August 16, 2019 by Amanpreet
The global market for dental anesthetics represents a fairly fragmented competition landscape, wherein the top five players account for 30-35% revenue shares. Leading companies operating in the dental anesthetics marketplace are directing their strategic efforts to firm up global presence through production capacity expansion and collaborations with the widespread end users. They are also prioritizing R&D, in addition to strategic mergers & acquisitions, involving regional leaders. On the other hand, a large number of smaller companies that represent a larger portion of the global market revenues, continue to focus on regional expansion, new launches, and product commercialization.
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A combination of various factors and opportunities exist across the dental supply chain, i.e. from the point of manufacturers to the point of sale. Manufacturers of dental anesthetics are increasingly focusing on the protection of supply chain integrity and brand reputation. Various manufacturers are focusing on tie-ups with authorized distributors to meet their requirements for managing products to help ensure dentists receive authentic and compliant dental products that work as advertised. Increasing access to healthcare, especially in developing countries, combined with the demand for personalized treatment is influencing manufacturers to focus on accelerating their production while ensuring cost-efficiency.
Dental anesthetics continue to witness lucrative opportunities across the countries on the backdrop of increasing number of dental clinics and surgery centers worldwide. Moreover, the growth in the healthcare industry is likely to squarely influence the dental anesthetics market.
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Dental anesthetics are being adopted widely owing to the increasing demand for painless surgeries and operations. The trending convergence of a new alternative to non-injectable dental anesthetics is likely to create remunerative growth opportunities for dental anesthetics market.
The dramatic rise in tooth restoration is attributed to increasing tooth infection and disorders. The health care systems for the geriatric population is considered to be a major concern within health care sector. However, provision of medical facilities for dental-related injuries for this demographic is likely to be profitable for hospitals and dental clinics.
In addition to this, increasing rate of dental implants, especially in developed countries like the United States, the United Kingdom, France, etc. are likely to upsurge the demand for dental surgeries. Root canal procedures are chiefly used to establish stable lesion by removing infected tissue. Thus, dental anesthesia performed during root canal procedures are likely to gain popularity on account of advances in this sector along with the rise in patients with dental implants.
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