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Global Dental Prosthetics Market to Grow at a CAGR of 6% During 2021-2026, Aided by the Increasing Prevalence of Dental Diseases

According to a new report by EMR titled, ‘Global Dental Prosthetics Market Report and Forecast 2021-2026’, the market attained a value of USD 4.4 billion in 2020. The industry is further expected to grow at a CAGR of 6% in the forecast period of 2021-2026 to reach a value of USD 7 billion by 2026.

The global dental prosthetics industry is being driven by the growing cosmetic industry, increasing awareness regarding oral care, blooming dental tourism, and rising disposable income. Moreover, the ability of dental prosthesis to improve people’s quality of life is expected to positively impact its demand among consumers. Furthermore, the increasing usage of mini dental implants and the introduction of new and advanced products are expected to be key drivers for the dental prosthetics industry in the near future. Additionally, the prospect of economical dental procedures in developing regions of the world will propel the market growth. And to make this possible, the ease of importing state-of-the-art products and instruments into emerging nations owing to the growing hold of globalisation has played a pivotal role.

Recently, some key industrial developments have shown promising signs to positively impact the market in the forecast period. For instance, in May 2019, Institut Straumann AG (Swiss company with revenue of around USD 1.5 billion in 2018) increased its ownership of French company Anthogyr from 30% to 100%. Anthogyr is a company that designs, produces, and sells premium-quality CAD/CAM and implant solutions. In another case, in September 2019, Zimmer Biomet (NYSE: ZBH), a publicly traded medical device company,  made the announcement of an agreement with Align Technology Inc. regarding the multinational distribution of iTero Element family of intraoral scanners. This deal made it possible for Zimmer Biomet to expand in the digital restorative dentistry industry. Thus, such developments are expected to further aid the market growth in the coming years.

Market Analysis by Type, Material, End Use, and Region:

  • The market on the basis of type can be divided into crowns, bridges, abutments, dentures, and others. 
  • Based on material, the industry can be divided into polymer, metal, ceramic, titanium, zirconium, and others. 
  • By end use, the market is divided into dental hospitals and clinics, dental laboratories, and others.
  • The regional markets for dental prosthetics include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. 

Key Findings of the Report:

  • The increasing prevalence of dental disorders is a key driver for the market.
  • The growing use of CAD/CAM technologies is anticipated to propel the growth of the market.
  • The rising demand for crowns and the increasing awareness regarding oral care are expected to bolster the industry’s growth.
  • The Europe region is expected to provide the market with immense growth opportunities.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for dental prosthetics  for the periods (2016-2020) and (2021-2026). 
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, materials, end uses, and regions of dental prosthetics. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models. 

The major players in the global dental prosthetics market are 3M Co., BioHorizons Inc., Avinent Implant System S.L.U., Danaher Corporation, Institut Straumann AG, and Ivoclar Vivadent AG, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players. 

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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