Denture market expected to generate $3.2 billion by 2031, according to Allied Market Research

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The alarming increase in the prevalence of dental diseases and conditions such as gum disease, cavities, cracked teeth, periodontal disease and dental pulp resulting in tooth loss, and the increase in demand for partial dentures or complete are driving the global dental prosthetics market. Based on region, Europe held the largest share in 2021, contributing nearly two-fifths of the global dental prosthetics market share.

/EIN News/ — Portland, OR, Nov. 16, 2022 (GLOBE NEWSWIRE) — According to the report released by Allied Market Research, the global dental prosthesis market raised $1.5 billion in 2021 and is expected to generate $3.2 billion by 2031, growing at a CAGR of 7.8% from 2022 to 2031. The report provides an in-depth analysis of the changing dynamics of the market, major segments, value chain, competitive scenario and regional landscape. . This research offers valuable guidance for key players, investors, shareholders, and startups to design sustainable growth strategies and gain competitive advantage in the market.

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Report coverage and details:

Report cover Details
Forecast period 2022–2031
Year of reference 2021
Market size in 2021 $1.5 billion
Market size in 2031 $3.2 billion
CAGR 7.8%
Number of pages in the report 238
Segments Covered Type, Usage, End User and Region.
Drivers Increase in the geriatric population
Alarming increase in the prevalence of dental diseases and conditions such as gum disease, cavities, cracked teeth, periodontal disease and dental pulp resulting in tooth loss
Increase in demand for partial or complete dentures
Opportunities Rising health spending and infrastructure development
Constraints High price and no refund

Covid-19 scenario:

  • The outbreak of the COVID-19 pandemic has negatively impacted the growth of the global dental prosthetics market, owing to the disruptions in the healthcare industry.
  • The COVID-19 pandemic has strained health systems around the world. A large number of clinics and hospitals around the world have been restructured to increase hospital capacity for patients diagnosed with COVID-19.
  • According to data published in Oral Health, in February 2021, it was reported that there was a drop in income and dental practice was also affected by 46% during the pandemic.
  • However, this is expected to be a temporary dip and the market is expected to resume growth soon in the future.

The research provides detailed segmentation of the global dental prostheses market based on type, usage, end-user, and region. The report discusses the segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize based on the most revenue-generating and fastest-growing segments mentioned in the report.

Based on type, the comprehensive segment held the highest share in 2021, accounting for about three quarters of the global dental prosthetics market, and is expected to maintain its leading status during the forecast period. Moreover, the same segment is expected to register the highest CAGR of 8.0% from 2022 to 2031.

Based on usage, the removable segment accounted for the highest share in 2021, contributing approximately three-fifths of the global dental prosthetics market, and is expected to maintain its revenue lead over the forecast period. However, the fixed segment is expected to show the highest CAGR of 8.2% from 2022 to 2031.

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On the basis of end-user, the hospital segment accounted for the highest share in 2021, holding almost three-fifths of the global dental prosthetics market, and is expected to maintain its leading status during the forecast period. Moreover, the same segment is expected to grow at the highest CAGR of 8.3% during the forecast period.

Based on region, Europe held the largest share in 2021, contributing nearly two-fifths of the global dental prosthetics market share, and is expected to maintain its dominant share in terms of revenue in 2031. share, the Asia-Pacific region is expected to register the fastest CAGR of 9.3% during the forecast period. The research also analyzes regions such as North America and LAMEA.

Key players of the global dental prosthesis market analyzed in the research include Amann Girrbach AG, Avadent, Coltene Holding AG, Dentsply Sirona, Huge Dental, Ivoclar Vivadent AG, Mitsui Chemicals, Modern Dental Group Limited, Shofu Inc., VITA Zahnfabrik H. Rauter GmbH & Co. KG.

The report provides a detailed analysis of these key players of the global dental prostheses market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements and others to increase their market share and maintain dominant shares in different regions. The report is valuable for highlighting the business performance, operating segments, product portfolio, and strategic moves of market players to present the competitive scenario.

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“We have also published some syndicated market studies in the same field that you may be interested in. Below is the title of the report for your referenceconsidering the impact of Covid-19 on this market which will help you to assess the aftereffects of the pandemic on the short and long term growth trends of this market.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers its services in 11 industry verticals, including Life sciencesconsumer goods, materials and chemicals, construction and manufacturing, food and beverages, energy and electricity, semiconductors and electronics, automotive and transport, ICT and media, aerospace and defense and BFSI.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the company to maintain high quality data and help clients in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

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