North American Market Forecast
The North American dental impression material market is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the rising cases of dental diseases and an increasing geriatric population in the region. As of 2019, the population aged 65 or over in North America was estimated to be approximately 21 million. Furthermore, the younger generation of the region is also observed to require particular dental care owing to significant changes in lifestyle. Centers for Disease Control and Prevention (CDC) released a set of data in 2020 demonstrating that 63% of the population aged 18 or above visited dentists due to some dental diseases in the USA. such factors are anticipated to hike the growth of the market in the region over the forecast period.
APAC Market Statistics
Furthermore, the global dental impression material market is projected to grow at a noteworthy pace in the Asia Pacific region. the growth of the market in the region is accounted for by similar factors which are the rising geriatric population and increasing cases of dental diseases. A report by Asian Development Bank (ADB) showed that by 2050, there will be around 923 million people aged 65 and above in Asia Pacific. Hence, the region is projected to provide lucrative opportunities for market growth during the forecast period.
Author Credits: Radhika Pawar
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