PUNE, India, September 19, 2016 /PRNewswire/ -- According to a new market research report, "Dental Implants and Prosthetics Market by Type (Implant, Crown, Bridge, Denture, Abutment, Veneer, Inlay, Onlay), Material (Titanium, Zirconium, Ceramic, Porcelain-Fused-to-Metal), Type of Facility (Hospitals, Dental Laboratories) - Forecast to 2021," the market is expected to grow at a CAGR of 7.2% between 2016 and 2021 to reach $12.32 billion by 2021.
This market growth can be attributed to factors such as the rapidly increasing aging population, growing demand for cosmetic dentistry, and growing incidences of dental caries and other periodontal diseases.
This report analyzes the dental implants and prosthetics market on the basis of dental implants, dental prosthetics, type of facility, and regions.
The dental implants market is further segmented on the basis of material, procedure, and type. On the basis of material, the dental implants market is segmented into titanium and zirconium implants. By procedure, the dental implants market is segmented into root-form dental implants and plate-form dental implants. Based on type, the dental implants market is segmented into premium, value, and discounted implants.
The dental prosthetics market is further segmented into crowns, bridges, dentures, abutments, veneers, and inlays and onlays. Dental bridges are further subsegmented into 3-unit bridges, 4-unit bridges, Maryland bridges, and cantilever bridges. Based on material, the dental crowns and bridges market is subsegmented into PFM, all-ceramic, and metal segments. Based on the type of facility segment, the dental implants and prosthetics market is segmented into hospitals and clinics, dental laboratories, and other types of facilities such as academic and research institutes. On the basis of region, the dental implants and prosthetics market is segmented into North America,Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
In 2015, titanium implants accounted for the largest share of the dental implants market. The large share and high growth of this segment can be attributed mainly to higher adoption of titanium implants by dental professionals due to their biocompatibility, strength, and durability. Premium implants accounted for the largest share of the global dental implants market, by type. However, the discounted implants segment is expected to witness the highest growth in the next 5 years. Growth in the discounted implants segment can mainly be attributed to its increasing use by dental professionals in emerging economies. Dental bridges accounted for the largest share of the dental prosthetics market. By type of facility, the hospitals and clinics segment accounted for the largest share of the global dental implants and prosthetics market in 2015. The large share of this segment is mainly due to the increasing number of dental hospitals and clinics.