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Market Synopsis:
Dental carpule market has witnessed the entry of new
participants, especially local anesthesia manufacturers, over the years, which
is likely to retain the growth of the market. Market Research Future (MRFR) has
revealed in its latest report that Dental Carpule Market is projected to grow
at a substantial CAGR of 5.6% in the upcoming years of the forecast period. The
Dental
Carpule MarkettrendsValue is evaluated to expand up to USD
24 Million in the studied forecast period of 2021-2028. The rising burden
of oral diseases coupled with increasing awareness about oral health care has
fueled the demand for dental carpule passively, and the trend is expected to
continue across the assessment period. Furthermore, the developments introduced
in dental health care are expected to influence dental carpule market growth
positively in the foreseeable future.
The need for safely administering injectable drugs to the
patients having dental problems has catapulted the demand for dental
carpule. However, carpule comes with certain disadvantages, such as the
requirement of force on the plunger, leakage of solution, etc. which might hold
the market growth during the forecast period.
Market Segmentation:
By material, the global dental carpule market has been
segmented into glass, plastic, metal, and others. Among these, the glass
carpule segment accounts for a maximum share of the global market trailed by
the plastic segment.
By end-users, the dental carpule market is segmented into
hospitals, dental clinics, home care, and others.
Regional Analysis:
By region, the global dental
carpule market report has been segmented into North America, Europe,
Asia-Pacific, and, the Middle East and Africa. North America is the largest
market for dental carpule globally. The region is likely to retain its
dominance in the foreseeable future growing at 3.1% CAGR. The market has
entered a maturity phase and is estimated to reach a valuation of USD 9.2 Mn
through the projection period. Increasing awareness about the importance of
safe administration of anesthetics in dental procedures is the driving factor
of growth in North America dental carpule market. Other factors favoring the
expansion of the market are the rapid development of dental industries,
technological advancements, product innovations, etc.
Europe accounts for the second largest share in the dental
carpule market. The dental health care in Europe is much more affordable than
in any other regions, which is expected to catalyze revenue generation for
market participants across the review period. Dental carpule market in Europe
is estimated to thrive at 2.7% CAGR and reach a valuation of USD 3.1 Mn by
2023. Another factor complementing the market growth and expansion in the
region is the increasing demand for dental cosmetics and oral health.
Asia Pacific is an emerging market for dental carpule which
is primarily attributable to the presence of fast-developing economies such as
India, China, etc. The developments in the dental healthcare sector witnessed
in recent times are likely to encourage market proliferation throughout the
assessment period. The Middle East & Africa will exhibit sluggish growth
during the forecast period.
Competitive Dashboard:
Some of the key players profiled by MRFR in its report for a
better understanding of the market are GlaxoSmithKline, Sanofi Genzyme, Merck,
AstraZeneca, Gilead, Roche, Pfizer and Novartis among others. The market is
consolidated with regional, national, and international market operators. The
players strive to retain competitiveness over competitors by employing
strategies such as acquisitions & mergers, expansion of product portfolios,
product developments, technological advancements, etc.
About US:
Market Research Future (MRFR), enable customers to unravel the complexity
of various industries through Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research
(CFR), and Market Research & Consulting Services.
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