Market Overview:
Dental Prosthetics Market size was valued at USD 1.81 billion in 2019 and is poised to grow from USD 12.4 billion in 2023 to USD 29.8 billion by 2031, growing at a CAGR of 11.6% in the forecast period (2024-2031). The Dental Prosthetics Therapy is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Dental Prosthetics Therapy to considerable heights.
Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Veterinary Needles. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.
Market Insights:
Dental Prosthetics Market Driver
- The main factor driving the growth of the dental prosthesis market is the rise in the prevalence of dental illnesses. The most common causes of dental illnesses, including tooth decay, periodontal diseases, and palate diseases, go unrecognized the most and require rapid attention from the general public worldwide.
- Nearly 3.5 billion individuals are thought to be affected by oral illnesses globally, with caries of permanent teeth being the most prevalent disease1. According to estimates, 520 million children worldwide suffer from primary tooth decay, whereas 2 billion adults worldwide are thought to have permanent tooth decay. With increased urbanization and modifications in living conditions, oral disorders are becoming more common in the majority of low- and middle-income nations. The availability and affordability of foods with a high sugar content, insufficient exposure to fluoride (found in the water supply and oral hygiene products like toothpaste), and limited access to oral health care services in the community are the main causes of this. This need for oral health services is expected to boost the global dental prosthetics market during the forecast period.
- In both emerging and developed nations, aesthetic dentistry is becoming increasingly accepted. The need for cosmetic dentistry is being driven by changes in people’s lives and an increase in interest in dental aesthetics. Additionally, the rise in disposable money and willingness to pay for expensive cosmetic operations has given rise to prosperous chances for dental repair and aesthetic treatments. The sale of dental prostheses will increase as a result of dental treatments such as teeth whitening, polishing, and replacement.
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Key Market Segments:
Type
Crowns, Bridges, Abutments, Dentures, Others
End User
Dental Hospitals & Clinics, Dental Laboratories, Others
Material
Porcelain-Fused-To-Metal (PFM), Metal, All-Ceramic, Others
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Regional Insights:
In 2021, Europe held the largest share in the global dental prosthetics market. The market in the area is characterised by greater dental disease diagnostic and treatment rates. Along with higher dental spending, growing use of dental services, rising demand for high-end dental goods, and a relatively larger availability of dentists per 1,000 residents, these factors account for the region’s significant position in the global dental prosthetics market.
Over 50% of people in Europe may have periodontitis in some form, and over 10% have the severe type, with frequency rising to 70-85% of people between the ages of 60 and 65. The eighth most frequent cancer in the world is oral cancer. The 12th most prevalent cancer among males in the EU is lip and oral cavity cancer. Providing oral health care is expensive; it accounts for 5% of overall health spending and 16% of private health spending across OECD nations. The amount spent by the EU 27 currently is close to €79 billion, and if the existing patterns hold, this amount might reach €93 billion in 2020.
Prominent Players in Dental Prosthetics Therapy:
- DENTSPLY SIRONA Inc.
- Straumann Group
- Zimmer Biomet Holdings, Inc.
- Danaher Corporation
- 3M Company
- Ivoclar Vivadent AG
- Henry Schein, Inc.
- Mitsui Chemicals, Inc.
- GC Corporation
- Institut Straumann AG
- Planmeca Oy
- BioHorizons IPH, Inc.
- Nobel Biocare Services AG
- CAMLOG Biotechnologies AG
- Ultradent Products, Inc.
- BEGO GmbH & Co. KG
- Dentatus AB
- Glidewell Laboratories
- Amann Girrbach AG
- Renishaw plc
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Additional Insights:
Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.
Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.
Market Development: Analysis of regions with high growth potential.
Market Diversification: Assessment of new products, recent developments, and emerging regional markets.
Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.
Key Questions Answered in Dental Prosthetics Therapy Report:
What is the global market size of the Dental Prosthetics Therapy Market?
Who are the key vendors in the Dental Prosthetics Therapy Market?
What is the key driver of the Dental Prosthetics Therapy Market?
What is the key market trend for the Dental Prosthetics Therapy Market?
Which region accounted for the largest share in the Dental Prosthetics Therapy Market?
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