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(Medical-NewsWire.com, October 28, 2022 ) Major Growth Influencing Factors:
Growth in the dental implants and prosthetics market is primarily due to the development of technologically advanced solutions, changing lifestyles and unhealthy food habits, and growing consumer awareness and rising focus on aesthetics. The dental industry has evolved over the years with the development of new dental materials.
Patient compliance has concurrently increased, with a sharp rise in the demand for minimally invasive procedures. Adhesive dentistry is an area that has gained attention—this uses composite materials to improve aesthetics and strengthen teeth with minimal damage to tooth structures. As a result, the number of people opting for such procedures has increased.
Projected Surge in Revenue Generation:
The dental implants and prosthetics market is projected to reach USD 14.1 Billion by 2027 from USD 9.9 Billion in 2022, at a CAGR of 7.2% during the forecast period.
Based on design, tapered dental implants commanded a larger share in the dental implants market
Based on design, the dental implants market is segmented into tapered dental implants and parallel-walled dental implants. In 2021, tapered dental implants commanded a larger share in the dental implants market. The segment’s large share is due to the greater demand for bone-level tapered dental implants, which are cost effective, offer improved primary stability in the soft bone, enable less time-consuming one-stage implant procedures, and provide patients an immediate restoration solution.
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Based on material, PFM accounted for the largest share in the dental prosthetics market
Based on material, the dental bridges and crowns market is segmented into PFM, all-ceramics, and metal. PFM accounted for the largest share in the dental prosthetics market in 2021. The segment’s large share is due to the high strength and stability (due to the underlying metal), lower cost (as compared to gold-based crowns and bridges), and desired aesthetics.
Based on type of facility, hospitals and clinics held the largest dental implants and prosthetics market share
Based on the type of facility, the dental implants and prosthetics market is broadly segmented into hospitals and clinics, dental laboratories, and other facilities. Hospitals and clinics held the largest dental implants and prosthetics market share in 2021. The large share and high growth of the hospitals and clinics segment is due to the increasing number of dental clinics and hospitals, rapid adoption of advanced technologies by small and large dental clinics and hospitals, and a rising number of group dental practices in developed countries.
The Asia Pacific market is expected to grow at a higher CAGR during the forecast period
Based on geography, the dental implants and prosthetics market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific market is expected to grow at a higher CAGR during the forecast period. The high growth of the Asia Pacific market is due to the rapidly increasing geriatric population and medical tourism.
Key players in the dental implants and prosthetics market
The prominent players in the dental implants and prosthetics market are Institut Straumann AG (Switzerland), Envista Holdings Corporation (Danaher Corporation) (US), DENTSPLY Sirona, Inc. (US), 3M Company (US), Zimmer Biomet Holdings, Inc. (US), Henry Schein, Inc. (US), Mitsui Chemicals Inc. (Japan), COLTENE Group (Switzerland), Ivoclar Vivadent AG (Liechtenstein), AVINENT Implant System (Spain), OSSTEM Implant Co., Ltd. (South Korea), Bicon, LLC (US), Adin Dental Implant Systems (Israel), DIO Corporation (South Korea), Thommen Medical AG (Switzerland), Septodont Holding (France), Southern Implants (South Africa), Keystone Dental Inc (US), BEGO GmbH & Co. KG (Germany), Ultradent Products Inc(US), VOCO GmbH (Germany), DMG Chemisch-Pharmazeutische Fabrik (US), Shofu Inc (Japan), Bisco Inc. (US), Dental Technologies (US).
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