Growing Demand for Stainless Crowns to Drive the Global Stainless Crowns Market
The
global Stainless Crowns Market is estimated to be valued at US$ 1.3 billion in
2023 and is expected to exhibit a CAGR of 6.6% over the forecast period
2023-2030, according to a new report published by Coherent Market Insights.
A) Market Overview:
Stainless crowns are dental restorations used to treat damaged teeth,
especially in the pediatric population. These crowns are highly durable,
cost-effective, and offer superior aesthetics, making them a preferred option
for dental practitioners. The market for stainless crowns is driven by the
increasing prevalence of dental caries and the growing demand for minimally
invasive dental procedures. Stainless crowns provide a long-lasting solution
for tooth restoration, offering advantages such as ease of placement, excellent
biocompatibility, and high resistance to corrosion. The rising awareness about
oral health and the availability of advanced dental treatment options are
further fueling the demand for stainless crowns.
B) Market Key Trends:
One key trend observed in the stainless crowns market is the growing adoption
of zirconia crowns. Zirconia is a ceramic material that offers excellent
aesthetics, durability, and biocompatibility. Zirconia crowns provide a natural
appearance and are highly resistant to chipping and cracking, making them a
popular choice among patients. Zirconia crowns also offer superior strength and
can withstand heavy chewing forces, making them suitable for both anterior and
posterior teeth. The increasing focus on aesthetic outcomes and the demand for
long-lasting dental restorations are driving the adoption of zirconia crowns in
the global stainless crowns market. This trend is expected to continue over the
forecast period, contributing to the growth of the market.
Segment Analysis:
The global stainless crowns market can be segmented based on material type,
end-user, and region. Based on material type, the market can be further
segmented into stainless steel and nickel-chromium. The stainless steel segment
is expected to dominate the market during the forecast period. This can be
attributed to the superior properties of stainless steel, such as high
strength, durability, and resistance to corrosion, which make it ideal for
dental crown applications. Stainless steel crowns also offer
cost-effectiveness, ease of placement, and a good aesthetic appearance, which
further contribute to their dominance in the market.
Based on end-user, the market can be segmented into hospitals, dental clinics,
and others. The dental clinics segment is expected to dominate the market owing
to the increasing number of dental clinics across the globe and the preference
for stainless crowns in dental procedures. Dental clinics offer convenience,
accessibility, and a wide range of dental services, which attract a significant
patient population. Moreover, advancements in dental technology and the
availability of skilled dental professionals in clinics contribute to the
dominance of this segment in the market.
Key Takeaways:
The global
stainless crowns market is expected to witness high growth, exhibiting
a CAGR of 6.6% over the forecast period of 2023-2030. This growth can be
attributed to several factors. Firstly, there is an increasing prevalence of
dental conditions such as cavities, dental caries, and tooth decay, which
require the use of dental crowns for restoration purposes. Additionally, the
growing awareness among individuals regarding oral hygiene and the importance
of dental care is driving the demand for dental procedures, including the use
of stainless crowns.
Regionally, North America is expected to be the fastest-growing and dominating
region in the stainless crowns market. This can be attributed to factors such
as the high prevalence of dental conditions in the region, the presence of
advanced dental healthcare infrastructure, and the growing adoption of
technologically advanced dental procedures. Additionally, the presence of key
market players in the region and their focus on product innovation and
development further contribute to the growth of the market in North America.
Key players operating in the stainless crowns market include Dentsply Sirona,
Ivoclar Vivadent, Modern Dental, 3M, Glidewell, Danaher, Zirkonzahn, Amann
Girrbach, Coltene, and Pritidenta. These key players are actively involved in
strategic initiatives such as mergers and acquisitions, collaborations, and
partnerships to strengthen their market presence. They are also focusing on
research and development activities to introduce innovative and technologically
advanced products in the market. These factors contribute to the growth and
dominance of these key players in the stainless crowns market.
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https://www.ukwebwire.com/stainless-crowns-market-growing-dental-industry-driving-market-growth/
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