PUBLISHER: The Business Research Company | PRODUCT CODE: 1574702
PUBLISHER: The Business Research Company | PRODUCT CODE: 1574702
Dental prosthetics are artificial devices designed to replace missing or damaged teeth, improving both function and appearance. Custom-made to fit each patient's specific needs, these prosthetics enhance chewing ability and aesthetics, helping individuals maintain the ability to eat, speak, and smile confidently while preserving the health of the remaining teeth and jaw.
The primary categories of dental prosthetics are fixed and removable. Fixed dental prosthetics are permanently attached to natural teeth or implants and include devices such as crowns and bridges that restore both function and appearance. This category also encompasses abutments, crowns, bridges, dentures, and other products made from materials such as ceramics, cement, and composites. These prosthetics are used by various end users, including hospitals and clinics, dental laboratories, and other healthcare facilities.
The dental prosthetics market research report is one of a series of new reports from The Business Research Company that provides dental prosthetics market statistics, including dental prosthetics industry global market size, regional shares, competitors with a dental prosthetics market share, detailed dental prosthetics market segments, market trends and opportunities, and any further data you may need to thrive in the dental prosthetics industry. This dental prosthetics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dental prosthetics market size has grown strongly in recent years. It will grow from $8.16 billion in 2023 to $8.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth during the historic period can be attributed to rising dental spending, increased per capita dental expenditure, a growing demand for dental implants, advancements in dental implant technology, industrialization, and expanding mass production capabilities.
The dental prosthetics market size is expected to see strong growth in the next few years. It will grow to $13.02 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The projected growth during the forecast period can be attributed to a rise in dental insurance coverage, increased disposable income, the expansion of ceramic alternatives, rising costs of precious metals, and shifting consumer preferences. Key trends expected to influence this period include technological advancements, the development of smart prosthetics, minimally invasive techniques, the use of advanced materials such as high-strength ceramics and IoT, and the integration of smart devices.
The rising interest in cosmetic dental treatments is projected to drive the growth of the dental prosthetics market. Cosmetic dental treatments aim to enhance the appearance of teeth and smiles, focusing on aesthetics rather than functionality. This increased demand for cosmetic procedures is driven by greater awareness of oral aesthetics, advancements in dental technology, a stronger focus on personal appearance and self-esteem, and more affordable treatment options. Dental prosthetics complement cosmetic treatments by restoring both the appearance and function of teeth, enhancing smile aesthetics, and boosting confidence. For example, Dentistry.co.uk reported in July 2023 that one-third of individuals under 35 had undergone a cosmetic dental procedure in 2022, spending an average of £3,677 ($4,696.3). Among those aged 25-34, 10% spent £25,000 ($31,930.5) or more. This rising demand for cosmetic dental treatments is propelling the growth of the dental prosthetics market.
Key players in the dental prosthetics market are incorporating hybrid ceramic resin to meet the demand for custom, durable, and effective dental solutions. Hybrid ceramic resin is a composite material combining ceramic and polymer elements to offer durable, aesthetically pleasing, and high-strength restorations. For instance, in October 2022, SprintRay Inc., a US-based company specializing in 3D printing ecosystems for dental professionals, introduced OnX Tough, a next-generation hybrid ceramic resin for 3D printing dental prosthetics. This material, developed using proprietary nanofusion technology, provides five times the toughness of earlier 3D printing technologies, greatly improving durability and minimizing the risk of fractures. OnX Tough also features lifelike translucency that mimics natural enamel and integrates seamlessly with SprintRay's workflow, allowing for high-quality restorations in as little as 60 minutes.
In January 2022, National Dentex Labs, a US-based provider of dental restorations, acquired Biotech Dental Prosthetics Inc. for an undisclosed amount. This acquisition is aimed at enhancing National Dentex Labs' capabilities in custom dental solutions, expanding its network, and improving operational efficiency. Biotech Dental Prosthetics Inc. is a US-based company specializing in the manufacture of dental prosthetics.
Major companies operating in the dental prosthetics market are 3M Company, Henry Schein Inc., Zimmer Biomet Holdings Inc., Dentsply Sirona Inc., Straumann Holding AG, Glidewell Laboratories, Planmeca Oy, Ivoclar Vivadent AG, Osstem Implant Co. Ltd., Merz Dental GmbH, Amann Girrbach AG, SprintRay Inc., Nobel Biocare Services AG, Yamahachi Dental Mfg. Co., BEGO GmbH & Co. KG, Polident D.O.O., CAMLOG Biotechnologies AG, Amt Medical SRL, Dentatus AB, Acero Crowns, Cortex Dental Implants Industries Ltd.
North America was the largest region in the dental prosthetics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental prosthetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the dental prosthetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The dental prosthetics market consists of sales of dental implants, veneers, mouthguards, and orthodontic appliances. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Dental Prosthetics Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on dental prosthetics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for dental prosthetics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dental prosthetics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.