Global Dental Prosthetics Market: Snapshot

The geriatric population exhibits potentially the highest demand for dental prosthetics. It is therefore much likely for the global dental prosthetics market to gain increased traction as the geriatric population grows worldwide. Additionally, the rising number of dental procedures conducted around the world has tipped scales in favor of the global dental prosthetics market. This however, is triggered by the rising incidence of dental disorders. Besides this, on back of rising disposable income, consumers are willing to spend on advanced dental care procedures, which has aided in the market’s expansion in the last few years. With the steadily growing reimbursement facilities for dental procedures, in the near future the demand for dental prosthetics is expected to scale higher than expected.

It is noted that consumption rate of dental prosthetics is comparatively higher in developing nations. This however is achieved on the back of rising medical tourism. These nations provide advanced healthcare facilities, which is available at a lower price tag hence gaining traction from people around the world. Already a multi-billion dollar industry, the medical tourism sector in developing regions is witnessing a surging demand for dental procedures, which has created an environment conducive to the growth of the dental prosthetics market.

Overall, the global dental prosthetics market, which stood at US$3.5 bn in 2016 is expected to reach US$5.88 bn by the end of 2023, exhibiting a CAGR of 7.6% during the time. On the downside, excessive price competitiveness witnessed in the last couple of years has hindered the market’s trajectory to an extent. Given the scenario players are compelled to offer services at a lower price and provide updated solution. This however creates opportunities for research and development, which could act in favor of the market.

Asia Pacific to Offer Lucrative Opportunities for Market’s Growth

Regionally, the global dental prosthetics market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Exhibiting a CAGR of 8.7% between 2015 and 2023, Asia Pacific emerged as one of the most lucrative markets for dental prosthetics. The rising healthcare spending by governments across emerging nations and proliferation of medical tourism have aided the market’s expansion in Asia Pacific.

Meanwhile, experts project Europe to continue exhibiting the leading consumption of dental prosthetics through the forecast period. The rising geriatric population, which is the key target demographics, is expected to fuel the demand for dental prosthetics in Europe. Besides this, the region witnesses a rising incidence of periodontal diseases owing the rising consumption of junk foods, which has further complemented the growth of the dental prosthetics market in Europe.

Demand for Bridges and Crowns to Remain High Through Forecast Period

By type, bridges, veneers, crowns, dentures, and others (including inlays and onlays) constitute the key segments in the global dental prosthetics market. Before 2023 ends, the dental crowns segment is likely to reach US$2.9 bn. As per studies, crowns and bridges are the most commonly used dental prosthetics as they are easy to use and offer a high degree of aesthetics. Moreover, considering the latest development, patients today can choose crowns made from ceramics, plastics, zirconium, and metal ceramics.

Despite the competitive rivalry among key players, the global dental prosthetics market exhibits a highly consolidated vendor landscape. Some of the leading players operating in the market are DENTSPLY International, Inc., Institut Straumann AG, Nobel Biocare Holdings AG, Zimmer Holdings, Inc., and Biomet 3i.

The global dental prosthetics market is expected to observe rapid growth over the rising demand for the product amidst growing concern over oral health. A surge in the incidences of dental diseases together with thriving dental tourism is expected to support expansion of the global dental prosthetics market in the years to come.

Furthermore, augmented consumption of alcohol and chewing of tobacco is expected to add to the growing woes over dental diseases. This will raise the demand for cosmetic dentistry supplements, thereby widening the scope of application for the global dental prosthetics market in the years to come.

However, dental products are priced on the higher side, which is likely to adversely affect the market in near future. In addition, lack of skilled professionals together with fewer reimbursements is likely to restrict growth of the global dental prosthetics market in near future.

Demand for Improved Aesthetics to Shoot up Adoption of Dental Prosthetics

Rise in the awareness pertaining to the oral health coupled with substantial rise in the disposable income of people in many of the developing countries is likely to provide lucrative growth opportunities for players in the global dental prosthetics market. Some of the factors influencing growth of the market are mentioned below

  • Reduced loss of oral bone, which also leads to loss of teeth
  • It offers support to partial dentures
  • Dental prosthetics have been effective as solutions for oral maintenance and rehabilitation
  • Improved aesthetic
  • Better quality of life for patients

Growing preference toward metal-free solutions together with esthetic offerings is expected to shape the contours of the market in near future. Various companies such as Nobel Biocare dealing with dental prosthetics are focusing on bringing on new innovative products to cater to the growing and evolving needs of the patients. In addition, partnerships and collaborations between companies are leading to introduction of better products in the market.

Global Dental Prosthetics Market: Overview

Various dental prosthetics such as crowns, bridges, and dentures have gained prominence for the replacement of missing or damaged teeth or soft tissues. The rise in geriatric populations across various regions has catalyzed the demand for dental prosthetics. Increasing disposable incomes in numerous developing and developed nations has bolstered the demand for advanced dental prosthetics for improving the function of teeth and enhancing overall aesthetic appearance.

The dental prosthetics market is showing promising growth prospects in developing nations, driven by rapidly burgeoning medical tourism boosting the uptake of advanced methods of prosthetic dentistry. The availability of inexpensive dental procedures and robust dental care facilities in these countries are key factors favorably impacting the market growth. Furthermore, the advent of modern diagnostic imaging systems and automated dentistry practices are expected to turn the dental prosthetics market around. The global market for dental prosthetics is projected to rise at 7.6% CAGR from 2015 to 2023 and is expected to reach US$5.88 bn by the end of the forecast period.

