The tooth regeneration market involves biomaterials and tools that assist in regrowing lost tooth structure by replacing or repairing damaged tissues. Tooth regeneration products consist of biomimetic scaffolds, enamel matrix derivatives, and stem cell therapy which help regenerate tooth-supporting structures.
The global tooth regeneration market size is estimated to be valued at US$ 4530.6 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Opportunity:
The expanding geriatric population presents a major opportunity for growth in the tooth regeneration market. As people age, they lose teeth due to deterioration of supporting structures like gums and bones. Older adults are more prone to dental problems and slower natural healing. With rising life expectancies, the number of elderly people globally is projected to double to over 2 billion by 2050. Tooth regeneration therapies offer a minimally invasive alternative to tooth loss and implants for the aging demographic by stimulating natural regrowth of dental tissues. Their ability to biologically regenerate teeth can significantly improve quality of life for the elderly by restoring chewing ability and confidence. This expanding patient pool suffering from age-related dental issues is expected to drive the tooth regeneration market over the forecast period.
Porter's Analysis
Threat of new entrants: The tooth regeneration market has moderate threat of new entrants due to high RD costs for bringing new products and solutions.
Bargaining power of buyers: The bargaining power of buyers is moderate as the tooth regeneration treatment options are limited and healthcare costs are rising.
Bargaining power of suppliers: Suppliers have moderate to high bargaining power due to patented product offerings and technologies required for tooth regeneration procedures.
Threat of new substitutes: The threat of new substitutes is low as tooth regeneration is still an emerging procedure with limited substitutes available.
Competitive rivalry: The competitive rivalry is high among existing players to gain higher market share through new product launches and strategic partnerships.
SWOT Analysis
Strengths: Advanced treatment options like stem cell therapy and growth factors offer high success rates. Rising dental healthcare expenditure globally boosts market growth.
Weaknesses: High costs of treatments limit its adoption. Lack of reimbursement policies in many countries hamper the market.
Opportunities: Increasing research focus on bioactive molecules and tissue engineering provides growth avenues. Promising emerging markets like Asia Pacific present new opportunities.
Threats: Stringent regulatory approvals delay market access. Limited clinical efficacy data challenges widespread adoption.
Key Takeaways
The global tooth regeneration market is expected to witness high growth over the forecast period backed by increasing cases of tooth loss, rising dental tourism and growing focus on dentin regeneration.
The North America region currently dominates the tooth regeneration market owing to well-established healthcare infrastructure, rising prevalence of dental diseases, and growing spending on dental healthcare and oral hygiene in the region.
Key players operating in the tooth regeneration market are Institute Straumann AG, DENTSPLY Sirona, Datum Dental, Camlog Biotechnologies AG, BioHorizons, Unilever, 3M, Zimmer Biomet, Ocata Therapeutics, and Integra LifeSciences.
