Global Dental Implants and Prosthetics Market to reach USD 12.7 billion

According to Data Bridge Market Research new Market report “Global Dental Implants and Prosthetics Market, By Material (Titanium, Zirconium, PFM, All Ceramics), By Stage (Two Stage, Single Stage), By Connectors (External Hexagonal), By Product Type (Crowns, Bridges, Dentures, Abutments), By Geography (North America, Europe, Asia-Pacific, Latin America, Rest of the World) - Trends and Forecast to 2022”, has accounted to USD 8.4 billion in 2015, growing at a CAGR of 6.2% from 2016 to 2022, and is expected to reach USD 12.7 billion by 2022.

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Dental implants, also known as endosseous fixtures, are artificial roots that look like a tooth or teeth. These substitutes for missing teeth are placed into the jaw to support restorations. Dental implants provide a strong foundation and are an ideal option for people who have lost a tooth or teeth. Prosthetic dentistry involves the diagnosis and treatment of infected teeth as well as the reconstruction of missing teeth with the use of crowns, bridges, implants, and dentures. Dental prosthetic treatments offer a more permanent solution than ndodontic treatments mainly due to recent technological advancements, such as CAD/CAM dentistry in prosthetics.

Dental implants evolved from the 1965 discovery of the osseointegration of titanium. Per-Ingvar Brånemark, a Swedish orthopedics professor, discovered titanium’s ability to bind itself to human bone and commercialized titanium dental implants in 1978 after receiving the necessary regulatory approvals. Since its advent in 1965, the adoption of dental implants was quite slow in the subsequent 10 to 15 years. However, with continuous technological advancements, the demand for dental implants increased considerably between 1998 and 2008. Thereafter, the economic slowdown and a lack of innovation over the last few years again slowed the growth of the market.

The global dental implants & prosthetics market is largely driven by the rising incidences of dental caries and other periodontal diseases and the aging baby booming population. Rising disposable incomes, increasing willingness to spend out-of-pocket for dental implants, increasing awareness, and the requirement of quality dental care is further expected to propel the growth of this market. However, the high cost of dental implants and the limited coverage for dental products inhibits the growth of this market to a certain extent.

Global Dental Implants and Prosthetics Market, Segmentation

The global dental implants and prosthetics market is segmented as dental implants and prosthetics, of which dental implants account for the largest share of the total market.  

Based on material used, dental implants market is segmented into two categories titanium and zirconium dental implants. Titanium implants accounted for the largest share of the global dental implants market, by metal, in 2015. The growing aging population, growing demand from developing Asian and South American nations, rising purchasing power, and increasing consumer acceptance of advanced dental technologies are driving the market for titanium dental implants.

The dental prosthetics market is segmented based on product types into bridges, crowns, abutments, and dentures. The increase in edentulism is driving the growth of the dental prosthetics market worldwide. Bridges accounted for the largest share of the dental prosthetics market in 2015. This can mainly be attributed to technological developments in this field. Improvements in the materials used, such as high-performance ceramics and translucent resin nanoceramics, help to decrease work times and provide higher standards of aesthetics and function. Moreover, the introduction of CAD/CAM technology has increased accuracy and cut down on designing and manufacturing times.

Global Dental Implants and Prosthetics Market

Global Dental Implants and Prosthetics Market, By Geography

Based on geography the global dental implants and prosthetics market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. Europe held the largest share of the global dental implants and prosthetics market. The main factors driving the growth of the European dental market are the increase in the region’s aging population and governmental expenditure on oral healthcare across Europe. The Asia-Pacific market is expected to grow at the highest rate during the forecast period. Market growth can be attributed to a number of factors growing aging population, increasing disposable incomes in developing countries, growing desire for better aesthetics, and the rising demand for advanced dental solutions in this region.

Global Dental Implants and Prosthetics Market, Competitive Landscape

The major players in this market are turning to strategies such as mergers, acquisition and new product developments as major market strategies to penetrate the market. One of the recent and major developments in this market is the merger of Dentsply International, Inc. and Sirona Dental Systems, Inc. to form Dentsply Sirona International on February 29th, 2016.

The major players in the dental implants and prosthetics market include Danaher Corporation, Biomet 3i, InstitutStraumann AG, Cortex Dental Implants Industries Ltd., Dentsply Sirona, MIS Implants Technologies Ltd., Zimmer Dental Inc., BioHorizons IPH, Inc., IvoclarVivadent AG, SGS Dental, Avinent Implant System, Bicon, LLC, Osstem Implant Co., Ltd., 3M Company, Noris Medical and, OCO Biomedical Inc. among other vernacular players.

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