Global Dental Prosthetics Market Research Report 2020 Analysis and Forecast to 2023

 Global Dental Prosthetics Market

Overview

The Global Dental Prosthetics Market is expected to register a CAGR of 5.5% and is anticipated to reach USD 5659.4 Million by 2023. Dental prosthetics are mostly in use for the improvement of damaged or deficient teeth. It improves functions as well as the appearance of teeth. It also deals with the permanent or temporary replacement of missing teeth. Dental adhesives or screws are used to fix the dental prosthesis to teeth or dental implant.

The increasing number of dental caries, increasing per capita disposable incomes in emerging markets, rising dental tourism, and growing cosmetic dentistry treatments are the major drivers propelling market growth. However, the cost of dental procedures, the grey market of dental prosthetics, and slow adoption of new technology may hinder the growth of the market.

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Market Dynamics

Dental caries is not only prevalent in children but also adults. About 1.8 million dentists are working around the world, and over 93% of WHO member states report having less than one dentist per 1000 population. 60%-90% of the children are facing dental problems, and the majority are from developed countries. Due to changing eating habits and increasing consumption of junk food and sugar are leading to an increase in several dental patients. Additionally, rising per capita disposable incomes in emerging markets, rising dental tourism, and increasing cosmetic dentistry treatments are driving the market growth. On the other hand, the cost of dental procedures, the grey market of dental prosthetics, and slow adoption of new technology are anticipated to hamper the market growth.

Segmentation

The global dental prosthetics market has been segmented into type, diagnosis & treatment, and end user. By type, the market has been divided into denture, crown, bridges, veneer, abutment, and inlays. The global dental prosthetics market, by type of material, has been segregated into porcelain-fused-to-metal (PFM), metal, all-ceramic, and others. By end user, the market has been divided into hospitals and clinics and dental research laboratories. The hospitals and clinics segment accounted for a market value of USD 3133.8 million in 2016.  

Key Players

The prominent players in the global dental prosthetics market are Henry Schein, Inc. (US), DENTSPLY Sirona (US), 3M (US), Institut Straumann AG (Switzerland), Zimmer Biomet (US), Nobel Biocare (Switzerland), Ivoclar Vivadent AG (Liechtenstein), Osstem Implant (South Korea), Planmeca OY (Finland), and CAMLOG Biotechnologies AG (Switzerland).

Some of the key strategies followed by the players operating in the global dental prosthetics market were innovation, product development, acquisition, and expansion.

Regional Analysis

The global dental prosthetics market, based on region, is divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is estimated to dominate the global dental prosthetics market during the forecast period. This is attributed to increasing incidences of periodontal diseases and the rising consumption of junk foods. The European market for dental prosthetics is expected to be the second-largest during the forecast period. The increasing geriatric population, which is a crucial target demographic, is expected to boost the growth of the market in this region.     

Asia-Pacific is estimated to be the fastest-growing market due to rising healthcare spending by governments across developing countries and medical tourism. Moreover, a large pool of the patient population, untapped markets, and favorable government policies are likely to provide good opportunities for market players in this region. Moreover, in the Asia-Pacific region, Australia accounted for a market share of 26.8% in 2016. Furthermore, the market in the Middle East & Africa is expected to witness steady growth due to limited access and healthcare affordability among the developing population.

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Detail Study on Bone Graft Substitute Market is Projected to Grow Magnificent CAGR till 2023

 Market Scenario:

The increasing incidence of oral diseases such as, dental caries and periodontal diseases, growing ageing population, and growing medical tourism in developing countries are expected to drive the growth of market. Dental tourism is increasing because dental patients mostly from a developed country are getting attracted towards other developing countries. Dental patients prefer to travel to the countries because these countries are providing cost effective and high-quality treatment. Mostly, the treatments in the dental tourism centers around the demand for dental implants. Countries like Hungary, India, South Korea and Turkey are increasingly gaining popularity in the area of dental tourism for their low cost and effective oral health treatment. On other hand, lack of proper reimbursement and stringent regulations can restrain the market growth over the assessment period. Moreover, increasing burden of oral diseases drive the growth of the market. According to Centers for Disease Control and Prevention (CDC), about 64.7 million Americans were suffered with periodontal disease.

