Dental Prosthetics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Dental Prosthetics Market
The global dental prosthetics market size was valued at USD 6.09 billion in 2018 and is projected to reach USD 9.71 billion in 2026, exhibiting a CAGR of 6.0% during the forecast period of 2019-2026.
One significant new thing that happened because of the pandemic was its effect on the dental prosthetics market, the supply chain was broken open; hospitals closed and were not in use; and the patients’ visits were reduced. These worrying cases resulted in fewer demands for dental prosthetics as other non-emergency procedures were put on hold or canceled, affecting dental prosthetics market growth.
Several elements and the rising incidence of dental problems, enamel decay, and periodontal sicknesses drive the dental prosthetics market. The developing older population globally and increasing attention to oral fitness and aesthetics have also contributed to the decision for dental prosthetics.
The dental prosthetics marketplace is witnessing a technological upheaval with innovations like 3-D printing revolutionizing prosthetic introduction. These advancements yield custom-made prosthetics boasting unprecedented accuracy and match, enhancing affected person consolation and consequences, impeding the rise in dental prosthetics market share globally. Moreover, such contemporary methods keep promise in streamlining production, doubtlessly using down costs and increasing accessibility to critical dental solutions.
Comprehensive Analysis of Dental Prosthetics Market
The dental prosthetics marketplace segmentation delineates various sorts, prominently crowns, bridges, abutments, dentures, and others. Among these, crowns emerge as the frontrunner, buoyed by using the performance of CAD/CAM generation in their production. End-person categorization encompasses dental hospitals & clinics, dental laboratories, and others. Dental hospitals and clinics command a significant proportion because of their sizeable patient base. However, dental laboratories show off promising boom potentialities, mainly with the arrival of digital dentistry, facilitating the creation of personalized prosthetics. This shift towards customization is using the surge in calls for dental prosthetics from laboratories.
The European region led the medical devices market by benefitting a size of USD 2.48 billion in 2018 due to higher analysis and treatment quotes for dental sicknesses inside the area, along with elevated dental expenditure and utilization of dental services.
Due to the significant influence of key players, such as Dentsply Sirona, Institut Straumann AG, Nobel Biocare Services AG (Danaher), Henry Schein, Inc., IvoclarVivadent AG, 3M, Planmeca OY, Dentium, Zimmer Biomet, BioHorizons, and BIOTECH Dental, the dental prosthetics market experiences a notable growth trajectory and establishes industry standards. These companies, headquartered in various countries, including the U.S., Germany, Switzerland, and Finland, contribute to a competitive landscape, driving innovation and advancement in the market.
In May 2019, Institut Straumann AG raised its ownership stake in the French Group Anthogyr from 30% to finish ownership. Anthogyr specializes in developing, producing, and distributing advanced implant and CAD/CAM solutions recognized for his or her excessive great and innovation.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2015-2026
Base Year 2018
Forecast Period 2019-2026
Historical Period 2015-2017
Unit Value (USD billion)
Segmentation By Type
Crowns
Bridges
Abutments
Dentures
Others
By End User
Dental Hospitals & Clinics
Dental Laboratories
Others
By Geography
North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia- Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
The Middle East& Africa (South Africa, GCC and Rest of Middle East & Africa)
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