The global periodontal therapeutics market is highly consolidated in
nature on account of a few players holding most of the share in the
market. Some of the key players in the market are Den-Mat Holdings,
Valeant Pharmaceuticals international, Inc., 3M, Galderma S.A., and
LLC Dexcel Pharma. In 2015, 3M, Valeant Pharmaceuticals Int. Inc.,
and Den-Mat Holdings emerged as the top three players in the market
and together they accounted for a mammoth share of 77.7%.
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A key trend noticed in the global market for periodontal therapeutics
is the investment into research and development of more effective
therapies by prominent participants. This, coupled with the focus on
strategic mergers and acquisitions and partnerships by players
seeking to expand their outreach, is serving to heat up competition
in the market.
A report by Transparency Market Research predicts the global
periodontal therapeutics market to register a CAGR of 8.7% during the
period between 2016 and 2024 to attain a value of US$537.2 mn by
2024.
Thrust on Product Development by Companies Drives North America
Market to Fore
Based on the type of products, the global market for periodontal
therapeutics can be divided into systemic antibiotics and local
antibiotics. Among the two, the systemic antibiotics segment
dominated the market in 2016 with a lion’s share for more than 94%.
In the years ahead, the segment is slated to continue to rake in
maximum revenue, although reducing its share slightly because of its
affordability and availability.
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Geographically, the key segments of the global market for periodontal
therapeutics are North America, Asia Pacific, Europe, and the Rest of
the World. North America, of them, led the market in 2015 with a
dominant share of more than 40.0%. This is primarily on account of
the rising occurrence of periodontal diseases, product innovation,
helpful reimbursement policies, and a growing pool of elderly. As per
the Center for Disease Control and Prevention, 47.2% of adults 30
years and above is afflicted with some type of periodontal disease.
This, along with increasing awareness about the ailment is expected
to drive the market.
Increasing Instances of Diabetes Underpins Sales
At the forefront of driving demand in the global periodontal
therapeutics market is the rising consumption of tobacco which leads
to periodontal disorders. Besides, the growing number of diabetics,
increasing thrust on research, and technological progress is also
proving beneficial to the market. Colgate-Palmolive, a multinational
consumer products company, estimates that about 300 million will be
afflicted with diabetes by 2025 and most of them will be from India
and China.
The American Academy of Periodontology finds that the occurrence of
periodontal disease is maximum among ethnic minorities. Almost 63.5
percent of Hispanic-Americans, 50 percent of Non-Hispanic Asian
Americans, and 59.1 percent of Non-Hispanic Blacks suffer from the
disease.
Preventive Care for Dental and Gum Problem Crimps Market Growth
“Posing a roadblock to the global periodontal market, on the other
hand, is the growing number of preventive care for dental and gum
problems and dearth of supportive reimbursement policies in many
countries,” explains the lead analyst of the report.
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