Due to increasing instances of oral cancer as well as the rising smoking population has led to generate significant demand over the forecasted period. Moreover, the introduction to 3D printing techniques for dental implants, it will further fuel global business growth. Since dental prosthetics is one of the major entities of dentistry. Although prosthetic dentistry is primarily used for replacement of teeth and the respective hard & soft oral tissues, other business segments of dentistry are also very important. The quality of dental prosthetic treatment depends on the technologies and materials used as well as depends on the patients' motivation and dental care. Furthermore, introduction to CAD CAM software & further technological advancements will lead to escalate the demand for a dental prosthesis.
According to AMA, the market for Dental Prosthetics is expected to register a CAGR of 12.79% during the forecast period to 2028.
|High Growth Market||Asia Pacific|
|Unit||Value (USD Million)|
|Key Companies Profiled||Danaher Corporation (United States), Biomet 3i LLC (United States), Institut Straumann AG (Switzerland), Cortex Dental Implants Industries Ltd. (Israel), Dentsply Sirona (United States), MIS Implants Technologies Ltd. (Israel), Zimmer Dental Inc. (United States), BioHorizons IPH, Inc. (United States), Ivoclar Vivadent AG (Liechtenstein), SGS Dental (Hungary) and Avinent Implant System (Spain)|
This growth is primarily driven by Increasing Prevalence of Oral Cancer and Other Oral Infections and Poor Dental Hygiene is prone to serious Oral Infection.
Globally, a noticeable market trend is evident Adoption of 3D Printing in Dental Prosthetics
The Health Care Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Danaher Corporation (United States), Biomet 3i LLC (United States), Institut Straumann AG (Switzerland), Cortex Dental Implants Industries Ltd. (Israel), Dentsply Sirona (United States), MIS Implants Technologies Ltd. (Israel), Zimmer Dental Inc. (United States), BioHorizons IPH, Inc. (United States), Ivoclar Vivadent AG (Liechtenstein), SGS Dental (Hungary) and Avinent Implant System (Spain), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On February 25th, 2019, one of the global leader of medical device manufacturers, Danaher Corporation has entered into a definitive agreement with General Electric Company ("GE") to acquire the Biopharma business of GE Life Sciences ("GE Biopharma") for a cash purchase price of approximately USD 21.4 billion. Given anticipated tax benefits from the transaction structure, the net purchase price is approximately USD 20 billion. This represents a multiple of approximately 17 times expected 2019 EBITDA for GE Biopharma.
According to the United States Food and Drug Administration (FDA), some of the dental prosthetics and appliances manufactured by Dental Laboratories and Dental Practices may be considered Class 2 Medical Devices. This relates in part to the FDA’s existing regulations outlined in Title 21, 510k, and Unique Device Identification (UDI). In addition, Medical Device ISO13485 (International Organization for Standardization) in conjunction with the Global Harmonization Task Force has initiated a voluntary audit report submission; as well as, the National Association of Dental Laboratories (NADL) offering the Dental Appliance Manufacturers Audit System (DAMAS). A common thread among these is their commitment to establish a means of documentation, identification, and traceability to increase the recognition of quality dental prosthetic devices being manufactured for the U.S. and world markets.
Adoption of 3D Printing in Dental Prosthetics and Introduction to Modern Prosthetics with Simple Fixed and Removable Dentures
Market Growth Drivers:
Increasing Prevalence of Oral Cancer and Other Oral Infections and Poor Dental Hygiene is prone to serious Oral Infection
Costly Equipment are required in Dental Prosthesis and Complex and Prolonged Procedure Time
Comparatively Expensive Prosthesis Procedures and Prerequisite of Proper Alveolar Bone Height to Support the Implant Prosthesis
Growing Dental Defects in the Young Age Population and Rising Instances of Uncontrolled Diabetes, Hypertension and Respiratory Diseases might lead to Dental Defects
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Dental Prosthetics Market
- Analysis about New Entrants in Dental Prosthetics Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Dental Prosthetics Study Sheds Light on
The Dental Prosthetics Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Dental Prosthetics industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Dental Prosthetics industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.