Dental Implants Market Size By Product (Tapered Implants, Parallel Walled Implants), By Material (Titanium, Zirconium), By End-use (Hospitals, Dental Clinics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Israel), Application Potential, Competitive Market Share & Forecast, 2018 - 2024
Dental Implants Market will exceed USD 5.2 billion by 2024; as per a new research report.
Rising number of people with missing tooth will lead to high adoption of dental implants over the forecast period. Increasing dental problems such as either single, multiple or complete loss of teeth as a result of smoking, high sugar intake or old age should augment demand for dental implants in near future. For instance, based on a survey by American College of Prosthodontists, about 178 million U.S. population are missing single tooth whereas 40 million of them are completely edentulous. Hence, rising edentulous population coupled with increasing risk factors will assist market growth during upcoming years.
Expanding geriatric population base that is highly vulnerable to suffer from tooth loss will spur the demand for dental implants. Growing age increases the risk of losing teeth due to poor & weak oral health. Moreover, poor eating habits contribute to rise in risk factors for missing tooth. Hence, rapid rise in number of baby boomers should foster market growth over the projected period.
Advancement in implant dentistry technology will favor business growth owing to high efficacy and precision of implant treatment. For instance, CAD/CAM technologies offer improved imaging of patients’ oral cavity that assists in accurate placement of the dental implant will result into high success and accuracy rate, thereby significantly increasing adoption of dental implants.
Tapered dental implants market accounted for USD 2,895.5 million in 2017 and is estimated to grow at a remarkable rate over the forecast period. Growth is attributable to benefits such as laser-lok surface technology and primary stability. Tapered implants possess anatomically tapered implant body. Moreover, high wear-out rate of dentures and bridgework will result in more preference for tapered implants.
Dental clinics business segment accounted for 60.8% segmental share in 2017 due to increased number of clinics in developing countries in recent years. Extensive outreach and treatment of vast range of dental disorders cater to large number of patient population. In addition, growing burden of oral disorders coupled with favorable reimbursement policies in some countries will stimulate segmental growth during the forecast timeframe.
U.S. dental implants market valued USD 1,159.1 million in 2017 and is forecasted to grow at a high rate over the projected period. Dental implants are being widely accepted and adopted across U.S. geriatric population. Growing dental patient pool in America is undergoing implant dentistry and similar trend is projected to continue throughout forecast period. Moreover, availability of technologically advanced products resulting into high success rate of procedures will increase industry growth in near future.
Germany dental implants market held for 18.4% revenue share in 2017 and will show robust market growth throughout forecast period. High quality implants are available at affordable rates in Germany. Dental tourism and availability of dental experts in the country will drive increase in the market of Germany dental implants. Furthermore, presence of established market players across the nation should favor industry growth in upcoming years.
Few of the prominent market players involved in global dental implants market are Dentsply Sirona, Danaher Corporation, Institut Straumann AG, Zimmer-Biomet, Glidewell Laboratories, Osstem Implant, BioHorizons, ADIN Dental Implants Systems, Henry Schein, Biotech Dental, A.B. Dental Devices Ltd., Avinent Implant Systems, CAMLOG Biotechnologies AG, Bicon LLC and Cortex Dental Implants Industries Ltd. Major industry players are focusing on strategic collaborations and partnerships to improve market position. For instance, in January 2015, Henry Schein Dental and A-Dec signed a partnership agreement to expand distribution of A-Dec’s dental products. This strategy will strengthen the firm’s distribution channel, thus increasing customer base.