Sleeping Bruxism Treatment Market – Scenario
Sleeping Bruxism refers to a type of skin cancer which is also known as a solar keratosis. It occurs due to years of constant overexposure to Sun and mostly among people over 40 years old. There have been many novel medicines & therapies developed to treat symptoms of the disease. This, in turn, has made the Sleeping Bruxism market a well-developed space, escalating the market on the global platform.
Acknowledging the exponential growth the market perceives currently and the potential of the market to grow in the future; Market Research Future (MRFR), in its recently published market forecast asserts that the global Sleeping Bruxism Treatment market will grow to USD 9 Billion by 2023, registering ~ 5 % CAGR throughout the forecast period (2016 – 2023).
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Depletion of ozone layers due to rapid environmental changes predominantly fosters the market growth, increasing the prevalence of Actinic Keratosis. Additionally, factors such as increasing population and growing geriatric populace coupled with the growing awareness towards the availability of treatments for the disease contribute to the market growth. Simultaneously, improving economic conditions that enable access to the quality life & the improved healthcare worldwide are providing impetus to the market growth.
Technological advancements transpired in the medical science backed by the substantial investments in the R&D activities for the innovation & development of the medical devices, treatments & medicines foster the market growth of the disease, excellently. However, factors like unmet medical needs & drug resistance along with the high cost associated with the treatments are anticipated to restrict the market growth. Nevertheless, technological advancements transpired in the healthcare are expected to foster the market growth, presenting more advanced and cost-effective treatments.
Patterson Dental Supply and more.
Sleeping Bruxism Treatment Market – Segmentations
By Types: Primary and Secondary Bruxism, among others.
By Diagnosis: Clinical Examination, Electromyographic Methods, Polysomnography, and X-rays among others.
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By Treatment Types: Dental Approaches and Medication among others.
By Causes: Malocclusion, Sleep Paralysis, Obstructive Sleep Apnea, Gastroesophageal Reflux Disease (GERD), and Obstructive Sleep Apnea among others.
By Patient Types: Pediatric, and Adult, others.
By End-Users: Hospitals, and Dental Clinics among others.
By Regions: Europe, North America, APAC and Rest-of-the-World.
The secondary bruxism segment had acquired 72.7% market share in 2017 owing to the high rate of smoking and consumption of alcohol. The segment is further expected to value at USD 469.48 Mn. by 2023.
The dental approaches segment by treatment types is expected to cover the largest market share by 2023 owing to the treatment offered to children for preventing teeth and jaw damage.
The obstructive sleep apnea segment by causes is likely to reach USD 233.20 Mn. by 2023, growing at a 7% CAGR over the assessment period.
The pediatric segment by patient types is projected to retain its dominance during the forecast period owing to sleeping bruxism more commonly occurring in children. The segment likely would touch USD 440.28 Mn. by 2023.
Hospitals and dental clinics segment by end-users would collectively account for a significant market share owing to the availability of various treatment methods. hospital segment is expected to register a CAGR of 6.3% over the forecast period.
Sleeping Bruxism Treatment Market – Regional Analysis
Globally North America leads the global market of Sleeping Bruxism Treatment with the largest market share. The North American market is estimated to accrue USD 3.8 Billion by 2023, registering a phenomenal CAGR during 2016 to 2023. Factors contributing to the regional market include favorable reimbursement scenario and substantial healthcare expenditure. Simultaneously wide uptake of new technologies in the US is also a key driver for the regional market growth.
Expected to be the second-largest market for Sleeping Bruxism Treatment, the Europe market is expected to grow at a considerable CAGR. The resurging economy in the region is expected to foster the regional market growth.
The Asia Pacific market for the Sleeping Bruxism Treatment is expected to emerge as the fastest growing market from 2016 to 2023. The market growth will be led by China and India owing to the huge population and the availability of low-cost drugs for the treatment.
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