USD 12.12 billion
Report ID:
SQMIG35D2043 |
Region:
Global |
Published Date: July, 2024
Pages:
260
|Tables:
64
|Figures:
65
Tooth Replacement Market size was valued at USD 12.12 billion in 2019 and is poised to grow from USD 12.96 billion in 2023 to USD 22.10 billion by 2031, growing at a CAGR of 6.9% in the forecast period (2024-2031).
The rising demand for aesthetic and cosmetic dentistry to boost revenue in the market for tooth replacement. Through cutting-edge procedures, these procedures aim to enhance patients' aesthetic appeal by enhancing their dental and facial appearance.
Vendors in this market stand to benefit from factors such as rising consumer awareness, rising disposable incomes of the middle class, and a growing focus on improving patients' aesthetic appeal as a result of factors such as dental tourism across emerging nations.
Over the next few years, the global market will be transformed by the application of 3D technology to the design and production of prostheses and impressions. The businesses are increasing revenues in the market by employing strategic and efficient marketing strategies to pique consumers' interest in these treatments.
The development of the global market for tooth replacement will be fueled by rising R&D expenditures for implant development. Other important factors that are contributing to the expansion of the tooth replacement market include an increasing number of people with missing teeth and elderly people, as well as an increase in medical tourism as a result of unfavorable reimbursement policies in nations like the United States.
The market's expansion will also be aided by an increasing number of dental clinics that integrate CAM/CAD technology and increased adoption.
US Tooth Replacement Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 12.12 billion
Largest Segment
Dental clinics
Fastest Growth
Dental clinics
Growth Rate
6.9% CAGR
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The Tooth Replacement Market is segmented by Product type, end user, and region. By product type, Tooth Replacement Market is segmented into Dental Prosthetics, Dental Implants, CAD/CAM systems, imaging and surgical planning. By end user, Tooth Replacement Market is segmented into dental clinics, dental hospital, dental academic and research institutes. By region, Tooth Replacement Market is segmented into North America, Europe, Asia-Pacific, MEA and Latin America.
Tooth Replacement Market Analysis by Product Type
Based on the product type, In 2021, the dental prosthetics segment held more than a third of the market, expanding at a CAGR of approximately 7% over the forecast period. This sector's expansion in the market will be bolstered by the aging population, rising medical tourism, and rising healthcare awareness in nations like India, China, and Malaysia.
Dentures, dental bridges, and dental crowns are among the various products on the market. This market will expand even more as a result of the rapid advancements in restorative dentistry.
The market for tooth replacement will be completely transformed by advancements in CAD/CAM systems and dental implants. Over the next few years, the market will expand as various dental biomaterials and guided bone regeneration are introduced.
Tooth Replacement Market Analysis by End user
Based on the end user, The dental clinic segment dominating the tooth replacement market, This market segment's revenues will rise as a result of the growing number of private clinics and solo practices, especially in developing and emerging nations.
In order to expand their distribution network and boost sales, large clinics are forming strategic alliances with implant manufacturers. The market for tooth replacement will be transformed by the emergence of mobile dental clinics.
The clinic chains hope to provide patients with affordable treatment options and doorstep care. High-end digital dentistry technologies such as CAD/CAM, cone beam computed tomography (CBCT), and digital radiography are provided by dental laboratories in collaboration with hospitals and clinics.
The market will change as a result of these cutting-edge medical devices and medical imaging solutions. DSOs are independent centers in the market that offer high-quality management services.
Dental academic and research institutes offer a wide range of research opportunities and aid vendors in the creation of cutting-edge dental care products and devices for the global market.
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North America held the largest share in the global tooth replacement market in 2021 and it is expected to dominate the global market during the forecast period. The dominance is due to the high prevalence of dental-related issues like tooth decay or decaying teeth, among others, which provide lucrative growth opportunities for manufacturers around the world along with a rising number of dental implant surgeries performed annually, the United States is expected to be the leading nation in the North American region with a market share of over 30% compared to other countries in this region.
Due to the rising number of implant surgeries and the growing number of elderly people, Europe is the leading market for tooth replacements worldwide. The tooth replacement market in this region is expanding as a result of a number of factors, including an increase in dental health awareness, increased government support for medical tourism, and rising healthcare expenditures.
In addition, the large number of businesses operating in nations like Germany, the United Kingdom, France, Italy, Spain, and others, will aid in expansion over the next few years.
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Tooth Replacement Market Drivers
Rise in Concern about Dental Wellbeing and Aesthetic Smile will Drive Market Growth
Tooth Replacement Market Restraints
High Cost associated with Treatment to Hinder Market Growth
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To improve their existing product and service offerings, serve a larger customer base, and expand into new or underserved markets, a number of prominent businesses are entering into strategic partnerships. In the global market, the players are competing on price, innovation, technology, quality, reputation, and customer service and support. To keep up with the fierce competition in the market for tooth replacements, the leading manufacturers are introducing new products and improving existing ones.
Tooth Replacement Market Top Players Company Profile
Tooth Replacement Market Recent Developments
Sky Quest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
According to our global tooth replacement market analysis, Europe is the leading market for tooth replacements worldwide. Based on the end user, The dental clinic segment dominating the tooth replacement market, This market segment's revenues will rise as a result of the growing number of private clinics and solo practices. Players in the market can benefit from collaborations and partnerships. Expanding to a larger consumer base and curating customized products will provide added advantages to players.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 12.12 billion |
Market size value in 2031 | USD 22.10 billion |
Growth Rate | 6.9% |
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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Historical Year | 2019 |
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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 Tooth Replacement 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 Tooth Replacement 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 Tooth Replacement Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Tooth Replacement 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.
Tooth Replacement Market size was valued at USD 12.12 billion in 2019 and is poised to grow from USD 12.96 billion in 2023 to USD 22.10 billion by 2031, growing at a CAGR of 6.9% in the forecast period (2024-2031).
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Report ID: SQMIG35D2043
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