Type (Class I, Class II, Class III, Class IV, Class V, and Class VI), by End-User Type (Hospital, Dental Clinic, and Laboratory), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, Italy, The UK, Spain, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).
The Composite Filling Market in Dental Restoration is segmented by Filler Particle Type (Nanohybrid, Microhybrid, Micro-filled Composites, Nano-filled Composites, and Other Composites), by Defect Class Type (Class I, Class II, Class III, Class IV, Class V, and Class VI), by End-User Type ...
“The Composite Filling Market in Dental Restoration size was US$ 0.6 billion in 2023 and is likely to grow at an impressive CAGR of 6.3% in the long run to reach US$ 0.9 billion in 2030.”
Composite resin is a versatile dental material widely used for restorative and cosmetic dental procedures. Composed of a mixture of synthetic resins and finely ground glass or ceramic particles, the composite resin is known for its ability to closely mimic the appearance and color of natural teeth. It is commonly used for filling cavities, repairing chipped or fractured teeth, reshaping teeth, and improving the esthetics of smiles through bonding and veneers.
Market Drivers
The growing geriatric population coupled with increasing awareness towards oral hygiene is causing a worldwide rise in dental check-ups. Composite filling materials offer various color shades to match the natural color of the tooth; thus, fulfilling the increasing demand for dental aesthetics.
Recent Developments
The composite filling market in dental restoration is gradually heading toward consolidation. In the past few years, the market has witnessed several mergers & acquisitions. Some of the most prominent strategic alliances in the industry include the merger of Dentsply International Inc. and Sirona Dental Systems Inc. to form Dentsply Sirona Inc., in 2016.
Similarly, in 2014, Kerr (now a subsidiary of Envista) acquired Dux Dental to further expand its product portfolio and to better serve dental professionals.
COVID-19 Impact
The long-term business outlook seems positive for the composite filling market in dental restoration. After a hefty decline in 2020, the market is estimated to register a fast recovery from 2021 onwards.
Mandates for the safe execution of dental procedures are anticipated to bring back patient footfall in hospitals and dental clinics. Advancements in dental procedures, rising dental tourism, and growing dental expenditure are projected to boost the market demand in the years to come.
Segments Analysis
Segmentations
List of Sub-Segments
Segments with High Growth Opportunity
Filler Particle- Type Analysis
Nanohybrid, Microhybrid, Micro-filled Composites, Nano-filled Composites, and Other Composites.
Nanohybrid is likely to dominate the market in the coming years.
Defect Class-Type Analysis
Class I, Class II, Class III, Class IV, Class V, and Class VI.
Class I is expected to be the fastest-growing market during the forecast year.
End-User- Type Analysis
Hospital, Dental Clinic, and Laboratory.
The dental clinic is expected to remain the dominant end-user of the market.
Regional Analysis
North America, Europe, Asia-Pacific, and The Rest of the World.
Europe is expected to remain the largest market, while Asia-Pacific is expected to maintain its reign over the forecast period.
By Filler Particle Type
“Nanohybrid is currently dominating the market for composite filling in dental restoration during the forecast period”.
The market is segmented based on the filler particle type into nanohybrid, micro-hybrid, micro-filled, nano-filled, and others. Nanohybrid currently dominates the dental restorative composite filling market, driven by a wide array of factors including easy application, reduced sitting period, and easy availability.
These materials are also projected to witness higher growth rates during the forecast period, driven by increasing demand from dentists and dental care organizations.
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By Defect Class Type
“Class-I defect class is expected to be the fastest-growing category during the forecast period”.
The market is segmented into Class I, Class II, Class III, Class IV, Class V, and Class VI. Class I is likely to remain the largest and fastest-growing defect type during the forecast period.
The rising population index and unhealthy eating habits among teenagers and young children have significantly increased the cases of class-I defects among the population, supporting the fastest growth of this defect type. Class-V is the second-fastest-growing defect type during the same period.
By End-User Type
“Dental clinic is expected to remain the dominant segment of the composite filling market during the forecast period”.
The market is also segmented based on the end-user type into dental hospitals, dental clinics, and laboratories. The dental clinic dominated the market with a share of more than 50% in 2023 andis expected to remain the dominant segment over the next six years, propelled by a growing number of dentists coupled with specialized attention provided to patients at dental clinics. Hospitals also have a significant share of the market.
Regional Analysis
“Europe will remain the largest market, while Asia-Pacific is set to grow the fastest during the forecast period”.
In terms of region, Europe is expected to remain the largest marketfor composite filling in dental restoration during the forecast period, owing to the higher preference for composite filling over amalgam and the presence of key dental companies in this region. Germany, France, the UK, and Italy are estimated to be the major markets in the region over the coming years.
Asia-Pacific is projected to witness the highest growth during the same period. The high population base of key Asian countries, such as India and China, and a rapid shift from amalgam to composite filling are the major factors behind the region's growth. Additionally, the rise in the demand for regular oral check-ups to maintain oral hygiene is further elevating the growth of composite filling in the region
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Key Players
The market is highly consolidated with the presence of around 100 players. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc. The following are the key players in the Composite Filling Market in Dental Restoration:
Here is the list of the Top Players (Based on Dominance)
Dentsply Sirona Inc.
3M Company
Ivoclar Vivadent Inc.
Envista Holdings Corporation
Coltene Holding AG
GC Corporation
Shofu Global
BISCO Inc.
Voco Dental
Note: The above list does not necessarily include all the top players in the market.
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Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Composite Filling Market in Dental Restoration
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Research Methodology
This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Composite Filling market in dental restoration realities and future market possibilities for the forecast period.
The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research:
Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
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Composite filling is an alloy composed primarily of iron and silicon, with varying concentrations of other elements such as carbon and aluminum. It is commonly used as a deoxidizing agent and alloying element in the production of steel and cast iron.
The composite filling market is estimated to grow at a CAGR of 6.3% by 2030, due to continuous advancements in composite filling materials that have improved durability, esthetics, and ease of use. The dental industry is witnessing steady growth globally due to increased dental awareness.
Asia-Pacific is projected to witness the highest growth during the same period. The high population base of key Asian countries, such as India, and China, and a rapid shift from amalgam to composite filling are the major factors behind the growth of the region.
Europe is estimated to have the largest market share in the composite filling market in the foreseeable future primarily due to European countries generally having high levels of dental awareness among their populations and advanced healthcare infrastructure.
Nanohybrid filler particle is estimated to be dominant in the composite filling market because the nanohybrid composite offers a balance of physical properties like strength, wear resistance, and durability.