Pune, India, April 19, 2022 (GLOBE NEWSWIRE) — The global Dental Implants Market size is estimated to reach USD 5.71 billion by 2028. Fortune Business Insights™, in its report titled, Dental Implants Market, 2021-2028.”, mentions that the market stood at USD 3.66 billion in 2020 and is likely to exhibit a CAGR of 6.2% between 2021 and 2028. As per our researchers, the growth is subjected to the rising consciousness regarding oral hygiene and care, the gush in the market economies, and the rise in aesthetic restoration of implants of the teeth in the upcoming years. Additionally, the inferior feeling that arises due to loss of teeth also contributes majorly to the market.
According to a Foundation for Oral Rehabilitation survey, around 120 million Americans, i.e., 66% of the adults in the U.S. aged between 35 to 44 years, have lost one or more than one teeth. Furthermore, according to the Centres for Disease Control and Prevention, around 36 million, i.e., 25% of the adult Americans aged 65 and above, have reported having no teeth.
May 2020: Institut Straumann AG announced the launch of a brand new and innovative zygomatic implant application solution. This solution pools verified implant design structures with the benefits of Straumann’s BLT and BLX implant prosthetic range for permanent overdentures.
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The World Health Organization (WHO) data suggests that nearly 10 million people are injured or disabled due to road accidents every year. In addition, according to the American Academy for Implant Dentistry, over 15 million people in the U.S. undergo bridge and crown replacements for missing teeth every year, thus facilitating the demand for dental implants.
With the alarmingly increasing number of COVID-19 cases worldwide, countries effectively shut down their manufacturing plants which have negatively impacted the medical device manufacturing companies. According to an article published by the healthcare industry is heavily reliant on China for the procurement of critical components, raw materials, and complex finished medical products. China is the fourth-largest supplier of medical technology to the U.S. However, the shutdown of manufacturing facilities in China is likely to have an immediate negative impact on the market.
Dental Implants Market Report Scope & Segmentation :
|Forecast Period||2021 to 2028|
|Forecast Period 2021 to 2028 CAGR||6.2%|
|2028 Value Projection||USD 5.71 Billion|
|Market Size in 2018||USD 3.74 Billion|
|Historical Data for||2017 to 2019|
|No. of Pages||176|
|Segments covered||By Material, By Design, By Geography|
|Growth Drivers||Postponed Elective Procedure amid COVID-19 to Lead to Revenue Decline|
|The outbreak of COVID-19 had a drastic decline in the growth of dental implants industry.|
|Increasing Prevalence Of Dental Disorders to Boost Market Growth|
Drivers and Restraints
Increasing Geriatric Population to Boost Dental Implants Demand
- Primary factors that contribute to the growth of the market are the surging loss of teeth by accidents, booming demand for aesthetic dental procedures, increase in healthcare funds, and the introduction of advanced products in the market.
- People prefer getting implants over any other treatments in case of missing tooth/teeth. The frequency of edentulism is on a higher side among older adults. Therefore, regions with a higher geriatric population ought to fuel the market growth.
- Additionally, the increasing frequency of several other oral ailments such as dental tooth caries, periodontal condition, and tooth decay is anticipated to drive dental implants market growth in the foreseeable future.
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Patients Avoid Visiting Dental Clinics to Curtail COVID-19 Infection
In 2019, the World Health Organization declared the crisis of COVID-19 as a pandemic. According to an article published by The New York Times magazine, the dental profession is listed at the top position regarding the risk of transmission. The American Dental Association (ADA) announced a sudden hike in COVID-19 cases in the nation. They requested all the dental clinics to put limitations on their daily dental appointments, giving preference to emergency cases only. The WHO has also stated that non-essential and routine check-ups must be postponed until there is a visible difference in the number of COVID-19 cases. In emergency cases, certain stringent precautions must be taken before performing any procedures such as aerosol spraying. They also published guidelines for dental applications to be followed to curb the spread of coronavirus transmission.
Acquisitions Initiated by Key Players to Foster Dental Implants Market Growth
The prominent leaders in the market are constantly rooting for efficient strategies to apply to expand their business. One such strategy is to sign partnerships, merge, or even acquire other companies to increase monetary profit. For example, in July 2019, A-dec Inc. announced the acquisition of Dean Dental Systems. The latter is a producer of mechanical room applications required in the dental infrastructure and is based in the Mid-West.
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We have implemented a unique research approach that comprises statistics triangulation based on the famous bottom-up and top-down approaches. Our researchers have lead thorough primary research to verify the estimated size of the dental implants industry. The data utilized to portray the shares for multiple segments at the national, regional, and global levels are extracted from comprehensive interviews with various stakeholders. Our analysts have also derived information from paid databases, industry journals, SEC filings, and many other similar resources.
List of Key Players Covered in the Dental Implants Market Report:
- Institut Straumann AG (Basel, Switzerland)
- Danaher (Washington, D.C., United States)
- Dentsply Sirona (Pennsylvania, United States)
- Henry Schein, Inc. (New York, United States)
- Zimmer Biomet (Indiana, United States)
- Osstem Implant (Seoul, South Korea)
- BioHorizons (Alabama, United States)
- CeraRoot SL. (Barcelona, Spain)
Table Of Content
- Dental Implants Market Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Europe Global Dental Implants Market Analysis, Insights and Forecast, 2017-2028
- Key Findings / Summary
- Market Analysis – By Material
- Titanium Implants
- Zirconium Implants
- Market Analysis – By Design
- Tapered Implants
- Parallel Implants
- Market Analysis – By Type
- Endosteal Implants
- Subperiosteal Implants
- Transosteal Implants
- Market Analysis – By End User
- Dental Clinics
- Academic & Research Institutes
- Market Analysis – By Country/Sub-region
- Rest of Europe
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