Global dental bone graft substitutes market expected to lead industry growth significantly over the forecast period. It is anticipated that the market held value of USD 461.3 million in 2017 and is projected to grow at a CAGR of 9.4% over the forecast period.

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Global Dental Bone Graft Substitutes, by Key Players

• Biohorizons Iph, Inc. (US)
• Geistlich Pharma AG (Switzerland)
• Dentsply Sirona (US)
• Institut Straumann AG (Switzerland)
• Medtronic Plc (US)
• Zimmer Biomet Dental (US)
• Dentium (South Korea)
• LifeNet Health (US)
• Orthogen, LLC (US)

 

Segmentation

The global dental bone graft substitutes market has been segmented into type, application, and end user.

Based on type, dental bone graft substitutes market is segmented into allograft, xenograft, alloplast, and others.

Based on application, dental bone graft substitutes market is segmented into ridge augmentation, sinus lift, socket preservation, periodontal defect, and implant bone regeneration.

Based on end user, dental bone graft substitutes market is segmented into dental clinics, hospitals, and others. The dental clinics segment is expected to account for the largest share segment of the market in 2017.

The dental bone graft substitutes market segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The dental bone graft substitutes market in the Americas further segmented into North America and South America, with the North American market divided into the US and Canada.

The European dental bone graft substitutes market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

The dental bone graft substitutes market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The dental bone graft substitutes market in the Middle East & Africa segmented into the Middle East and Africa.

Regional Summary

Geographically, the Europe is expected to dominate the global dental bone graft substitutes market owing to the presence of well-established players, increasing incidence of oral diseases namely, dental caries and periodontal diseases, and growing ageing population. The Americas including US Dental Bone Graft Substitutes Market is expected to hold the second largest position in the global dental bone graft substitutes market. Asia-Pacific is expected to be the fastest growing market owing to growing medical tourism in developing countries and growing ageing population. Furthermore, the Middle East and Africa region is expected to account for the least market share in the global dental bone graft substitutes market.

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Malocclusion Market to Perceive Momentous Accruals with a hefty CAGR By 2023

 Market Scenario

Malocclusion refers to the misalignment of teeth that can lead to serious oral health complications. Malocclusion is commonly hereditary, but it can also occur due to other reasons i.e. childhood habits such as thumb sucking, pacifier use beyond age 3, extra teeth or lost teeth, ill-fitting dental fillings, and jaw tumors. There are three major manifestations of malocclusion i.e. Class 1, Class 2, and Class 3. Class 1 malocclusion is the most common among all types. Treatment for malocclusion depends upon the severity of the condition. Treatment of malocclusion generally includes removal of teeth to correct overcrowding, braces to correct the position of the teeth, wires or plates to stabilize the jaw bone, reshaping, bonding, or capping of teeth, and surgery to reshape or shorten the jaw.

It is noted that rising prevalence of malocclusion is the key factors driving the malocclusion market. According to a study published in International Journal of Environmental Research and Public Health in 2017, it was found that prevalence of malocclusion in Shanghai is 83.9%. It is also reported that the prevalence of deep overbite was the highest in children with malocclusion i.e. 63.7%. 

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Improvement in reimbursement scenario, and the rising trend of cosmetic dentistry are also fuelling the market growth. The techniques used for the repairing various irregularities such as discoloration, chipped teeth, and misshapen teeth or missing teeth are greatly impacting the growth of the market.

However, lack of technological awareness, and slow adoption rate in low-income countries may strongly hinder the growth of the market

The global malocclusion market is expected to grow at a CAGR of 7.0% during the forecast period 2017-2023.

Intended Audience

• Medical Devices Companies
• Hospitals & Clinics
• Diagnostic Centers
• Research and Development (R&D) Companies
• Government Research Institute
• Academic Institutes and Universities 

Segmentation

The global malocclusion market is segmented on the basis of class, treatment, and end user.

On the basis of the class, the market is classified into class I, class II, and class III.

