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What is the Sales, Revenue, and Price Analysis by Regions of Dental Implants and Prosthetics Market ?

01-09-2020 06:07 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

What is the Sales, Revenue, and Price Analysis by Regions

The worldwide dental implants and prostheses market was valued at $7.2 billion in 2017 and is anticipated to witness a CAGR of 6.1% during the forecast period (2018–2023) due to the growing prevalence of dental problems. Other factors driving the progress of the market are the growing volume of cosmetic dentistry procedures and dental implant surgeries, rising awareness and concern about oral hygiene, and increasing geriatric population and healthcare expenditure.

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A dental implant is a fixture that is surgically implanted into the jawbone beneath the gum line to offer support to artificial teeth. On the other hand, dental prostheses maintain the aesthetic appearance of the teeth and restore their functionality. Prosthetic devices, such as bridges and crowns, dentures, and abutments, help with intraoral defects, including missing and damaged teeth. The dental implants and prostheses market has been segmented by type and region.

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The type segment is classified into implants and prostheses, wherein implants dominated the industry with 52.8% revenue share in 2017, owing to the surging research on mini-dental implants and pocket-friendliness of these products. This is why this dental implants and prostheses market category will grow faster during the forecast period (at a 6.4% CAGR). Now, dental prostheses are further categorized into dentures, abutments, and bridges and crowns. Among all, abutments is estimated to witness the fastest growth at a CAGR of 6.7% in the coming years, owing to their increasing use by the elderly.

On a global ground, Europe dominated the dental implants and prostheses market in 2017 with 40.2% share of the total revenue due to the increasing demand for cosmetic dentistry, growing awareness about oral hygiene, and rising dental implant surgeries here. Moreover, in recent years, there has been a considerable progress in the prevalence of dental problems among the underprivileged sections in developing as well as developed countries. Edentulism, a condition of tooth loss common among the elderly, is one of the major reasons an increasing number of people are going for intraoral scanning and dental implants.

Thus, the increasing prevalence of tooth problems across the world is resulting in a rising demand for dental care procedures, which is further leading to the growth of the dental implants and prostheses market.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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