The Dental Plaster Market is solidifying its position within the dental industry, poised for a promising future. According to a recent industry analysis by Future Market Insights (FMI), a leading market research firm, the market is expected to reach US$238.6 million by 2032. This signifies a robust Compound Annual Growth Rate (CAGR) of 5.4% from its current valuation of US$140.8 million in 2022. This significant growth underscores the enduring relevance and expanding role of dental plaster in various dental applications.
The dental plaster sector, known for its integral role in the dental industry, is witnessing a paradigm shift as it embraces this impressive growth trajectory. The forecasted valuation of US$ 238.6 million reflects not just numerical advancement but the industry’s ability to innovate, adapt, and meet the evolving needs of the dental landscape.
Enhanced Stone Plaster (Type IV) to Spearhead Market Surge
In a pivotal shift in market dynamics, Enhanced Stone Plaster (Type IV) is anticipated to take the lead in 2021, boasting a dominant market share of approximately 30.7%. This surge is attributed to the extensive adoption range and versatile applications in dental cast goods, reflecting the industry’s adaptability and responsiveness to evolving demands.
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Replacing missing teeth with implants can aid with improvements in chewing better. Dental implants are widely used in this case, as they do not interfere with the original tooth tissue, and are non-invasive in case of external bridgework. The dental stone plasters are used to design the dentition mold for proper diagnosis and designing of a customized implant.
As the demand to look aesthetically perfect in all aspects is rising by the hour, the demand for dental implants is also rising since they are designed to look, feel, and function like natural teeth. This factor will propel the sales of the Global Dental Plaster Industry in the forecast period.
The Global Dental Plaster Industry is reliant on the rise in the metrics for dental treatments among the geriatric population group, the growing preference for dental implants, the surge in the popularity of cosmetic dentistry, and the use of gypsum in dental plasters.
Key Takeaways from the Dental Plaster Market Study
- By product, improved stone plaster (type IV) held the highest market value share of 7% in the year 2021.
- Dental clinics accounted for the largest market share of 2% by end-user segment in 2021 in the dental plaster market.
- Dental clinics have the maximum adoption of dental consumables like implants, prosthetics, braces, crowns, dental impression materials, and many more.
- North America is slated to be the largest leading region with a value share of 5% at the end of the forecast period owing to the large patient pool with oral diseases, and an increase in dental procedures in the region.
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Dental Plaster Market Competition
Top players in the Global Dental Plaster Industry are adopting strategies of launching new products with technological advancements to increase their customer base in traditional and non-traditional markets. With a fragmented market space, intensive competition exists among the local players and established international companies.
Some key developments in the Dental Plaster Market include:
- In April 2019, 3M Science launched “3M Filtek Universal restorative”. This product makes use of nano-fillers to produce an accurate nanocomposite.
- Heraeus Kulzer introduced “Delera”, a new tooth line for everyday use in February 2019. The popular tooth line is part of Kulzer’s extensive artificial tooth line, led by the Pala Premium line.
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Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and analyzes the latest industry trends in each of the sub-segments from 2017 to 2032. The Global Dental Plaster Industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the dental plaster market segment based on product– (impression plaster (type I), modeling plaster (type II), stone hard plaster (type III), improved stone plaster (type IV), high-strength plaster (type V)), by end-user (hospitals, dental clinics, academic institutes, others) across seven major regions.
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About Healthcare Division at Future Market Insights
Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you to devise innovation-driven trajectories for your business. Know more about our sector coverage
Key Segments Covered in Dental Plaster Market Research
By Product:
- Impression Plaster (Type I)
- Modelling plaster (Type II)
- Stone Hard Plaster (Type III)
- Improved stone Plaster (Type IV)
- High-strength plaster (Type V)
By End User:
- Hospitals
- Dental Clinics
- Academic Institutes
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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