On the basis of the treatment, the market is segmented into orthodontic braces, surgery, and others. The orthodontic braces segment is further sub-segmented into metal braces, ceramic braces, clear aligner, and others.

On the basis of the end-users, the market is segmented into hospital, clinics, dental clinics, and others.

Key Findings

• The global malocclusion market is expected to reach USD 27,720.8 million by 2023 at a CAGR of 7.0%
• On the basis of the class, Class I malocclusion is expected to command the largest market share of 41.7% over the review period and it is also expected to grow at the fastest CAGR of 7.2% during the forecast period 2017-2023
• On the basis of the treatment, orthodontic braces segment is expected to command the largest market share of 65.5% over the review period and it is also expected to grow at the fastest CAGR of 7.3% during the forecast period 2017-2023
• The Americas hold the largest share of the global malocclusion market and is expected to reach USD 11,098.3 million by 2023
• Asia Pacific is the fastest growing market, which is expected to grow at a CAGR of 7.3% over the 2017-2023

 

Regional Analysis

The Americas dominate the malocclusion market owing to improvements in reimbursement scenario, high healthcare expenditure, and the presence of leading players in the region. According to the American Dental Association, in the United States, Maryland, Utah, Arkansas, and Massachusetts have the highest Medicaid FFS reimbursement rates i.e. 79.3%, 75.3%, 75.2%, and 74.1% respectively, whereas, Wisconsin, California, Washington, Maine, and Iowa have the lowest coverage relative to private dental insurance reimbursement rates.

Europe holds the second position in the malocclusion market. It is expected that the support provided by the government bodies for research & development, increasing healthcare expenditure, and rising prevalence of malocclusion are propelling the growth of the malocclusion market in European region. According to the data suggested by Eurostat, it is observed that among the EU Member States, the highest value of healthcare expenditure was recorded in Germany in 2014 i.e. EUR 321 billion which is further followed by France with EUR 237 billion, and the United Kingdom with EUR 223 billion.

Asia Pacific region is projected to be the fastest growing region during the forecast period. Rapidly improving technology and the presence of huge patient pool drive the growth of this market in Asia Pacific region.

The Middle East and Africa hold the least share of the malocclusion market owing to the presence of poor and slow developing countries, especially, in African region.

Key Players

Some of key the players in the malocclusion market are 3M, A-dec Inc., Adenta GmbH, Align Technology, Inc, American Orthodontics, Biolase, Inc., Carestream Health, Inc., Danaher, DENTAURUM GmbH & Co. KG, Dentsply Sirona, G&H Orthodontics, Henry Schein, Inc., Midmark Corp., Patterson Companies, Inc., Planmeca OY, Rocky Mountain Orthodontics, Septodont Holding, TP Orthodontics, Inc, Ultradent Products Inc., Zimmer Dental Inc., and others.

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Dental Software Market to Perceive Momentous Accruals with a hefty CAGR By 2023

 Dental Software Market Analysis

The global dental software market can reach a valuation of USD 4,185.5 billion by 2027. It is predicted to expand at a CAGR of 8% over the forecast period. Technological advances in dental imaging and the large geriatric populace are two of the biggest drivers of the market. According to the UNFPA, the geriatric population can reach a number of 1.3 billion by 2050. In addition, their low immunity makes them vulnerable to oral health diseases.

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Rise of dental surgeries, adoption of digital dental radiography systems, and advances in dental equipment can fuel the demand for dental software. Moreover, the large number of dentists and dental clinics can drive the demand for software for tracking appointments and providing prime customer service. Efficiencies in dental operations and use of intraoral cameras to gain accurate images of the mouth can bode well for the market.

High prices of digital dental system and complexities in the operation of the system can impede the market growth.

Dental Software Market Segmentation

The global dental software market has been segmented into type, application, and deployment.

Based on type, the market has been segmented into patient education software, practice management software, treatment planning software, patient communication software, and dental imaging software.

Major applications of the market are clinical application and administrative.

Based on deployment, the market is divided into on-premise model and web-based/cloud-based model.

Dental Software Market Regional Analysis

Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA) are regions taken into consideration with respect to the global dental software market.

