Dental Implant Market worth over $5.5bn by 2026
Published Date: September 25, 2020 Authors: Sumant Ugalmugle, Rupali Swain
Dental Implant Market size is set to surpass USD 5.5 billion by 2026, according to a new research report by Global Market Insights, Inc.
Increasing healthcare spending and high disposable income among population in emerging economies will create demand for aesthetic procedures. The population is focusing on facial appearance and aesthetics will also offer opportunities for dentistry during the forecast timeline. Moreover, increasing dental issues with aging will result into rising dental implant procedures. Several dental conditions associated with aging include root & coronal caries and periodontitis that can lead to tooth loss. This will boost the sales of dental implants by driving the demand for implant dentistry, thereby positively influencing the market growth during the forecast period.
Rising patient visits in healthcare facilities due to dental disorders will stimulate market expansion
Oral health is becoming a point of concern with rising dental disorders. According to the World Health Organization, approximately 3.5 billion people suffer from oral diseases. Nearly 10% of overall global population is affected with periodontal diseases. Additionally, about 530 million children experience dental caries. Thus, with increasing dental conditions leading to tooth decay, hospitals and dental clinics are witnessing rise in number of patient visits. Therefore, growing focus on oral health will offer significant growth opportunities to the market in the coming years.
Advantage of initial stability associated with parallel-walled implants will drive product demand
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Parallel-walled dental implant market accounted for USD 900 million in 2019. These implants offer initial stability for immediate loading that leads to higher preference during immediate dental implant procedures. In addition, rising prevalence of periodontal diseases among elderly population contribute to increasing implant procedures, thereby growing adoption of parallel-walled implants during the forecast period.
Browse key industry insights spread across 129 pages with 92 market data tables & 15 figures & charts from the report, “Dental Implant Market Size By Product (Tapered Implants, Parallel-walled Implants), By Material (Titanium, Zirconium), By End-use (Hospitals, Dental Clinics), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
High resistance of titanium used in dental implants to external forces will fuel its acceptance rate
Titanium dental implant market exceeded USD 2.5 billion in 2019. As titanium is highly resistant to external forces, it provides advantage in cases that has material resistance as crucial element. With its broad range of applications and positive patient experience, the segment will foresee significant demand during the forecast timeframe.
Adoption of advanced practice software in dental clinics will impel the market value by stimulating number of implant procedures
Dental clinics segment in the dental implant market is estimated to progress at 5.2% growth rate through 2026 led by the integration of advanced equipment and infrastructure development in these clinics. Increasing usage of dental practice management software that streamline workflow and availability of specialized skilled professionals will result into patient preference, thereby assisting the segment growth in the coming years.
High disposable income impacting the demand for cosmetic dentistry will foster dental implants supply in the region
North America dental implant market captured 33.6% of revenue share in 2019. Strong focus on product development by manufacturing firms enhance the business growth potential in the region. Furthermore, rising healthcare expenditure and disposable income of the population in the U.S. and Canada will offer growth opportunities to the market. According to the Centers for Disease Control and Prevention, about 96% population aged 65 years and elder have oral cavity and some remain untreated that lead to tooth decay over the period. Thus, growing geriatric pool contributes to rise in number of dental procedures creating demand for dental implants in the region. Rising acceptance of cosmetic dentistry will also positively accelerate the regional growth.
Strong focus on product development by market players will increase the industry growth
Some of the notable companies operating in the market include Henry Schein, Zimmer Biomet, Dentsply Sirona and Danaher Corporation. These business leaders primarily focus on new product launches, innovation through R&D, partnerships & collaborations to broaden their product portfolio and capitalize on market opportunities.
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