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Dental Prosthetics Market to Reach USD 9.71 Billion by 2026; Rising Cognizance for Oral Health to Propel Market

April 23, 2020 | Healthcare

The global dental prosthetics market size is predicted to reach USD 9.71 billion by 2026. The growing dental tourism across the world will contribute positively to the market share during the forecast period. In addition, the growing inclination towards oral health and care will spur new business opportunities for the market, mentioned in a report, titled “Dental Prosthetics Market Size, Share & Industry Analysis, By Type (Crowns, Bridges, Abutments, Dentures, and Others), By End User (Dental Hospitals & Clinics, Dental Laboratories, and Others), and Regional Forecast, 2019-2026” the market size stood at USD 6.09 billion in 2018 and is expected to exhibit a CAGR of 6.0% between 2019 to 2026.


Agreement between BIOTECH DENTAL and NEMOTEC to Accelerate Business Prospects


BIOTECH DENTAL, a leader and producer of dentistry material for Dentists, Surgeons, and Prosthetists announced that it has acquired 81% stake in its long-time technology partner, Nemotec, a leading dental software company. The new development between the companies can be a vital aspect in boosting the dental prosthetics market trends during the forecast period owing to the combined technological strength to offer solutions for the professionals of the dental sector. Moreover, the Biotech utilizes Nemotec’s technology to produce their proprietary clear aligners, Smilers® and has planned to launch a revolutionary orthodontics technology for orthodontists and maxillofacial surgeons in the coming years. Furthermore, the rising deals and agreements among key players will subsequently enable speedy growth of this market in the foreseeable future. For instance, in September 2019 Zimmer Biomet announced a multinational distribution agreement with Align Technology, Inc. for the award-winning iTero Element family of intraoral scanners. This agreement will allow Zimmer Biomet to expand its global footprint in the fast-growing market for digital restorative dentistry solutions.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/dental-prosthetics-market-102677


Rising Prevalence of dental diseases to Spur Sales Opportunities


The rising prevalence of the dental diseases around the world will fuel demand for dental prosthetics, which, in turn, will augur well for the market. Dental disease such as tooth decay, periodontal diseases, and palate can go undetectedand requireconstantattentionby dentists. According to the World Health Organization, more than 530 million children suffer from dental caries of primary teeth (milk teeth). Moreover, the growing cases of oral diseases and dental caries will foster the healthy growth of the market during the forecast period. As per the World Health Organization, oral diseases pose a major health burden for many countries and affect people throughout their lifetime, causing pain, discomfort, disfigurement and even death, as per the World Health Organization. The growing number of cosmetic treatments and procedures such as crowns, implants, and bridges will encourage healthy growth of the market in the forthcoming years. In addition, the increasing prevalence of oral cancer in developing nations will consequently facilitate the growth of the market in the foreseeable future. As per the facts mentioned by the World Health Organization, Oral cancer (cancer of the lip or mouth) is one of the three most common cancers in some countries of Asia and the Pacific.


Lack of Awareness Regarding Oral Health to Restrict Market


The high cost associated with dental prosthetics and procedures such as dental implants, as it considered under cosmetics will subsequently dwindle the dental prosthetics market growth. Moreover, no reimbursements for dental prosthetics and implants will further restrict the growth of the market revenue of dental prosthetics. In addition, the lack of awareness regarding oral health and care in developing nations will dampen the growth of the market.


The Report Lists the Key Companies



  • Dentsply Sirona

  • Institut Straumann AG

  • Nobel Biocare Services AG (Danaher)

  • Henry Schein, Inc.

  • IvoclarVivadent AG 

  • 3M

  • Planmeca OY

  • Dentium

  • Zimmer Biomet

  • BioHorizons

  • BIOTECH Dental


Further Report Findings:



  • Regional Analysis: The market size in Europe stood at 2.48 billion in 2018 and is predicted to expand rapidly during the forecast period owing to the favorable treatment rates for dental diseases. The rising demand for premium dental products will further aid growth in the region. North America is expected to witness high demand for dental prosthetics owing to advanced treatment options and high inclination of people towards oral health.

  • Leading Segment:Crowns are likely to hold the lion’s share during the forecast period owing to the the implementation of advanced technologies such as CAD/CAM to produce dental crowns. The dental hospitals and clinics segment  is expected to dominate the market owing to the large patient pool for the treatment in dental hospitals and clinics


This Market is segmented into:








































 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)

  • Middle East& Africa (South Africa, GCC and Rest of Middle East & Africa)


Dental Prosthetics Market
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  • 2018
  • 2015-2017
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