Market Trends of Global Dentures Industry
This section covers the major market trends shaping the Dentures Market according to our research experts:
Complete Dentures Segment is Expected to Hold a Major Share During the Forecast Period.
The complete dentures segment is expected to hold a significant share in the market and do the same over the forecast period.
The rise in the prevalence of edentulism, rise in the elderly population, and rise in technological advancement for the development of complete dentures, among others, are expected to drive this segment's growth.
For instance, according to the study published in the Journal of Family Medicine and Primary Care, titled 'The Epidemiology of Edentulism and the Associated Factors: A literature Review' in April 2020, age is a significant component in edentulism epidemiology; it is apparent that the older age group is the most afflicted and exhibits the physical characteristics that edentulism might cause.
Additionally, the rising geriatric population and an increasing number of dental clinics and practitioners providing large-level dental care services are the other factors driving the growth of this segment. According to the United Nations' World Ageing Population, in 2020, there will be approximately 727 million persons aged 65 years or above globally, and this number is expected to double to 1.5 billion in 2050.
Furthermore, according to the article published in the Journal of Family Medicine and Primary Care, titled 'The Epidemiology of Edentulism and the Associated Factors: A Literature Review' in April 2020, the overall prevalence of edentulism was found to be 16.3% in India and 9% in China. Such a high prevalence of edentulism will lead to increased adoption of complete dentures to alternate teeth, driving this segment growth.
Therefore, owing to the above-mentioned factors, the segment is expected to hold a significant share.
North America Holds a Major Share and Expected to do Same in the Forecast Period
North America holds a major share in the dentures market and is expected to witness the same growth over the forecast period.
The growing burden of dental diseases, the availability of sophisticated healthcare infrastructure, and the increasing adoption of advanced dental treatment procedures are major factors driving the growth of the dentures market in North America. According to the American Cancer Society, in 2022, approximately 54,000 Americans will be diagnosed with oral cavity or oropharyngeal cancer, and nearly 11,230 of these people are estimated to die of oral cancers in the United States.
Additionally, as per the American Dental Association updates from 2020, more than 5 million United States seniors aged 65 to 74 had complete tooth loss, with nearly 3 million suffering from edentulous. Tooth loss, on the other hand, is primarily a problem for the elderly. This is because 91% of adults aged 20 to 64 have dental caries, with a staggering 27% going untreated. Furthermore, tooth decay is a common cause of tooth loss in many cases. Thus, the growing burden of dental disorders is expected to propel the studied market growth in the region.
Furthermore, the technological advancements in intraoral scanners and CAD provide multiple benefits, ranging from safety to improved treatment outcomes. There has been a growing inclination of the American population toward dental CAD, as tooth repair procedures can be completed in less than a day, and no further or repetitive dental appointments may be required. Additionally, in April 2020, Align Technology Inc. completed the acquisition of exocad Global Holdings GmbH, one of the major players in the dentures market. Such acquisitions are expected to rise in the adoption of dentures, driving the market growth in this region.
Furthermore, in November 2021, Exocad launched the ChairsideCAD 3.0, a CAD software designed for chairside, single-visit dentistry in North America. Such software features an enhanced FullDenture module, which helps facilitate the design of removable single-arch dentures in a guided digital workflow. Such product launches are expected to propel the market growth in this region.
Thus, the increasing number of dental problems and technological advancements are expected to increase the growth of the dentures market in North America.
