Acknowledging the exponential growth the market perceives currently and the potential of the market to grow in the future; Market Research Future (MRFR), in its recently published market forecast asserts that the global Sleeping Bruxism Treatment market will grow to USD 9 Billion by 2023, registering ~ 5 % CAGR throughout the forecast period (2018 – 2023).
The latest report by Market Research Future (MRFR) affirms that the Global Sleeping Bruxism Treatment Market is set to accrue USD 638.22 million at 6.7% CAGR during the forecast period (2018–2023). This growth can be put down to growing prevalence of dental diseases and consequently growing dental procedures coupled with growing funding and healthcare insurance coverage across the globe. Moreover, changing lifestyle, elevating demand for affordable healthcare delivery systems, rapid health insurance penetration, mergers and acquisitions to reach untapped markets, and government initiatives trigger the global market growth. Also, aging population and stressful lives led by a large population have an influence on the market.
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However, restraining factor such as expensive treatment may hinder the market growth to some level. On the flip side, several types of research and tests are being conducted to enhance treatment for sleep bruxism. Various methods such as drug therapy, behavioral therapy, custom dental and mouth guards are being developed to find out the most effective treatment procedure for sleeping bruxism. These researches help upgrade the treatment procedures, thus leading to market growth.
Technological advancements transpired in the medical science backed by the substantial investments in the R&D activities for the innovation & development of the medical devices, treatments & medicines foster the market growth of the disease, excellently. However, factors like unmet medical needs & drug resistance along with the high cost associated with the treatments are anticipated to restrict the market growth. Nevertheless, technological advancements transpired in the healthcare are expected to foster the market growth, presenting more advanced and cost-effective treatments.
Key Players for Global Sleeping Bruxism Treatment Market
Market Research Future (MRFR) recognizes the following companies as the key players in Sleeping Bruxism Treatment Market: There are plenty of large and small market players which operate in this market all over the globe.
The key players competing in the market are S4S Dental Laboratory, Ipsen Biopharmaceuticals, Inc., Merz Pharma GmbH & Co. KGaA, Carestream Dental, Ivoclar Vivadent AG, Randmark and Dental Products LLC.
Segments for Global Sleeping Bruxism Treatment Market
The MRFR analysis is segmented into seven key dynamics for an enhanced understanding.
By Types: Primary and Secondary Bruxism, among others.
By Diagnosis: Clinical Examination, Electromyographic Methods, Polysomnography, and X-rays among others.
By Treatment Types: Dental Approaches and Medication among others.
By Causes: Malocclusion, Sleep Paralysis, Obstructive Sleep Apnea, Gastroesophageal Reflux Disease (GERD), and Obstructive Sleep Apnea among others.
By Patient Types: Pediatric, and Adult, others.
By End-Users: Hospitals, and Dental Clinics among others.
By Regions : Europe, North America, APAC and Rest-of-the-World.
Regional Analysis for Global Sleeping Bruxism Treatment Market
The Americas market accounted for 39.1% share in 2017 in the sleeping bruxism treatment market. Factors such as rising stress and anxiety among the population have led to this market growth. Rising government funding and growing healthcare insurance coverage also contribute to the market’s expansion in the region.
Europe is the second largest market owing to growing cases of sleeping bruxism. High economy, growing dental awareness, growing number of dental clinics and healthcare infrastructure aid in market growth in the region. A large number of people also suffer from sleep disorders, snoring and irregular breathing which gives rise to sleeping bruxism, driving the market progress in the area.
On the other hand, Asia Pacific will observe steady growth due to rapid adoption of sophisticated healthcare technology, rapid economic growth, massive population size, and rise in investments in the healthcare sector. The pediatric population is growing tremendously which also shapes the market size positively. Furthermore, elevating awareness in terms of sleep bruxism and rapidly growing dental industry in countries such as China, India, Japan, and South Korea can spur overall market demand.
The Middle East & Africa market will experience sluggish growth as there is less exposure to the healthcare services along with lack of awareness about sleeping bruxism.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
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