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The global dental prosthetics market size was valued at USD 7.83 billion in 2023 and is projected to reach a valuation of USD 8.27 billion in 2024. The market is expected to reach USD 13.25 billion by 2032 with a CAGR of 6.1% during the forecast period. “Dental Prosthetics Market Size, Share & Industry Analysis, By Type (Crowns, Bridges, Abutments, Dentures, and Others), By End-user (Solo Practices, DSO/Group Practices, and Others), and Regional Forecast, 2024-2032”.
Dental prosthetics includes dentures, bridges, and dental implants that are artificial replacements for missing teeth or oral structures. Advancements in the materials and technology have improved the durability, fit, and natural appearance of these products. Rise in the incidences of dental caries and periodontal diseases are set to drive market growth.
The COVID-19 pandemic led to postponement or cancellation of dental procedures due to lockdown measures and safety concerns. The resuming of dental services led to an increase in the number of prosthetics procedures which is propelling the demand for the products.
Zimmer Biomet and Align Technology, Inc. Signed an Agreement for Multinational Distribution
In September 2019, Zimmer Biomet along with Align Technology, Inc. announced an agreement for multinational distribution. This agreement allowed Zimmer Biomet to expand its global footprint in the fast growing market for digital restorative dentistry solutions.
Poor Oral Hygiene among Individuals to Increase Demand for Dental Prosthetics
Rise in the cases of dental diseases is set to drive the dental prosthetics market growth. Dental diseases include tooth decay, gum diseases, and tooth loss which are a result of poor oral hygiene, unhealthy dietary habits, and aging population. In addition, advancements in the dental technologies and materials have improved the durability, aesthetics, and functionality of prosthetic devices.
However, the high costs and limited reimbursement options might limit the access to patients for seeking prosthetic treatments. Due to this, there might be postponement of necessary dental procedures owing to financial limitations.
Numerous Strategies Opted by Key Market Players Help to Boost Market Competition
The market comprises of Glidewell, Directa AB, Altimed JSC, and other companies which are focusing on technological innovations, geographic expansions using acquisitions, mergers, and collaborations with local suppliers and dental practice organizations. 3M, DDS Lab Inc, Cheng Crowns, Dentsply Sirona, and Institut Straumann AG are some of the leading market players in dental prosthetics sector.
Key Industry Development
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List of Key Players Profiled in the Report:
Further Report Findings:
Table of Segmentation
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
|
Base Year |
2023 |
|
Estimated Year |
2024 |
|
Forecast Period |
2024-2032 |
|
Historical Period |
2019-2022 |
|
Growth Rate |
CAGR of 6.1% from 2024-2032 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
By End-user
|
|
By Region
|