Dentures Market Trends: An In-Depth Look at the Projected US$ 3.2 Billion Valuation by 2032 | Insights by FMI
The Global dentures market Size is expected to be worth US$ 1.7 billion by the end of 2022, and it will grow at a CAGR of 6.7% to a valuation of around US$ 3.2 billion by 2032. According to a recent Future Market Insights analysis, Complete Dentures will dominate the global market in 2021, with a share of around 76.5%.
For people with partial and edentate dentition, Dentures are a great treatment option. Dentures are medical devices that are custom-made and recommended by dentists and dental clinical specialists to replace oral soft and hard structures. In the UK, about one in five persons wear Dentures, and the prevalence of denture use rises with age, according to an Adult Dental Health Survey. Acrylic (polymethylmethacrylate [PMMA]), metal alloys (cobalt-chromium), and polymers can all be used to make denture bases.
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Changing demographics indicate a rise in life expectancy as well as an increase in the number of elderly people. Age-related population growth has led to an increase in the number of older people who need Dentures. One of the most essential treatment choices in prosthodontics is complete Dentures.
Edentulism is a major public health issue around the world due to its high frequency (>10% in those aged 50 and up) and associated impairment. Simply put, edentulism is the absence of any natural teeth in the oral cavity. According to the World Health Organization (WHO) databanks, severe periodontal disease affects 5% to 20% of the global population. Complete edentulism is believed to occur between 7% and 69% of people worldwide.
The growing ageing population needing Dentures, a changing healthcare structure, as well as growing focus on edentulism, are factors set to provide propulsion towards growth, to the overall global Dentures market, over the forecasted years.
Key Takeaways from Market Study
- Acrylic for Dentures are the leading segment as material, and hold approximately 4%market share in 2021. Partial and full Dentures frequently employ acrylic as their base material. Because Dentures require adjustments over time, the material’s ease of molding makes it an excellent choice for this application.
- Complete denture, segmented by type, holds a market share of around 5%in 2021, as many individuals find complete Dentures to be tolerable in terms of functionality and appearance.
- By usage, removable Dentures account for around 4%of the global market share in 2021, owing to the large volumes of adoption of partial removable Dentures, globally.
- Dental clinics are the top end-user in the worldwide Dentures market, and this trend is anticipated to continue with a projected CAGR of 8%over the forecasted years. This is because dental clinics are the preferred location for treatment adoption in a medical environment.
- North America is considered the leading region with a value share of 8%in 2021, owing to the presence of established dental care facilities in the region.
Market Competition
Through the adoption of 3D printing technology, as well as
CAD/CAM methods, key players are adopting strategies, which will cater to the customized patient demand for Dentures and dental prosthetics. Moreover, with a fragmented market space, the Dentures market comprises of several key and established players, as well as local and regional competitors.
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Key developmental instances include:
- A leading silicon valley-based digital manufacturing business, Carbon, and Dentsply Sirona announced a strategic collaboration to offer innovative denture materials for carbon digital 3D printing manufacturing solutions in January 2019.
- Ivoclar Vivadent established a whole processing chain for the digital fabrication of removable Dentures in August 2020 with the Ivotion Denture System. The system’s core component is the outstanding CAD/CAM disc Ivotion, which enables the production of distinct monolithic prostheses in a single milling operation.
Key Market Segments Covered in Dentures Industry Research
By Material:
- Acrylic
- Metal
- Others
By Type:
- Complete
- Partial
By Usage:
- Removable
- Fixed
By End User:
- Dental Clinics
- Hospitals
- Dental Group Practices
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