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Cosmetic Dentistry Market Size & Share to Surpass $60.2 Billion by 2028 | Vantage Market Research

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WASHINGTON, March 13, 2023 (GLOBE NEWSWIRE) — The Global Cosmetic Dentistry Market was valued at USD 29.2 Billion in 2021 and is projected to reach USD 60.2 Billion by 2028 at a CAGR (Compound Annual Growth Rate) of 12.8% over the forecast period 2022-2028.

Market Overview

The prevalence of dental conditions like periodontal disease, tooth decay, gum disease, dental cracks, and cavities, which all increase demand for Cosmetic Dentistry to improve aesthetic appearance, as well as the aging population’s increased susceptibility to tooth problems, are some factors that are propelling the growth of the Cosmetic Dentistry market.

We forecast that the dental systems & equipment category in the Cosmetic Dentistry market sales will account for more than 20% of total sales by 2028. Their employment in so many different dental applications may help explain this. There are many different dental systems and equipment, including instrument delivery systems, light-curing equipment, radiography equipment, dental chairs, dental lasers, scaling units, dental handpieces, and dental CAD/CAM systems.

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Market Dynamics

Minimally Invasive Techniques and the Uptake of 3D Dentistry are Fueling the Demand
Cosmetic Dentistry has started using three-dimensional (3D) printing, a relatively recent manufacturing method. Computer software is used in 3D printing to deposit small amounts of material, such as powdered stainless steel or milled plastic, until an object is fully constructed. Applications for 3D printing include the ability for patients and professionals to customize 3D-printed teeth, dentures, and other instruments. Robotics and artificial intelligence are also being used more frequently in dentistry. The market will grow as robots become more readily available for less invasive dental procedures such as tooth extractions, cavity filling, cap application, and tooth cleaning.

Development of Innovative Technology Solutions to Drive Market Growth
Due to the creation of new dental materials that produce superior results, Cosmetic Dentistry has evolved. Patient compliance has increased with the substantial surge in demand for minimally invasive procedures. Dental lasers have increased to prevent or significantly reduce patient discomfort and blood loss during surgical operations such as gum elevation and teeth whitening. More people are choosing to get these operations as a result. As a result, the emphasis on developing novel dental materials and technology would open up new opportunities for market participants in aesthetic dentistry.

Top Players in the Global Cosmetic Dentistry Market

  • 3M Company (United States)
  • Align Technology Inc. (United States)
  • DENTSPLY Sirona (United States)
  • Envista Holdings (United States)
  • Henry Schein (United States)
  • Kuraray Co. Ltd. (Japan)
  • Planmeca Group (Finland)
  • Roland DG (Japan)
  • Straumann Holdings AG (Switzerland)
  • Zimmer Biomet Holdings Inc. (United States)

For Additional Information on Cosmetic Dentistry Market Players and Detail List, Download a Report PDF Brochure@ https://www.vantagemarketresearch.com/cosmetic-dentistry-market-2022/request-sample

Top Trends in Global Cosmetic Dentistry Market

  • One trend that Vantage Market Research (VMR) expects to see in the Cosmetic Dentistry industry is a growing focus on aesthetics among individuals. Market expansion is facilitated by the growing emphasis on beauty and appearances, particularly in the film industry. Recently, emphasis has grown on improving and restoring smiles.
  • Another trend that VMR predicts will continue in the Cosmetic Dentistry industry is rising technological advancement. The market is predicted to benefit greatly from developing technologically sophisticated solutions and the growing number of dental laboratories investing in CAD/CAM technologies.

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Top Report Findings

  • Based on the Product Types, most of the Cosmetic Dentistry market’s revenue is controlled by the dental systems & equipment category due to causes including the expansion of cutting-edge technology like the dental CAD/CAM system and other technologies as raising awareness of dental reformation.
  • Based on the End Users, most of the Cosmetic Dentistry market’s revenue is controlled by the dental hospitals and clinics category. The increase in dental clinics and the number of persons choosing Cosmetic Dentistry operations in dental offices and hospitals are attributable to this.
  • Based on Age Groups, most of the Cosmetic Dentistry market’s revenue is controlled by the Adult category because dental conditions such as tooth decay, gum disease, dental cracks, and cavities are becoming more common. Additionally, adult periodontal problems enhance the need for Cosmetic Dentistry procedures and mature awareness of the value of aesthetic beauty, particularly in women.

Recent Developments in the Global Cosmetic Dentistry Market

  • June 2021: Zenyum, a dental start-up, raised USD 40 million in series B funding from existing investors, including Sequoia Capital India, Partech, and RTP Global, among others. The company plans on using these funds to deliver dental cosmetics to patients. 
  • January 2021: Nobel Biocare announced the launch of  Xeal and Ti Ultra surfaces in the U.S. These surfaces could be applied to implants and abutments that help optimize tissue integration.

