The global dental prosthetics Market, which stood at USD 11.25 Billion in 2022, is expected to witness significant growth, reaching USD 29.25 Billion by 2030. This projection comes as a result of a comprehensive analysis conducted by industry experts, revealing a compound annual growth rate (CAGR) of 12.2% between 2023 and 2030.
The rising prevalence of dental disorders, coupled with advancements in dental prosthetics technology, is driving the expansion of this market. With an aging population and increasing awareness about oral health, there has been a surge in demand for dental prosthetics worldwide.
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Key players
Some major key players in Dental Prosthetics Market are Bicon, LLC., institute Straumannn ag, ivoclar Vivadentt ag, Henry Schein Inc., Envista Holding Corporation, ZimVie Inc, Dentsply Sirona Inc., avinent implant system s.l, 3M Company, OSSTEM IMPLANT CO. LTD and other players.
Key factors contributing to the growth of the dental prosthetics market include:
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Technological Innovations: Continuous advancements in dental materials and manufacturing processes are enhancing the quality and durability of dental prosthetics, thereby fueling market growth.
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Increasing Dental Disorders: The prevalence of dental conditions such as periodontal diseases, dental caries, and tooth loss is rising globally, leading to a higher demand for dental prosthetics solutions.
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Growing Aging Population: As the elderly population grows, the need for dental prosthetics, including dentures, crowns, bridges, and implants, is expected to increase significantly.
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Rising Dental Tourism: Dental tourism, particularly in emerging economies, is driving the demand for dental prosthetics, as patients seek cost-effective yet high-quality dental care solutions.
KEY MARKET SEGMENTS
By Type
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Dentures
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Crowns
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Abutments
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Bridges
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Others
By End User
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Dental Laboratories
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Dental Hospitals & Clinics
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Others
The Asia Pacific region is anticipated to witness substantial growth in the dental prosthetics market due to increasing healthcare expenditure, rising disposable income levels, and improving healthcare infrastructure. Moreover, technological advancements and a growing awareness of oral health are contributing to the market's expansion in this region.
Prominent players operating in the global dental prosthetics market include Dentsply Sirona, Institut Straumann AG, Zimmer Biomet Holdings, Inc., 3M Company, and Ivoclar Vivadent AG, among others. These companies are focusing on strategic collaborations, product launches, and mergers and acquisitions to strengthen their market position and expand their product offerings.
As the dental prosthetics market continues to evolve, it presents lucrative opportunities for stakeholders, including manufacturers, suppliers, and healthcare providers, to capitalize on the growing demand for innovative dental solutions.
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