Oct 21, 2019 (AB Digital via COMTEX) — Dental Anesthesia Market Overview:
The global dental anesthesia market is expecting a steady CAGR of 8.9% during the forecast period (2017-2023), proclaims Market Research Future (MRFR). The exponential growth the market is experiencing now can be asserted to rising number of dental disorders owing, and people are now more frequently visiting dentists to receive oral care, thus, directly giving rise to dental anesthesia market.
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Drivers and Restraints:
Rapid urbanization has resulted in considerable growth in disposable income, a percentage of which the populace is now spending on healthcare. Also, the shift in lifestyle instigated by urbanization has given rise to dental care awareness resulting in people visiting dentists more often. Furthermore, due to significant advancements in medical technology, the geriatric population is also on the rise driving the dental care and dental anesthesia market ahead.
Increasing tobacco consumption and the rising number of people with smoking habits have impacted dental health considerably. This is directly propelling the dental anesthesia market.
However, stringent government policies, usage of traditional methods and lack of awareness regarding dental hygiene could impede the market growth.
To counter the fear patients show during dental care procedures, dentists are now coming up with diverse technologies such as wand anesthesia, and IV sedation system. In wand anesthesia, needles are not required, and only a specific area in the mouth gets numbed. This makes it easier for individuals to have a relaxing day afterward.
IV sedation, on the other hand, is an intravenous procedure that keeps one awake while the operation is being performed. However, it takes away the sensation from the mouth, and the patient feels nothing.
AstraZeneca has recently entered into a collaboration with Aspen Global Incorporated (AGI) to acquire the rights for anesthetic medicine outside the U.S. The anesthetic medication portfolio include EMLA, Xyloproct /Xylocard/ Xylocaine, Diprivan, Marcaine, Naropin, Citanest, and Carbocaine.
Dental Anesthesia Market Segmentation:
The global dental anesthesia market is segmented on the basis of product type, types of anesthesia, route of administration, and end-user.
Based on product type, the market comprises Lidocaine, Mepivacaine, Prilocaine, Bupivacaine 0.5% with Epinephrine 1:200,000, Articaine, and others.
Anesthesia type consists general anesthetics, local anesthetics, and others. Local anesthesia under general anesthesia has an advantage as it reduces the post-operative pain considerably, thus, proving beneficial for the patients.
Administration route wise segmentation includes maxillary anesthesia, mandibular anesthesia, and others. Mandibular anesthesia is not a popular choice owing to its lower aspiration rate, and also it results in the patient’s discomfort in the mouth after the operation.
By end-user, the market is segmented into specialized dental hospitals, dental clinics, pharmacies and drug stores, e-commerce, and others.
Dental Anesthesia Market Regional Analysis:
Geographically, the dental anesthesia market covers countries, namely, America, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA).
The Americas accounted for generating the maximum market revenue in 2017 and is expected to do so in the foreseeable future owing to its better healthcare policies, proper healthcare infrastructure, growing dental care awareness and a large base of the geriatric population with dental disorders.
Europe held the second position owing to features similar to that of the Americas. Also, the presence of a number of pharmaceutical companies in the region can give the market further traction during the prognosis period.
The APAC is anticipated to be the fastest growing region during the forecast period. A huge base of the population with dental disorders is also becoming aware of the situation gradually. Hence, the market is witnessing a rise in the demand for dental care creating further scope for dental anesthesia. Moreover, improved lifestyle in India and China is expected to drive the market ahead.
However, the MEA is estimated to register the lowest growth owing to lack of awareness, not so developed infrastructure, and political crisis.
Dental Anesthesia Market Competition:
Various international players are now focusing on regional expansions, collaborations, divestments, and acquisitions. GlaxoSmithKline PLC divesting their anesthetics portfolio to Aspen Pharma can be considered exemplary.
The key players in the global dental anesthesia market include Astra Zeneca (UK), Septodont (US), Dentsply (US), Sirona (US), GlaxoSmithKline PLC (US), Gilead Sciences Inc. (US), Johnson & Johnson (US), F. Hoffmann-La Roche Ltd. (Switzerland), Baxter International Inc. (US), Abbott Laboratories (US), Hospira, Inc. (US), and others.
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