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

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).

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. 'DENTSPLY SIRONA Inc. ', 'Straumann Group ', 'Zimmer Biomet Holdings, Inc. ', 'Danaher Corporation ', '3M Company ', 'Ivoclar Vivadent AG ', 'Nobel Biocare Services AG ', 'CAMLOG Biotechnologies AG ', 'Ultradent Products, Inc. ', 'BEGO GmbH & Co. KG ', 'BioHorizons IPH, Inc. ', 'Planmeca Oy'

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.

Major trends in this industry include rising dental tourism, the creation of cutting-edge goods, and an increase in the usage of tiny dental implants. In wealthy nations, the price of medical care is greater and rising rapidly. As a result, citizens from these nations are traveling to developing countries that provide cheap dental care. The steadfastness of globalization has sped up the flow of high-tech goods and machinery into underdeveloped nations. In poorer nations, dental tourism has increased as a result of globalization.

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.