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Meticulous Research®—a leading global market research company, published a research report titled, “Dental Prosthetics Market Size, Share, Forecast, & Trends Analysis by Product Type (Dental Implants, Crowns, Bridges, Veeners) Material (Metal, Composites, Ceramics) End User (Dental Hospitals & Clinics, Dental Laboratories) – Global Forecast to 2031”. According to this latest publication from Meticulous Research®, the dental prosthetics market is expected to reach $19.6 billion by 2031, at a CAGR of 7.1% from 2024 to 2031.
Rising prevalence of dental diseases, growing trend of cosmetic dentistry, and growing demand for customized dental prosthetics are some of the key factors driving the growth of the dental prosthetics market. In addition, the advancements in CAD/CAM technologies and rising dental tourism provides considerable potential opportunities to market players.
However, the market faces substantial challenges including surgical risk associated with implants and shortage of skilled professionals/dentist. However, the rising adoption of digital dentistry and rising shift towards biocompatible material are prominent trends in the dental prosthetics market.
Key Players:
The key players operating in the global dental prosthetics market are 3M (U.S.), Dentsply Sirona (U.S.), Institut Straumann AG/Straumann Group (Switzerland), SHOFU INC. (Japan), Zimmer Biomet (U.S.), Cheng Crowns (U.S.), Nobel Biocare Services AG (Switzerland), Ivoclar Vivadent (U.S.), Kulzer GmbH (Germany), BEGO GmbH & Co. KG (Germany), Planmeca Oy (Finland), VITA Zahnfabrik (Germany), Candulor AG (Switzerland), and OSSTEM IMPLANT CO., LTD. (Austria).
The global dental prosthetics market is segmented by Type (Dental Implants, Crowns, Bridges, Dentures, Veneers, Abutment, and Inlays & Onlays), by Material (Metal, Ceramics, Composites, Polymers, and Other Materials), by End User (Dental Hospitals and Clinics, Dental Laboratories, Dental Service Organizations (DSO), and Academic Institutes), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at the global and regional levels.
By type, in 2024, the dental implants segment is expected to account for the largest share of 39.5% of the dental prosthetics market. Increasing geriatric population and rising number of oral issues are some of the major factors supporting the largest share of the segment. With the increasing age of people, they start to lose their teeth which creates various challenges for them such as chewing food and speech. This results in growing preference towards dental implant surgeries. For instance, according to the WHO, the global prevalence of complete tooth loss is 7% in people aged 20 years and older and 23% for people aged 60 years and above. Moreover, rising oral issues such as tooth decay and cavity results in increasing patients’ preferences for dental care solutions and treatments. All these factors contribute to the largest share of the segment.
By material, in 2024, the metals segment is expected to account for the largest share of 65.6% of the dental prosthetics market. Metals like titanium, zirconium, gold, silver, nickel, palladium, and chromium are commonly used for dental prosthetics. These are used in the manufacturing of dental crowns, bridges, inlays & onlays, and dental implants. Due to their unwavering benefits, there is an increased preference for metal-based crowns and implants in the market. Moreover, rising prevalence of cavities in the patients due to various addictions and high sugar intake creates the demand for crowns and inlays & onlays in the market. Furthermore, biocompatibility offered by metal in the prosthodontic treatments offers safe and comfortable options to the patients. These benefits contribute to the largest share of metals segment in the dental prosthetics market.
By end user, in 2024, the dental hospitals and clinics segment is expected to account for the largest share of 43.2% of the dental prosthetics market. Availability of dedicated infrastructure and skilled professionals attract patients towards these facilities. Dental hospitals and clinics include dental practices such as root canals, dental implant surgeries, and tooth restoration procedures. These facilities also offer personalized treatments to the patients rather than the multispecialty hospitals which increases the preference of patients while choosing the healthcare facility.
Moreover, key market players’ growing focus towards acquisition of dental clinics contributes to the largest share of the segment. For instance, in May 2023, LYC Healthcare Berhad (Malaysia), a wholly owned subsidiary of LYC Dental & Aesthetic Holdings Sdn Bhd (LYC D&A) (Malaysia), acquired 26 dental clinics. Also, in October 2022, the organization acquired a beauty and wellness center, a medical aesthetic clinic, and three dental clinics.
Geographic Review:
This research report analyzes major geographies and provides a comprehensive analysis of the market in North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa.
By geography, in 2024, North America is expected to account for the largest share of 33.6% of the dental prosthetics market. The growing awareness about oral hygiene and preventive care and presence of key market players in the region are supporting the largest share of the region. 3M (U.S.), Dentsply Sirona (U.S.), Zimmer Biomet (U.S.), Cheng Crowns (U.S.), Ivoclar Vivadent (U.S.), Implant Direct Corporation (U.S.), and Envista Holdings Corporation (U.S.) are the major market players and have strong presence in the region.
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