The global “Dentures Market” is prophesied to reach USD 3.38 Billion by 2028
The global ”Dentures Market” is expected to rise remarkably on account of the increasing prevalence of dental issues and periodontal diseases world wide. Dentures are customized artificial teeth gums that are replaced with lost or removed teeth. They are shaped accordingly as per the oral structure of the patient. As per a recently published report by Fortune Business Insights™ titled, “Dentures Market Size, Share & Industry Analysis, By Type (Complete and Partial), By Usage (Removable and Fixed), By End User (Dental Hospitals & Clinics, Dental Laboratories, and Others), and Regional Forecast, 2021-2028,”the market stood at USD 2.19 billion in 2021 and is anticipated to reach USD 3.38 billion by 2028 by exhibiting a CAGR of 6.4% between 2021 and 2028.
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Rising Cases of Oral Health Issues Will Add Impetus to Market
Various factors are responsible for dentures market growth. These include a rise in geriatric population, increasing number of dental procedures, the presence of baby boomer population, and arise in the prevalence of periodontal and edentulism diseases. Besides this, the rising utilization of dental services, further attributed to the increasing number of dental specialists will also aid in the expansion of the market in the coming years.
On the contrary, there is a decline in the edentulous population in most of the high-income nations on account of the rising awareness about oral health. Additionally, there are limited options available for dental treatment in the middle and low-income nations, which may further hamper the overall market growth in the coming years.
Major Dentures Market Key players covered in the report include:
- Ivoclar Vivadent AG (Schaan)
- GC Dental (Japan)
- Kulzer GmbH (Mitsui Chemicals, Inc.) (Germany)
- Modern Dental Group Limited (China)
- COLTENE Group (Switzerland)
- Dentsply Sirona (US)
- SHOFU Dental GmbH (Germany)
- Global Dental Science (US)
- Zimmer Biomet (US)
- VITA Zahnfabrik (Germany)
- Other Players
Regional Segmentation :
Europe Emerged Dominant with Highest Number of Edentulous Population
Geographically, Europe earned the largest dentures market share with a revenue of USD 878.4 million in 2019. This is attributed to the increasing prevalence of dental caries and the growing presence of the edentulous population. In addition to this, a rise in the expenditure on dental procedures and the rising number of dentists are also contributing to the growth of the regional market. Besides this, the market in North America will rise significantly owing to the presence of the baby boomer population and a rise in the average life expectancy. Additionally, the increasing adoption of dentures and amplified expenditure on dental procedures with the presence of superior dental services in the region will help it gather remarkable revenue in the forthcoming years.
Table Of Content:
1.1. Moreover, Research Scope
1.2. Moreover, Market Segmentation
1.3. Moreover, Research Methodology
1.4. Moreover, Definitions and Assumptions
3.1. Moreover, Market Drivers
3.2. Moreover, Market Restraints
3.3. Moreover, Market Opportunities
Moreover, Key Insights
4.1. Key Industry Developments – Moreover, Merger, Acquisitions, and Partnerships
4.2. Porter’s Five Forces Moreover, Analysis
4.3. Moreover, SWOT Analysis
4.4. Moreover, Technological Developments
4.5. Moreover, Value Chain Analysis
4.6. Moreover, Impact of COVID-19 on Bicycle Market
Global Bicycle Market Analysis, Moreover, Insights and Forecast, 2017-2028
5.1. Key Findings / Moreover, Summary
Competitive Landscape :
Geographical Expansion – Key Objective of Players
Major players operating in this market are engaging in the adoption of new technology and approaches for attracting their consumers in the forthcoming years. A majority of patients obtain their dentures from local labs that offer dental models for the customization of their dentures. Such initiatives will help these players gaina competitive edge in the market. Additionally, companies are engaging in mergers and acquisitions, contracts and agreements, joint ventures, and other collaborative efforts to maintain their mark in the competition. Furthermore, they are focusing on geographical expansion to exhibit immense growth and revenue generation in the forecast duration.