Market Scenario
Under the impact of factors such as the growing prevalence of cosmetic dental care, developments in medical technology, government programmes promoting research in the field of dentistry and growing dental tourism in developing markets, the demand for dental adhesives is expanding worldwide. However, the growth of the Denture Adhesive Market is limited by large capital investments needed for cosmetic dental procedures and tight regulatory policies. In addition, the low dental hygiene quotient for adults in the 30-40 age group and high treatment costs in North American and European countries are other significant constraints on this market.
Segmental Analysis
Based on the product, type of ingredients, application, etching technique, and end-user, the global denture adhesive market has been segmented.
The market is segmented by category into cream, adhesive sheets, and others.
The market is segmented into adhesives, anti-microbial agents, plasticizing agents, flavouring agents, and others, taking into account the form of ingredients. Adhesive agents are further segmented into tragacanth, hexachlorophene, sodium tetraborate, sodium borate and others are further segmented into karaya gum, gelatin, pectin and others.
The market is segmented into self-etch, total-etch, and limited etch, depending on the etching technique.
The market is segmented into the preservation of radiation carriers, xerostomia in denture wearers, and maxillofacial deficiencies with respect to use.
On account of end-user, the market is segmented into dental academic research institutes, hospitals clinics, and others. During the forecast era, the dental hospitals clinics segment is expected to be the largest and fastest-growing end-use segment of the dental adhesive industry. For hospitals clinics in countries, increasing dental tourism forms a significant revenue pocket.
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Regional Synopsis
The market has been segmented into Asia-Pacific, Europe, and the Middle East Africa the Americas, according to region.
Thanks to the growing understanding of beauty, growing specifications of different dental procedures and widespread use of dentures, the Americas is the industry leader for the global denture adhesive industry. In addition, the denture adhesive market in the Americas will see positive growth due to the growing focus on dental hygiene and an increasing amount of dental restoration. Growing individual per capita income as well as increasing healthcare spending, would also boost the upmarket growth of the Americas.
In the global denture adhesive market, Europe accounted for the second-largest market. Due to the growing demand for dental restoration surgery due to increasing road accidents and the increasing research and development of dental implants, the European market is expected to see robust growth during the projected period. Furthermore, the growth of the denture adhesive market in Europe is likely to be spurred by factors such as expanded government interventions and research support, the advancement of innovative medical care solutions, the presence of a booming medical device industry and the availability of attractive reimbursement policies.
Due to the incidence of road accidents in this country, which has fuelled the market demand for dental restoration surgery, Asia-Pacific is projected to be the fastest-growing denture adhesive market. In addition, a growing understanding of aesthetics and regulatory policies that are comparatively lenient, as well as the provision of beneficial policies, will propel the market growth during the forecast period.
Due to some significant reasons, such as inadequate access to specialized care facilities, lack of trained dentists to conduct dental repair and restoration procedures, the Middle East Africa is projected to see the least growth in the industry.
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Competitive dynamics
The major players operating in the denture adhesive market include Janssen Biotech, Inc., Valeant Pharmaceuticals International, Abbott Laboratories, Novartis AG, AbbVie, Inc., Alkem Laboratories Limited, Takeda Pharmaceutical Company Limited, Pfizer Inc., UCB Inc, Biogen Inc., and Allergan plc.
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