A stainless steel crown refers to a prefabricated stainless steel crown that is used to restore decayed primary (baby) teeth in children. Stainless steel crowns are advantageous over other restorative materials as they are durable, resist wear from grinding and biting, and do not decay like dental fillings or composites. They provide effective and long-lasting protection to decayed or weakened teeth. The need for stainless steel crowns arises due to dental caries or tooth decay being one of the most common chronic diseases among children worldwide. As per the American Academy of Pediatric Dentistry, dental caries is five times more common than asthma in children. Thus, the rising incidence of tooth decay and dental issues among children is anticipated to drive the demand for effective restorative solutions such as stainless steel crowns.
The global stainless steel crowns market is estimated to be valued at US$ 1.5 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period of 2024 to 2031.
Key Takeaways
Key players operating in the Stainless Crowns Market are KIOXIA Corporation, Cypress Semiconductor Corporation (Infineon Technologies), SK Hynix Inc., SanDisk Corp. (Western Digital Technologies Inc.), Powerchip Technology Corporation, Samsung Electronics Co. Ltd., Intel Corporation, Yangtze Memory Technologies and Micron Technology Inc. These leading market players are focusing on new product launches and partnerships to strengthen their market positions.
There is high potential for market growth in developing regions due to rising incidence of tooth decay among children coupled with increasing expenditure on dental care. Market players can tap into these emerging opportunities through strategic expansion to Latin America, Asia Pacific and Middle East & Africa.
Global expansion remains a key focus area for stainless steel crown manufacturers. Leading companies are enhancing their international presence through mergers and acquisitions of regional players as well as setting up manufacturing facilities in high potential markets to cater to the local demand. This will help reduce trade barriers and supply chain issues.
Market Drivers
Increasing prevalence of dental caries among children: The rising incidence of tooth decay among children globally is a major growth driver for the market. As per the FDI World Dental Federation, worldwide 60–90% of school children and nearly 100% of adults have dental cavities. This high prevalence of dental issues necessitates the use of restorative solutions like steel crowns.
Better acceptance of stainless steel crowns over other restoratives: Stainless steel crowns are durable, cost-effective and offer long-term protection to weakened tooth structure as compared to other restorative solutions, thereby gaining traction among dentists and children patients alike.
Market Restrain
High costs associated with stainless steel crowns: The manufacturing costs of stainless steel crowns are relatively higher than other dental restoratives like composites, glass ionomers, etc. This price sensitivity restricts their adoption in cost-sensitive regions.
Lack of adequate oral health awareness: In many developing parts of the world, poor access to dental care and lack of oral healthcare education among parents limit timely diagnosis and treatment of dental caries, thereby negatively impacting demand for restorative products.
Segment Analysis
The dental stainless steel crowns segment currently dominates the market. Dental stainless steel crowns offer good aesthetics and strength at an affordable price point making them popular for restoring severely decayed baby teeth. They can be easily fitted on molars and premolars. Prefabricated stainless steel crowns are also gaining traction as they reduce chair-side time and costs of dentists.
The zirconium dioxide crowns segment is expected to grow at a high rate during the forecast period. Zirconium dioxide crowns offer superior durability, strength and aesthetics with their tooth-colored appearance similar to natural teeth. They are ideal for adult patients needing single crowns for anterior or posterior teeth. Their biocompatibility and natural look make them a preferred material, though they are more expensive than other options.
Global Analysis
North America currently dominates the stainless crowns market due to a large patient pool seeking dental care and availability of advanced dental technologies. The Asia Pacific region is poised to grow at the fastest rate during the forecast period. Rapidly developing economies in the region are investing significantly to improve healthcare infrastructure and access to dental services. Rising income levels are enabling more people to opt for superior aesthetic crown materials like zirconium dioxide. Government schemes are promoting dental tourism in countries like India and driving the demand for stainless crowns.
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