Transparency Market Research Report Added "Dental Prosthetics Market" to its database.
Albany, NY -- (SBWIRE) -- 03/24/2015 -- The Relationship between Dental Consumables and Dental Prosthetics Market
The global dental prosthetics market will benefit from the expanding dental consumables market. The dental consumables market according to products is segmented into orthodontics, periodontics, dental implants, gloves, brushes, floss, biomaterials, crowns, and bridges. According to a market research firm, the global dental consumables market will demonstrate a modest 7.1% CAGR during the forecast period of 2012 and 2018. The dental prosthetics market encompasses products which include dentures, crowns, bridges, and abutments. The global dental implants and prosthetics market was worth US$6,401.5 million in 2013.
The global prosthetics market though gets support from the expanding dental consumables market; the underlying drivers of the market are the accelerating edentulousness and the increasing rates of oral diseases. Another trend which is contributing to the growth of the global dental prosthetics market is the increasing focus of top players for continuous innovation and consumer satisfaction. With growing disposable incomes and increasing awareness about dental care, the market of dental prosthetics will receive stronger demand.
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Dental Prosthetics Products and Services
Artificial teeth, implants, crowns and bridges, and dentures are the four major product segments in the dental prosthetics market. The growing aging population in the developed economies along with a rising demand for superior aesthetic solutions for edentulousness in developing countries is supporting the demand for dental prosthetics products and services.
One of the prominent trends observed in this market is the introduction of computer aided design and manufacturing or CAD/CAM technology which has dramatically decreased the treatment time. Crowns which are designed using CAD/CAM technology tend to fit better and are cheaper as compared to crowns which are traditionally designed. According to market estimates, approximately 20 percent of all prosthetic elements were created using CAD/CAM technology in the year 2012.
The global dental prosthetics market implants sector according to materials is classified into zirconium and titanium. Moreover, the titanium segment is further analyzed according to the stages and connectors. Crowns and bridges and titanium implants will continue to dominate the market. Especially, the all-ceramics crowns and brides sub-segment in the dental prosthetics market will drive the crowns and bridges sector. The services provided by the global dental prosthetics market include: Prosthesis on dental implants, restoration of missing teeth via removal or fixed dental prosthesis, and teeth restoration.
American and Swiss Players Dominate Dental Prosthetics Industry
The global dental prosthetics and implants market is dominated by companies from the U.S. and Switzerland. These companies are involved in many research and development projects to produce products which are equipped with innovative technology. Some of the major players in the dental prosthetics and implants industry include Nobel Biocare Holdings AG (Switzerland), Straumann (Switzerland), Biomet 3i (U.S.), Zimmer Dental (U.S.), BioHorizons, Inc. (U.S.), 3M Company (U.S.)., Ivoclar Vivadent AG (Principality of Liechtenstein), and Dentsply International (U.S.).
Geography-wise, Europe is the largest market for global dental prosthetics and implants with around 40% of market share. The second largest market in this industry is North America. Factors such as presence of major players in these regions and well-structured distribution channels are driving the growth of these regional markets. Additionally, these markets also benefit from factors such as increasing aging population and out-of-pocket spending.
The future of dental prosthetic market is anticipated to be promising and progressive. However, dental clinics need to prepare well to meet the demand for implant treatment. Currently, the implant techniques are widely received and executed by dentists globally. A continuous growth in the worldwide market for enhanced oral esthetics has led to a large number of dentists performing dental implant surgeries.
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