Dental Prosthetics Market is predicted to register a CAGR of 5.5%
Global Dental Prosthetics Market: Information By Type (Denture, Crown, Bridges, Veneer, Abutment, Inlays), By Type of Material (Porcelain-Fused-to-Metal (PFM), Metal, All-Ceramic, Others) and By End User (Dental Hospitals & Clinics, Dental Research Laboratories) - Forecast till 2027
Dental Prosthetics – Overview
Prosthodontics is another name for dental prosthetics. It is an area of dentistry that facilitates the restoration & replacement of damaged teeth. In recent times, the demand for this kind of dental treatment has risen. Due to this, the global dental prosthetics market has gained momentum.
This method can be effectively utilized to enhance the appearance & function of teeth. It can also change the quality of life of the recipients for good. This field of dentistry is basically divided into two parts – Fixed & removable prosthetics.
A fixed prosthetic contains an artificial reconstruction of the crown of an impaired or absent tooth that is as close as possible to its natural counterpart. These synthetic crowns can be supported by the roots of the teeth or by a dental implant.
The removal prosthetic is also popularly known as denture. It is a prosthesis that can be removed & reinserted as per the recipient’s convenience. Many people have started realizing the benefits of this procedure which in turn is driving the global dental prosthetics market.
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Market Scenario
The global dental prosthetics market is poised to have a steady growth in upcoming years. CAGR wise, the market is expected to develop at the rate of above 5.3% from 2018 to 2022. It is estimated to earn more than USD 5657.2 million by 2022.
There are many drivers that are responsible for the success of this market. Some of them include, rising geriatric population, oral health awareness amongst individuals. The efforts by the manufacturers make for an essential growth driver. They are constantly coming up with new and innovative dental products. Through this, they want to offer advanced solutions. Lastly, in present times people think a lot about their external appearance. Teeth are an important part of your body & many people are realizing it. They want their smiles to be completely flawless.
Technological reforms & discoveries and the demand for quality dental care can be termed as secondary market propellers. Although, the market may face certain hindrances like costly dental implants & limited coverage for dental products.
Segmentation
The global dental prosthetics market has been divided on the basis of types, types of materials, end users & regions.
Denture, crown, bridges, veneer, abutment & inlays form the types segment. Crowns & bridges hold the largest market segment. They are expected to earn above USD 3.8 billion by 2022. The growth of this section is driven by latest CAD/CAM discoveries.
On account of types of materials, the market is divided into Porcelain-fused-to-metal (PFM), metal, all ceramic. And lastly the end users segment comprises of dental hospitals & clinics market, dental research laboratories.
Geographically, the market is divided into North America, Europe, Asia Pacific, South America & Rest Of The World. Amongst these, Europe holds the biggest share of the market. It can be attributed to the rising geriatric population & governmental expenditure in that region. During the forecast period (2018-2022), Asia-Pacific is expected to gain considerable growth.
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Innovations
The worldwide dental prosthetics has seen a lot of innovations in recent times. One of the most notable ones has been cosmetic dentistry. It comprises of everything from replacing damaged or missing tooth to reshaping, cleaning & rearranging of teeth.
Even other technologies have hit the market. Lasers, intraoral cameras, tomography X-rays & CAD/CAM are some of them.
Key Players & Strategies
Some of the most noteworthy names of this industry include, Henry Schein, Inc., DENTSPLY Sirona, 3M and Zimmer Biomet. To increase their revenue, these brands form partnerships & acquisitions. Through these, they have been successful in increasing their sales & expand their business on the global map.
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