Global Dental Prosthetics Market is expected to grow at a decent rate of 7% to reach $6.5 billion by 2026
Summary:
The growing prevalence of dental diseases & disorders due to poor eating habits, the rising geriatric population, increase use of CAD/CAM technologies in cosmetic dentistry, increasing dental tourism in developing countries, and the growing prevalence of dental caries and accidents that cause tooth loss are some of the key factors driving the global dental prosthetics market.
BRUSSELS, BELGIUM, August 01, 2022: Dental prosthesis is a dental appliance that is used to restore tooth defects such as the replacement of missing teeth, missing soft or hard structures of the jaw and palate, improves aesthetic presence, and aid ability to chew and speak. These dental appliances include implants, crowns, bridges, dentures, and veneers, and some of them can be removable or permanently fixed in the mouth.
Increased Adoption of Digital Dentistry Technologies Drives the Dental Prosthetics Market
Digital dentistry, including CAD/CAM dentistry, is transforming every aspect of professional oral care in dentistry to date. Digital dentistry encompasses any digital or computer-based technology that the dental professional may use to examine, diagnose, and treat the health of the mouth. For instance,
- In March 2022, Anthogyr announced the launch of Axiom X3 implant system. The Axiom implant range is well-known among dental implantologists for outstanding prosthetic performance, simplicity of use, and consistency in treatment results.
- In December 2021, Dentsply Sirona entered into a partnership with 3Shape, to enhance the technique of capturing dental impressions by integrating 3Shape’s software.
“COVID-19 outbreak may encourage the use of digital intraoral scanners instead of conventional impressions and may increase the demand for computer-aided design and manufacturing (CAD/CAM) and 3D-printing technology. Thus, there could be an increase in demand for more productive and cost-effective digital dentistry equipment, which, in turn, may boost the industrial aspect of the market in the coming years.” -President, Operations and Supply Chain, Dental Prosthetics Company, USA
Increasing Demand for Cosmetic Dentistry Boosts the Dental Prosthetics Market
Tooth whitening treatments, anterior teeth restoration, labial veneers crowns, and orthodontic treatment are frequently demanded by patients who are interested in improving their dental appearance. Dental appearance is an important feature in determining the attractiveness of a face and thus plays a key role in human social interactions.
Growing Opportunities in Smart Aligners Fuels the Demand
Clear Aligner is one of the fastest-growing sectors in orthodontics. As compared to traditional metal brackets and wires clear aligner is driven by comfort (ease of cleaning) and aesthetics (as they are less visible and leave no tooth stains). It also offers better & more permanent facial alterations, including straightening or aligning crooked teeth if compared with conventional aesthetic approaches.
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Key Constraints/ Challenges: Dental Prosthetics Market
The high costs associated with dental prosthetics treatments, limited reimbursement policies for dental implants and periodontal surgeries, and high risk and complications associated with dental bridges and orthodontic treatments are some of the key factors restricting the growth of the dental prosthetics market.
Competitive Landscape Analysis: Dental Prosthetics Market
Some of the key players operating in the global dental prosthetics market are Straumann Holding AG, Dentsply Sirona Inc., 3M, Henry Schein Inc., Ivoclar Vivadent AG, Kulzer, and OSSTEM Implant Co, among others.
Companies Adopting Organic & Inorganic Growth Strategies to Increase their Market Share
Players operating in the dental prosthetics market are adopting organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner market share. For instance,
- In January 2022, National Dentex Labs, one of the largest networks of fully-owned dental labs in North America, announced the acquisition of Biotech Dental Prosthetics located in Palm Beach Gardens, Florida.
- In January 2022, Renew LLC and Western Dental & Orthodontics announced that they have entered into a strategic partnership to jointly make high-quality implant-supported removable anchored dentures surgical centers in California and Texas.
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