Dentures Market by Type (Complete Denture, Partial Denture), by Usage (Fixed, Removable), by Mode of Dispensing (Dental Hospitals & Clinics, Dental Labs)- Global Outlook & Forecast 2022-2030
According to the deep-dive market assessment study conducted by Growth+ Reports, the Global Dentures market was pegged at ~US$ 2.1 billion in 2021. The market is expected to witness a CAGR of 6.9% from 2022 to 2030.
The rising older population globally has majorly driven the global dentures market. The geriatric population commonly 65 years and above is stricken via means of oral conditions like bone loss, tooth decay, and periodontal diseases due to underlying conditions such as diabetes, coronary heart conditions, etc. The consciousness of aesthetics in the present generation from younger adults to the older population propels the denture market growth. Thus, the accelerated burden of oral diseases and oral cancers worldwide is contributing to the growth of the dentures market. The growing adoption of digitization solutions has improved the decision for one product globally. Nowadays, digital dentures have fabricated the use of 3D printing technology, which comes with benefits in terms of convenience, precision, and durability. Hence, the developmental tendencies in dentistry are expected to ensure market progress.
However, the immoderate rate of manufacturing dentures and materials, refrain the population withinside the middle and low-income nations, to spend on novel techniques. The insubstantial reimbursement for dental devices and techniques and the presence of alternatives for dental restorations avert the market growth.
According to estimates, over 20% of the elderly population, sixty-five and over have lost their natural teeth because of decay or diseases. In addition, one or more teeth are missing in millions of people. As the average life expectancy is developing, the number of people with a lack of teeth is anticipated to rise. Therefore, demand for dental prosthetics such as dentures is likely to develop in the coming years. The baby boomer era will increase the demand for removable dental prosthetics made with precision.
According to the Global Burden of Disease Study, around 3.5 billion people are suffering from oral diseases, with permanent teeth conditions being the most common. This prevalence is due to increasing urbanization and changes in lifestyle in developing nations. Inadequate fluoride exposure, poor access to oral health services, and availability of high-sugar content in food are major factors. Increased consumption of tobacco, alcohol, and areca nut are the leading causes of oral cancer. All these disease-related factors are responsible for boosting the growth of the dentures market.
The technological improvements in the manufacturing of dentures have encouraged patients for their adoption and utilization. The complete or partial dentures made with CAD/CAM provide promising potentialities for denture designing. The automation due to CAD/CAM is a boon for the dental laboratories which lack the infrastructure. The creation of CAD/CAM withinside the automatic designing of dental prosthetics has modified the operation in dental industry.
The excessive cost of producing dentures and materials, the insufficient reimbursements for dental gadgets and procedures, and the presence of options for dental restorations such as implants, overdentures, bridges, etc. hinder the growth of the dentures market.
North America ruled the dentures marketplace and accounted for the biggest sales proportion in the past few years, attributable to the technologically superior healthcare infrastructure, preventive methods toward oral care and hygiene, presence of impartial dental practices, increase in R&D, and growing disposable incomes. According to the U.S. CDC, around 25% of adults have one or extra untreated dental problems. The demand for preventive and restorative dental offerings is anticipated to develop because the number of elderly citizens in the U.S. is expected to boom from around 60 million in 2020 to around 90 million by 2060.
Asia Pacific however is anticipated to observe faster growth owing to the growing disease burden due to poor living conditions, especially in low-income nations, and increased rate of urbanization in middle-income countries.
Some of the prominent players operating the denture market are Dentsply Sirona, Modern Dental Group Limited, GC Dental, Zimmer Biomet, SHOFU Inc., Amann Girrbach AG, Thommen Medical AG, Ivoclar Vivadent AG, Coltene Holding Ag, and Zimmer Biomet Holdings Inc. among others.