The Dental Amalgam Market is expected to reach $ 500 million by the end of 2023, this market is projected to growing at a CAGR of ~ 5 % during 2017-2023.
Dental amalgam are alloys containing of liquid mercury and metal alloy mixtures of silver, copper, zinc, gold and other material that are utilized to fill cavities caused by tooth decay. There has been developments in materials like use of high-copper alloys that has less corrosion, greater strength, and minimal sensitivity to effects when placed in tooth cavity. Another advancement has been the substitution of zinc with the amalgam alloys.
There has been problems with the potential toxicity of mercury and rare events of allergic reactions. In March, 2017 the European Parliament agreed on the final version of its regulation on mercury. There has been a product development with increasing use of noble metals such as gold, silver, and others in the amalgams. Admixed particles alloys have dominated the other segments by particle shape such as lath cut particles and spherical particles so as to combine the benefits of both. Although binary alloy and ternary alloy lead the segment of alloy metals, the quaternary alloy amalgams is the fastest growing market.
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There has been increasing strong competition from other dental restoration materials such as resins, ceramic materials and others. The market may witness slower growth especially in the developed markets with stable market.
The market is expected to witness a steady growth by 2023, surpassing its previous growth records in terms of value with a stable CAGR.
Global Dental Amalgam Market – Competitive Analysis
APL Materials, DMP, Nanjing FoiNoe Co., Ltd., AT&M Biomaterials Co., Ltd., DMP dental, Patterson dental, BOME, Kerr Corporation, Benco Dental Supply Company, Henry Schein, Inc. are some of the prominent players at the forefront of competition in the Global Dental Amalgam Market and are profiled in MRFR Analysis.
Considering the presence of various large and small players, the global market of dental amalgam is expected to be highly competitive and fragmented. With well-established market in the Americas region key companies find hub for the market in the region and produce maximum revenue. Moreover, these companies have found opportunity in developing countries and have expanded their presence in various other developing regions. Furthermore, the other small and medium scale players are generating revenue from local market.
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The report for Global Dental Amalgam Market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
Global Dental Amalgam Market – Regional Analysis
On the basis of region the global dental amalgam market, is divided into North America, Europe, Asia Pacific and Middle East, and Africa. North America accounted for the largest share for the global market for dental amalgam with U.S. being the major country in the region. The large share accounted due to high per capita income, the quick adoption of new technology, growing awareness, and presence of major manufacturers. However, the growth of the market in in the region is not higher compared to other regions, this is mainly due to strong competition from other materials with better aesthetics such as glass, ceramics, resins etc.
Europe accounted for the second position with respect to global dental amalgam market. The European region is led by Germany, France and U.K.
However, the developing regions such as Asia Pacific accounted for the fastest growing region for the global dental amalgam. Countries such as China and India are growing faster countries. Leading countries of the developing world such as Japan, Australia, China, and India will command a major hare for the market for dental amalgam in the Asia Pacific regions. The decreasing prices of dental amalgams and the huge numbers of patients with unmet needs will lead to dominance of these regions in dental amalgam market in near future.
The Middle East & Africa market is estimated to be led by gulf countries such as Saudi Arabia, UAE and others due to the rising influence of tourism and lifestyle industry.
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