The worldwide dental implants and prostheses market was valued at $7.2 billion in 2017 and is anticipated to witness a CAGR of 6.1% during the forecast period (2018–2023) due to the growing prevalence of dental problems. Other factors driving the progress of the market are the growing volume of cosmetic dentistry procedures and dental implant surgeries, rising awareness and concern about oral hygiene, and increasing geriatric population and healthcare expenditure.
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On a global ground, Europe dominated the dental implants and prostheses market in 2017 with 40.2% share of the total revenue due to the increasing demand for cosmetic dentistry, growing awareness about oral hygiene, and rising dental implant surgeries here. Moreover, in recent years, there has been a considerable progress in the prevalence of dental problems among the underprivileged sections in developing as well as developed countries. Edentulism, a condition of tooth loss common among the elderly, is one of the major reasons an increasing number of people are going for intraoral scanning and dental implants.
Now, periodontal disease, dental caries, aging, and an unhealthy lifestyle are the most significant factors contributing to the growing prevalence of edentulism. According to the National Health and Nutrition Examination Survey carried out by the National Center for Health Statistics, nearly 91.0% of the adults between 20–64 years experienced dental caries and around 27.0% in the same age group had untreated tooth decay in the U.S. during 2011–2012. As per the World Health Organization (WHO), dental caries affect around 60.0–90.0% school children and adults in most developed countries.
Thus, the increasing prevalence of tooth problems across the world is resulting in a rising demand for dental care procedures, which is further leading to the growth of the dental implants and prostheses market.