INDUSTRY INSIGHTS
The tooth replacement market size to reach USD 14.76 billion by 2023, growing at a CAGR of 6% during the forecast period. The growing popularity and demand for cosmetic and aesthetic dentistry to contribute to the revenues in the global tooth replacement market. These surgeries focus on improving dental and facial appearance through advanced treatments and enhance the aesthetic appeal of patients. Factors such as growing dental tourism across emerging nations, increasing focus on improving aesthetic appeal among patients, rising consumer awareness, and rising disposable incomes of the middle-class population especially in developing countries will create lucrative opportunities for vendors operating in this market. The implementation of 3D technology to design and develop prosthesis and impressions will revolutionize the global market over the next few years. The companies are using strategic and effective marketing tactics to create customer interest among consumers for these treatments and boost revenues in the market. The increasing investments in the R&D for the development of implants will propel the evolution of the global tooth replacement market.
GLOBAL TOOTH REPLACEMENT MARKET SEGMENTATION
This research report includes a detailed segmentation by
- Product
- End-users
- Geography
INSIGHTS BY PRODUCT
Introduction of CAD/CAM technological platforms to boost the growth of dental prosthetics in the global tooth replacement market
The global tooth replacement market by product is segmented into dental prosthetics, dental implants, CAD/CAM systems, imaging and surgical planning, dental abutments, and dental biomaterials. Dental prosthetic segment dominated more than 1/3rd market share in 2017, growing at a CAGR of around 7% during the forecast period. The increasing healthcare awareness, aging population, and rising medical tourism in countries such as India, China, and Malaysia will augment the growth of this segment in the global market. The different types of products available in the market include dental crowns, dentures, and dental bridges. The rapid advancements in the field of restorative dentistry will augment the growth of this segment. The developments in dental implants and CAD/CAM systems will revolutionize the global tooth replacement market. The introduction of guided bone regeneration and usage of various dental biomaterials will lead to the development of the global market over the next few years.
INSIGHTS BY END-USERS
An increasing number of prosthetic implantations to boosts investments in private dental clinics in the global tooth replacement market
The end-user segment in the global tooth replacement market is classified as dental clinics, hospitals, dental laboratories, DSOs, and dental academic & research centers. The dental clinic segment occupied close to half of the market share in 2017, growing at a CAGR of more than 6% during the forecast period. The increasing number of private clinics and solo practices especially in developing and emerging countries will boost the revenues in this segment in the global market. Large clinics are forming strategic partnerships with implant vendors to expand their distribution network and increase sales. The emergence of mobile dental clinics will transform the global tooth replacement market. The clinic chains aim to offer affordable treatment options and provide patient-care at patients' doorsteps. Dental laboratories partner with hospital and clinics to offer high-end digital dentistry technologies such as CAD/CAM, cone beam computed tomography (CBCT), and digital radiography. Such advanced medical devices and medical imaging solutions will result in the evolution of the market. DSOs are independent centers providing high-quality management services in the market. Dental academic & research institutes offer a broad range of research activities and are helping vendors in developing innovative products and devices for dental care in the global market.
INSIGHTS BY GEOGRAPHY
Growing awareness about oral health in Europe to propel the growth in the global tooth replacement market
The global tooth replacement market by geography is categorized into APAC, Europe, North America, Latin America, and MEA. Europe dominated the largest market share in 2017, growing at a CAGR of approximately 6% during the forecast period. The availability of better reimbursement and increasing government expenditure on improving oral healthcare infrastructure is propelling the growth of the European region in the global market. The presence of advanced, highly regulated, sophisticated infrastructure, and evolved with a better reimbursement structure will create lucrative opportunities for vendors in the European market. The increasing adoption of intraoral digital impression procedures and availability of premium products will boost the demand in the European market. The rising government and private funding and the growing adoption of digital dentistry technologies in North America will lead to the evolution of the global tooth replacement market. The increasing edentulous population in countries such as China, Japan, and India will drive the demand for sophisticated services in the APAC region. The growing popularity of medical tourism in countries such as Saudi Arabia, South Africa, and Turkey will boost revenues in the MEA region.
INSIGHTS BY VENDORS
The global tooth replacement market is highly dynamic and diverse with the presence of various global, regional, and local players. The vendors are offering a board range of products and solutions to attract the maximum number of consumers in the global market. Various leading companies are forming strategic partnerships to enhance their existing product and service offerings, serve a broader customer base, and expand their business in new or untapped markets. The players are competing by pricing, innovation, technology, quality, reputation, and customer service/support in the global market. The top vendors are offering new product launches and product enhancements to sustain the intense competition in the global tooth replacement market.
The tooth replacement market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:
Market Segmentation by Product
- Dental Prosthetics
- Dental Crowns
- Dentures
- Dental Bridges
- Dental Implants
- Titanium Dental Implants
- Zirconia Dental Implants
- CAD/CAM Systems
- Imaging and Surgical Planning
- Dental Abutments
- Dental Biomaterials
By End-users
- Dental Clinics
- Hospitals
- Dental Laboratories
- DSOs
- Dental Academic & Research Centers
By Geography
- Europe
- North America
- APAC
- Latin America
- Middle East & Africa