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30-May-2023

Dentures Market is Projected to Witness Huge Growth : To Attain USD 3.2 Billion by 2031, Report

The dentures market was valued at $1.5 billion in 2021, and is estimated to reach $3.2 billion by 2031, growing at a CAGR of 7.8% from 2022 to 2031.

  • CAGR: 7.8% 
  • Current Market Size: USD 3,2 Billion 
  • Forecast Growing Region: APAC 
  • Largest Market: North America 
  • Projection Time: 2021- 2031 
  • Base Year: 2021 

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Drivers

  • The growth of the global dentures market is driven by various factors. Firstly, there is a rise in the prevalence of dental disorders, including dental caries, tooth decay, and dental cracks. These conditions create a greater demand for dentures as a solution for tooth replacement and restoration.
  • Secondly, the increase in the number of geriatric population worldwide contributes to the growth of the dentures market. As individuals age, they are more likely to require dentures due to natural tooth loss or oral health issues.
  • Thirdly, the development of healthcare sectors, including dental care, plays a significant role in the market’s expansion. Advancements in technology for tooth replacement and the availability of innovative approaches for denture manufacturing are driving market growth.
  • Additionally, there is a surge in dental tourism, where individuals travel to different countries to seek affordable dental care. This trend also fuels the demand for dentures as patients seek cost-effective solutions for their dental needs.
  • Furthermore, initiatives taken by governments to develop the healthcare sector and the introduction of new dental products contribute to the upcoming trends in the dentures market.
  • Negligence towards oral hygiene, such as unhealthy diets and smoking, can lead to cavities and tooth decay, further boosting the demand for dentures as individuals seek solutions for their oral health issues.

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Key findings of the study:

•    Depending on type, the complete dentures segment was highest contributor to the dentures industry in 2021.
•    On the basis of usage, removable dentures segment dominated the dentures industry in 2021, and is expected to continue this trend during the forecast period.
•    As per end user, the hospitals segment dominated the market in 2021, and is expected to grow at a CAGR of 8.3%.
•    Based on region, North America generated the largest revenue share in 2021, however, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dentures market analysis from 2021 to 2031 to identify the prevailing dentures market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the dentures market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global dentures market trends, key players, market segments, application areas, and market growth strategies.

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Dentures 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

Type
Complete
Partial

Usage
Removable
Fixed

End User
Dental Clinics
Others
Hospitals

Some of the key players operating in the dentures market include  

  • Amann Girrbach AG
  • Avadent
  • Coltene Holding AG
  • Dentsply Sirona
  • Huge Dental
  • Ivoclar Vivadent AG
  • Mitsui Chemicals
  • Modern Dental Group Limited
  • Shofu Inc.
  • VITA Zahnfabrik H. Rauter GmbH & Co. KG

 

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Editor Details

  • Company:
    • The Wire Times
Last Updated: 30-May-2023