The Global Market for Dental Prosthetic & Implant Consumables is Projected to Reach US$6.0 Billion by 2020
Aging Population & Emphasis on Dental Care Drives the
Dental Prosthetic & Implant Consumables Market, According to a New Report
by Global Industry Analysts, Inc.
GIA announces
the release of a comprehensive global report on the Dental Prosthetic &
Implant Consumables. The
global market for Dental Prosthetic & Implant Consumables is projected to
reach US$6.0 billion by 2020, driven by the rising dental procedure volumes,
growing awareness over the importance of dental care and emphasis on aesthetic
dentistry among the aging population.
Dental
prosthetics and implants such as bridges and crowns, abutments and dentures are
used to provide relief to patients suffering from conditions caused by decayed
teeth and missing teeth. The growth in the global market for dental prosthetic and
implant consumables is driven by an aging global population, expanding number
of edentulous people and advancing dental technologies. With about 4%-5% of the
65+ population being edentulous or completely toothless, there is immense
potential for growth in the prosthetics and implants market. Increased emphasis
on cosmetic dentistry in the developing countries owing to consumer affluence,
rising income levels, and the general rise in awareness about oral health bodes
well for market expansion in the coming years.
The market is
also benefiting from advanced technologies such as CAD/CAM, which not only
improve dentistry procedures but also offer patients a wider range of options.
In addition, advances in materials technology such as development of high-end
nanomaterials and ceramics are facilitating significant improvements in the production
of dental prosthetics. Another factor
fueling market growth is the increasing incidence of oral diseases (such as
oral cancer). Also, rising demand for permanent and temporary restorations from
a small yet continuously expanding edentulous population is expected to benefit
market growth. In addition to the people with lost/damaged teeth, growth will
also be driven by patients seeking replacements for existing restorations.
As stated by the
new market research report on Dental Prosthetic & Implant Consumables, the United States represents the largest regional
market worldwide. Rising incidence and increasing severity of caries, tooth
decay and periodontal diseases among the elderly are spurring demand for dental
prosthetic & implant consumables. Prosthetics such as bridges and crowns,
among others, are increasingly being used as substitutes for amalgam fillings
and other types of direct dental restorative procedures, which are found to be
inadequate in repairing larger caries and other dental damages.
Long term
demand for dental prosthetics and implant consumables is expected to come from
emerging countries of Asia-Pacific, Latin America and the Middle East.
Asia-Pacific is poised to record the fastest CAGR of 7.4% over the analysis
period. Low penetration levels of dental services, burgeoning middle class
population, increasing consumer affluence, growing demand for cosmetic
dentistry procedures, and greater access to and availability of dental services
offer huge untapped potential for growth in these regions.
Key players covered
in the report include 3M ESPE AG, Coltène/Whaledent AG, DenMat Holdings LLC,
DENTSPLY International Inc., DMG GmbH, GC Corporation, Heraeus Kulzer GmbH,
Institut Straumann AG, Ivoclar Vivadent AG, Kerr Corporation, Kuraray Noritake
Dental Inc., Nobel Biocare Holding AG, Shofu Inc., and VOCO GmbH, among others.
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