Article -> Article Details
Title | Periodontal Therapeutic Market Overview with Detailed Analysis by 2023 |
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Category | Fitness Health --> Medicine |
Meta Keywords | Periodontal Therapeutic Market |
Owner | vinit |
Description | |
Periodontal continues to be one of the major causes of tooth
loss and a major oral health issue. The disease is common in both developed and
developing countries, affecting nearly 20 to 50% of the global population. Over
the years, different periodontal therapies have come up with a high degree of
effectivity. Both surgical and non-surgical treatment options available. The onset of periodontal issues could be triggered by poor
oral hygiene, diabetes mellitus, stress, smoking and hormonal changes in
females. The incidence rate has continued to grow, which is also driving the
demand for periodontal therapeutic. As per World Health Organization (WHO),
there is a high incident rate of gingival bleeding in adults worldwide.
Meanwhile, 10 to 15% of adults are affected with deep periodontal
pockets (6 mm or more) globally. Global periodontal
therapeutic market is set to witness a strong growth in the
forthcoming years. The latest study conducted by Market Research Future (MRFR)
reveals that the global periodontal therapeutic market will surge at 9.2% CAGR
during 2018 to 2023. Major drivers of the global periodontal therapeutic market
include rising geriatric population and growing worldwide healthcare spending.
Nevertheless, poor level of awareness and negligence towards oral hygiene,
especially in third-world countries are among the key bottlenecks for the
market. Segmental Overview The segmental analysis on the global periodontal therapeutic
market is based on treatment, type and end-users. By treatment, the market has bees segmented into local
antibiotics and systematic antibiotics. The local antibiotics segment is
further segmented into chlorhexidine, arestin and others. The systematic
antibiotics segment is further sub-segmented into metronidazole, minocycline,
doxycycline and others. Based on type, the market has been segmented into
aggressive periodontitis, chronic periodontitis, gingivitis and necrotizing
periodontal disease. By end-user, the market has been segmented into hospitals
and dental clinics Global Periodontal Therapeutic Market: Regional
Segmentation Key regions covered in MRFR’s report include Asia Pacific,
Europe, North America and the Middle East and Africa (MEA). In terms of
revenue, North America accounts for the predominant market share. This is
mainly owing to the higher prevalence of periodontal diseases among the elderly
population in countries such the U.S. and Canada. The data released by the
Centers for Disease Control and Prevention (CDC) reveals that nearly 50% of
people in the U.S. aged 30 of older suffer from periodontitis as advanced form
of periodontal disease. This is equivalent to around 64.7 Mn American with
periodontal diseases. Europe is also viewed as an important market for periodontal
therapeutic. The prevalence rate in Europe has increased in recent years.
Factors such as an expanding elderly population, availability of advanced
healthcare services and effective reimbursement policies are playing an
important role in driving the market growth in Europe. The market in Europe is
expected to exhibit a steady growth during the forecast period. Asia Pacific is the third largest market for periodontal
therapeutic and is expected to witness a strong growth over the next couple of years.
A large patient population coupled with increasing healthcare expenditure will
create significant opportunities for the market to grow in APAC during the
forecast period. The MEA market holds significant potentials for growth with
GCC countries at the forefront of it. Rising standard of healthcare, growing
level of awareness and introduction of favourable policies are factors
propelling the market in MEA. Competitive Landscape Some of the leading companies operating in the global periodontal therapeutic market include Tolmar Inc., Align Technology Inc., 3M-ESPE, Nobel Biocare Holdings AG, Orapharma, Valeant Pharmaceuticals Int. Inc., Mallinckrodt Pharmaceuticals, Teva Pharmaceutical Industries Limited., Ultradent Products Inc., Eli Lilly Company, Glidewell Laboratories, Inc., Den-Mat Holdings., Purdue Pharma L.P., Kaken Pharmaceutical, Dentsply International and Fibrocell Sciences, Inc,. |