Press release
Dental Prosthetics Market Expects an Extensive Growth in ROI of $5.6 Million till 2023 | 3M, Zimmer Biomet, Institut Straumann AG, Nobel Biocare, etc | MarketResearchFuture.com
Market Research Future (MRFR) asserts that the global dental prosthetics market is slated to register a CAGR of 5.5% during the forecast period (2016-2023). The surging awareness about oral health is likely to offer the market a sturdy growth. Also termed as Prosthodontics, dental prosthetics are commonly used in the improvement of deficient or damaged teeth and helps to improve the functions along with the appearance of the teeth. Dental prosthetics deal with the temporary or permanent replacement of missing teeth, where screws or dental adhesives are used to fix dental prosthesis. The different type of dental prostheses available in the market is dental bridges, dental crown, abutment, dental veneers, inlays, denture, and onlays.The global dental prosthetics market is expanding at a breakneck speed owing to several factors such as increased geriatric population and surging awareness regarding oral health. Manufacturers in the market are developing innovative products in order to offer more advanced solutions to dental professionals, which is highly contributing to the growth of the market. Cosmetic dentistry is gaining prominence across the world with people getting conscious about the appearance of their teeth.
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The augmenting prevalence of severe periodontal diseases is estimated to trigger the demand for dental prosthetics across the globe. Various international authorities like the American Academy of Implant Dentistry and the World Health Organization have reported in an increased patient count suffering from severe periodontal diseases which are benefiting the market to a large extent. With the increased incidences of oral cancer across the world, the market is likely to foster. Moreover, the rising disposable income of the people, consumption of unhealthy food items, and ever-increasing geriatric population are influencing the market growth throughout the appraisal period.
On the contrary, the rising entry of new players in the market is creating a huge disparity in the cost of prosthetics, as the local vendors are offering such products at comparatively lower rates. This has resulted in a disruption in the market globally. Moreover, the lack of awareness among the individuals coupled with the limited number of implantologists is hampering the market growth.
Latest Industry News
Glidewell Dental has announced the opening of the Glidewell International Technology Center in Louisville Kentucky. The 8,500 sq ft center is aimed at teaching cutting-edge dental practices in an effort to keep fellow dentists abreast of new materials and techniques used in dental prosthetic procedures among others.
Prosthodontic clinic Dental Implants Miami Beach has installed a new dental microscope which is expected to improve the vision of the damaged tooth and allow the prosthodontist to treat the patient with lasting implants.
Key Players
Market Research Future (MRFR) recognizes the following companies as the key players in Dental Prosthetics Market: There are plenty of large and small market players which operate in this market all over the globe.
Notable market players involved in the competitive landscape of the global dental prosthetics market include Dentsply Sirona, 3M, Zimmer Biomet, Institut Straumann AG, Nobel Biocare, CAMLOG Biotechnologies AG, Planmeca, Osstem Prosthetics, and Ivoclar Vivadent.
Industry Updates
March 08, 2019: An Austria-based oral implantologist, inventor, and researcher, Dr. Mario Kern has recently developed Extended Anatomic Platform which is a patented procedure to create metal 3D printed dental abutments. The integration of GE Additive’s Dental Hybrid Solution combining of milling and metal 3D printing, the dental abutment is all set to revolutionize dental implant prosthetics.
Segments
The global dental prosthetics market has been segmented on the basis of type, material, and end-users.
By mode of type, the global dental prosthetics market has been segmented into crown, denture, veneer, bridges, inlays, and abutment. Among these, the bridges are likely to gain prominence in the long run as they cost lesser compared to other dental implants, and are extensively used as an alternative to single tooth dental implants.
By mode of material, the global dental prosthetics market has been segmented into metal, porcelain-fused-to-metal (PFM), all ceramic, and others. Among these, the metal segment is likely to command a major share as they are cheaper compared to other materials. Meanwhile, the ceramic segment is also anticipated to gain prominence in the long run due to their unique characteristics such as high density, biocompatibility, and capability to withstand abuse.
By mode of end-users, the global dental prosthetics market has been segmented into dental research laboratories and dental hospitals & clinics market. Among these, the dental hospitals & clinics segment is estimated to occupy a larger share as surgeries are mainly performed in clinics.
Regional Analysis
North America dominates the market with a majority share due to the regions inclination toward the latest in medical advancements and the presence of a large patient pool that are demanding dental prosthetics. Europe closely follows North America in terms of market size due to a similar growth pattern
Meanwhile, the Asia Pacific is experiencing rapid growth due to the rising disposable incomes in the region as well as the rise of dental tourism which attracts international patients and market players. Patients travel to these countries to leverage affordable dental prosthetic and cosmetic services. Market players from around the globe have identified this trend and are strengthening their market position in the emerging economies of the region such as India, China, and South Korea.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
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