Dental Implants Market Emerging Analysis, Future Growth and Business Opportunities 2027
The dental implants market was valued at US$ 3,872.3 million in 2018 and it is projected to reach US$ 7,417.4 million in 2027; it is expected to grow at a CAGR of 7.6% from 2019 to 2027.
Dental Implants are dental surgical devices which are positioned between the jaws for supporting dental prosthesis. These implants or frames are surgically placed below the gums into the jawbone. The various devices used for dental implants are plate-form dental implants and root- form dental implants. These implants are made of zirconium and titanium. Bridges and dentures are used to support the implanted artificial teeth and avoid slip or shift of teeth in the mouth during speaking and eating. The growth of the global dental implants market is attributed to the increasing prevalence of tooth loss, increasing demand for cosmetic dentistry and technological developments in the dental implants. However, limited reimbursement available for implantation procedures and high costs of dental implants and bridges are the major factor hindering the market growth.
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Key market players of dental implants market are Danaher, Dentsply Sirona, Zimmer Biomet, Institut Straumann AG, AVINENT, OSSTEM IMPLANT, Bicon, LLC, DIO IMPLANT, DENTIUM and Adin Global. Product Launch and strategic partnerships and agreements were observed as the most adopted strategy in global dental implants industry.
For instance, In October 2018, Dentsply Sirona Implants launched Acuris, the latest procedure in implant dentistry. The conometric concept gives implant dentistry professionals another option which has friction retention when securing the crown and the cap to the implant, without using screws or cement. The developments performed by the companies are helping the market to grow in the coming years.
The global dental implants market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide.
Rising Prevalence of Tooth Loss to Drive Global Dental Implants Market Growth
Tooth loss is one of the sensitive indicator of access to dental care and overall dental health. In a broad perspective, the prevalence of both partial and total tooth loss in adults and seniors has decreased since the early 1970s, according to a study by National Health Services. In spite of these improvement, significant disparities remain in some population groups related to tooth loss and insufficient dental care. Majority of the patients across the globe suffer with tooth loss due to factors such as tooth decay, periodontal diseases, injuries, accidents and others. However, missing teeth can now be recovered with the help of new age and advanced dental implants. The dental implants provide strong foundation for the teeth that almost matches with the natural teeth.
According to the American College of Prosthodontists (ACP), 178 million Americans are missing at least one tooth. Additionally, 40 million people on an average in the United States are missing all of their teeth. The ACP estimates that this number is expected to rise over the next two decades owing to increasing cavity and tooth decay. According to a Brazilian study published in the International Journal of Dentistry, the major reasons responsible for dental implant procedures in Brazil were, Cavities (38.4%), periodontal diseases (32.2%), eruption problems (6.4%), orthodontics (5.7%), prosthetics (3.6%), injury/trauma (2.6%), occlusal problems (1.1%), and others (9%).
The global dental implants market by product was segmented into dental bridges, dental crowns, dentures, abutments and others. In 2018, the product segment of the dental implants market was led by dental bridges segment. In 2018, the dental bridges segment held a largest market share of 40.1% of the dental implants market, by product. In case of implant supported bridges, instead of being supported by crowns or frameworks, these bridges are supported by dental implants. The dental bridges are cost effective, high-performance solutions and often are used as a prominent alternative for implants, due to which the segment accounts for a maximum share.
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