Monday, 9 December 2019

Rising Focus on Dental Health to Influence Denture Adhesive Market

Denture Adhesive Market Overview
The Global Denture Adhesive Market, as per a report by Market Research Future (MRFR) is touted to register a healthy CAGR during the forecast period (2017-2021).
The soaring awareness regarding aesthetics, coupled with the rising demand for denture adhesives, the market is likely to flourish over the review period. High focus on dental health and rising demand for various dental procedures are likely to influence the denture adhesive market’s growth. Rising disposable income, coupled with increasing patient population, are further leading to the growth of the market. Rising adoption of advanced dental care treatments like periodontal diseases and cosmetic dentistry, especially among the geriatric population is considered to drive the market growth in the coming years.
On the contrary, high treatment cost of denture adhesive and lower dental hygiene are some of the major concerns likely to restrict the market growth in the foreseeable future.
Regional Frontiers
Geographically, the denture adhesive market spans across Europe, North America, South America, Asia Pacific, and the Middle East & Africa.
Considering the global scenario, North America leads the global market, mainly due to the soaring awareness regarding aesthetics, rising demand for several dental procedures, and high use of dentures in the region. Extensive focus on dental health and the soaring number of dental reconstructions are some of the primary growth stimulants of the regional market. The rising per capita income of the individuals in the region and increasing healthcare expenditure will also assist in the growth of the market.
The denture adhesive market in the European region is anticipated to acquire the second position and is estimated to register robust growth due to the surging demand for dental reconstruction surgeries, which is caused by road accidents. Moreover, extensive research and development on dental implants, growing funding for research and government initiatives, and the development of advanced medical treatments are estimated to propel the market growth in the coming years.
The market in the Asia Pacific will register the fastest growth owing to the rising rate of road accidents, which has further fueled the demand for dental reconstruction surgeries. The soaring awareness regarding aesthetics and high availability of favorable reimbursement policies will drive the market in the APAC.
Industry Updates
  • January 2019: USpharma Ltd has recently declared that it has started distributing and manufacturing Cushion Grip, Thermoplastic Denture Adhesive, to the market of the U.S. Bayer Consumer Care AG, along with its affiliates have assigned, sold, and licensed Bayer’s multinational product rights, which concerns the CUSHION GRIP brand to USpharma.
Competitive Dashboard
The top players operating in the denture adhesive market include Valeant Pharmaceuticals International, Abbott Laboratories, Janssen Biotech, Inc., Novartis AG, AbbVie, Inc., Alkem Laboratories Limited, Takeda Pharmaceutical Company Limited, UCB Inc, Pfizer Inc., Biogen Inc., and Allergan plc.
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