Stainless crowns are tooth-colored permanent dental restorations primarily used for restoring damaged teeth. They are comfortable, durable, and offer full coverage restoration of significantly decayed or damaged teeth. They are primarily preferred for restoring posterior teeth and are considerably more affordable than the porcelain crowns.
The global Stainless Crowns Market is estimated to be valued at US$ 1.3 Bn in 2023 and is expected to exhibit a CAGR of 12.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Rising prevalence of dental issues has been a key growth driver for the Stainless Crowns Market. According to the World Health Organization (WHO), oral diseases affect approximately 3.9 billion people worldwide, with caries of permanent teeth being the most prevalent of all health conditions globally. The increasing instances of teeth sensitivity, dental cavities, and periodontal diseases have augmented the demand for dental restoration procedures and devices such as stainless crowns. This rising prevalence of dental issues is expected to continue fueling the demand for stainless crowns over the forecast period.
SWOT Analysis
Strength: Stainless steel used in crowns is durable and corrosion resistant which improves longevity. It is also biocompatible material suitable for dental applications.
Weakness: Stainless crowns require extensive tooth structure removal during preparation which could compromise remaining tooth structure. Stainless steel crowns also cannot be customised according to tooth anatomy and shade.
Opportunity: Growing geriatric population who are more prone to dental caries and requirement for tooth extractions creates opportunity. Increasing aesthetic dental consciousness also offers scope for improved material options.
Threats: Alternatives like zirconia and ceramic crowns offer superior aesthetics posing threat to stainless steel crowns market share. High costs associated with new dental material research and development challenges traditional market players.
Key Takeaways
The Global Stainless Crowns Market Trend is expected to witness high growth.
Regional analysis: North America dominates stainless crowns market currently due to technological advancements and presence of major players. Furthermore, rising dental expenditure and increasing number of dental practitioners in countries like US and Canada favors market growth. Asia Pacific region is poised to be fastest growing market for stainless crowns during forecast period driven by growing unmet medical needs of large geriatric population coupled with improving access to dental care in emerging countries.
Key players operating in the stainless crowns market are Nasco, Simulaids Inc., Simulab Corporation, Mentice AB, Limbs & Things, Kyoto Kagaku Co. Ltd., Laerdal. Stainless crowns market being highly competitive, companies are focusing on new product launches and geographic expansion through merger and acquisitions to gain higher market share. For instance, in 2022 Mentice acquired minority stake in VRconsulting advancing its medical simulation solutions.
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1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it