Dental Prosthetics Market Size, Share, Growth Analysis, By Type(Fixed Dental Prosthetics (Crowns, Bridges, Abutments, Dentures), By Material Type(Ceramics, Cement, and Composites), By End User(Dental Hospital & Clinics, Dental Laboratories, and Others), By Region - Industry Forecast 2024-2031

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.