In the European dental market, particularly in the countries of Germany, Sweden, and the Netherlands, the growth factors for this industry are the increase in aging population and governmental expenditure on oral healthcare. The global Dental Bone Graft Substitute Market size is estimated to be $450 million in 2020 and projected to reach $659 million by 2025, at a CAGR of 7.9%.
Factors such as the increased outsourcing of analytical testing services by pharmaceutical companies, rising focus on specialized testing services for biologics and biosimilars, and the growing number of clinical trials are expected to drive the growth of the healthcare analytical testing services market. The Market is expected to greatly increase.
The key factors driving the growth of this market include the growth of the pharmaceutical and biotechnology industry and technological advancements in molecular spectroscopy are driving the growth of the global Molecular Spectroscopy Market during the forecast period. The market is expected to reach $6.85 Billion by 2022 from an estimated $4.98 Billion in 2017, at a CAGR of 6.6%.