Implementation of Dental Reforms to Act as High-Impact Driver for Dental Bone Graft Substitutes and Other Biomaterials Market

The competition within the global dental bone graft substitutes and other biomaterials market continues to be intense due to the constant rivalry between DENTSPLY International, Zimmer Holdings Inc., and Institut Straumann AG, finds a report by Transparency Market Research (TMR). These three companies collectively accounted for a share of nearly 60% of the overall market in 2013.

To sustain in this competitive environment, leading players are opting for long-term sales contracts with end users to attain more visibility and enhance their market presence. New entrants, on the other hand, will need to collaborate with established players in order to gain a foothold in this market.

View exclusive Global strategic Business report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1824

Introduction of Treatment Packages to Ease Financial Burden associated with Dental Care

A number of dental reforms have been initiated by various government across the world. They are also introducing treatment packages in order to ease out the financial burden on the general public when it comes to maintaining their dental health.

In 2012, the U.S. introduced The Comprehensive Dental Reform Act - 2012, which has increased reimbursement options, created new access points, and is providing capital support to new research in the field of dental consumables. Similarly, the government of Australia has recently announced to introduce a dental reform package of US$4.1 bn. Germany also boasts of a healthcare system where nearly 88% of its overall population enjoy statutory health insurance, known as sickness funds. Under this insurance policy, the government provides free basic dental services along with several other advanced options such as orthodontics, and crowns and bridges.

With these dental reforms and treatment packages, the access to expensive dental treatments has improved, which is likely to drive the demand for dental bone grafts substitutes and other biomaterials across the world.

Strict Government Regulations and Lack of Favorable Reimbursement Environment to Hamper Demand

“While the implementation of these reforms is presenting potential growth opportunities for the dental bone graft substitutes and other biomaterials market, strict government regulations for medical devices in several nations is creating obstructions in its progression,” says the lead analyst at TMR.

The lack of a favorable reimbursement environment in a number of economies is also limiting the demand for dental bone graft substitutes and other biomaterials, which is expected to impact the market severely in the coming years.

Europe to Continue Leading Demand for Dental Bone Graft Substitutes and other Biomaterials

As per TMR’s report, the global market for dental bone graft substitutes and other biomaterials is expected to present an opportunity worth US$884.3 mn by 2020. The market stood at US$456.1 mn in 2013 and is estimated rise at a healthy CAGR of 10.60% during the period from 2014 to 2020.

Europe led the global market in 2013 with a share of more than 40%. The region is expected to remain dominant through the forecast period, despite a reduction in its share in the global market. Asia Pacific, on the other hand, is likely to witness significant growth in the demand for dental bone graft substitutes and other biomaterials, registering a CAGR of 11.70% over the forecast period.

Natural dental bone graft substitutes and biomaterials will continue to lead the demand in the market over the next few years, states the report.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”

The global market for bone graft substitutes and other biomaterials is segmented into:

By Material

Natural
Allografts
Demineralized freeze dried bone allograft
Freeze dried bone allograft
Fresh frozen bone
Xenografts
Freeze dried bone xenograft
Demineralized freeze dried bone xenograft
Ceramics
Hydroxyapatite
Tricalcium phosphate
Biphasic calcium phosphates
Others
Composites
Collagen/ceramic composite
Bioactive glass
Polymers
Polymethylmethacrylate
Polyhydroxyethylmethacrylate
Detail3
By Geography

North America
Natural
Ceramics
Composites
Polymers
Europe
Natural
Ceramics
Composites
Polymers
Asia Pacific
Natural
Ceramics
Composites
Polymers
Rest of the World (RoW)
Natural
Ceramics
Composites
Polymers

Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.