Press release
Dental Implant Market USD 5,944.5 Million By 2022; Declares MRFR
The Market Research Future published a Cooked research report on “Global Dental Implant Market Research Report - Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Key Players: nstitut Straumann AG (Switzerland), 3M (US), Osstem Implant (South Korea), Nobel Biocare (Part of Danaher corporation)(US), Dentsply Sirona (US), Zimmer Biomet (US), CAMLOG Biotechnologies AG (Switzerland), and Neobiotech USA. Inc. (US) are some of the prominent players at the forefront of competition in the Global Market of Dental Implants and are profiled in MRFR Analysis.
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Dental Implant Global Market – Overview
The Global Dental Implant Market is growing with the rapid pace mainly due to the burgeoning Healthcare Industry. According to a recent study report published by the Market Research Future, The global market of Dental Implant is booming and expected to gain prominence over the forecast period. The global Dental Implant market is estimated to accrue enormously up to USD 5,944.5 Million by 2022 with a striking CAGR of ~4.6 % during 2016 and 2022.
The global market for Dental implants is predominantly driven by the paramount concerns of oral healthcare. The Market is growing rapidly owing to various factors like, increasing geriatric Populace and increasing awareness about oral health. Medical devices manufacturers are developing new and innovative products to provide more advance solutions to the dental professionals. Cosmetic dentistry treatment market is growing rapidly owing to the desire to enhance beauty and cavities. It is niche market and growing steadily. In the developed countries such as US & UK, the cost of dental implants is quite high which in turn fuels the market growth of medical tourism in developing economies such as India, Malaysia etc. Additionally, social and cultural factors such as influence of media, fashion and film industry, peer pressure for appearance and beauty, changing dimensions of beauty etc. are providing impetus to the market growth.
On the other hand, inadequate reimbursements for dental implants surgery may pose a challenge to the market growth of dental implants.
Dental implants are replacement of tooth roots. A dental implant is a metal post mainly made up of titanium or zirconium which is surgically positioned into the jawbone beneath the gums. Once these implants are placed into the jawbone, they allow the dentist to mount the replacement teeth over them. The dental implant acts like an artificial root into the jaw so as to hold a replacement tooth or a bridge and it does not affect nearby teeth. Dental implants as an option are for those people who have lost tooth/teeth as a result of a periodontal diseases or an injury. As a result of extensive research in this area, dental implants are now considered to be a safe and effective way to replace the appearance and function of missing teeth.
Recently, around the mid-September 2017, China successfully accomplished world’s first ever dental implant. A robot system named Yomi designed to assist human surgeons when fitting implants was approved by the US Food and Drug Administration in March 2017. Yomi, world’s first ever robot dentist installed two dental implants for a woman Human doctors supervised the whole procedure but did not actively took part in.
Emergence of Robotic Dental Surgery or Automated Dental Implant has added a new paradigm in to dental world. Now robots will be operating at the dentist clinic. Dentistry has increasingly enlisted the help of robotics, with robot usage increasingly common in orthodontic procedures and root canal surgeries, as well as in student training. Robots can safely conduct dental surgeries like implantations with more accuracy and agility in a narrow space like the oral cavity. Successful Robotic Dental Implant fuels the conviction that the technology could avoid problems caused by human error and help overcome shortage of qualified dentists.
Dental Implant Global Market – Competitive Analysis:
Characterized by the presence of well-established players; Dental Implant market appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position. Vendors are focusing on improving their market performance and are expanding by acquiring promising companies in the fast-growing markets. Marketers employ a continuous improvement strategy to analyze and update the software, implementing improvements and launching new technologies to meet the changing needs of consumer. These manufactures develop a well-established infrastructure that allows seamless implementation of advanced technologies. They strive to develop unravel design and adept technology Heavy investments are transpired in R&D sector from the major players which is in turn helping the market to grow.
In view of growth and immense revenue generation opportunities potential that market is currently demonstrating is in turn attracting several new players to enter the market. However, those new entrants find it challenging to survive in the market with the introduction of new technologies.
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Dental Implant Global Market – Segments:
The Dental Implant Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Procedure : Comprises Root-form dental implant, Plate-form dental implant, and other.
Segmentation By Type of Material : Comprises Titanium Implant, Zirconium Implant, and other.
Segmentation By End User : Comprises Dental Hospitals & Clinics Market, Dental Research Laboratories, and other.
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Titanium Dental Implant segment holds the largest share of the market.
Dental Implant Global Market – Regional Analysis
Considering the global scenario of the market, North America region is believed to be the largest market for Dental Implants. North America holds the largest market share 37.6% of global dental implant market. Moreover the European market is also growing and second largest market for Dental Implants. Globally, Asia-Pacific are expected to be fastest growing region and is anticipated to grow at the rate of ~7.2% during the forecast period. Middle East and Africa is likely to have a limited but steady growth in the market.
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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