Dental implants are replacement of dental structures such as teeth, bone and others resulting from periodontal diseases or trauma. The global dental implants market is expected to generate a CAGR growth of ~4.6% during the forecast period of 2016 to 2022 to touch approximately USD 5,944.5 million.
The demographic drivers of the dental implants market are increasing geriatric population, growing awareness, and increase in risk factors generating demand such as consumption of fat and sugar rich foods and others. According to estimates of American Dental Association, approximate 52.3% of adults visited the dentist every six months, and 15.4% per year, in 2015. Thus a large market for dental implants is easily comprehended.
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Technical drivers of the market include development of stronger, biocompatible and bio absorbable materials with better osteo-integration properties, development of zirconium alloys, CAD/CAM technology and others. Aesthetically better materials resembling natural teeth has generated larger demand for cosmetic dentistry.
Key Players for Global Dental Implants Market
The key players profiled by MRFR in its latest report for a deeper insight into the market forecast include
- Institut Straumann AG (Switzerland),
- Osstem Implant (South Korea),
- Dentsply Sirona (US),
- CAMLOG Biotechnologies AG (Switzerland),
- 3M (US),
- Nobel Biocare (Part of Danaher Corporation)(US),
- Zimmer Biomet (US), and,
- Neobiotech USA. Inc. (US) among others.
The growth strategies employed by the prominent players for catalyzing their revenue generation include competitive pricing, adoption of latest technology, post-surgical care, etc.
The global dental implants market is ripe with acquisitions and mergers. The acquisitions and mergers strategy is aimed at cornering all technology and product lines of start-ups and small players and avoiding the development times and specialised skill.
Industry Developments:
BIOLASE Inc., which is a company that develops, manufactures, markets, and sells laser systems in dentistry and medicine has BIOLASE User Community Initiative for promoting the use of laser in dental practices such as implants.
Segments for Global Dental Implants Market
The market has been dissected into material type, procedure type, end user and regions to generate a better assessment of the market potential and equity.
Material type – titanium dental implants, zirconium dental implants and others. Titanium implant account for the largest market share in 2016 by material type.
Procedure type – plate-form dental implant, root-form dental implant, and others.
End user – dental research laboratories, dental hospitals & clinics market, and others.
Regional Analysis for Global Dental Implants Market
By region, the market has been segmented into North America, Europe, Asia Pacific, and, Rest of the World (RoW). North America market will generate the highest share of market revenue owing to the advancements witnessed in the oral healthcare industry. The region will captivate 37.6% of the market size across the projection period. Growing awareness about aesthetics is the primary driver of the market in this region. Furthermore, increasing count of facial injuries will catalyze the market expansion in the region.
Europe market will proliferate at a steady pace throughout the assessment period owing to factors such as increasing count of elderly people, rising incidences of oral diseases, etc. Moreover, the growth strategies employed by the top-notch players will intensify the competition in the market leading to an escalated rate of market growth in the region.
Asia Pacific market holds potential for growth and Dental Implants Market will expand at the highest CAGR of 7.2% over the next couple of years. The established healthcare sector in emerging economies such as India and China will complement the growth of the market in the region. Japan will play an important role in the growth of Asia Pacific market due to booming healthcare sector coupled with increasing healthcare expenditure. The Middle East & Africa market will grow but at a slow pace due to minimum market penetration, sub-standard healthcare sector, poor economic conditions, etc.
Related Report:
Dental Prosthetics Market information, by Type (Denture, Crown, Bridges, Veneer, Abutment, Inlays), By Type of Material (Porcelain-fused-to-metal (PFM), Metal, All ceramic, and others), by End User (Dental Hospitals & Clinics Market, Dental Research Laboratories) – Forecast to 2023
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