Dental Fiberglass Posts Market Segmented By Tapered, Parallel, Combination Type in Dental Hospitals, Dental Clinics, Ambulatory Surgical Centers
Industry: Healthcare
Format: PPT*, PDF, EXCEL
ID: PMRREP30453
Last Updated: 8 June 2022
Number of Pages: 175
Dental Fiberglass Posts Market witnessed a CAGR of 4.1% between 2014 and 2021. The Global Dental Fiberglass Posts Market is likely to witness a steady CAGR of 3.8% between 2022 and 2029. In 2022, the Global Dental Fiberglass Posts Market size was US$ 77 million, which is projected to reach US$ 99.6 million by the year 2029. The growing awareness regarding dental care and benefits of fiberglass dental posts over the metal posts is the major factor driving the growth of this market.
| Attribute | Key Insights |
|---|---|
|
Dental Fiberglass Posts Market Size (2022) |
US$ 77 Mn |
|
Projected Market Value (2029) |
US$ 99.6 Mn |
|
Global Market Growth Rate (2022-2029) |
3.8% CAGR |
|
Share in parent market |
4.3% |
Dental fiberglass posts, these days, are amongst the most commonly used dental posts due to their advantages over metal posts. Furthermore, a rise in disposable income, increased awareness about dental care, an increase in dental aesthetics therapy, as well as an increase in the geriatric population are driving market growth and are expected to do the same throughout the forecast period.
Dental fiberglass posts are the most commonly used dental posts because of their additional benefits as compared to metal posts. Dental fiberglass posts are available in parallel and tapered shapes. The tapered designs are advantageous because they preserve dentin and minimize stress without compromising strength. Moreover, the majority of dental equipment is tapered in shape, hence, tapered dental fiberglass posts are majorly used over the other types. The rising popularity of dental fiberglass posts and their increasing adoption are the primary factors driving the market growth, and this trend is expected to continue throughout the forecast period.
The market is expanding due to an increase in the geriatric population. Research states that one in every six people in the world will be aged 65 or above by the end of 2050. This situation is likely to drive the growth of the Dental Fiberglass Posts Market because dental problems increase with age and necessitate proper treatment and various procedures, which will increase demand for Dental Fiberglass Posts, propelling the market growth.
The global dental fiberglass posts market is being driven by an increase in dental aesthetics as well as dental care awareness. This is primarily due to an increase in disposable income, which makes dental care a reality for many people, particularly in the emerging economies. People these days undergo a variety of dental aesthetic procedures for cosmetic reasons; this significant increase in demand and desire to look good is driving the growth of the dental fiberglass posts market.
Dental tourism is a significant and rapidly growing segment of medical tourism. An increase in a country's in-bound dental tourism can have a significant positive impact on the region's dental fiberglass posts market. Many people from Europe and North America travel to countries like Russia and India for low-cost, high-quality dental procedures. The rise in dental tourism is expected to drive the growth of the dental fiberglass posts market significantly.
Dental care services are very expensive, and most dental policies do not cover all dental services. The high cost of dental procedures is a significant impediment to market growth because people from middle and low-income households cannot afford such costly procedures. Limited reimbursement for dental procedures and high dental procedure costs may impede the growth of the dental fiberglass posts market throughout the forecast period.
“Decrease in the Demand of Dental Fiberglass Posts due to lockdown”
The covid-19 outbreak had a negative impact on the global economy but it fueled the growth of the Dental Fiberglass Posts Market because there has been a significant decrease in the demand for Dental Fiberglass Posts since the Covid-19 virus outbreak because of postponement of such procedures due to the lockdown and strict guidelines issued by governments. However, the demand increased again when the situation improved in 2021.
The Dental Fiberglass Posts market is highly competitive and consists of significant major players that dominate the market. The market players are focusing on product innovation and increasing their market share by introducing new products.
| Attribute | Details |
|---|---|
|
Forecast Period |
2022-2029 |
|
Historical Data Available for |
2014-2021 |
|
Market Analysis |
|
|
Key Regions Covered |
|
|
Key Countries Covered |
|
|
Key Market Segments Covered |
By Product |
|
Key Companies Profiled |
|
|
Customization & Pricing |
Available upon Request |
Dental Fiberglass Posts Market by By Product
Dental Fiberglass Posts Market By Product Type
Dental Fiberglass Posts Market by Region
Kindly get in touch with our sales representative for information on delivery timeline of this report.
In 2022, the Dental Fiberglass Posts Market stands at USD 77 million, and it is expected to reach USD 99.6 million by 2029 at a CAGR of 3.8%.
Dental Fiberglass Posts Market exhibited a 3.5% CAGR between 2014 and 2021.
High cost of dental procedures is the key restraints in the Dental Fiberglass Posts Market.
Rising geriatric population and increased adoption of Dental Fiberglass Posts are the key factors driving the growth of the market.
Harald Nordin SA, 3M Company, Abrasive Technology, FGM Produtos Odontológicos, and Brasseler USA are among the top players in the market.
