Dental prosthetics are intraoral prosthesis applied to reconstruct or restore intraoral defects such as missing parts of teeth, missing teeth, and missing hard or soft structures of the jaw and palate. The market for dental prosthetics is segmented as bridges, crowns, veneers, dentures, and others that include inlays, onlays, etc. The dental prosthetics market is expanding at a promising growth rate globally owing to the rising geriatric population, advancement in dental prosthetics, rising edentulous population and rising incidences of dental caries and other periodontal conditions. According to the American Association of Oral and Maxillofacial Surgeons, around 69% of adults aged 35 years to 44 years have lost at least one permanent tooth due to tooth decay, an accident, gum disease or a failed root canal. The rising number of tooth loss cases would subsequently fuel the market for dental prosthetics during the forecast period. Moreover, rising prevalence of lifestyle habits such as smoking, tobacco intake, and dietary irregularities are responsible for the growth in number of oral cancer patients in the world. Hence, high prevalence of oral cancer would increase demand for dental reconstruction, which in turn would propel the growth of dental prosthetics market. However, poor dental coverage and low reimbursement could hamper the growth of market during the forecast period.
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The global dental prosthetics market has been estimated on the basis of types of dental prosthesis such as bridges, crowns, veneers, dentures and other products that include inlays and onlays. The crown segment accounted for the largest market share of the overall dental prosthetics market in 2014 and continues to be the leader during the forecast period. According to American Academy of Implant Dentistry, around 15 million people in the U.S. undergo crowns and bridge replacements for missing teeth every year.
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Geographically, the dental prosthetics market has been categorized into five regions: North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. Europe accounted for the largest market share of the dental prosthetics market followed by North America in 2014. Rising geriatric population, presence of major players and well-structured distribution channel are driving the growth of these regions. Furthermore, the European Commission (Eurostat) has estimated that the geriatric population in Europe would reach 525 million by 2035. The aging population plays an important role in the growth of the market as tooth decay, periodontal disease, and caries become more severe and prevalent with age. Thus, rise in geriatric population would boost the demand for dental prosthetics. Asia Pacific was the third largest market for dental prosthetics, the region is expected to register the fastest CAGR during the forecast period. Large untapped opportunities, improving health care infrastructure, increasing prevalence of oral cancer and other periodontal diseases, expansion of market players, and rising geriatric population in the region would contribute to the market growth.
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Institut Straumann AG, Dentsply International, Inc., Nobel Biocare Holdings AG, Zimmer Biomet Holdings, Inc., Avinent Implant Systems, Ivoclar Vivadent Inc.and Biohorizons, Inc. are the major players operating in the global dental prosthetics market. Most of these players are constantly striving to retain or enhance their market share by developing technologically advanced products.
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