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| Global Zirconia Based Dental Materials Market |
The global zirconia based dental materials market comprises dental implants,
dental crowns, bridges, dentures, orthodontic brackets and other dental
components that are manufactured using zirconia as a raw material. Zirconia
exhibits properties such as biological compatibility, esthetics, strength and
fracture toughness which makes it a preferred alternative to metallic materials
in dental restorations. The rising focus on dental esthetics and demand for
metal-free restorations to impart natural appearance has been a major driver of
growth for zirconia based dental materials.
The Global zirconia based dental materials market is
estimated to be valued at US$ 361.47 Mn in 2024 and is expected toexhibit a
CAGR of 4.5% over the forecast period of 2024 to 2030.
Key Takeaways
Key players operating in the zirconia based dental materials market 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. Key players are focusing on new product launches, mergers
& acquisitions and geographic expansion to strengthen their market
position. Adidas AG launched a new material ‘Parley Ocean Plastic’ made using
recycled ocean plastic to increase its sustainable product offerings. Nike Inc.
acquired InCorporate to strengthen its digital capabilities and enhance
customer experience.
The key opportunities in the market include increasing adoption rates of dental
implants and prosthetics in developing regions due to rising dental healthcare
expenditure and demand for sophisticated dental treatments. Other opportunities
lie in the development of novel zirconia materials with enhanced mechanical properties,
improved esthetics and greater translucency for dental restorations.
Key players are expanding globally through strategic partnerships and
acquisitions to gain larger market share. Adidas AG partnered with Allbirds to
develop sustainable shoes. Nike Inc. expanded its brick-and-mortar presence in
China. Columbia Sportswear Company acquired Sierra Designs and Mountain
Hardwear to strengthen its outdoor product portfolio.
Market Drivers:
Growing demand for metal-free and esthetic dental restorations: Zirconia based
dental materials offer life-like appearance due to opacity similar to natural
teeth. This has boosted their adoption over metallic materials. Increasing
incidence of tooth loss and dental diseases: Tooth loss and dental caries are
major health issues stemming from unhealthy lifestyles, aging population and
improper oral care. This fosters the need for sophisticated dental treatments
including implants which use zirconia as a preferred biomaterial.
Market Restrain:
High costs associated with zirconia based dental materials: Zirconia raw
material and dental manufacturing processes are expensive compared to metal
alternatives which restrain market growth to some extent in price sensitive
regions. Stringent regulatory approval process and infrastructure requirements
for new products: Regulatory framework is stringent for dental biomaterials and
implant devices seeking market clearance. This calls for heavy investments and
time to develop and commercialize innovative zirconia products.
Segment Analysis
Global
Zirconia Based Dental Materials Market can be segmented based on
product type into dental implant, dental disc, dental crown and other dental
restorative materials. Within these, the dental implant segment currently
dominates the market due to increasing cases of oral diseases, growing
popularity of dental implants, technological advancements and benefits offered
by zirconia implants over other metallic implants like biocompatability and
aesthetic appeal. Some key factors contributing to the large market share of
dental implants includes rising geriatric population suffering from oral
diseases, rising dental tourism and increasing medical reimbursements for
dental implants in many countries.
Global Analysis
Regionally, North America holds the largest share in the zirconia based dental
materials market owing to factors such as advanced dental healthcare
infrastructure, presence of key market players, rising dental expenditure and
growing cases of dental caries & other periodontal diseases. Europe is the
second major region due to increasing government support for research &
development in medical technologies along with favorable reimbursement
policies. However, Asia Pacific is expected to witness fastest growth during
the forecast period due to rising medical tourism, rapid economic development,
growing medical insurance penetration and increasing dental awareness among
people. Rising dental tourism in countries like India, Thailand and China will
supplement the growth of Asia Pacific region in the coming years.
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