The Americas held the largest market share owing to government support in assisting the dental industry in thriving. The U.S. held a share of 88% in North America in 2015. Large numbers of orthodontists and dental clinics can create demand for dental software.

Europe can showcase substantial growth in the market owing to awareness of the benefits of oral health and various options for cosmetic dentistry. APAC, on the other hand, can grow at a rapid pace owing to a plethora of opportunities for dental software in countries such as Japan and others.

Dental Software Market Competition Outlook

Planmeca oy, Datacon Dental Systems, Open Dental Software Inc., Ace Dental Software, Sirona Dental Systems, Inc., Dentimax LLC, Abeldent Inc., Carestream Health, Inc., Consult-pro, Henry Schein, Inc., Medicloud, Patterson Dental, Dexis, LLC, Imageworks Corporation, and Gendex Dental System are key players of the global dental software market.

Dental Software Industry News

A new software has been developed for the easy detection of the mandibular canal, a canal located in both sides of the jaw. Artificial intelligence has been integrated into the software for easy detection by scientists at the Finnish Center for Artificial Intelligence and Alan Turing Institute by training the software to recognize it by feeding 3D cone beam CT data scans.

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Future Growth of Dental Implants Market is expected to Grow Healthy CAGR till 2023

 Dental Implants Market Overview: 

The global dental implants market, as discussed by the top analysts of Market Research Future (MRFR), is expected to score a valuation of more than USD 6229.8 million by 2023. The global CAGR for the market would 4.6% during the forecast period of 2017 to 2023. 

MRFR revealed several factors that can boost the dental implants market growth. One major reason that will back the prospect of the market is the emergence of various developing countries as a medical tourism hub. In Eastern Europe, Hungary is evolving as a dental tourism hub and fetches substantial revenues. The impact of the inclusion of 3D technologies to print various components is getting ample backing from several companies. Hike in disposable income is also helping people to go for dental implants, and their reliance on the latest technologies is growing. These will lead the global market in the coming days.  

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On the other hand, the costs are often too high, which can restrain the market from having a smooth growth.  

Dental Implants Market Segmentation: 

The global dental implants market, as per the discussion of MRFR, has been segmented on the basis of procedure, type of material, and end user. This segmentation allows a closer look at various factors that can impact the market outcome. Also, demographic challenges have been assessed to get insights regarding the market.  

By type of material, the study of the global dental implants market has been segmented into titanium and zirconium. The zirconium segment is getting good traction. 

By procedure, the report on the global dental implants market has been segmented into plate-form dental implants and root-form dental implants. Both these forms have their specific usage owing to which their contributions are becoming notable. 

By end-user, the study of the dental implants market includes hospitals & clinics, and dental research laboratories. The hospitals & clinics segment is leading the global market, and it had a market share of USD 4,013.80 million in 2016. This is primarily due to the infrastructural benefit and direct demand from patients. 

Dental Implants Market Regional Analysis: 

North America has the upper hand in the market in terms of its advanced technologies and better investment capacity for both treatment and for research and development projects. Europe has the backing of its medical tourism hubs like Hungary that will boost the growth of the market other than its superlative technologies and better infrastructure. In Asia Pacific, the market has good chances for growth.  

Dental Implants Market Competitive Analysis: 

The global market for dental implants is expected to receive a boost from various companies like Bicon, LLC (US), 3M (US), BEGO GmbH & Co. KG (Germany), Implants Diffusion International (France), Camlog Biotechnologies AG (Switzerland), Dentsply Sirona (US), Danaher Corporation (Switzerland), Institut Straumann AG (Switzerland), Sweden & Martina SpA (Italy), Osstem Implant Co., Ltd (South Korea), and Zimmer Biomet (US). These companies are using methods like mergers, acquisitions, collaborations, spurring investments for research and development, improved marketing strategies, launching of new products, and others as measures for their tactical growth. MRFR recorded the latest changes and steps to make the evolution of a company pertinent to understand the flow that the market is expected to produce.  

Dental Implants Industry News: 

The global dental implants market is getting a hit from the rising cases of COVID-19. This is happening mostly because of lockdowns all around. As a standard measure, social distancing has become the new norm. This is why people are now refraining from visiting a doctor, owing to which treatment procedures are lacking the thrust. This is adversely impacting the dental implants market.

