Dental Prosthetics Market to Surpass US$ 8.6 Billion by 2027 - Coherent Market Insights

Global Dental Prosthetics Market, by Product Type (Fixed Dental Prosthetic (Crown, Bridges, Inlays and Onlays, and Composites), and Removable Dental Prosthetic (Dentures, Partial Dentures, Dental Implants, and Veneers), by Material Type (Ceramics, Cements, and Composites (Noble Metals and Base Metals)), by End User (Hospitals & Clinics, Dental Laboratories, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$  4,710.5 million in 2019, and is expected to exhibit a CAGR of 7.8%, over the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.

Increasing focus of manufacturers on the development and launching of innovative dental prosthetics products are expected to drive growth of the global dental prosthetics market. For instance, in January 2016, Promimic, a company developing an implant surface, entered into partnership agreement with Sistema de Implante Nacional (SIN), a provider of dental implants in Brazil, Latin America, and Europe, to launch first dental implant coated with HAnano Surface, an implant surface developed by Promimic. Such innovative products is largely contributing to dental prosthetics market growth.

Browse 35 Market Data Tables and 38 Figures spread through 186 Pages and in-depth TOC on "Global Dental Prosthetics Market, by Product Type (Fixed Dental Prosthetic (Crown, Bridges, Inlays and Onlays, and Composites), and Removable Dental Prosthetic (Dentures, Partial Dentures, Dental Implants, and Veneers), by Material Type (Ceramics, Cements, and Composites (Noble Metals and Base Metals)), by End User (Hospitals & Clinics, Dental Laboratories, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027"

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https://www.coherentmarketinsights.com/market-insight/dental-prosthetics-market-1163

According to the American Academy of Implant Dentistry, in 2015, around 3 million people received 5.5 million dental implants in the U.S. Moreover, according to same source, every year, over 500,000 people receive dental implant in the U.S. Thus, increasing number of dental implantations is expected to offer growth opportunities for the manufacturers engaged in developing dental care product to launch innovative and advanced dental prosthetics in the market. For instance, in March 2015, Global Dental Science (GDS) launched first fully milled denture, AvaDent XCL- Denture, (teeth and base) at the International Dental Show in Cologne, Germany. Furthermore, in May 2017, VITA North America, a provider of natural and esthetic solutions for dentistry launched VITAPAN EXCELL, a new generation denature tooth with natural shape. The VITAPAN EXCELL is constructed with durable MRP (micro-filler-reinforced polymer) composite material. The VITAPAN EXCELL is specifically designed for highly esthetic full, partial, and implant-retained anterior dentures.

Technological advancements such as medical three-dimensional (3D) printing (dental 3D printing) in dental prosthetics is playing important role in dentistry. Dental 3D printing and imaging models are more advantageous and beneficial compared to traditional dental implant products or dental plaster models. Dental 3D printing process is fast and more accurate as compared to traditional methods. Manufacturers are focusing on development of such dental 3D printing models such as crowns, denatures, and other dental prosthesis. For instance, in September 2019, Dentsply Sirona, a manufacturer of professional dental products and technologies, and Carbon, a company focused on innovations in software, hardware, and material science to deliver digital manufacturing solutions, together have launched  Lucitone Digital Print Denture workflow and material system. The new 3D printed workflow includes five core material system products: Lucitone Digital Print 3D Denture Resin, IPN 3D Digital Denture Teeth, Lucitone Digital Try-in 3D Trial Placement Resin, Lucitone Digital Fuse 3-Step system, and Lab Speedcure Processing Unit.

Thus, increasing innovations in product development and rising product launches are expected to drive the growth of the dental prosthetics market over the forecast period.

Key takeaways of the Global Dental Prosthetics Market:

• The global dental prosthetics market is expected to exhibit a CAGR of 8% during the forecast period (2020-2027), owing to increasing initiatives by key players to develop prominent dental prosthetics such as dental implants, denatures, and others.
• Increasing product approvals by regulatory authority is expected to drive the global dental prosthetics market growth. For instance, in May 2016, Adin Dental Implants Systems Ltd. received the U.S. Food and Drug Administration approval for its TOUAREG CloseFit UNP 2.75mmD (Dental Implant). The novel dental implant is indicated for replacing missing masticatory functional units (teeth).
• Major players operating in the global dental prosthetics market include Polident D.O.O., Amt Medical SRL, Ivoclar Vivadent AG, VITA Zahnfabrik H. Rauter GmbH & Co. KG., Dental Manufacturing Spa., Merz Dental GmbH, 3D Diagnostix, gebdi DENTAL-PRODUCTS GmbH, Medical Precision Implants, FSM Dental Medikal Mak. San. Tic. Ltd. Sti., Candulor AG, Yamahachi Dental Mfg., Co., Glidewell Dental Lab, Zimmer Biomet Holdings, Inc., Thommen Medical AG, Institut Straumann AG, and Henry Schein, Inc