The dental prosthetic supplies market has been forecast to reach a value of $9.7 billion by 2018, driven by the increasing dental needs of the elderly, rising awareness about dental care and the growing emphasis on aesthetic dentistry.
Dental prosthetics refers to the dental specialty pertaining to the diagnosis, treatment planning, rehabilitation and maintenance of the oral function, comfort, appearance and health of patients with clinical conditions associated with missing or deficient teeth and/or oral and maxillofacial tissues using biocompatible substitutes.
The global market for dental prosthetic supplies, comprising cements, temporary resins, impression materials and waxes used in manufacturing bridges, crowns and dentures, is expected to register steady growth led primarily by the aging global population.
Rising demand for permanent and temporary restorations from a small yet continuously expanding edentulous population presents opportunities for growth. In addition to the people with lost/damaged teeth, growth will also be driven by patients seeking replacements for existing restorations.
Demand for prosthetic supplies declined sharply during the recession due to reduced patient traffic and the subsequent fall in purchases of supplies from dental labs. The elective nature of dental care and lack of adequate insurance coverage for dental procedures contributed significantly to the decline in dental procedures, as patients chose to either defer treatments or opt for low-cost alternatives.
Rising instances and increasing severity of caries, tooth decay and periodontal diseases among the elderly are spurring demand for prosthetic supplies.
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 within the dental prosthetic supplies market is expected to stem from the emerging countries of Asia-Pacific, Latin America and the Middle East. Low penetration of dental services, burgeoning middle class population, increasing consumer affluence, and greater access to and availability of dental services, are factors expected to drive growth in these regions.
For more information on the dental prosthetic supplies market, see the latest research: Dental Prosthetic Supplies Market
Follow us on Twitter @CandMResearch
Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.