Zirconia Based Dental Materials Market is Estimated To Witness High Growth Owing To Rising Demand from Geriatric Population

Zirconia Based Dental Materials Market


The 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 are used for various dental applications such as crowns, bridges, inlays, onlays, implants, brackets and dentures. These materials have advantages such as biocompatibility, aesthetics, strength and corrosion resistance. The increasing incidence of oral diseases and growing geriatric population has fueled the demand for reliable and durable dental materials.

Market key trends:

Rising demand from geriatric population: With growing geriatric population worldwide, the demand for dental treatments has increased significantly in recent years. According to the United Nations, the number of people aged 65 years and above is projected to reach 1.5 billion globally by 2050. This demographic shift has led to increased focus on dental health among elderly. The advanced mechanical properties of zirconia based dental materials make them an ideal choice for dental procedures among geriatric patients.

Porter's Analysis
Threat of new entrants: The threat of new entrants is moderately low as it requires high capital investment for R&D and manufacturing facilities. However, the market is growing which can attract new players.
Bargaining power of buyers: The bargaining power of buyers is moderate as the market has many players providing substitutable products. Buyers can negotiate on price and quality.
Bargaining power of suppliers: The suppliers for raw materials like zirconium dioxide have moderate-high bargaining power as they control key raw materials required. Substitute materials can also be used.
Threat of new substitutes: The threat of new substitutes is moderate as alternatives like lithium disilicate and glass ceramics are substituting zirconia in some applications. However, zirconia has advantages in mechanical properties.
Competitive rivalry: Intense as there are many players competing based on product innovation, quality and price.

SWOT Analysis
Strength: Zirconia has high strength, fracture toughness and biocompatibility making it suitable for dental restorations. It can be easily worked and adhered to tooth structure.
Weakness: High material and processing cost of zirconia compared to other alternatives. Chances of chipping or cracking during insertion process.
Opportunity: Growing geriatric population needing dental care and esthetics. Rising demand for high quality dental restorations drives the market.
Threats: Stringent regulations pertaining to claims of marketing and promotions of dental materials. Threat from substitutes offering cost advantage.

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 dental tourism and growing demand for cosmetic dentistry.

Regional analysis: North America dominates the market currently due to rising dental expenditure. Asia Pacific is expected to grow at fastest pace owing to low treatment cost and large patient pool in countries like India and China.

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. The key players are focusing on new product launches and strategic collaborations for global expansion. 

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