Dentures Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

 

In 2020, the global dentures market was valued at USD 2.09 billion. The global impact of COVID-19 has been unprecedented and catastrophic, with demand for denture products falling across all regions as a result of the epidemic. According to our calculations, the global market will expand by -10.46 percent in 2020, compared to the average year-on-year growth from 2017 to 2019. During the period 2021-2028, the market is expected to increase at a CAGR of 6.4 percent, from USD 2.19 billion in 2021 to USD 3.38 billion in 2028. When the pandemic is finished, this market's demand and growth will revert to pre-pandemic levels, resulting in a higher CAGR.

Dentures are custom-made devices that replace lost teeth and restore an individual's look and oral functions. They are divided into two categories: complete and partial. After the teeth have been removed and the gum tissue has healed sufficiently, the traditional implants are personalised. An instantaneous denture, on the other hand, is inserted as soon as the teeth are removed to carry out fundamental tooth duties, and is then replaced with traditional artificial teeth after a period of time. Pink acrylic is used to stimulate gum tissue, and the teeth are composed of plastic or porcelain. Furthermore, the global demand for these goods is expanding as the frequency of periodontal illnesses and edentulism rises.

According to the American College of Prosthodontists, more than 36 million Americans are toothless, and 120 million people in the United States have at least one missing tooth. These figures are expected to climb in the next two decades, with artificial teeth being created for roughly 15% of the edentulous population each year.Dental procedures have been put on hold due to a lack of funding.

The COVID-19 pandemic will have a negative impact on the market.

Non-emergency dental surgeries were cancelled in numerous nations due to lockdown limitations, which hampered market growth to some extent. Moreover, several hospitals have been transformed into COVID-19 isolation and treatment centres, causing elective surgeries to be postponed in various parts of the world.