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Top Market Shifts Transforming the Dental Bone Fixation Kits Market Landscape: Key Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Dental Bone Fixation Kits Market Through 2025?
In recent times, the market size of dental bone fixation kits has experienced significant expansion. It is projected to rise from a value of $1.94 billion in 2024 to $2.12 billion in 2025, equivalent to a Compound Annual Growth Rate (CAGR) of 8.9%. The surge in growth during the historic period is linked to several factors such as the escalating occurrence of dental illnesses, increasing elderly population, heightened awareness about dental health, the burgeoning demand for cosmetic dentistry, and a rise in the need for dental implants.
What's the Projected Size of the Global Dental Bone Fixation Kits Market by 2029?
The market size for dental bone fixation kits is projected to witness substantial growth in the forthcoming years, escalating to $2.95 billion in 2029, with a compound annual growth rate (CAGR) of 8.6%. This expansion during the forecast timeframe is due to factors like the surge in dental tourism, increasing demand for cosmetic dentistry, rise in disposable income, expansion of dental clinics, and the acceptance of minimally invasive techniques. Key trends expected to shape the forecast period include technological innovations, regulatory clearances, reimbursement schemes, emerging markets, and environmental sustainability.
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Top Growth Drivers in the Dental Bone Fixation Kits Industry: What's Accelerating the Market?
The escalating incidence of dental conditions is anticipated to fuel the expansion of the dental bone fixation kits market. Dental conditions comprise a broad array of disorders impacting the teeth, gums, and other oral regions. These range from minor discomfort to significant health complications that, if neglected, could result in tooth loss, gum damage, or systemic health issues. These conditions are on the rise due to various factors, like inadequate oral cleanliness, dietary practices, lack of awareness, along with limited access to dental services. Dental bone fixation kits aid in the stabilization and support of fractured or compromised dental structures, allowing for proper healing and rejuvenation. For instance, the 2022-23 Annual Report by the National Health Service, a publicly funded healthcare system based in the UK, reported in August 2023 that 16.4 million adults and 5.6 million children were seen by NHS dentists in the year leading up to June 30, 2022. Furthermore, there were 26.4 million courses of treatment provided in 2021-22, a surge of 120.0% from the preceding year. Consequently, the escalating incidence of dental conditions is stimulating the expansion of the dental bone fixation kits market.
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What Trends Will Shape the Dental Bone Fixation Kits Market Through 2029 and Beyond?
In the dental bone fixation kits market, major businesses are expanding their product portfolios and market reach through strategic partnerships. The notion of strategic partnerships is one where companies utilize each other's strengths and resources to reap reciprocal benefits and achieve shared success. For example, in July 2022, Envista Holdings Corporation, a medical equipment manufacturer based in the US, entered into cooperation with Dentalcorp, a healthcare company from Canada. The purpose of this alliance is to elevate dental care standards by employing Envista's advanced dental technologies and products, thereby equipping Dentalcorp with premium equipment and resources to improve patient care.
What Are the Main Segments in the Dental Bone Fixation Kits Market?
The dental bone fixation kitsmarket covered in this report is segmented -
1) By Type: Plates, Screws, Wires, Pins, Cages
2) By Material: Titanium, Stainless Steel, Polyetheretherne (Peek), Hydroxyapatite
3) By Indication: Orthognathic Surgery, Craniofacial Surgery, Maxillofacial Surgery, Dental Implant Placement, Bone Grafting
4) By End-User: Hospitals, Dental Clinics, Ambulatory Surgical Centers, Academic And Research Institutions
Subsegments:
1) By Plates: Titanium Plates, Stainless Steel Plates, Resorbable Plates
2) By Screws: Self-Tapping Screws, Non-Self-Tapping Screws, Resorbable Screws
3) By Wires: Stainless Steel Wires, Titanium Wires, Resorbable Wires
4) By Pins: Kirschner Pins (K-Pins), Steinmann Pins, Resorbable Pins
5) By Cages: Titanium Cages, Polyetheretherne (PEEK) Cages, Resorbable Cages
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Which Top Companies are Driving Growth in the Dental Bone Fixation Kits Market?
Major companies operating in the dental bone fixation kits market are 3M Company, Medtronic plc, Stryker Corporation, Dentsply Sirona Inc., Straumann Holding AG, Nobel Biocare Services AG, Karl Leibinger Medizintechnik GmbH & Co. KG, BioHorizons Inc., Hiossen Inc., Salvin Dental Specialties Inc., Osteogenics Biomedical Inc., Impladent Ltd., NovaBone Products LLC, S.K. Surgicals, Avtec Dental LLC, DoWell Dental Products Inc., DSI Dental Solutions Ltd., Global Dental Transfer GmbH, KB Dental Products LLC, Oraltec Ltd., Sabra Dental Products Inc.
Which Regions Will Dominate the Dental Bone Fixation Kits Market Through 2029?
North America was the largest region in the dental bone fixation kits market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental bone fixation kits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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