by The global 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 include zirconia crown, bridges, implants and other dental prosthetics and orthodontic brackets made using zirconia. Zirconia has high strength, biocompatibility and aesthetics making it very useful for dental applications. It provides superior strength, durability and life-like aesthetics compared to other dental materials.
Market key trends:
One of the major trends in the zirconia based dental materials market is the development of advanced zirconia dental materials. Manufacturers are focusing on developing dental materials with improved properties such as strength, aesthetics and lifespan. For instance, improved zirconia materials are being developed with higher strength, enhanced aesthetics resembling natural tooth structure more closely and durability lasting over 15-20 years in oral environment. There is also a trend of customization and digitalization in dental materials manufacturing. Companies are increasingly using CAD/CAM (computer-aided design and computer-aided manufacturing) technology and 3D printing for customized dental prosthetics, orthodontics and dental implants using zirconia. This allows for precise shaping and placement of the dental restorations.
SWOT Analysis
Strength: Zirconia based dental materials have high strength and durability, allowing them to withstand heavy biting forces and prevent chipping or fracture. They also have excellent biocompatibility and aesthetics, closely resembling natural teeth.
Weakness: Zirconia based dental materials have high material and production costs compared to other dental materials like porcelain or metal alloys. The manufacturing process requires complex CAD/CAM techniques.
Opportunity: Rising awareness about cosmetic and restorative dentistry is driving the demand for advanced dental materials with lifelike appearance and strength. The growing elderly population also increases the need for dental implants and restorations.
Threats: Availability of cheaper substitutes like porcelain and metal alloys can reduce the sales potential of zirconia based materials. Stringent regulations surrounding new dental material approval may delay market entry of novel products.
Key Takeaways
Global Zirconia Based Dental Materials Market Demand is expected to witness high growth, exhibiting CAGR of 7.2% over the forecast period, due to increasing focus on dental aesthetics and rising disposable income in developing nations.
Regional analysis:
North America dominates the global market due to rising medical tourism and availability of advanced dental technologies. Asia Pacific is expected to grow at the fastest pace due to large patient pool, increasing dental tourism from other regions, and growing medical facilities. China, India, and South Korea are emerging as lucrative markets for zirconia based dental materials.
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. Major players are focusing on new product development and geographical expansion to strengthen their global presence.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
