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The global dentures market size was USD 2.09 billion in 2020. The global impact of COVID-19 has been unprecedented and staggering, with denture products witnessing a negative impact on demand across all regions amid the pandemic. Based on our analysis, the global market exhibited a lower growth of -10.46% in 2020 as compared to the average year-on-year growth during 2017-2019. The market is projected to grow from USD 2.19 billion in 2021 to USD 3.38 billion in 2028 at a CAGR of 6.4% during the 2021-2028 period. The rise in CAGR is attributable to this market’s demand and growth returning to pre-pandemic levels once the pandemic is over.
Dentures are custom-made tools to replace an individual's missing teeth and restore the appearance and oral functions. They are available in two types known as complete and partial. The conventional implants are customized after the teeth have been removed and the gum tissue is completely healed. However, an immediate denture is positioned as soon as the teeth are removed to carry out basic teeth functions and are then subsequently replaced with conventional artificial teeth after a certain time. These are made from pink acrylic stimulating gum tissue, and teeth are made of plastic or porcelain. Moreover, the growing number of periodontal diseases and edentulism leads to increasing demand for these products globally.
Suspension of Dental Procedures amid COVID-19 Pandemic to Negatively Impact the Market
The cancellation of non-emergency dental procedures in several countries due to lockdown restrictions hindered the market growth up to a certain extent. Additionally, numerous hospitals have been converted into COVID-19 isolation and treatment centers, which leads to the postponement of elective surgeries in various regions around the globe.
However, as countries across the globe are deliberately reopening, the global market has witnessed the trend of a robust sales rebound. Overall, the COVID-19 pandemic is expected to exert a limited negative impact on the market's growth.
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Growing Trend of Cosmetic/Aesthetic Dentistry to Augment Market Growth
The increased focus on physical appearance among the young population has augmented the demand for esthetic dental restoration procedures. Thus, while planning denture procedures, the medical professionals consider the aesthetic features of the products, such as the natural appearance and shape of teeth. Additionally, dental professionals consider the shape and color of supporting bone and gingival tissue to make these implants look naturally aesthetic.
Therefore, the growing trend of aesthetic dentistry amongst the millennial population is one of the major factors holding enormous opportunity for the market to flourish across the forecast period.
Thus, several companies focus solely on the research and development of digital technology-based dentures for the enhanced aesthetic tooth restoration procedures.
Hence, such factors mentioned above hold lucrative growth opportunities for the market to witness a positive growth trajectory across the forecast period.
Rising Adoption of Digital Dentures Anticipated to Fuel Market Growth
The rising adoption of digitization solutions is fueling the demand for these products globally. Digital dentures are designed and manufactured using 3D printing technologies, computer-aided design (CAD), and computer-aided manufacturing (CAM). These advanced technologies offer immense benefits such as convenience, precision, consistency, and durability. Additionally, these products are considered proven to accurately restore dental functions such as mastication.
Penetration of digital technologies in the dental industry is a novel trend with variable uses from diagnosis, designing, placement, etc. The modernization of dental practices and the growing adoption of the latest technology trends in the field of dentistry are poised to augment the dentures market growth.
Moreover, due to rapid technological advancements, major companies such as Dentsply Sirona and few others are also focusing on developing dental implants through digital dentistry. Also, several companies are focusing on inorganic strategic partnerships to gain a competitive advantage in the dental market.
Hence, the adoption of digital dentistry will strongly propel the market growth during the forecast period.
High Cost of Premium Products to Restrict Market Growth in Emerging Economies
Dentures have witnessed substantial developments in the past decade, including design, customization, and material, among others. However, the cost of these products is significantly high due to the arduous manufacturing process and the high cost associated with the materials used. Thus, the upsurge in the overall cost is anticipated to restrict the market growth during the forecast period.
The high price of these products restricts the population of developing economies from investing in such procedures. Furthermore, limited reimbursement for dental devices and products and related dental procedures has also been a restricting factor, resulting in the lower adoption of these products. Many insurance systems, including Medicare, do not cover the product in most circumstances. Thus, the above factors have been responsible for the limited adoption of these products in several countries and regions.
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Complete Segment to Dominate Backed by Ageing Population
Based on type, this market is segmented into complete and partial.
The complete segment held the dominant dentures market share in 2020 due to a rapid rise in the aging population globally, and edentulism is more common in people within this age group.
The partial segment is anticipated to expand at a comparatively higher CAGR during the forecast period. This is due to the rising incidences of traumatic tooth loss increasing the demand for partial product types.
This drives the demand for partial replacement of one or more teeth, especially among the adult population in developed and developing countries.
Increasing Number of Dental Procedures to Ensure Higher Share of the Removable Segment
On the basis of usage, the market can be segmented into removable and fixed.
The removable segment held the dominating share in 2020 owing to the distinct operational and economic benefits of removable over fixed dentures leading to a higher patient preference towards these types. This, along with a growing number of new products introduced in the segment, leads to higher adoption of removable types of product globally.
