The global Dental Implants Market is likely to reach USD 6.81 billion by 2024, with a CAGR of 7.7% during the forecast period. Dental implants have wide application as anchors used for positioning of dental prosthesis such as dentures, bridges, or crowns. Dentists prefer these implants for replacements for missing teeth which are considered as long-term solutions with excellent results.
Boosting
the demand via oral rehabilitation is majorly performed by the prosthetics.
These involves restoring facial forms and oral function of patients. Patients
and dentists are readily accepting the implants since there are limitations of
removable prosthesis such as lack of natural appearance, discomfort and
requirement of maintenance. The major advantage of these implants is if the
prosthetics are mounted on dental implants, they do not affect soft tissues
with enhanced aesthetics, which will act as the driver to its growth.
Request Sample Copy of This Market Research @
https://www.millioninsights.com/industry-reports/dental-implants-market/request-sample
The
increase in the base population plays a vital role in the growth of the
segment. The development of diseases for tooth loss is mostly observed in the
geriatric population. Also, the aging population is expected to grow over the
next six years which will help to increase this segment.
According
to a survey done by American Association of Oral and Maxillofacial Surgeons, in
the US, more than 15 million people have bridges or crowns and over 30 million
people have missing teeth in one or both jaws. These factors will drive the
market in the coming years. Furthermore, the increase in number of road accidents
every year will also help the market to increase.
Companies
like Nobel Biocare Services AG are occupied in production of novel products,
which has helped in increasing the product portfolio, thus, providing more
product range for the end consumers which results in enhanced treatment. Though
dental implant treatments are costly, but are widely accepted resulting the
high rate of success rates.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/dental-implants-market
Titanium
metal generated revenue of USD 3.4 billion in 2016, owing to its flexibility
and versatility along with surgical placements. This metal is finds wide
application in dental implants because of its advantages such as high bone
bonding ability and high biocompatibility. Also, it acts an alternative for
tooth replacement.
Zirconium
is estimated to grow with highest CAGR over the forecast period owing to
benefits such as noncorrosive property. Besides, the dark colored zirconium
cannot be seen through the gums, which makes it patient compliant.
Regional Insight
Europe
held the largest market share in 2016, since the base population is more. The
European Commission reported that by 2020, one fourth of population will be
aged over 60 years of age, therefore, this will help to drive the market.
Moreover, Europe is considered for dental tourism as a cost-effective region,
which is anticipated to serve as a high impact driver. The increase in
healthcare spending also supports the growth of the industry.
Asia
Pacific is identified as region with highest CAGR of over 10.0% owing to
increasing base of population with tooth (or teeth) loss in many countries.
Furthermore, increasing disposable income in this region will also contribute
towards the growth. North America is also anticipated to hold significant
market share because of its sophisticated infrastructure coupled with increased
disposable income.
Competitive Insights
Some
of the key players of this market include BioHorizons IPH, Inc., Nobel Biocare
Services AG.; Institut Straumann AG; DENTSPLY Sirona; OSSTEM IMPLANT ,Zimmer
Biomet Holdings, Inc.; Bicon, LLC; KYOCERA Medical Corporation; Leader Italy;
Anthogyr SAS; DENTIS., DENTIUM Co., Ltd.and T-Plus Implant Tech. Co.
The
major strategies of these companies are mergers and acquisitions with other
companies. Moreover, increasing venture capital investments and new product
development due to growing economic stability in both developed and developing
regions are some of the other strategies undertaken by these players.
Comments
Post a Comment