The dental prosthetics market is witnessing significant growth and evolution, driven by various factors influencing the dental industry. According to recent market reports, the global dental prosthetics market is expected to experience a steady CAGR over the forecast period.
Key factors contributing to this growth include the rising prevalence of dental disorders, an aging population requiring dental prosthetics, and advancements in dental technology. The increasing awareness of oral health and aesthetic concerns also fuels the demand for dental prosthetics, driving market expansion.
Geographically, North America and Europe dominate the market due to well-established healthcare infrastructure and a high prevalence of dental issues. However, the Asia-Pacific region is emerging as a lucrative market with a growing population, increasing disposable income, and rising awareness of dental care.
In terms of product types, crowns and bridges, dentures, and abutments hold substantial market shares. Technological advancements, such as CAD/CAM technology, are enhancing the precision and efficiency of dental prosthetics, further boosting market growth.
Competitive analysis reveals key players in the dental prosthetics market, including dental laboratories, manufacturers, and suppliers. Collaborations and strategic partnerships for product development and innovation are prevalent strategies among market players.
Competitive Dashboard
The global market for prominent dental prosthetics players comprises Planmeca OY (Finland), 3M (US), Zimmer Biomet (US), Osstem Prosthetics (South Korea), Nobel Biocare (Part of Danaher Corporation) (US), Ivoclar Vivadent AG (Liechtenstein), CAMLOG Biotechnologies AG (Switzerland), Henry Schein Inc. (US), DENTSPLY Sirona (US), and Institut Straumann AG (Switzerland).
Global Dental Prosthetics Market: Segmental Analysis
The global dental prosthetics market has been segmented on the basis of type, material, and end-users.
By mode of type, the global dental prosthetics market has been segmented into crown, denture, veneer, bridges, inlays, and abutment. Among these, the bridges are likely to gain prominence in the long run as they cost lesser compared to other dental implants, and are extensively used as an alternative to single tooth dental implants.
By mode of material, the global dental prosthetics market has been segmented into metal, porcelain-fused-to-metal (PFM), all ceramic, and others. Among these, the metal segment is likely to command a major share as they are cheaper compared to other materials. Meanwhile, the ceramic segment is also anticipated to gain prominence in the long run due to their unique characteristics such as high density, biocompatibility, and capability to withstand abuse.
By mode of end-users, the global dental prosthetics market has been segmented into dental research laboratories and dental hospitals & clinics market. Among these, the dental hospitals & clinics segment is estimated to occupy a larger share as surgeries are mainly performed in clinics.
Regional Insights
Geographically, the market for dental implants spread across regions namely, North America, Europe, Asia Pacific, and the Middle East & Africa.
Considering the global scenario, the dental prosthetics market is dominated by the North American region. With well-established healthcare infrastructure and surging demand for dental implants, the market is likely to reach out to a wider spectrum of audiences.
The European region is considered to occupy the second spot in the global market. The growth can be attributed to the increased prevalence of dental issues and periodontal diseases in this region. The presence of a huge population pool affected with oral diseases is enhancing the market growth in this region. Also, the increased government expenditure on oral healthcare, and surging incidences of dental issues with the aging population are influencing the market to a large extent.
The dental prosthesis industry would likely grow at the fastest rate in the Asia Pacific region. The increase is attributed to the rising rates of dental caries. Additionally, the market is anticipated to grow due to increased consumer awareness in several of the developing economies, like China and India. To raise living standards, these economies are implementing the most cutting-edge medical procedures and technological advancements.
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