Global Zirconia Based Dental Materials Market - Impact of the Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic is expected to hamper the growth of the global zirconia based dental materials market, owing to complete lockdown during the COVID-19 pandemic. For instance, according to the Oral Health survey in 2021, COVID-19 has negative impact on dental health care sector which resulted into decrease in the dental market revenue. Government across the world imposed lockdown as a safety concern due to which dentists were unable to practice, supply of dental materials were stopped which hamper the global zirconia based dental materials market.
After COVID -19 pandemic there is recovery in dental health care industry, through which it is expected to drive the growth of global zirconia based dental materials market. For instance, according to June 2020 update of American Dental Association, In U.S. dental spending then recovers to US$ 8.6 billion in October 2020 and then to US$ 11.7 billion in January 2021. There is an increase in dental practice by dentist, patient volume has been increased and employment growth in dental sector has been rapid than any other health care sector.
The global zirconia based dental materials market is estimated to be valued at US$ 292.7 Mn in 2022 and is expected to exhibit a CAGR of 7.2% over the forecast period (2022-2030)
Market players are indulged in launching new products, in order to develop zirconia based dental materials. This is expected to drive growth of the global zirconia based dental materials market over the forecast period.
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