Press release
North America Dental Implant Market to Grow at a CAGR of 2.8 % During the Forecasted Period 2018-2023
North America dental implant market to grow at a CAGR of 2.8 % during the forecasted period 2016-2023. US commands the largest market share of 73 % of North America dental implant market. The market for US was valued at USD 1247.0 million in 2016 and expected to reach at USD 1479.0 million by 2023.Dental implants are the artificial tooth root which provides support to a tooth. It is an ideal option for the people who have lost their tooth due to any reason including disease, an injury, or some accident. 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.
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Dental implants as an option are for those people who have lost tooth/teeth as a result of a periodontal diseases or an injury. More than 35 million Americans are missing all their teeth in one or both jaws. Growing aesthetic awareness amongst people is the major factor for the growth of this market. Dental implants are considered the only restorative technique that preserves and stimulates natural bone thus it is most widely used technique. US is the major contributor for the market due to a huge population having dental problems.
North America dental implant market is segmented on the basis of type of material into titanium and zirconium. On the basis of procedure they are segmented as root-form dental implants and plate-form dental implants. On the basis of end user they are hospitals and clinics and dental research laboratories. And on the basis of region they are segmented into US and Canada.
North America dental implant market is increasing at a steady rate. US commands the largest market share in 2016 which is expected to reach USD 1479.0 million by 2023 from USD 1247.0 million in 2016. Canada has the fastest growing dental implant market in North America, at a CAGR of 2.8 % during the forecast period from 2016- 2023. Titanium accounted for the largest market share of dental implant market, by type of material which is expected to reach till USD 1498.4 million by 2023. Zirconium commands the fastest growing segment which is expected to grow at a CAGR of 4.3 % during forecasted period from 2016 -2023.
Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What is driving this market?
What are the key market trends?
What are the challenges to market growth?
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North America dental implant market statistical report published by Market Research future contains a brief overview of lancet market. US commands the largest share and is expected to grow continuously during the forecasted period of 2016-2023. The report analyzed the North America dental implant market and presents systematic data of market share on the basis of country, type, and industry and its growth rate for 2015 to 2016, along with forecast till 2022.
Market Research future through this report aims to provide understanding of the North America dental implant market on the basis of country, type, and industry and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of North America dental implant market.
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