The Mineral Trioxide Aggregate (MTA) Market size is projected to reach US$ 71.34 million by 2031 from US$ 51.00 million in 2022. The market is expected to register a CAGR of 5.7% in 2023–2031. The increasing prevalence of dental disorders, growing demand for MTA in endodontic dentistry, and technological advancements in mineral trioxide aggregate material are likely to remain key Mineral Trioxide Aggregate market trends.
The increasing prevalence of dental disorders, advancements in the raw material used for cementing procedures, and rising application of MTA in the dental industry are thereby boosting the market for Mineral Trioxide Aggregates over the forecast period. Additionally, increasing funding related to dental equipment and an increasing number of dentists along with rapid innovations in the dental industry is propelling the market growth of MTA.
North America is the largest market for Mineral Trioxide Aggregate market growth with the US holding the largest market share followed by Canada. Factors such as the increasing prevalence of dental diseases, technological advancements in the equipment used for dental treatment, and increasing awareness related to the advantages of MTA in endodontics further propel the overall North American Mineral Trioxide Aggregate market. Additionally, increasing funding for the dental sector in this region is another driving factor for market growth. For instance, according to the data retrieved from the Dental Association in 2021, dental spending by the government including Medicare, Medicaid, the Children's Health Insurance Program, the U.S. Department of Defense, and the U.S. Department of Veterans Affairs, increased by 25% from 2020 to 2021. Medicare and Medicaid spending in these programs increased by about $2 billion. Hence, this dental spending is expected to propel the market growth of MTA.
The rising number of population suffering from dental caries and periodontal disease demand for endodontic treatment procedures is boosting the overall market growth of mineral trioxide aggregate. Mineral Trioxide Aggregate (MTA) is a potent material in endodontics that has changed the patient's prognosis with the damaged clinical condition of their teeth. According to the article published in WHO, 2023 data, oral diseases are the most widespread non-communicable diseases that affect approximately 45% or 3.5 billion people globally from childhood to old age. The increasing prevalence of these diseases is expected to drive the market growth of the Mineral Trioxide Aggregate (MTA) market.
Mineral Trioxide Aggregate (MTA) is a dental material that has a variety of endodontic uses. Since its introduction, MTA has been a material of revolution in the field of dentistry. It is being extensively used for apexification, perforation repairs, obturation, root-end filling, tooth fracture repair, regenerative procedures, apexogenesis, pulpotomies, and as a pulp-capping material. MTA has other features such as biocompatibility, hydrophilicity, bioactivity, sealing ability, and low solubility. MTA is a material of research interest and still studies are ongoing, which provides opportunities for market players of MTA.
Key segments that contributed to the derivation of the Mineral Trioxide Aggregate market analysis are type and application.
The geographic scope of the Mineral Trioxide Aggregate Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
North America has dominated the Mineral Trioxide Aggregate Market. The market growth can be attributed to the rising prevalence of dental diseases, advancements in dental raw materials, and the rapidly growing dental industry. Additionally, the rising awareness related to dental health and continuous R&D in the dental industry for raw material used is further anticipated to boost the Mineral Trioxide Aggregate market in North American countries.
The regional trends and factors influencing the Mineral Trioxide Aggregate Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Mineral Trioxide Aggregate Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 51.00 Million |
Market Size by 2031 | US$ 71.34 Million |
Global CAGR (2023 - 2031) | 5.7% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Mineral Trioxide Aggregate Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Mineral Trioxide Aggregate Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Mineral Trioxide Aggregate Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for Mineral Trioxide Aggregate:
The “Mineral Trioxide Aggregate Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: