July 27, 2024
Zirconia Based Dental Materials Market

Zirconia Based Dental Materials Market is gaining momentum owing to technological advancements

The zirconia based dental materials market comprises dental milling blanks for the production of dental restorations made of yttria-stabilized tetragonal zirconia polycrystals and sintered blocks. Zirconia dental materials offers high biocompatibility and excellent aesthetics compared to other restorative materials such as metal alloys, ceramics, composites and amalgam. They mimic the appearance of natural teeth and has high fracture toughness allowing precise milling for fabrication of esthetic crowns, bridges, dentures and orthodontic brackets.

The Global zirconia based dental materials Market is estimated to be valued at US$ 361.47 Mn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2030.

Key Takeaways
Key players operating in the zirconia based dental materials are Adidas AG, Nike Inc., Columbia Sportswear Company, Honeywell International Inc., Puma SE, New Balance Athletics, Michael Kors Holdings Ltd, Jack Wolfskin GmbH & Co, Bata Limited, Deichmann SE, Deckers Outdoor Corporation, The Aldo Group, and Skechers U.S.A. The growing demand for esthetic dental restorations and increasing incidence of tooth decay, periodontal diseases and dental caries are fueling the growth of the market. North America dominates the global zirconia based dental materials market followed by Europe and Asia Pacific. The increasing government expenditure on oral healthcare and rising medical tourism in developing economies are further propelling the demand.

Growing demand for dental aesthetics is one of the key factors driving the adoption of zirconia based dental materials. Zirconia offers life-like appearance with excellent mechanical properties making them increasingly preferred over other materials. Moreover, the rising consumer disposable income and growing dental tourism in Asia Pacific and Middle East countries is expected to offer lucrative growth opportunities. However, high cost of zirconia based dental restorations compared to other alternatives may hamper the market growth to some extent over the forecast period.

Market key trends
Customization and personalization is one of the key trends gaining traction in the Global Zirconia Based Dental Materials Market. Manufacturers are offering customized zirconia blocks and milling blanks tailored to meet the requirement of each patient case. This allows for enhanced material properties and aesthetic appearance. With advancements in computer-aided design/computer-aided manufacturing (CAD/CAM) technology, it is now possible to design and produce customized zirconia dental restorations with high precision and accuracy mimicking the natural appearance of teeth.

Porter’s Analysis
Threat of new entrants: The threat of new entrants in the market is low as it requires substantial investment and manufacturing capacities to produce dental materials. Existing brands have established name, distribution and supply chain in the market.

Bargaining power of buyers: The bargaining power of buyers is moderate due to the availability of various alternatives in the market at competitive prices from different companies. However, product quality and features determine customer preference for a particular brand.

Bargaining power of suppliers: The bargaining power of suppliers is moderate as key raw materials like zirconia are commoditized in nature and supplied by few specialized vendors globally. Supplier switching cost is relatively low.

Threat of new substitutes: The threat of substitutes is moderate as metal ceramics and resin composites are used in specific dental applications. However, zirconia based materials have greater mechanical strength and durability.

Competitive rivalry: The competitive rivalry is high among the established brands to sustain or gain market share through new product launches, geographical expansion and marketing initiatives.

Geographical Regions
In terms of value, the market is primarily concentrated in North America and Europe. Countries like the U.S., Germany, Italy and France are key markets owing to larger patient pool, growing dental aesthetics demand and availability of advanced dental treatments.

Asia Pacific region is expected to be the fastest growing geographical segment during the forecast period from 2024 to 2030. Presence of emerging economies like India and China with rising incomes, improving access to dental care and increasing health insurance penetration are driving factors for market growth in Asia Pacific.

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