Increasing strategies adopted by key market players, such as product launches, is expected to drive the global dental prosthetics market growth. Key market players' adoption of inorganic growth strategies such as partnerships is expected to drive the global dental prosthetics market growth. For example, in June 2021, Dentsply Sirona, a manufacturer of dental goods and technology, announced a strategic agreement with 3Shape, a developer and manufacturer of intraoral scanners, to improve the process of obtaining dental impressions by incorporating 3Shape's intraoral software. This collaboration will enhance digital dentistry and dental prostheses systems. The rising number of product recalls by regulatory bodies such as the United States Food and Drug Administration is expected to stymie market growth.
According to Coherent Market Insights, the global Dental Prosthetics Market is estimated to be valued at US$ 5,863.3 million in 2022 and is expected to exhibit a CAGR of 8.0% during the forecast period (2022-2030).
Leading Companies in the Dental Prosthetic Industry:
Ivoclar Vivadent
Ivoclar Vivadent develops and produces materials and equipment for their customers that are both functional and appealing. It sells dental professional items including preventive care, impression materials, adhesives, luting materials, and endodontics, and also laboratory professional products including alloys, metal-ceramics, removable denture prosthetics, and resin-based veneering. The company was founded in 1923, headquartered in Amherst, U.S.
Merz Dental GmbH
It is Manufacturer and supplier of dental materials and equipment intended for preserving and restoring teeth. The company provides a host of filling materials, cement, bonding systems and veneering materials including surface disinfectants, prophylaxis products, special compounds for disinfecting instruments, molds and hand and skin care products. The company was founded in 1952, headquartered in Germany.