Dental Hospitals and Clinics Category in Cosmetic Dentistry Market to Generate a Substantial Revenue

Cosmetic Dentistry is an expensive investment. Vantage Market Research has analyzed the market for Cosmetic Dentistry to understand its current state and potential future growth factors. For better understanding, based on the end user, the Cosmetic Dentistry market is divided into Dental Hospitals & Clinics, Dental Laboratories, and Others.

During the forecast period, the market for Cosmetic Dentistry is anticipated to experience the highest CAGR for the dental hospitals and clinics category. Dentists who have acquired skills in dental operations carry out dental procedures. These treatments are expertly carried out in dental clinics and hospitals, which gives the sector dominance.

On the other hand, the dental laboratories category is anticipated to grow significantly because government-recognized dentists collaborate with dental laboratories to create dental prostheses like crowns, bridges, or other dental restorations.

North America Region in Cosmetic Dentistry Market to Generate a Huge Chunk of Revenue

North America dominates the market throughout the projection period. This is related to technological advancements and an increase in people selecting aesthetic dentistry procedures. In addition, the region’s high acceptance of aesthetic operations, receptivity to them, and increased appearance consciousness are anticipated to encourage market expansion.

Browse market data Tables and Figures spread through 146 Pages and in-depth TOC on Cosmetic Dentistry Market Forecast Report (2022-2028).

Global Cosmetic Dentistry Market Segmentation

By Product Types

  • Dental Systems & Equipment
  • Dental Implants
  • Dental Bridges
  • Dental Veneers
  • Dental Crowns
  • Orthodontic Braces
  • Inlays & Onlays

By End Users

  • Dental Hospitals & Clinics
  • Dental Laboratories
  • Other End Users

By Age Groups

  • Children
  • Adults

By Region

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Read Full Report@ https://www.vantagemarketresearch.com/industry-report/cosmetic-dentistry-market-2022

Scope of the Report:    

Report Attributes Details
Market Size in 2021 USD 29.2 Billion
Revenue Forecast by 2028 USD 60.1 Billion
CAGR 12.8% from 2022 to 2028
Base Year 2021
Forecast Year 2022 to 2028
Key Players 3M Company, Align Technology Inc., DENTSPLY Sirona, Envista Holdings, Henry Schein, Kuraray Co. Ltd., Planmeca Group, Roland DG, Straumann Holdings AG, Zimmer Biomet Holdings Inc.
Customization Options Customized purchase options are available to meet any research needs. Explore customized purchase options

Key Questions Answered in the Report:

  • What is the size and growth rate of the cosmetic dentistry market?
  • What are the key drivers and challenges affecting the market?
  • What are the different types of cosmetic dental procedures available in the market?
  • Who are the major players in the market, and what are their market shares?
  • What are the key trends in the market, such as new technologies or changes in consumer preferences?
  • What is the geographic distribution of the market, and what are the growth opportunities in different regions?
  • What are the regulatory and reimbursement issues affecting the market?
  • What is the competitive landscape of the market, and how are companies differentiating themselves from each other?
  • What are the future growth prospects of the cosmetic dentistry market, and what are the key factors that will drive growth in the coming years?
  • What is the impact of COVID-19 on the cosmetic dentistry market, and how are companies adapting to the changing market conditions?

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We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies.

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Oncolytics Biotech® Announces Upcoming Presentations at the American Society of Clinical Oncology Annual Meeting

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SAN DIEGO and CALGARY, AB, April 25, 2024 /PRNewswire/ — Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced the acceptance of two abstracts at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting, which is taking place from May 31 – June 4, 2024, in Chicago, Illinois. Details on the abstracts and poster presentation are shown below.

Title: Phase 1/2 randomized, open-label, multicenter, Simon two-stage study of pelareorep combined with modified FOLFIRINOX +/- atezolizumab in patients with metastatic pancreatic ductal adenocarcinoma.
Presentation Type: PosterAbstract Number: TPS4203Session Title: Gastrointestinal Cancer – Gastroesophageal, Pancreatic, and HepatobiliarySession Date and Time: June 1, 2024, 1:30 – 4:30 p.m. CTTitle: Pelareorep driven blood TIL expansion in patients with pancreatic, breast and colon cancer.Presentation Type: Online abstractAbstract Number: e14625
Abstracts will be published on the ASCO Annual Meeting website at 5:00 p.m. ET on May 23, 2024.
About Oncolytics Biotech Inc.
Oncolytics is a clinical-stage biotechnology company developing pelareorep, an intravenously delivered immunotherapeutic agent. Pelareorep has demonstrated promising results in two randomized Phase 2 studies in metastatic breast cancer and Phase 1 and 2 studies in pancreatic cancer. It acts by inducing anti-cancer immune responses and promotes an inflamed tumor phenotype — turning “cold” tumors “hot” — through innate and adaptive immune responses to treat a variety of cancers.
Pelareorep has demonstrated synergies with multiple approved oncology treatments. Oncolytics is currently conducting and planning combination clinical trials with pelareorep in solid and hematological malignancies as it advances towards registrational studies in metastatic breast cancer and pancreatic cancer, both of which have received Fast Track designation from the FDA. For further information, please visit: www.oncolyticsbiotech.com or follow the company on social media on LinkedIn and on X @oncolytics.
 
