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Dental Fittings Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.
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Published date -30th Jan 2024
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Formats -PDF, CSV
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Region -Global
Market Size & CAGR of Dental Fittings Market in 2021
The global dental fittings market had a market size of USD 3.5 billion in 2021, with a Compound Annual Growth Rate (CAGR) of 5.2% from 2021 to 2028. The market is expected to reach a value of USD 5.2 billion by the end of 2028.
COVID-19 Impact on the Dental Fittings Market
The dental fittings market experienced a significant impact from the COVID-19 pandemic. Due to the lockdown measures and restrictions on non-essential services, the demand for dental fittings decreased in 2020. However, with the gradual reopening of dental clinics and increased emphasis on oral health, the market has shown signs of recovery in 2021.
Dental Fittings Dynamics
The dental fittings market is driven by factors such as the increasing prevalence of dental disorders, growing awareness about oral hygiene, advancements in dental technology, and the rising geriatric population. On the other hand, factors like high cost associated with dental procedures and limited access to dental care in certain regions act as restraints for market growth.
Segments and Related Analysis
The dental fittings market can be segmented based on product type, material type, end-user, and region. Product types include dental implants, crowns and bridges, orthodontic appliances, and dentures. Material types include metal, ceramic, and polymer. End-users of dental fittings are dental clinics, hospitals, and dental laboratories.
By Region Analysis
The dental fittings market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the market due to the presence of well-established dental infrastructure and high adoption of advanced dental technologies. Europe follows closely behind, with increasing investments in dental healthcare. The Asia Pacific region is expected to witness significant growth in the forecast period due to the rising dental tourism and increasing disposable income.
Key Market Players and Competitive Landscape
Key players in the dental fittings market include Straumann Group, Dentsply Sirona, Zimmer Biomet Holdings, Danaher Corporation, and 3M Company. These companies focus on product innovation, strategic partnerships, and acquisitions to maintain their competitive edge in the market. The market is highly competitive, with players vying for market share through advanced technologies and quality products.
Recent Happenings in the Dental Fittings Market
In recent developments, Straumann Group announced the launch of a new range of dental implants with improved aesthetics and durability. Dentsply Sirona introduced a novel orthodontic appliance for non-invasive teeth straightening. Zimmer Biomet Holdings collaborated with a leading dental clinic to provide specialized dental fittings for patients. These developments indicate the ongoing advancements in the dental fittings market to meet the evolving needs of dental patients worldwide.