The report offers in-depth insights into the key drivers and restraints, regulatory landscape in major regions, major technological advancements in prosthetic dentistry, share and size of various segments, emerging opportunities, and competitive landscape. The findings in the study offers evidence-based assessment of the market dynamics indispensable for identifying lucrative avenues in various regions. 

Global Dental Prosthetics Market: Trends and Opportunities

The growing number of people around the world who need dental care procedures is driving the dental prosthetics market. The rising number of people with acute periodontal diseases, attributed mainly to the lack of proper dental hygiene, has catalyzed the growth of the market. The rising number of elderly populations in developing and developed nations who need dental care is expected to bolster the uptake of dental prosthetics. Furthermore, the rising prevalence of junk foods and the lack of focus among children for taking proper dental care has led to the incidence of dental disorders.

The rising incidence of congenitally missing teeth and increasing prevalence of oral cancer are crucial trends expected to boost the market. The growing use of CAD/CAM software in the area of cosmetic dentistry and the growing prominence of professional dental care in several developing and developed nations are the seminal developments expected to open up scores of exciting opportunities for market players. For instance, the accelerated adoption of these software has improved the functionalities of dental crowns and bridges. In addition, the growing popularity of combined prosthesis as a convenient alternative to fixed prosthesis in patients in case of difficulty in replacing all missing teeth is further anticipated to boost the market.

Global Dental Prosthetics Market: Regional Outlook

Regionally, Europe dominates the global market in the terms of uptake of dental prosthetics and is expected to continue its lead throughout the forecast period. The prominence of this regional market is mainly on account of the rapidly rising geriatric populations in several nations. Meanwhile, Asia Pacific is anticipated to provide lucrative avenues for market players to capitalize on in the coming years. The regional market is expected to rise at a CAGR of 8.7% during 2015–2023. The impressive growth is driven by increasing healthcare spending by governments of emerging countries and the rapidly rising medical tourism in the region.

Global Dental Prosthetics Market: Companies mentioned in the report

The global dental prosthetics market is fairly consolidated with a major presence of several big regional players. Top players opt for collaborations as a key strategy and are focusing on launching advanced prosthetic solutions to gain a competitive edge over others. Leading players operating in the market include Biomet 3i, Zimmer Biomet, Nobel Biocare Holdings AG, Institut Straumann AG, and Dentsply Sirona.

Major regions analyzed under this research report are:

  • North America
  • Europe
  • Asia Pacific
  • The Middle East and Africa
  • Latin America

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years 

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

1. Preface
      1.1. Report Description
      1.2. Market Segmentation
      1.3. Research Methodology

2. Executive Summary
      2.1. Global Dental Prosthetics Market Share, by Geography, 2014(%)
      2.2. Global Dental Prosthetics Market, by Type, 2014 (US$ Mn)
      2.3. Dental Prosthetics: Market Snapshot

3. Global Dental Prosthetics Monitors Market – Industry Analysis
      3.1. Introduction
      3.2. Drivers
               3.2.1. Rise in geriatric population
               3.2.2. Increase in incidence of oral diseases and rise in the number of dental procedures
               3.2.3. Growing medical tourism in developing nations
      3.3. Restraints
               3.3.1. Competitive pricing and equipment costs
      3.4. Opportunities
               3.4.1. New products, services, and device development
               3.4.2. Emerging economies to offer sustained growth opportunities
      3.5. Porter’s Five Forces Analysis
      3.6. Market Attractiveness Analysis – Dental Prosthetics Market
      3.7. Market Share – Dental Prosthetics Market (2014) (%) 

4. Market Segmentation – By Type
      4.1. Introduction
      4.2. Global Dental Bridges Market Revenue, 2013–2023, (US$ Mn)
      4.3. Global Dental Crowns Market Revenue, 2013–2023, (US$ Mn)
      4.4. Global Dental Veneers Market Revenue, 2013–2023, (US$ Mn)
      4.5. Global Dentures Market Revenue, 2013–2023, (US$ Mn)
      4.6. Global others (inlays, onlays, etc.) Market Revenue, 2013–2023, (US$ Mn)

5. Dental Prosthetics Market - Regional Analysis
      5.1. Global Dental Prosthetics Market: Regional Overview
      5.2. North America Dental Prosthetics Market Overview
      5.3. Europe Dental Prosthetics Market Overview
      5.4. Asia Pacific Dental Prosthetics Market Overview
      5.5. Latin America Dental Prosthetics Market Overview
      5.6. Middle East and Africa Dental Prosthetics Market Overview

6. Recommendations

7. Company Profiles
      7.1. 3M Health Care 
      7.2. AVINENT Implant System, S.L 
      7.3. BioHorizons, Inc. 
      7.4. DENTSPLY International, Inc.
      7.5. Ivoclar Vivadent AG 
      7.6. Institut Straumann AG 
      7.7. Nobel Biocare Holdings AG 
      7.8. Zimmer Biomet Holdings, Inc 

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

Request Customization

Dental Prosthetics Market