Company Contact
Jon Patton
Director of IR & Communication
[email protected]
 
Investor Relations for Oncolytics
Timothy McCarthy
LifeSci Advisors
+1-917-679-9282
[email protected]
 
 

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Internet of Things (IoT) Market to Expand at a Stellar 19.4% CAGR through 2031 | SkyQuest Technology

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WESTFORD, Mass., April 25, 2024 /PRNewswire/ — SkyQuest projects that the Internet of Things (IoT) Market will attain a value of USD 1572.37 billion by 2031, with a CAGR of 19.4% over the forecast period (2024-2031). Internet of Things (IoT) refers to the network of connected devices over the internet that are embedded with sensors and software. Growing adoption of automation around the world and advancements in connected device technologies are forecasted to be key factors driving the Internet of Things (IoT) market growth in the future.

Download a detailed overview:
https://www.skyquestt.com/report/internet-of-things-market
Browse in-depth TOC on “Internet of Things (IoT) Market”
Pages – 197Tables – 69Figures – 75Internet of Things (IoT) Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 380.6 billion
Estimated Value by 2031
$1572.37 billion
Growth Rate
Poised to grow at a CAGR of 19.4%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Component Type, Application, and Region
Geographies Covered
North America, Europe, Asia Pacific, and the Rest of the world
Report Highlights
Updated financial information / product portfolio of players
Key Market Opportunities
Rising demand for connected healthcare and growing use of industrial automation solutions
Key Market Drivers
Advancements in connectivity and connected device technologies
 
 
Hardware is Estimated to Dominate the Global Market Share Owing to High Use of Hardware Components in IoT
Hardware components such as sensors and actuators are highly vital to the proper functioning of any kind of Internet of Things (IoT) device. Growing adoption of IoT devices in different industry verticals for various applications is promoting market growth via this segment. The development of new hardware solutions also helps this segment maintain its dominance.
Smart Agriculture is the Fastest-growing Segment Owing to Rising Adoption of Precision Agriculture Practice
Rising emphasis on improving agricultural yield and sustainability has resulted in the growing adoption of smart agriculture and precision agriculture practices. IoT devices play a crucial role in monitoring and controlling different elements of a smart agriculture setup that is mostly automated using different smart devices thereby contributing to the IoT market growth as well.
Growing Adoption of 5G Technology Allowing North America to Dominate the Global Internet of Things (IoT) Market
Rapid adoption of 5G technology and high use of cloud-based platforms are key factors allowing North America to lead the demand for Internet of Things (IoT) around the world. Surging investments in the research and development of advanced technologies and the presence of key tech giants such as Amazon, Google, IBM, and Microsoft also helps the dominance of this region. Canada and the United States remain the most lucrative markets for Internet of Things (IoT) companies in North America through 2031.
Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/internet-of-things-market
Internet of Things (IoT) Market Insights:
Drivers
Advancements in connectivity and connected device technologies.Growing demand for Industrial IoT (IIoT) solutions.Increasing number of smart cities and development of smart infrastructure.Restraints
Lack of standardization of IoT devices and technologies.Privacy and data security issues.Interoperability challenges and complex integration scenarios.Prominent Players in Internet of Things (IoT) Market
MicrosoftCisco SystemsIntelSiemens (Germany)AWS (US)Oracle (US)Qualcomm (UK)SAP (Germany)IBM (US)Google (US)View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/internet-of-things-market
Key Questions Answered in Internet of Things (IoT) Market Report
What are the top drivers for Internet of Things (IoT) market going forward?Who are the leading Internet of Things (IoT) market players?Where will demand for Internet of Things (IoT) be high?Which component accounts for a dominant revenue share of the global Internet of Things (IoT) market?This report provides the following insights:
Analysis of key drivers (advancements in connectivity and connected device technologies, growing demand for industrial IoT (IIoT), development of smart infrastructure for smart cities, growing use of smart devices ), restraints (lack of standardization, complexities in integration, concerns regarding security and privacy of data), and opportunities (rising popularity of connected healthcare, increasing adoption of Industry 4.0, rising use of industrial automation), influencing the growth of Internet of Things (IoT) market.Market Penetration: All-inclusive analysis of product portfolio of different market players and status of new product launches.Product Development/Innovation: Elaborate assessment of R&D activities, new product development, and upcoming trends of the Internet of Things (IoT) market.Market Development: Detailed analysis of potential regions where the market has potential to grow.Market Diversification: Comprehensive assessment of new product launches, recent developments, and emerging regional markets.Competitive Landscape: Detailed analysis of growth strategies, revenue analysis, and product innovation by new and established market players.Related Reports:
Global Internet of Things in Retail Market
Global Internet of Things (IoT) in Agriculture Market
Global Internet of Things (IoT) Microcontroller Market
Global IOT In Healthcare Market
Global IOT in Manufacturing Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 
Contact:
Mr. Jagraj Singh Skyquest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/