Additionally, the presence of the baby boomer population, that holds a significant fraction of the total world’s population. According to the World Health Organization (WHO), it is estimated that by 2050, older adults will account for around 25-29% of the US population. Similarly, according to the Canadian Longitudinal Study on Aging in Canada, older persons continue to make up a larger share of the population and are projected to rise to 30% by 2050.
The fixed segment is expected to grow at a significant CAGR during the forecast period. The segment's growth is primarily due to the increasing adoption of fixed products due to the many limitations associated with the removable ones. These include restrictions on consuming several types of food due to limited masticatory ability and the difficult cleaning process of removable types. Additionally, fixed dentures offer a natural look, maintain the facial structure, and prevent further bone loss from the missing teeth.
Higher Dental Procedural Volume at Dental Hospitals & Clinics to Aid Dominance of Segment
Based on the end-user, the market segments include dental hospitals & clinics, dental laboratories, and others.
The dental hospitals & clinics segment dominated the market in 2020 owing to the presence of a large number of dentists associated with hospitals and clinics, and a rising number of dental & orthodontic clinics in the U.S. and Europe is leading to a higher number of procedures performed in these settings, thereby augmenting the market growth.
The dental laboratories segment is anticipated to register a higher CAGR during 2021-2028. Increasing adoption of advanced digital technologies, including 3D printing in dental laboratories to design and manufacture customized products coupled with the rising number of such dental laboratories across various regions of the world, will significantly drive the growth of the segment during the forecast period.
Europe Dentures Market Size, 2020 (USD Billion)
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On the basis of region, the global market can be segmented into the key regions of North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The market value in Europe stood at USD 0.78 billion in 2020. The region is anticipated to continue to dominate the global market during the forecast period owing to the rise in spending on dental services.
The rise in awareness regarding the dental services and types of dental products in the region and the associated new indications are propelling the growth of the segment during the forecast period. Additionally, the huge growth potential of this market in Europe is attracting manufacturing companies to invest. This has also paved the way for the implementation of many inorganic strategies. The technological advancements by key market players result in increased demand for dental products in most age groups.
North America is estimated to be the second-most dominant region in terms of market share. North America holds a significant share due to the increasing healthcare expenditure, well-established health infrastructure, and the presence of a large pool of patients suffering from edentulism.
The market in Asia Pacific is estimated to grow at the highest CAGR owing to increasing awareness among the population about several benefits associated. Moreover, the growing geriatric population, increased prevalence of periodontal diseases, rising utilization of dental services, and increased disposable income are anticipated to drive the Asia Pacific market.
There is a higher need for dentures among the geriatric population, owing to partial or complete tooth loss, leading to the rising penetration of these products in major countries, including China, Japan, and India.
Increasing expenditures for professional dental services in the region and the presence of a large number of dentists in Latin America and the Middle East & Africa are expected to lead to future growth prospects. Euromonitor International estimates that Brazil has the highest number of dentists in the world - more than 240,000. That is equal to 15% of the dentists in the whole world. Additionally, Saudi Arabia is the third-largest GCC country by the number of dentists per 10,000 residents.
Dentsply Sirona and Zimmer Biomet Comprising of Noticeable Market Share
The competitive landscape of the market is fragmented, with players like Dentsply Sirona and Zimmer Biomet accounting for a significant share in 2020. The top market players focus on research and development of dental products and strategic acquisition of other players' business to strengthen their market position.
Such acquisitions will significantly enhance their portfolio of innovative products in the dentistry segment.
Other players such as SHOFU INC., and Ivoclar Vivadent, etc., in the market are continuously engaged in developing novel products and strengthening their distribution channel across the globe to establish their footprints in emerging regions.
An Infographic Representation of Dentures Market
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The market research report provides detailed market analysis and focuses on key aspects such as an overview of the advanced product, the prevalence of dental disorders and key countries, and pricing analysis. Additionally, it includes an overview of reimbursement scenarios for surgical procedures, key industry developments such as mergers, partnerships, & acquisitions, the impact of COVID-19 on the market, and brand analysis. Besides these, the report offers insights into global dentures market trends and highlights key industry developments. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the market over recent years. The report also covers regional analysis of different growing segments.
Value (USD Billion)
Fortune Business Insights says that the global market size was USD 2.09 billion in 2020 and is projected to reach USD 3.38 billion by 2028.
In 2020, Europe stood at USD 0.78 billion.
Growing at a CAGR of 6.4%, the market will exhibit steady growth during the forecast period (2021-2028).
The complete segment is expected to be the leading segment in this market during the forecast period.
The rising incidence of periodontal diseases and the aging population are major factors driving the growth of the market.
Dentsply Sirona and Zimmer Biomet are some of the major players in the global market.
Europe dominated the market in 2020.
Penetration of digital technologies in the dental industry such as digital scanners, CAD/CAM machines, and 3D printing technologies has been employed to design and manufacture these products is expected to drive the adoption of these products.
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