USD 1.81 billion
Report ID:
SQMIG35A2648 |
Region:
Global |
Published Date: October, 2024
Pages:
270
|Tables:
93
|Figures:
76
Global Dental Prosthetics Market size was valued at around USD 5.9 billion in 2022 and is expected to rise from USD 6.4 billion in 2023 to reach a value of USD 11.7 billion by 2031, at a CAGR of 7.8% over the forecast period (2024–2031).
A dental prosthesis is an instrument that restores lost teeth or conceals tooth flaws. These dental items, some of which are detachable or placed in your mouth permanently, include implants, crowns, bridges, dentures, and veneers. Widely viewed as the future of dental prosthesis manufacturing, digital dentistry has significantly disrupted the market, especially during the past ten years. Compared to conventional models and techniques, CAD/CAM technologies enable laboratories to make prostheses more correctly and rapidly. Thanks to chairside CAD/CAM technology, patient’s experience of digital dentistry is improved. They do not have to wait as long for prostheses and, in many circumstances, may have them the same day.
For example, Dentsply Sirona introduces the DS Core, a Google Cloud-based digital platform that houses the business's workflow for digital dentistry. With the use of technology, dentists may expedite their job while collaborating with partners, labs, and experts and improving patient communication. The program was created with consideration for the needs and security of the dentist as well as for contemporary requirements. The online platform contains a software updater that updates itself automatically, providing access to the newest features and releases. The program is simple to use, effective, and economical. Dentsply Sirona equipment can be simply connected to the software, making access across several devices simpler.
US Dental Prosthetics Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 1.81 billion
Largest Segment
Ceramics
Fastest Growth
Fixed Dental Prosthetics
Growth Rate
11.6% CAGR
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Global Dental Prosthetics Market is segmented by Type, Material Type, End User, and region. Based on Type, the market is segmented into Fixed Dental Prosthetics (Crowns, Bridges, Abutments, Dentures, Others), Removable Dental Prosthetic (Dentures, Partial Dentures, Dental Implants, Veeners). Based on Material Type, the market is segmented into Ceramics, Cement, and Composites. Based on End User, the market is segmented into Dental Hospital & Clinics, Dental Laboratories, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Dental Prosthetics Market Analysis by Type
In 2021, the crowns category had the greatest share in the global dental prosthetics market and is predicted to maintain its dominance and see the quickest growth throughout the projected period. The use of cutting-edge technology like CAD/CAM to manufacture dental crowns is anticipated to fuel this segment's rise and growth. For example, the CEREC dental restoration system uses a number of computer-assisted technologies, including 3D imaging and CAD/CAM, to generate ceramic restorations such as crowns, veneers, onlays, and inlays. The entire CEREC 3D treatment takes about an hour to complete because there are no imprints, several injections, lab work, or follow-up visits required.
According to the American College of Prosthodontists, dental crowns, sometimes known as "caps," are among the most frequently performed aesthetic dentistry operations. Each year, about 2.3 million crowns are inserted. Dental problems can be treated with crowns in both medical and aesthetic ways. Your dentist will permanently affix a crown to your natural teeth or, in cases where a tooth has been extracted, to an implant. This is in contrast to dentures, which must be removed and handled with great care.
Most crowns manufactured nowadays only need one visit and are matched to the color of your teeth. The Dentists of Omaha's porcelain crowns are very adaptable and robust. Additionally, crowns may be utilized in combination with other procedures like dental bridges or implants.
Following this, the dentures segment is also expected to dominate the global dental prosthetics market. For example, researchers observed that an average of 19% of the population wears some sort of denture in a survey spanning 19 nations. This is almost one in five. They were found to be using two types of dentures: Partial and complete dentures.
Dental Prosthetics Market Analysis by End User
With a significant market share, the dental hospitals and clinics segment dominated the global dental prosthetics market in 2021. The majority of the enormous patient pool receives their care at dental hospitals and clinics. Clinical research indicates that having good teeth increases lifespan and improves the quality of life in older people. In the UK, more than 26,000 kids between the ages of 5 and 9 were hospitalized in 2017–18 due to dental decay, which is more than twice as many as those for acute tonsillitis.
However, throughout the anticipated time frame, dental laboratories are anticipated to increase at the quickest rate. To create dental prostheses like dentures, crowns, bridges, orthodontic appliances, or other dental restorations like implant crowns—the market sector with the fastest growth rate—dental laboratories collaborate with qualified dentists. The use of digital dentistry has increased the desire for the material used to create personalized dental prostheses at dental laboratories. For example, With the Straumann Group, CareStack, a top provider of cloud-based technology for the dentistry sector, is pleased to announce a strategic equity investment and business relationship. CareStack will broaden its service offering and footprint in the US market and other markets as a consequence of this agreement. CareStack has created a simplified digital practice solution for the contemporary, growth-ready dental office by working directly with doctors all around the world. Clinicians may now exchange various service subscriptions for CareStack's end-to-end practice management system, which interacts with and improves business, clinical, and marketing operations.
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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.
Due to the higher per capita dental spending and accessibility of sophisticated dental treatments in the area, North America maintained the second-largest share in the global dental prosthetics market. Furthermore, the rising edentulous population and rising public awareness might be linked to the market's expansion in this area. In the non-institutionalized civilian population of the United States, dental care expenses made up 6.6 percent of total health care spending. 40.4 percent of people spent money on dental care, with an average yearly cost of $666 per person. Over a 20-year period, the average cost of dental care per person rose by 27%, from $245.44 to $313.37 for the general population and by 59%, from $283.29 to $451.02 for the elderly. This rise in dental expenditure is expected to help the segment in maintaining its growth during the forecast period and further boost the growth of the global dental prosthetics market.
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Dental Prosthetics Market Driver
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.
Dental Prosthetics Market Restraint
It is anticipated that an rising product recalls by regulatory agencies like the U.S. Food and Drug Administration will hamper market expansion. For instance, the U.S. Food and Drug Administration recalled a class II device called the Endosseous dental implant abutment in January 2019. It was produced by dental implant manufacturer Institut Straumann AG. Because the item on the laser-engraved label did not match what was in the package, the product was recalled.
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The Global Dental Prosthetics market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. For example, according to an announcement by Envista Holdings Corporation, the Vitaldent Group, a prestigious Spanish dental service provider, has extended its collaboration arrangement (DSO). Vitaldent is committed to offering patients affordable, high-quality odontology utilizing the greatest procedures, medically-advanced technology, and qualified care. By virtue of this arrangement, Envista will serve as Nobel Biocare's preferred provider of implants and clear aligners (Spark). The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions.
Top Players in the Global Dental Prosthetics Market
Dental Prosthetics Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Dental Prosthetics Market Analysis, in terms of type, the crowns segment held the largest share in the global dental prosthetics market. The use of cutting-edge technology like CAD/CAM to manufacture dental crowns is anticipated to fuel this segment's rise and growth. By end-user, the global dental prosthetics market was dominated by the dental hospitals and clinics segment, this was due to the majority of the enormous patient pool receiving their care at dental hospitals and clinics. Clinical research indicates that having good teeth increases lifespan and improves the quality of life in older people. By region, the European region held the largest market share owing to higher dental spending, growing use of dental services, rising demand for high-end dental goods, and relatively larger availability of dentists per 1,000 residents, these factors account for the region's significant position in the global dental prosthesis market.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 5.9 billion |
Market size value in 2031 | USD 11.7 billion |
Growth Rate | 7.8% |
Base year | 2023 |
Forecast period | 2024–2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Dental Prosthetics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Dental Prosthetics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Dental Prosthetics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Dental Prosthetics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG35A2648
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