Dental Implants Market t is anticipated to grow at a CAGR of 6.7% from 2020 to 2030.
Market Industry Reports (MIR) has published a new report titled “Dental Implants Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global dental implants market was valued at over US$ 4.2billionin2019. The market is anticipated to grow at a CAGR of 6.7% from 2020 to 2030.
The market growth can be attributed to several factors, which have led to its wide-scale adoption. Incessantly growing cases of tooth decay and periodontal diseases, increasing dental injuries in the accidents, growing geriatric population and corresponding age-related dental diseases, increasing willingness to adopt dental cosmetic surgery, and rising number of implant placing dentistsare some of the key factors that are expected to drive the market in the coming years.New product developments and innovations in existing products are also likely to open new avenues for the global dental implants market during the forecast period. However, the limited reimbursements for dental implants surgery and the high cost of dental implants are likely to restrain market growth to a certain extent.
Prominent players are focusing on new product development and innovation to strengthen their product portfolio and widen their customer base. For instance, in January 2018, Thommen Medical launched the Thommen 3.0 Implant System. Additionally, in September 2018, Dentsply Sirona introduced Azento Single tooth replacement in the U.S.
Growing cases of periodontal diseases and tooth decay have led to increasing demand for dental implants at hospitals. According to findings from the Centers for Disease Control and Prevention report, 47.2% of adults aged 30 years and older have some form of periodontal disease. Furthermore, periodontal disease increases with age, 70.1% of adults 65 years and older have periodontal diseases, this in turn is expected to support the growth of the market over the forecast period.
Browse key industry insights spread across 180 pages with market data tables & figures & charts from the report, Dental Implants Market by Product (Endosteal Implants, Subperiosteal Implants, Transosteal Implants, and Intramucosal Implants), Material (Titanium Implants and Zirconium Implants), End User (Hospitals, Dental Clinics, and Academic & Research Institutes) -Analysis & Forecast 2020-2030. in detail along with the table of contents:https://www.marketindustryreports.com/dental-implants-market/294
However, limited reimbursement for dental implants surgery is one of the major factors hampering the market growth. In developed regions across North America and Europe, most insurance providers consider dental implants a cosmetic product, and hence, they provide minimal reimbursements or do not provide any reimbursements for dental implants.
Asia Pacific is the fastest-growing market for dental implants and is anticipated to contribute significantly to the global market share. The growth in this region can be attributed to the increasing prevalence of periodontal diseases and the growing adoption of advanced medical technologies leading to increased dental implant procedures. Countries in the APAC, such as India, China, and Japan, are anticipated to provide significant growth opportunities for the global dental implants market due to a large number of aging populations susceptible to various dental diseases.
Some of the prominent players operating in the dental implants market include Institut Straumann AG, Danaher Corporation, Dentsply Sirona, Henry Schein, Inc., Zimmer Biomet, Ivoclar Vivadent AG,Bicon, LLC,A.B. Dental Devices Ltd.,AVINENT, Osstem Implant, among others.
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