Press release
Dental Implants Market: is registering a healthy CAGR between 2016 and 2024
The global dental implants market is expected to witness substantial growth in both developed and developing countries due to the growing population and unmet medical needs. Changing perception of individuals about oral care with changing economic conditions is leading to an increased uptake of dental implants for oral health and aesthetic reasons.
Dental implants are considered to be the most preferred treatment option for individuals who have lost their tooth/teeth due to injury, periodontal diseases, or some other condition that seeks replacement of natural tooth. According to data released by the Centers for Diseases Control and Prevention (CDC), 47.2% of the population in the U.S. above the age of 30 years suffers from some form of periodontal disease.
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Acting as barriers to the growth of this market are the high cost of dental implants and strict guidelines for the manufacture of innovative products.
A report by Transparency Market Research estimated the global dental implants market to be worth US$3.60 bn in 2016. The market is anticipated to attain a value of US$6.54 bn by 2025 expanding at a CAGR of 6.9% from 2017 to 2025.
Endosteal Implants Expected to Stay in Lead in Future
The global dental implants market is segregated into endosteal implants, transosteal implants subperiosteal implants, and intramucosal plants based on product type. Of them, endosteal implants led in 2016 with more than 80% of the market revenue-wise. The segment is expected to rise at a significant pace over the report’s forecast period. As per a report released by the American Academy of Periodontology, endosteal implants are the most widely used among all types of dental implants.
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The segment was followed by subperiosteal implants that held 9.5% of market share in 2016. These implants are used for individuals with thin jawbone structure and each implant is unique. These implants are custom-made based on the CT scan of the jaw of the patient. On the other hand, transosteal and intramucosal held meagre shares of 4.0% and 1.6% respectively in 2016. The market share of these implants is expected to further decline over the forthcoming years.
On the basis of material, the market for dental implants has been classified into titanium implants and zirconium implants. The segment of titanium implants dominated the market in 2016. This is because titanium is suitable for a number of implantable products such as dental implants, reconstructive joint replacement products, spinal implants, and cardiovascular implants among others. Moreover, titanium displays properties of extreme toughness, light weight, high tensile, corrosion resistance, and ability to withstand high temperatures that make them highly suitable for implantable products.
In terms of end-use, the segments into which the global dental implants market is classified are hospitals, dental clinics, academics and research institutes, and others. Among these, dental clinics led in 2016 holding over 60% of the market in terms of revenue. The segment is expected to stay in the lead over the forecast period between 2017 and 2025. This is mainly because dental clinics are highly preferred among patients for carrying out dental treatments for their pleasing environment. In coming years, the segment of dental clinics is expected to receive a significant boost from emerging parts of the world with increasing demand for private clinics.
Robust Healthcare Infrastructure Makes Europe Global Market Leader
The regions into which the global dental implants market is divided in this report are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe is expected to hold on to its lead position between 2017 and 2025. The development of implant dentistry in the region makes it the most advanced and leading market for dental implants.
North America, driven by the U.S., is the second-leading market for dental implants globally. According to a report published by the American Academy of Implant Dentistry, 45 million senior citizens in the U.S. are likely to need one or two dental implants by 2020.
Some of the prominent names operating in the global dental implants market profiled in the report are Straumann Holding AG, Dentsply Sirona Inc., Henry Schein Inc., Zimmer Biomet Holdings Inc., 3M Health Care, Danaher Corporation, Ivoclar Vivadent AG, AVINENT Implant System, Osstem Implant Co. Ltd., and S.L. Bicon LLC.
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