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CAR T Cell Therapy Market to Witness an Outstanding Growth by 2025

 CAR T Cell Therapy Market Analysis

The CAR T cell therapy market size is predicted to touch USD 8716.06 million at a 58.52% CAGR between 2019-2025, reveals the new Market Research Future (MRFR) report. CAR T cell therapy is amid the biggest breakthroughs and most promising treatment for cancer patients after chemotherapy. It is a form of immunotherapy where physicians gather immune cells from the patient, modify the same in the laboratory, and offer them the power to recognize as well as kill cancer cells easily, along with infusing the same back into that patient. These infused cells multiply and remain in the patient’s body as living drugs. Short treatment time is one of the key benefits of CAR T cell therapy. 

Numerous factors are adding to the CAR T cell therapy market demand. Such factors, as revealed by the latest MRFR report, include an increasing number of cell therapy clinical studies, growing pharmaceutical industry, technological advances for reliable and advanced treatment for cancer, and rising incidence of cancer both in adults & children worldwide. Additional factors adding to the CAR T cell therapy market growth include increasing initiatives by the government to promote cell therapy research in cancer and improve health care infrastructure and increasing approvals of CAR T cell therapies. 

On the contrary, high treatment costs and certain side effects that may cause CRS (cytokine release syndrome) and other forms of neurological problems, including delirium, hallucinations, coma, and seizures, are factors that may limit the CAR T cell therapy market growth over the forecast period. 

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Market Segmentation

The Market Research Future’s CAR T cell therapy market report provides an inclusive segmental analysis of the CAR T cell therapy market on the basis of target antigen and application.

By target antigen, the CAR T cell therapy market has been segmented into CD22, CD19, & others. Among these, the CD19 target antigen segment will lead the market over the forecast period. It was valued USD 342.56 million in 2018.  

By application, the CAR T cell therapy market is segmented into diffuse large B-cell lymphoma, acute lymphoblastic leukemia, and others. Of these, diffuse large B-cell lymphoma will have a major share in the market over the forecast period. 

Regional Analysis 

By region, the global CAR T cell therapy market covers the growth opportunities and recent trends across Europe, the US, China, and the Rest of the World. Of these, the US will dominate the market over the forecast period for the rapid development along with the launch of novel therapies by top industry players to treat cancer, and huge patient pool suffering from cancer. 

The CAR T cell therapy market in Europe is predicted to hold the second-largest share over the forecast period for extensive research & rising investment to develop cancer therapies, and rising prevalence of hematologic cancer especially multiple myeloma, lymphoma, and leukemia. 

The CAR T cell therapy market in China is predicted to have significant growth over the forecast period for the increasing disposable income and developing healthcare infrastructure. Besides, the rising number of CAR T cell therapy market companies signing and collaborating research and manufacturing contracts with the region’s local players for these therapies are also adding market growth. Cesca Therapeutics, for instance, signed an agreement in March 2018 with Boyalife Group in China for CAR-T cell-related manufacturing outsourcing, development, and bioprocessing. 

The CAR T cell therapy market in the RoW is predicted to have stable growth over the forecast period.

Key Players

Eminent players profiled in the CAR T cell therapy market report include Mustang Bio (US), Sorrento Therapeutics (US), Legend Biotech (US), Juno Therapeutics (US), Autolus Therapeutics PLC (UK), CARsgen Therapeutics (China), Cellectis (France), Pfizer, Inc. (US), Kite Pharma (US), and Novartis AG (Switzerland).

Industry News

March 2020: Tessa Therapeutics’ CD30-targeted CAR T-cell therapy has received RMAT designation by US FDA to treat refractory or relapsed classical Hodgkins lymphoma. Its benefits comprise early detections together with sponsors. 

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Feminine Hygiene Market to Perceive Momentous Accruals with a hefty CAGR By 2024

 Feminine Hygiene Market Analysis

The global feminine hygiene market has become mainstream witnessing an increased uptake and hence sales of feminine care products. Rising awareness and consumer preference for the benefits of these products are the major feminine hygiene market trends. The market has been witnessing remarkable growth over the past few years and is expected to continue further with the same trends.

