Dental Implants Market Booming with Rapidly Growing Industry Size by Exceeding over $5.9 Bn till 2023
Global Dental Implants Market Trend: Information by Type of Material (Titanium and Zirconium), Procedure (Root-Form Dental Implants and Plate-Form Dental Implants), by End User (Hospitals & Clinics and Dental Research Laboratories) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2023
Dental implant is a procedure where the jawbone gets a new set of titanium post, which gets surgically implanted right below the gum. This acts like replacement for tooth root and it can secure tooth or a bridge that gets inserted as a replacement. The Dental Implants Market Sizecan secure 4.6% CAGR over the review period of 2016 to 2023 and Market research Future (MRFR) avows that this would witness further innovations that would tailwind the growth and Dental Implants Market Trend surpassing the estimated valuation of USD 5944.5 million by the end of 2023.
The market for dental implants can be assured of a growth by various impacts like periodontal disease cases, disfiguring in teeth, brittle teeth, and growing tilt towards aesthetic upliftment. Better technological integration can also impact the global market. However, high cost of the procedure can detract the market from its normal path.
Dental Implants Market Competitive Landscape:
The market for dental implants is witnessing strong tailwinds as several players are launching in their strategic moves to inspire better market growth. These companies have been reviewed by MRFR for a simpler understanding of how the market would work in the future. Several companies have made it to the list. They are 3M (US), Institut Straumann AG (Switzerland), Nobel Biocare (Part of Danaher Corporation) (US), Osstem Implant (South Korea), Zimmer Biomet (US), Dentsply Sirona (US), Neobiotech USA. Inc. (US), CAMLOG Biotechnologies AG (Switzerland), and others.
In September 2019, UConn and PREAT Corporation put up their product Bidra Conversion Smart Polishing Cap that would solve the problem regarding fabricating dental prostheses that has the chances of damaging the structure of the patient’s mouth. The new product would use an acrylic resin that would prevent direct contact of the implant with other components to prevent abrasion. In fact, it will also help in reducing the possibility of soft tissue damages. The product is an invention of Dr. Avinash Bidra, which was then bought by UConn and PREAT for commercial production in 2017.
Dental Implants Market Segmentation:
Procedures, materials, and end-users are prominent segments that can be found in the dental implant market report published by MRFR. This intense realization of factors that can impact the understanding of the market and take the that forward.
By procedures, the market for dental implants includes comprises plate-form dental implants, root-form dental implants, and other.
By materials, the dental implants market comprises titanium implant, zirconium implant, and other. The Titanium implant has the upper-hand in the market.
By end-users, the market for dental implants comprises dental hospitals & clinics market, dental research laboratories, and other.
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Dental Implants Market Regional Analysis:
North America, Europe, and Asia Pacific (APAC) have better infrastructure owing to which the growth can be substantial. However, Latin America and Middle East & Africa (MEA) can record moderate market growth.
North America has the better market coverage owing to their superior infrastructure that is also a qualitative feature of Europe. These two regions are known for their substantial market contribution and that is ever-growing in sync with their increasing funding for various research and development sector. A large patient pool in these regions can also provide thrust to the global market. North America has almost 37.6% share of the global market. The region is getting impacted by the US, and Canada. Mexico’s contribution is substantial as well.
Europe’s market is the fastest growing one and countries like Germany, France, the UK, and others are expected to contribute much. Hungary is also expected to make notable contributions. The country is developing its healthcare sector as a medical hub for dental care where people from all over the world are coming to have dental treatments at a low cost.
The APAC market is expected to make major contributions using their huge population. Various emerging economies like India, China, Thailand, and others are providing better growth opportunities to the market by letting in foreign players and better technologies. The MEA market is expected to register a moderate growth as African Poor economies could pull the market down.