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Sapiens Unveils Enhanced Reinsurance and Analytics Solution Catering to Evolving Market Demands

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Latest version enhances operational efficiency, regulatory reporting, and strategic decision-making with robust business insights
ROCHELLE PARK, N.J., April 25, 2024 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the launch of its latest version of Sapiens ReinsuranceMaster.

The new release of Version 9 brings a multitude of enhancements and technology stack updates, designed to empower insurers and reinsurers with robust, enriched functionality to support business requirements. This includes automating global inter-company retrocession, facilitating U.S. NAIC statutory reporting (Schedule F), and real-time reinsurance allocation support (‘reinsurance as a service’).
The latest release offers a multitude of enhancements, with one of the standout features being the seamless integration of Sapiens Intelligence with Sapiens ReinsuranceMaster. This integration empowers users with advanced data capabilities and actionable insights through out-of-the-box reinsurance reports and analytics of the reinsurance portfolio’s performance.
In addition, the new release brings significant improvements to the user experience, with a revamped user interface, enhancements in processing performance through improvements and parallel processing mechanisms, improved scalability and operability. 
“With the growing significance of reinsurance in today’s volatile environment, our latest version of Sapiens ReinsuranceMaster with Sapiens Intelligence offers even greater value to insurers and reinsurers, catering to the ever-changing demands of this dynamic market,” said Roni Al-Dor, Sapiens President & CEO. “Leveraging the shared experience from our other products as well as requirements from our global client base, the solution is now very well-positioned to support global automation of complex reinsurance programs and provide management with insights into reinsurance performance as well as statutory reporting.”  
Sapiens ReinsuranceMaster is a comprehensive, single platform for large and multi-national reinsurance programs, providing full financial control and flexibility across all lines of business. The solution supports the entire range of reinsurance contracts, providing full support for all auditing requirements and a consolidated view of liabilities and risks, as well as helping prevent financial leakage.
Sapiens Intelligence, now a fully integrated component of Sapiens ReinsuranceMaster v.9, produces actionable insights to maximize the value of data and KPIs for smarter decision making, improving reinsurance business management.
About Sapiens  
Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. With more than 40 years of industry expertise, Sapiens’ cloud-based SaaS insurance platform offers pre-integrated, low-code capabilities across core, data, and digital domains to accelerate our customers’ digital transformation. Serving over 600 customers in more than 30 countries, Sapiens offers insurers across property and casualty, workers’ compensation, and life insurance markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. For more information visit https://sapiens.com or follow us on LinkedIn  
Investor and Media Contact : Yaffa Cohen-Ifrah Sapiens Chief Marketing Officer and Head of Investor Relations Email: [email protected] 
Forward Looking Statements
Certain matters discussed in this press release that are incorporated herein and therein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements may be identified by the use of the words “anticipate,” “believe,” “estimate,” “expect,” “may,” “will,” “plan” and similar expressions. Such statements reflect our current views with respect to future events and are subject to certain risks and uncertainties. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to:  the degree of our success in our plans to leverage our global footprint to grow our sales; the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy; the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions; our lengthy and complex sales cycles, which do not always result in the realization of revenues; the degree of our success in retaining our existing customers or competing effectively for greater market share; the global macroeconomic environment, including headwinds caused by inflation, relatively high interest rates, potentially unfavorable currency exchange rate movements, and uncertain economic conditions, and their impact on our revenues, profitability and cash flows; difficulties in successfully planning and managing changes in the size of our operations; the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream; the challenges and potential liability that heightened privacy laws and regulations pose to our business; occasional disputes with clients, which may adversely impact our results of operations and our reputation; various intellectual property issues related to our business; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers’ systems; risks related to the insurance industry in which our clients operate; risks associated with our global sales and operations, such as changes in regulatory requirements, wide-spread viruses and epidemics like the coronavirus epidemic,  and fluctuations in currency exchange rates; and risks related to our principal location in Israel and our status as a Cayman Islands company.
While we believe such forward-looking statements are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the risks discussed under the heading “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2023, to be filed in the near future, in order to review conditions that we believe could cause actual results to differ materially from those contemplated by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.
 
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