How Will The Dentures Market Grow In 2022?
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The dentures market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!
Read More On The Dentures Market Report 2022 – https://www.thebusinessresearchcompany.com/report/dentures-global-market-report
The Dentures Market Size In 2022 And Forecast
The global dentures market is expected to grow from $2.26 billion in 2021 to $2.52 billion in 2022 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The denture market is expected to grow to $3.32 billion in 2026 at a CAGR of 7.1%.
The denture market consists of sales of dentures by entities (organizations, sole traders, partnerships) that are a removable dental appliance that replaces lost teeth and soft tissues.
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The Rise In The Prevalence Of Periodontal And Edentulism Diseases Is Driving The Growth Of The Dentures Market
For instance, according to the World Health Organization (WHO), as of March 2020, periodontal diseases affected almost 10% of the world population. Moreover, according to the American Academy of Periodontology, in 2021, data obtained from the Centers for Disease Control and Prevention indicates that over 70% of Americans aged 65 years and older have periodontitis. Thus, the high prevalence of periodontal diseases will drive the denture market’s growth.
Competitive Landscape And The Regional Analysis Of The Dentures Market
Major players in the dentures market are Amann Girrbach AG, Coltene Holding AG, Danaher Corporation, Dentsply Sirona Inc, DIO Corporation, Formlabs, GC Dental, Ivoclar Vivadent, Kulzer GmbH, Lang Dental Manufacturing Company Inc., Mitsui chemicals Inc, Modern Dental Group Limited, Shofu Inc, Institut Straumann AG, Vita Zhanfabrik, Zimmer Biomet, 3M Health Care Limited, ALTATEC GmbH, AvaDent Digital Dental Solution, Avinent Implant System, Henry Schein Inc., and Equinox Medical Technologies B.V
Additionally, as per TBRC’s research – North America was the largest region in the dentures market in 2021 holding the largest market share.
The Dentures Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the dentures market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the dentures market.
Introduction Of Advanced Technical Equipments – A Key Trend In The Dentures Market
Advanced technologies such as the introduction of 3D printed digital denture equipment and the introduction of CAD/CAM (Computer-aided designing/Computer-aided manufacturing) improve the production of removable full-arch dentures.
Dentures Market Segmentation By The Business Research Company
1) By Type: Complete Dentures, Partial Dentures
2) By Material: Acrylic Dentures, Ceramic Dentures, Porcelain Dentures, Metal Dentures, Other Materilas
3) By Usage: Fixed, Removable
4) By Manufacturing Process: Conventional Denture, 3D-Printed Denture
5) By End User: Specialized Dental Hospitals, Somatology Departments in General Hospitals, Dental Clinics
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