Dental prosthetics market players and analysis by type, by type of material and by end user- forecast till 2030. Market Research Future (MRFR) asserts that the global dental prosthetics market is slated to register a CAGR of 11.6% during the forecast period (2022-2030). The surging awareness about oral health is likely to offer the market a sturdy growth. Also termed as Prosthodontics, dental prosthetics are commonly used in the improvement of deficient or damaged teeth and helps to improve the functions along with the appearance of the teeth. Dental prosthetics deal with the temporary or permanent replacement of missing teeth, where screws or dental adhesives are used to fix dental prosthesis. The different type of dental prostheses available in the market is dental bridges, dental crown, abutment, dental veneers, inlays, denture, and onlays.
Market Potential and Pitfalls
A growing elderly population and rising oral health awareness are just two of the many factors driving the rapid growth of the worldwide dental prosthesis market. The market is expanding as a result of manufacturers creating cutting-edge goods to provide dental practitioners with more sophisticated solutions. People are becoming more conscious about the appearance of their teeth, which has led to a rise in the popularity of cosmetic dentistry.
Global demand for dental prosthesis is expected to be sparked by the rising frequency of severe periodontal diseases. Numerous worldwide organisations, like the World Health Organization and the American Academy of Implant Dentistry, have noted an increase in the number of patients with severe periodontal diseases, which is greatly assisting the market. The market is projected to expand because to the rise in oral cancer cases worldwide. Additionally, the market growth is being impacted by the growing geriatric population, unhealthy food consumption, and increased disposable income of the general populace.
Contrarily, the increasing number of new competitors entering the market is causing a significant disparity in the price of prosthetics because local sellers are selling them for significantly less money. Global market disruption is the effect of this. Additionally, the shortage of implantologists and general lack of consumer knowledge are impeding industry expansion.
Competitive Dashboard
The prominent players operating in the global dental prosthetics market 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 dental prosthetics market 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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