Sales of Dental Implants Market Higher Growth Rate & Forecast 2019 - 2027

According to Transparency Market Research's latest report on the global dental implants market for the historical period 2017-2018 and forecast period 2019-2027, increasing incidence of dental caries, and rowing preference for dental implants over dental procedures are projected to drive the global dental implants market during the forecast period

Research Report: https://www.transparencymarketresearch.com/dental-implants-market.html

According to the report, the global dental implants market was valued at US$ 4.08 Bn in 2018 and is anticipated to expand at a CAGR of 7.1% from 2019 to 2027.

Increasing Incidence of Dental Caries: Key Drivers

Despite extraordinary achievements in the global population's oral health, dental problems continue to plague several communities all over the world. Dental caries is still a major oral health issue observed in most industrialized countries, affecting 60-90% of schoolchildren and a vast majority of adults.

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According to a 2016 WHO report, 60-80% of school children and nearly 100% of adults in the world have dental plaques and cavities, often leading to severe pain and discomfort. Besides the changing lifestyles, the growing geriatric population, and subsequently number of cases of tooth loss, dental cavities, and a variety of periodontal conditions are primary drivers of the global market. For example, in 2010, approximately 160 million people were estimated to be edentulous, which accounts for 2.3% of the global population.

According to the World Health Organization (WHO), it has been projected that the global elderly population, which was around 524 million in 2010, is expected to reach around 2 billion by 2050, growing rapidly in developed countries such as Italy, Germany, the U.K., the U.S., and Japan. According to the U.S. census bureau, around 40 million people in the country belonged to the elderly category in 2011. Around 89 million people are estimated to be above 65 years of age by 2050. This augments the demand for dental implants.
Thus increasing Incidence of dental caries is likely to boost the dental implants market during the forecast period

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Growing Preference for Dental Implants over Dental Procedures to Boost Market Growth

Dental implants are artificial tooth roots made of materials such as titanium or zirconium that could be inserted into the jaw. They not only allow the replacement of the missing tooth for cosmetic and practical reasons, but also preserve the jaw structure by preventing bone resorption or atrophy. Compared to conventional fixed bridges or dentures, they require no grinding down of healthy neighboring teeth, do not cause discomfort when eating or speaking, and are long-lasting with a natural appearance.

The preference for dental implants as a treatment option over conventional devices such as crowns, bridges, or dentures is therefore unsurprising. Several people across the world have false teeth or bridges, but dental implants are a relatively new technology. However, a rapid uptake of these procedures is anticipated in the future.

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High Cost of Dental Implant Procedure to Hamper Market

Implants are a long-term solution to replacing lost teeth, but they're not inexpensive. No two patients or their customized dental implant treatments are exactly alike, so the number of appointments, procedures, and costs vary accordingly.

Practitioners charge US$ 3,000 to US$ 4,500 for a single tooth. Most dentists refer patients to oral surgeons, periodontists, or prosthodontists. The average cost of dental implants procedure in the U.S. is around US$ 5000, which includes the out-of-pocket cost for the implant itself, the abutment, crown, and surgery. In the UK, the average out-of-pocket price is around US$ 4079.32, although implants can sometimes be covered by the NHS in Europe. In Australia, the same dental implants will cost about US$ 1620.65.

Asia is price-sensitive and displays inhibitions with respect to investing in dental implants, which are often only affordable to the elite population, therefore offering a comparatively smaller market.

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