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According to Market Research Future (MRFR), the global feminine hygiene product market worth had reached USD 21.96 BN in 2018, which is estimated to appreciate at 7.2% CAGR during the forecast period (2019-2024). Initiatives undertaken by the governments and NGOs aiming to establish awareness for women’s health & hygiene are favoring the market growth extensively.

Also, factors such as the increasing disposable income and the emergence of low-cost feminine hygiene products are excellently driving the growth of the market. Growing awareness of female health & wellness would continue to boost market growth over the review period. Furthermore, augmenting demand for feminine hygiene products such as tampons and panty liners in developing countries is anticipated to influence the growth of the market.

Conversely, after use effects triggered by the chemicals & bleaching agents used in the various women hygiene products such as allergy cases are anticipated to hamper revenue growth of the global market. Sometimes, these products can initiate a number of other side effects, including diarrhea, vomiting, low blood pressure, dizziness, rashes, and high fever. Awareness of these effects is affecting the growth of the market ato a great deal. Also, the high cost of these feminine hygiene products restricts market growth, especially in under-developed regions. 

Feminine Hygiene Market – Segmentations

The report is segmented into three market dynamics.

By Product Type: Tampons, Panty Liners, Sanitary Napkins/Pads, Feminine Hygiene Wash, Menstrual Cups, and others.

By Distribution Channel: Retail Pharmacies, Supermarket & Department Stores, Online Retail Stores, and others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World. 

Global Feminine Hygiene Market – Geographical Analysis

The Asia Pacific region leads the global feminine hygiene market. The largest market share attributes to the growing awareness and expenditures for women’s health & wellness, especially in countries such as China and India. This has led to raising the sales of quality women’s hygiene products. Initiatives and funding by government and private organizations are playing a major role in spreading awareness about feminine hygiene products.

North America is anticipated to hold the second position in the global feminine hygiene market. Factors such as the quality lifestyle led by the high per capita income drive the market growth. Besides, the high penetration of feminine hygiene products such as tampons, panty liners, and internal cleansers due to the increasing numbers of working women supports regional market growth. Also, increasing demand by women for organic and biodegradable products fuels the feminine hygiene market size in North America.

Europe demonstrates a considerable amount of increase in the global feminine hygiene market share. The market growth is due to factors such as rapid urbanization, easy access to feminine hygiene products, growing disposable income, and increasing spending on menstrual products. Also, well-spread awareness of feminine hygiene plays a causal role in the development of the market. Besides, the presence of many players, increasing expenditures for health & wellness are a few of the significant factors propelling the growth of the European feminine hygiene market. 

Feminine Hygiene Market – Competitive Landscape

Widely expanded, the global feminine hygiene market appears to be moderately competitive with the handful of players operating in the market. Product precision, pricing, versatility, and reliability determine the competitive strength of these players. They compete with each other on product differentiation, portfolio, and pricing. These players have opted for online channels and digital marketing to create their niche. Online channels offer privacy to users, with consumers choosing to buy these products at their discretion.

Feminine Hygiene Market Major Players: 

Players active in the global feminine hygiene market include Procter and Gamble, Edgewell Personal Care, Unicharm Corporation, Kimberly-Clark Corporation, Lil-Lets Group Ltd, Svenska Cellulosa Aktiebolaget SCA, Ontex International, Johnson & Johnson, Kao Corporation, and Natracare LLC, among others.

Feminine Hygiene Industry/Innovation/ Related News:

April 23, 2020 --- Woolchemy (New Zealand), a leading producer of intelligent eco-logical textiles and wool-based sustainable nonwovens, launched a wool-based acquisition distribution layer for single-use hygiene products. Woolchemy has developed two patent-pending wool absorbency technologies called neweZorb and neweFlex. neweZorb is biodegradable & compostable, renewable & sustainable, washable & disposable, and contains no chemical residues. neweFlex is engineered to absorb & repel moisture, which is why it is called a one-way-moisture-transfer-layer that keeps the skin dry & redistributes fluids to the absorbent core.

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