Press release
Steady Expansion Forecast for Dental Prosthetics Market, Projected to Reach $14.28 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Dental Prosthetics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The value of the dental prosthetics market has seen remarkable growth lately. This industry is projected to increase from a market size of $8.95 billion in 2024 to $9.83 billion in 2025 with a compound annual growth rate (CAGR) of 9.9%. Factors contributing to this growth during the historical period include heightened spending on dental care, a rise in per-person dental expenditure, a growing interest in dental implants, advances in dental implant technology, industrialization, and an increase in mass production.
Dental Prosthetics Market Size Forecast: What's the Projected Valuation by 2029?
Projections for the dental prosthetics market indicate a significant expansion in the coming years, with an expected growth to $14.28 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 9.8%. Factors contributing to this upward forecast include increased dental insurance cover, a surge in disposable income, the emergence of ceramic alternatives, the increasing price of precious metals, and transforming consumer tastes. Key trends expected to influence the market during the forecast period encompass technological innovations, intelligent prosthetics, less invasive procedures, advanced materials such as high-strength ceramics and IoT, as well as smart devices.
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What Are the Drivers Transforming the Dental Prosthetics Market?
The dental prosthetics market is believed to be experiencing growth due to the heightened interest in cosmetic dental treatments. Cosmetic dentistry, which emphasizes aesthetics over functionality and aims to improve the appearance of teeth and smiles, is seeing increased demand. There is a growing concentration on oral aesthetics, advancements in dental science, a heightened attention to personal looks and self-respect, and the presence of more budget-friendly treatment paths. Dental prosthetics compliment cosmetic dental procedures by rejuvenating the looks and function of teeth, enhancing the overall aesthetics of smiles, and instilling confidence. For instance, data obtained from Dentistry.co.uk in July 2023 revealed that one-third of citizens below 35 years in the UK underwent a cosmetic dental operation in 2022, with an average expenditure of £3,677 ($4,696.3). Notably, 10% of those between ages 25-34 spent £25,000 ($31,930.5) or even more. Consequently, this surge in demand for cosmetic dental procedures is stimulating the expansion of the dental prosthetics market.
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What Long-Term Trends Will Define the Future of the Dental Prosthetics Market?
Leading entities in the dental prosthetics market are gravitating towards the utilization of hybrid ceramic resin for creating dental prosthetics. This shift is brought on by the expanding need for tailored, long-lasting, and effective dental solutions. The hybrid ceramic resin is an amalgam of ceramic and polymer substances, resulting in robust, visually appealing, and high-strength restorations in dental prosthetics. For example, in October 2022, a US firm called SprintRay Inc, known for creating 3D printing ecosystems for dental practitioners, introduced OnX Tough. This revolutionary hybrid ceramic resin has been specifically designed for 3D printing dental prosthetics and brings forth superior resilience, with five times the toughness of prior 3D printing technologies. This leap significantly reduces the chances of breakages, thereby improving the durability. OnX Tough showcases a realistic translucence, closely mirroring natural enamel, and easily integrates into the SprintRay workflow. This aspect ensures that dental practitioners can deliver high-quality restorative solutions in just about 60 minutes.
Which Segments in the Dental Prosthetics Market Offer the Most Profit Potential?
The dental prosthetics market covered in this report is segmented -
1) By Type: Fixed Dental Prosthetics, Removable Dental Prosthetic
2) By Product Type: Abutments, Crowns, Bridges, Dentures, Other Product Types
3) By Material Type: Ceramics, Cement, Composites
4) By End User: Hospitals And Clinics, Dental Laboratory, Other End Users
Subsegments:
1) By Fixed Dental Prosthetics: Dental Crowns, Dental Bridges, Dental Implants, Implant-Supported Dentures, Veneers
2) By Removable Dental Prosthetics: Dentures (Full And Partial), Removable Implant-Supported Prosthetics, Flippers, Temporary Dentures, Removable Partial Dentures (Rpds)
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Which Firms Dominate the Dental Prosthetics Market by Market Share and Revenue in 2025?
Major companies operating in the dental prosthetics market are 3M Company, Henry Schein Inc., Zimmer Biomet Holdings Inc., Dentsply Sirona Inc., Straumann Holding AG, Glidewell Laboratories, Planmeca Oy, Ivoclar Vivadent AG, Osstem Implant Co. Ltd., Merz Dental GmbH, Amann Girrbach AG, SprintRay Inc., Nobel Biocare Services AG, Yamahachi Dental Mfg. Co., BEGO GmbH & Co. KG, Polident D.O.O., CAMLOG Biotechnologies AG, Amt Medical SRL, Dentatus AB, Acero Crowns, Cortex Dental Implants Industries Ltd.
Which Regions Offer the Highest Growth Potential in the Dental Prosthetics Market?
North America was the largest region in the dental prosthetics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental prosthetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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