Dentures are increasingly gaining popularity among consumers across the globe, majorly among the geriatrics age group as this helps to restore face aesthetics by filling in gaps in the mouth. Also, the adoption of dentures improves the appearance of a smile (that has multiple missing teeth) while keeping the structure of the mouth sound as it supports structures around the lips and cheeks. Owing to this, the adoption of dental prosthetics such as dentures may witness growth from the millennial population across the globe.
According to a market report published by Bizwit Research & Consulting, LLP, the global dentures market is valued at approximately USD 1.29 billion in 2020 and is anticipated to grow with a healthy growth rate of nearly 7.21% over the forecast period 2021-2027.
The increasing aging population, increasing prevalence of oral health disorders, and government fundings for dentures are some of the factors that are expected to significantly contribute to the growth of the global dentures market during the forecast period. In addition, technological advancements and increasing medical tourism provide lucrative growth opportunities to the market. However, the high cost of denture treatments is expected to hamper the growth of the global dentures market during the forecast years.
With the growing age, people often lose teeth due to periodontal diseases, inflammation of the gums, and inflammation affecting the bone and tissue of the teeth. In addition, it also becomes difficult to maintain oral hygiene with age. Hence, with an increase in the aging population, the demand and adoption of dental prosthetics such as dentures are expected to increase worldwide. According to the United Nations Department of Economic and Social Affairs, the population of people aged 65 or more across the globe is expected to increase from nearly 702.9 million in 2019 to approximately 1548.9 million by 2050. Hence, this is likely to increase the demand and adoption of dentures and in turn, supplement the worldwide market growth during the forecast period.
Global Dentures Market Size study, by Type (Complete and Partial), by Usage (Removable and Fixed), By End-use (Dental Clinics & Hospitals and Others), and Regional Forecasts 2021-2027
The total market revenue is calculated based on revenue generated through the sales of dentures. However, revenue generated through surgery fees and hospital charges is excluded from the report. Major companies covered under the report are Amann Girrbach Ag, Coltene Holding Ag, Dentsply Sirona Inc., Gc Dental, Ivoclar Vivadent Ag, Modern Dental Group Ltd., Shofu Inc., Thommen Medical Ag, Vita Zahnfabrik, Zimmer Biomet Holdings Inc. Other popular regional players across various countries are also considered for revenue calculation.
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