by The Zirconia Based Dental Materials Market is estimated to be valued at US$ 313.77 Mn in 2023 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Zirconia Based Dental Materials are widely used in dental applications as crowns, bridges, implants, braces and dentures due to their high strength, biocompatibility and aesthetic appeal similar to natural teeth. These materials offer a very aesthetically pleasing white color that matches the color of natural teeth well. They are resistant to stains and discoloration making them a popular choice for dental restorations.
Market Dynamics:
Growing geriatric population worldwide suffering from orthodontic problems and tooth loss is a key driver propelling the growth of Zirconia Based Dental Materials market. According to the World Health Organization, the number of people aged 65 years and above is projected to reach around 1.5 billion by 2050 from present 703 million. With age, the risk of dental issues like tooth loss increases requiring dental restorations and implants. Further, growing dental tourism in low cost countries and rising disposable incomes are also fueling the demand for advanced dental materials like Zirconia for complex dental procedures.
Segment Analysis
The zirconia based dental materials market is dominated by the zirconia dental disc segment. This segment accounts for over 35% of the market share owing to widespread usage of zirconia discs for milling zirconia frameworks and abutments. Zirconia discs offer high precision, smooth surface finish and are biocompatible.
PEST Analysis
Political: The governments across various countries are taking initiatives to increase awareness about oral health and dental aesthetics. This is augmenting growth of dental materials market.
Economic: Rising disposable incomes coupled with increasing dental tourism is positively impacting the market growth.
Social: Changing lifestyle, greater emphasis on aesthetics and rising dental health expenditure is propelling the demand for advanced dental materials like zirconia.
Technological: Continued R&D is aiding product innovation. Materials like 3Y-TZP zirconia with superior mechanical properties are gaining popularity. CAD/CAM technology is enabling precise customization.
Key Takeaways
The global Zirconia Based Dental Materials Market Share is expected to witness high growth, exhibiting CAGR of 7.2% over the forecast period, due to increasing demand for cosmetic dentistry and biocompatible materials.
The North America region dominates the market and is expected to continue its dominance over the forecast period. This can be attributed to rising dental expenditure, presence of major players and technological advancements in the region.
Key players operating in the zirconia based dental materials market are Pritidenta GmbH, Aidite technology co., LTD, Ivoclar Vivadent., 3M, Glidewell Laboratories, Besmile Biotechnology Co., Ltd., GC America, SAGEMAX, Dental Direkt, Huge Dental, Alien Milling Technologies, Zirkonzahn, Kuraray Noritake Dental INC., Aurident, and Dentsply Sirona. These players are focusing on new product launches and inorganic growth strategies like mergers and acquisitions to gain a larger market share.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.
