New York, USA, Jan. 26, 2023 (GLOBE NEWSWIRE) -- According to a report published by Research Dive, the global dentures market is predicted to generate a revenue of $1,585.70 million and rise at a CAGR of 6.5% during the forecast timeframe from 2021 to 2028.
As per our analyst, with the increasing cases of dental problems, such as caries and tooth loss among millennials all across the globe due to unhealthy food eating habits, the dentures market is predicted to experience significant growth during the analysis period. Besides, the increasing demand for attractive smiles & teeth in the entertainment and cosmetic industry is expected to bolster the growth of the market over the forecast timeframe. Moreover, the continuous development and launch of new products by leading market players are expected to create various growth opportunities for the market throughout the estimated timeframe. However, the high cost of denture implantation may impede the growth of the market during the forecast period.
Download a Comprehensive PDF Sample of Dentures Market
Segments of the Market
The report has divided the dentures market into segments based on product type, product implant, end-user, and region.
Product Type: Complete Dentures Sub-Segment to be Most Profitable
The complete dentures sub-segment is predicted to generate a revenue of $1,113.00 million during the analysis timeframe. This s mainly due to the increasing geriatric population all across the globe. Moreover, the increasing use of complete set dentures not only to replace but also gums is expected to foster the growth of the market sub-segment over the forecast period.
Product Implant: Removable Dentures Sub-Segment to be Most Productive
The removable dentures sub-segment is predicted to garner a revenue of $1,248.30 million throughout the estimated timeframe. This is majorly due to the growing use of removable dentures because of their less invasive property. Moreover, removable dentures are considered to be a cheaper alternative to replace missing teeth is expected to uplift the growth of the dentures market sub-segment during the analysis period.
End-User: Dental Hospitals & Clinics Sub-Segment to be Most Lucrative
The dental hospitals & clinics sub-segment is expected to generate a revenue of $994.1 million during the estimated period. This is mainly because of the increasing number of dental problems all across the globe. Moreover, the growing availability of experienced healthcare professionals in the clinics to perform dental implants is predicted to augment the growth of the market sub-segment over the forecast timeframe.
North America Region to Hold the Maximum Share of the Market
The North America region of the dentures market is expected to garner a revenue of $642.2 million over the analysis timeframe. This is majorly due to the presence of major dentures companies in this region. Moreover, the growing geriatric population and pervasiveness of teeth loss issues in this region are predicted to drive the regional growth of the market during the forecast period.
Schedule a call to the Expert Analyst to get the Latest update on the Dentures Market
Covid-19 Impact on the Dentures Market
The outbreak of the Cvid-19 pandemic has had a negative impact on the dentures market. Due to the spontaneous transmission of coronavirus and the increasing prevalence of serious symptoms of the virus, people have deliberately delayed their regular hospital visits and dental consultations during the pandemic period. Moreover, healthcare professionals have delayed many dental surgeries and restricted many outpatient visits during that period. All these factors have declined the growth of the market during the period of crisis.
Key Players of the Market
The major players of the dentures market include
- Zimmer Biomet Holdings Inc.
- Modern Dental Group Ltd.
- Thommen Medical AG
- Ivoclar Vivadent AG
- GC dental
- Coltene Holding AG
- Amann Girrbach AG
- Dentsply Sirona Inc.
- Straumann Group.
- Avadent Digital Dentures
These players are widely working on the development of new business strategies such as mergers and acquisitions, partnerships and collaborations, and product development to gain a leading position in the global industry.
Triangulate date as per your Format and Definition of Dentures Market
For instance, in September 2021, Dentsply Sirona Inc., a leading American dental equipment manufacturer and dental consumables producer announced its collaboration with Byte, a renowned direct-to-consumer, doctor-directed clear aligner company. With this acquisition, the companies aimed to expand orthopedic care by strengthening their connection with dental professionals and providing quality oral healthcare with clear aligner solutions.
Further, the report also summarizes other crucial aspects including SWOT analysis, the financial performance of the key players, the product portfolio, and the latest strategic development.
More about Dentures Market:
- Everything You Need to Know About Dentures
- The Different Types of Dentures to Suit Your Needs
- Acquisitions Like That of DDS Dentures + Implant Solutions by Affordable Care, LLC to Propel the Growth of the Global Dentures Market
