Pune, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Maximize Market Research a leading Information Technology & Telecommunication research firm has published a market intelligence report on the Dentures Market. As per the report, the total market opportunity by 2029 is expected to be USD 4.31 Bn. The total market was valued at USD 2.6 Bn in 2022 and it is expected to grow at a CAGR of 7.5 percent during the forecast period.
| Market Size in 2022 | USD 2.6 Bn. |
| Market Size in 2029 | USD 4.31 Bn. |
| CAGR | 7.5 % (2023-2029) |
| Forecast Period | 2023-2029 |
| Base Year | 2022 |
| Number of Pages | 287 |
| No. of Tables | 117 |
| No. of Charts and Figures | 115 |
| Segment Covered | Type, Usage, and End-User. |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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Dentures Market Report Scope and Research Methodology
The report serves as a valuable resource for stakeholders in the dental industry. The research methodology involves extensive data collection from primary sources like dental professionals and patients, as well as secondary sources like medical journals and market reports. The Dentures Market Report encompasses a thorough analysis of the dentures industry, including market size, growth prospects, and key players. Market trends, regional variations, and consumer preferences are examined using both quantitative and qualitative research techniques. The report assesses factors impacting the market, such as aging demographics and advances in dental technology. Additionally, competitive analysis and market segmentation are utilized to provide a comprehensive overview of the denture market landscape.
Dentures Market Overview
Dentures are nothing but teeth which are false teeth and are replaced with missing teeth. They are made of detachable artificial or prosthetic teeth that are only attached to a supporting structure. The cost of this is less as compared to dental implants or bridges and thus it provides a cost-effective method. Four types are available such as complete, Partial, immediate, and Implant-retained dentures. Usage of this type depends on the teeth that are missing, complete dentures are used when all of the teeth are missing, and partial dentures are used when some natural teeth remain intact.
Dentures Market Dynamics
The increasing adoption of digitization solutions powering the global demand for the products. The population elderly generation is increasing and this generation of people are suffering from dental issues, for example, root canals, dry mouth, loss of teeth, etc. While the younger generation is giving importance to physical beauty has increased the demand for dental repair operations. However, one of the primary aspects that help to grow the demand for the dentures market during the forecast period. Major corporations are concentrating on development of the dental implants through digital dentistry. Also, the industry is driven by improvements in healthcare technology, an increase in public awareness of dental aesthetics, and a rise in dental tourism creating a denture market opportunity in the future. The advancements in healthcare technology increase public awareness of dental aesthetics, and an increase in dental tourism creates future denture market opportunities.
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Dentures Market Regional Insights
Europe region dominated the market in the year 2022 with a market value of USD 0.85 billion. This region is expected to continue its dominance during the forecast period. The growing awareness of dental services and product types in the region is powering the segment's growth during the forecast period. North America is expected to be the second largest market after Europe as North America has a well-established health infrastructure and rising healthcare costs. The Dentures market in Asia-Pacific is expected to rise the fastest CAGR due to increased population, awareness among the people, and knowledge about the various benefits connected. The growing elderly population, higher prevalence of periodontal diseases, increased consumption of dental services, and increased disposable income are expected to drive the Asia Pacific market.
Dentures Market Segmentation
By Type
- Complete
- Partial
By Usage
- Removable
- Fixed
The removable segment dominated the market in the year 2022 owing to the economic benefits of removable versus fixed dentures, which caused a superior patient preference for these types. The presence of the baby boomer cohort books for a good-sized portion of the global population. The fixed segment is expected to increase at an extensive CAGR during the forecast period. The rise of the segment is mostly attributable to the augmented approval of fixed products due to the numerous constraints associated with detachable ones. Permanent dentures provide a natural entrance, preserve facial structure, and prevent future bone loss from missing teeth.
By End-User
- Dental Hospital & Clinics
- Dental Laboratories
- Others
The Denture market segments are separated into dental laboratories, dental hospitals and clinics, and others. The global market growth is led by the United States and Europe where a higher number of procedures are performed. The domination of dental hospitals and clinics has augmented to a market share of 55% in the year 2022 and is expected to dominate the market during the forecast period. The dental laboratories segment is expected to reach a higher CAGR during the forecast as the adoption of dental technologies is increasing, including 3D printing in dental laboratories to manufacture modified products and designs.
Dentures Market Key Competitors include:
- Lang Dental Manufacturing Company, Inc (U.S.)
- Dentsply Sirona (U.S.)
- Zimmer Biomet (U.S.)
- Avadent (U.S.)
- VITA Zahnfabrik (Germany)
- Kulzer GmbH (Mitsui Chemicals, Inc.) (Germany)
- COLTENE Holding AG (Switzerland)
- IvoclarVivadent AG (Liechtenstein)
- Thommen Medical AG (Switzerland)
- Amann Girrbach AG (Switzerland)
- SHOFU INC. (Japan)
- Mitsui chemicals Inc (Japan)
- GC dental (Japan)
- DIO Corporation (Japan)
- Modern Dental Group Limited (Hong Kong)
- Huge Dental (China)
- JH Dental Care (China)
- Global Dental Science (India)
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Key questions answered in the Dentures Market are:
- What is the expected CAGR of the Dentures Market during the forecast period?
- What was the Dentures Market Size in 2022?
- What is the expected Dentures Market size in 2029?
- What are the global trends in the Dentures Market?
- What are the upcoming industry applications and trends for the Dentures Market?
- What recent industry trends can be implemented to generate additional revenue streams for the Dentures Market?
- What growth strategies are the players considering to increase their presence in the Dentures Market?
- What major challenges could the Dentures Market face in the future?
- Who held the largest market share in the Dentures Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2022)
- Past Pricing and price curve by region (2017 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by Type, Usage, End-User and Stakeholders.
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading healthcare research firm, has also published the following reports:
Dental CAD/CAM Market- The market size is expected to reach USD 5.05 billion by 2029 at a CAGR of 9.1 percent during the forecast period. The North American dominated the Dental CAD/CAM Market and is expected to dominate the global market during the forecast period.
Dental Market- The market size is expected to reach USD 63.93 billion by 2029 at a CAGR of 7.4 percent during the forecast period. North America's dental market is dominated by countries such as the US and Canada which are significant market contributors due to their aging populations and favourable reimbursement policies.
Dental Software Market- The market size is expected to reach USD 7474.03 Million by 2029 at a CAGR of 10.65 percent during the forecast period. North America led the dental software market in the year 2022 with the highest revenue share.
Dental Surgical Diagnostic Devices market- The market size is expected to reach USD 13.04 Bn by 2029 at a CAGR of 8.6 percent during the forecast period. The North America Dental Surgical Diagnostic Devices market is expected to rise at a CAGR of 9.2% during the forecast period.
Dental Tourism Market- The market size is expected to reach USD 16.64 Bn by 2029 at a CAGR of 13.6 percent during the forecast period. The Asia-Pacific region is expected to dominate the market and hold the largest growth rate in the forecast period.
About Maximize Market Research:
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