Product Description
Overall, Columbia’s dental prosthetics market was valued at over $132 million in 2023. This is expected to increase over the forecast prior at a CAGR of 5.1% to reach nearly $188 million.
The full report suite on the Colombian market for dental prosthetics includes crowns and bridges, dentures, denture teeth, computer-aided design/computer-aided manufacturing (CAD/CAM) prosthetics, inlays and onlays, and veneers.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2030, and Historical Data to 2020
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- COVID-19 Impact on the Digital Dentistry market
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
COLUMBIA DENTAL PROSTHETICS MARKET TRENDS
Colombia places a strong emphasis on domestic production, particularly in low-tech consumables. However, its medical device market remains heavily reliant on imports. Efforts to simplify the tariff rate schedule have been complicated by Colombia’s numerous economic integration agreements, leading to overlapping tariff applications. For instance, a product might face over ten different duty rates depending on its origin within the Andean Community, the Latin American Integration Agreement, or the Caribbean Community. Conversely, products from the U.S. that meet the criteria of the U.S.-Colombia Trade Promotion Agreement (TPA) can enter the market duty-free. These tariff complexities pose significant challenges for international manufacturers aiming to establish a presence in Colombia.
COLUMBIA DENTAL PROSTHETICS MARKET SHARE LEADERS
The dental prosthetics market in Colombia is highly fragmented, characterized by a wide array of competitors contributing to its diversity. While the exact number of dental laboratories in the region is unknown, the sheer volume of participants underscores the market’s decentralized nature. Notably, no single competitor holds a dominant position.
Many laboratories in Colombia enhance their market value by outsourcing work from countries with higher labor costs. This strategy allows them to capitalize on cost advantages and remain competitive in a dynamic market. A detailed competitive analysis of the denture teeth market is provided in a subsequent section.
MARKET SEGMENTATION SUMMARY
- Crown and Bridge Market – Includes:
- Prosthetic Type: Crown (full-cast, non-precious PFM, semi-precious PFM, precious PFM, all-cermanic), Bridge (full-cast, non-precious PFM, semi-precious PFM, precious PFM, ceramic)
- Material Type: Full-cast, PFM, All-ceramic
- Denture Market – Includes:
- Prosthetic Type: Full (premium, standard, economy), Partial (cast metal, acrylic, flexible)
- Denture Teeth Market – Includes:
- Grade*: Premium, standard, economy
- Material Type*: Acrylic, porcelain
- CAD/CAM Prosthetics Market – Includes:
- Composite Resin: Crown and bridge, inlay and onlay, veneer, denture
- Setting*: In-lab, chariside
- Inlay and Onlay Market – Includes:
- Material Type: Gold, zirconia, ceramic, and composite resin
- Veneer Market
*indicates a unit analysis only.
Research Scope Summary
Report Attribute | Details |
---|---|
Region | Latin America (Columbia) |
Base Year | 2023 |
Forecast | 2024-2030 |
Historical Data | 2020-2022 |
Quantitative Coverage | Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
Qualitative Coverage | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |