The size of the Latin America Dental Crown and Bridges Market was worth USD 1.10 billion in 2022 and is estimated to be growing at a CAGR of 7.73%, to reach USD 1.59 billion by 2027.
A few of the significant factors helping the dental crowns and bridges market in Latin America register better growth during the forecast period are the increase in oral diseases, especially among children and the geriatric population. Children are more prone to accidents and often harm their teeth, while older people are more prone to losing their teeth due to poor maintenance and chronic diseases. The increasing prevalence of periodontal disease and caries, especially among the aging population, is expected to drive the market. According to the World Health Organization, over 2.5 billion people suffer from permanent dental caries across the globe. In addition, factors such as unhealthy diets, chewing tobacco, the growing prevalence of oral cancer, and alcohol consumption are expected to increase the number of oral diseases, which stimulates the demand for dental crowns and bridges as natural teeth replacement.
Tooth decay or dental caries, when left untreated, cause tooth loss, affecting the overall oral balance. A good smile also has the power to affect one’s social life and improve facial aesthetics significantly. For this reason, there is a tremendous demand for dental crowns and bridges across the world. The need for dental crowns and bridges is increasing the prices for dental treatments and cosmetic dental procedures, driving the market's growth. Furthermore, the use of dental procedures has increased due to accidents, genetic disorders resulting in anodontia, and the growing influence to have a ‘Hollywood smile ’is driving the growth of the dental crowns and bridges market in Latin America.
Some of the trends in the market include the use of 3D and CAD / CAM imaging technologies, minimally invasive procedures as they require lesser time and long-lasting results that are said to be patient satisfactory. Cosmetic dentistry is growing in popularity, especially in the younger age group. Increased demand for research for better dental components to resemble natural teeth is anticipated to introduce great market opportunities in the near future.
However, the lack of adequate reimbursement policies for dental care in Latin America is holding back the market's growth. Dental crowns, bridges, and implants do not have regularized prices; hence, price plays a crucial role. In addition, cosmetic dental procedures are not covered in reimbursement policies, which is hampering the market's growth. Dental crowns are not covered under government healthcare initiatives due to their high costs; these restraints are estimated to inhibit the market growth.
Moreover, the lack of healthcare awareness and availability of superior quality dental crowns and bridges is not pocket-friendly for mid- low-income families. These are some significant factors limiting the growth of the Latin American dental crowns and bridges market.
This research report on the Latin America Dental Crown and Bridges market has been segmented and sub-segmented into the following categories:
Geographically, the Mexican market is estimated to account for the largest share in the Latin American dental crown and bridges market during the forecast period. This is due to the high prevalence of oral diseases and the increasing g rate of medical tourism in the region. In addition, many dental insurance plans in North America charge high speeds. People often visit neighboring countries to avail themselves of dental services, which will help the market gather revenues during the analysis period.
During the forecast period, the Brazilian market is predicted to gain strength in the Latin America crown and bridge market, expected to experience impressive growth of CAGR of 4%. According to a 2019 study, healthcare spending by dental insurance companies in Brazil has increased over the years. As a result, people are becoming aware of dental hygiene in Brazil. This is expected to increase the demand for dental procedures such as implants and crowns, likely leading to market growth.
KEY MARKET PLAYERS:
A few of the noteworthy companies operating in the Latin American dental crown and bridges market profiled in this report are 3M, Nobel Biocare Services, Ivoclar Vivadent, DENTSPLY International, Camlog Holding, BioHorizons, Cynovad, Straumann, Heraeus Holding, Zimmer Biomet, Sirona Dental Systems and Wieland Dental.
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