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Global Dental Prosthetics Market is poised to grow at a CAGR of 7% to reach $6.5 billion by 2026 - Growing Cases of Dental Diseases and Dental Disorders

11-28-2022 04:05 PM CET | Health & Medicine

Press release from: Medi-Tech Insights

Global Dental Prosthetics Market is poised to grow at a CAGR of 7%

Dental prosthesis is a dental appliance which is used to restore tooth defects such as the replacement of missing teeth, missing soft or hard structures of the jaw and palate, improves aesthetic presence and help the ability to chew and speak. These dental appliances include implants, crowns, bridges, dentures, and veneers, and some of them can be removable or permanently fixed in the mouth.

Adoption of Digital Dentistry Technologies boosts the Growth of the Dental Prosthetics Market

Digital dentistry, including CAD/CAM dentistry, is transforming every aspect of professional oral care in dentistry to date. Digital dentistry encompasses any digital or computer-based technology which the dental professional may use to examine, diagnose, and treat the health of the mouth.

For instance,
 In March 2022, Anthogyr announced the launch of Axiom X3 implant system. The Axiom implant range is well-known among dental implantologists for outstanding prosthetic performance, simplicity of use, and consistency in treatment results.
 In December 2021, Dentsply Sirona entered into a partnership with 3Shape, to enhance the technique of capturing dental impressions by integrating 3Shape's software.

An Increasing Demand for Cosmetic Dentistry Boosts the Dental Prosthetics Market Growth

Tooth whitening treatments, anterior teeth restoration, labial veneers crowns, and orthodontic treatment are frequently demanded by patients who are interested in improving their dental care. Dental appearance is an key feature in determining the attractiveness of a face and thus play an important role in human social interactions.

"COVID-19 outbreak may encourage the use of digital intraoral scanners instead of conventional impressions and may increase the demand for computer-aided design and manufacturing (CAD/CAM) and 3D-printing technology. Thus, there could be an rise in demand for more productive and cost-effective digital dentistry equipment, which, in turn, may boost the industrial aspect of this market in the upcoming years."-President, Operations and Supply Chain, Dental Prosthetics Company, USA

Ample Emerging Opportunities in Smart Aligners Fuels the Global Market Demand

Clear Aligner is one of the rapidly-growing markets in orthodontics. As compared to the traditional metal brackets and wires clear aligner is driven by comfort (ease of cleaning) and aesthetics (as they are less visible and leave no tooth stains). It also offers better & more permanent facial alterations, including straightening or aligning crooked teeth if compared with conventional aesthetic approaches.

Market Challenges: Dental Prosthetics Market

The high costs associated with the dental prosthetics treatments, limited reimbursement policies for dental implants and periodontal surgeries, and high risk and complications associated with the dental bridges and orthodontic treatments are some of the major factors restricting the growth of the dental prosthetics market.

Competitive Landscape Analysis: Dental Prosthetics Market

Some of the major players operating in the global dental prosthetics market are Straumann Holding AG, Dentsply Sirona Inc., 3M, Henry Schein Inc., Ivoclar Vivadent AG, Kulzer, and OSSTEM Implant Co, among others.

Companies are Adopting Efficient Growth Strategies to Increase their Market Share in Dental Prosthetics Market

All major players operating in the dental prosthetics market are adopting both organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner a higher market share.

For instance,
 In January 2022, National Dentex Labs, one of the largest networks of fully-owned dental labs in North America, announced the acquisition of Biotech Dental Prosthetics located in Palm Beach Gardens, Florida.
 In January 2022, Renew LLC and Western Dental & Orthodontics announced that they have entered into a strategic partnership to jointly make high-quality implant-supported removable anchored dentures surgical centers in California and Texas.

Get Detailed Insights on Dental Prosthetics Market with a Sample Report PDF @ https://meditechinsights.com/dental-prosthetics-market/

Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com
https://meditechinsights.com/

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.

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