Dental implants & prosthetics market. The global dental implants & prosthetics market is expected to reach $10,427.7 Million in 2020 and is poised to grow at a CAGR of 7.2% during the forecast period of 2015 to 2020. Dental implants, also known as endosseous fixtures, are substitutes for missing teeth that are placed into the jaw to support restorations. Dental implats provide a strong foundation and are an ideal option for people who have lost a tooth due to periodontal disease, an injury, or some other reason. Prosthetics dentistry involves the diagnosis and treatment of infected teeth as well as the reconstruction of missing teeth with the use of crowns, bridges, implants, and dentures. Dental implants and prosthetics market offers a more permanent solution than endodontic treatments, mainly due to recent technological advancements such as CAD/CAM dentistry in prosthetics. The global dental implants & prosthetics market is largely driven by the rising incidences of dental caries and other periodontal diseases among the aging baby booming population. Rising disposable incomes, increasing willingness to spend out of the pockets for dental implants, increasing awareness, and the requirement of quality dental care among the people is further expected to help the growth of this market.
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The dental prosthetics market is segmented into crowns and bridges, abutments, and dentures. The market for dental bridges is further subsegmented into 3-unit bridges, 4-unit bridges, Maryland bridges, cantilever bridges, and partial bridges. On type of materials, the dental crowns and bridges market is divided into porcelain-fused-to-metals (PFM), all ceramics, and metal alloys. Dentures are subsegmented into complete and partial dentures, while abutments are further subsegmented into temporary and definitive abutments. The global dental implants & prosthetics market has experienced strong growth over the past few years, and is further expected to grow at a CAGR of 7.2% during the forecast period of 2015 to 2020. The increasing adoption of dental implants due to better aesthetics and their ease of cleaning will help the growth of the dental implants market as opposed to dental prosthetics. The better customization options available in dental implants with the help of CAD/CAM technologies is further expected to drive the adoption of these products.
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The dental implants and prosthetics market has tremendous growth potential mainly due to the increasing demand from developing Asian and South American nations, due to increasing purchasing power and increasing consumer acceptance of advanced dental technologies. Asia-Pacific and Latin America are expected to show the fastest growth geographically, in the coming years. India, China, and Mexico will mainly drive the growth of these regions due to rising dental tourism. Europe, which occupies the major market share, will show sluggish growth in the coming future.
Some of the major players in this market include STRAUMANN (Switzerland), DENTSPLY International (U.S.), Zimmer Holdings (U.S.), Biomet 3i (U.S.), 3M ESPE (U.S.), Danaher Corporation (U.S.), Avinent Implant System (Spain), and OSSTEM IMPLANT Co. Ltd. (South Korea). Amidst increasing competition, acquisitions and new product launches have helped these companies to maintain their market share and grow in this market.
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