Dental Implants Market size is set to exceed USD 7 billion by 2028, according to a new research report by Global Market Insights Inc.
Increasing prevalence of oral diseases owing to unhealthy habits such as smoking, high sugar intake, and binge eating will positively influence market growth. Additionally, growing number of road accidents further increase the chances of oral deformities and tooth loss.
Moreover, poor nutrition and social health affect edentulism resulting in full or accumulated edentulism. Thus, rising incidence of tooth loss coupled with growing percentage of geriatric population will act as a high impact rendering factor for market expansion during the projected period.
The COVID-19 pandemic has adversely impacted the market growth owing to sudden decline in elective procedures. In addition, movement restrictions in several countries and shutdown of manufacturing units, disrupted supply chains have affected the sales of dental implants. Low patient visits to avoid infection risk associated with hospital or dental clinics has hampered the procedure demand in the dental implant market. However, during pandemic, growing awareness about oral health and cosmetic dentistry among developed and developing countries is anticipated to proliferate market demand.
Rising number of elderly people that are prone to oral diseases will foster market size
Growing geriatric population across the globe that is prone to dental disorders will considerably contribute to dental implants market statistics over the forecast period. As per the United Nations, geriatric population base aged 80 years or more is estimated to increase three times from 2020 to 2050. Missing teeth is the most common problem amongst the geriatric population. According to the Academy of General Dentistry, one-fourth of the American population is edentulous. This population aged over 65 years, is projected to increase rapidly, and is highly vulnerable to being partially edentulous. This will lead to a high demand for dental implants among geriatric population base to replace missing teeth.
Rising incidence of periodontal diseases will contribute to the segment expansion
Dental implants market by product is segmented as tapered implants and parallel-walled implants. Parallel-walled implants are anticipated to exhibit 7.3% CAGR during 2022-2028. Parallel-walled implants have several benefits including initial stability for immediate loading, versatility to treat several types of bone qualities that will accelerate dental implants demand. Moreover, growing incidence of periodontal diseases as well as continuous technological advancements will stimulate the market adoption of parallel-walled dental implants in the forthcoming years.
Browse key industry insights spread across 105 pages with 91 market data tables & 13 figures & charts from the report, “Dental Implants Market Forecasts By Product (Tapered Implants, Parallel-walled Implants), Material (Titanium, Zirconium), End-use (Hospitals, Dental Clinics), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:
Increasing demand for zirconium owing to several advantages will fuel overall market trends
Dental implants market by material is segmented as titanium and zirconium. Zirconium dental implants segment was valued at over USD 1.2 billion in 2021. The industry growth is owing to growing demand for metal-free implants offering aesthetic superiority over other implants. Zirconium provides superior aesthetic properties along with high biocompatibility thereby, stimulating the patient preference.
Integration of advanced technologies and high accessibility will augment segmental growth
Dental implants market by end-use is segmented as hospitals, dental clinics, and others. Hospitals segment accounted for over 27% market share in 2021. Integration of advanced technology and inbuilt equipment related to dental implants in hospitals is one of the key growth factors. Also, high availability of skilled healthcare professionals will enhance patient preference towards hospitals. Furthermore, developing healthcare infrastructure in developing countries, high per capita income, and growing healthcare expenditure will further contribute to the segmental expansion.
Growing geriatric patient pool and increasing medical tourism in the Europe will fuel the market statistics
Europe dental implants market is estimated to record over 7.8% CAGR over the forecast timeline. Rising awareness regarding dental care among population and availability of advanced medical facilities will further drive the market demand in the region. Further, growing disposable income as well as increasing healthcare spending across the region will proliferate regional market statistics.
Strong R&D activities along with new product launches by business players will enhance the industry landscape
Some of the notable key players operating in the dental implants industry include A.B. Dental Devices Ltd, Adin Global, AVINENT Implant System, Bicon, LLC, Biotech Dental, Cortex, Henry Schein, Glidewell Laboratories, Institut Straumann AG, Osstem Implant CO., Ltd, NucleOSS, Dentsply Sirona, and Envista among others.
These players are primarily focused on collaborations, acquisition & merger, new product launches and partnerships to broaden their product offerings. For instance, in September 2021, Dentsply Sirona introduced a comprehensive restage of its implants business to cater innovative path for practicing dental implantology and solutions from scan to crown with several advantages including efficiency, accuracy, longevity and simplicity. This will offer enormous development opportunities to the firm in the market.