April 21, 2024
Stainless Crowns Market

The Growing Demand for Aesthetic Dental Treatments is Driving the Global Stainless Crowns Market

Stainless steel crowns are prefabricated crowns made from stainless steel alloy that are placed over the remaining tooth structure as a protective restoration. They are primarily used in pediatric dentistry for restoring extensively decayed or traumatized primary (baby) teeth. Stainless steel crowns provide an aesthetically pleasing and durable restoration that withstands the destructive habits of children’s oral environment, such as brushing, chewing, grinding and biting. They bond well to the tooth structure, resist leakage, and do not easily fracture like traditional dental restorations. The advantages of stainless steel crowns include strength, durability, easy application, and ability to withstand biting forces. They help prevent further dental caries and protect the tooth from damage until it exfoliates naturally. With the rising focus on dental aesthetics and increasing knowledge about oral healthcare, parents are more inclined towards using stainless crowns for restoring their child’s decayed teeth instead of tooth extractions.

The global Stainless Crowns market is estimated to be valued at US$ 1.5 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing demand for minimally invasive and long-lasting dental treatments is one of the major trends witnessed in the global stainless crowns market. Stainless steel crowns provide a conservative restoration that protects dental pulp and preserves the remaining tooth structure as it involves minimal tooth reduction. The growing popularity of smile makeovers among both children and adults have increased the demand for aesthetically superior crowns. Manufacturers are focused on developing crown designs with natural tooth-colored appearance to address the aesthetic demands. Technological advancements has led to introduction of new materials such as stainless steel zirconia crowns that combines strength of stainless steel with aesthetics and longevity of zirconia. They mimic the strength, durability and longevity of natural teeth. The rising consumer awareness regarding oral healthcare and increasing affordability of dental treatments in developing regions will continue to drive the global stainless crowns market during the forecast period.

Porter’s Analysis

Threat of new entrants: Low capital requirements and existing intellectual property rights pose a threat of new entrants in the stainless crowns market.

Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of various manufacturers globally offering similar products.

Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to the presence of established suppliers in the market.

Threat of new substitutes: Rise in adoption of CAD/CAM technologies and new materials for crowns is expected to threaten market growth.

Competitive rivalry: The stainless crowns market is moderately competitive due to the presence of large and mid-sized manufacturers.

Key Takeaways

The global stainless crowns market size is expected to witness high growth. The market size is projected to reach US$ x Mn by 2031 from US$ 1.5 Mn in 2024, growing at a CAGR of 11%.

North America region is expected to dominate the market over the forecast period owing to increasing prevalence of tooth diseases and presence of leading manufacturers. The market in the region is estimated to surpass US$ x Mn by 2031.

Asia Pacific region is anticipated to witness fastest growth due to rising geriatric population, improving healthcare infrastructure and increasing awareness about oral healthcare.

Key players operating in the stainless crowns market are 3M, Ivoclar Vivadent, DDS Lab, GF Dental, Streumann, etc. 3M accounted for majority market share in 2020. The company offers diverse product portfolio for dental crowns and bridges.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraaged AI tools to mine information and compile it