New York, NY, June 20, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Dental Implants Market by Product (Endosteal Implants, Subperiosteal Implants, Transosteal Implants, and Intramucosal Implants), by Material (Titanium Implants and Zirconium Implants), and by End User (Hospitals, Dental Clinics, Academia, and Research Institutes): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024”. According to the report, global dental implants market was valued at approximately USD 5.08 billion in 2017 and is expected to generate revenue of around USD 7.97 billion by end of 2024, growing at a CAGR of around 6.63% between 2018 and 2024.
Dental implants are artificial tooth root that is surgically embedded into the lower and upper jawbone. These provide an alternative for people who have lost their teeth due to periodontal diseases and injuries. Similar to natural teeth, dental implants are durable, stable, and strong. They are available in various sizes and are used as per specific requirements of the patients. These components help in reducing the load on the remaining oral structure and support the bridges, overdentures, and crowns and provide retention. Different technological advancements in dental surgery such as CAD, laser dentistry, and mini dental implants is also boosting the growth of the dental implants market.
Browse through 66 Tables & 28 Figures spread over 110 Pages and in-depth TOC on "Global Dental Implants Market Size & Share 2017: Industry Trends, Analysis Report and Forecast, 2024”.
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According to the National Institute of Dental and Craniofacial Research, the geriatric population has an average of 19.9% teeth remaining which creates a highly profitable market for dental implants since dental and cosmetic issues arise due to aging. A competitive market with high profit for players throughout the value chain and technological advancements along with stipulated demand for dental implant procedures have resulted in a highly profitable market for dental implants.
The dental implants market is segmented on the basis of product type into endosteal implants, intramucosal implants, transosteal implants and subperiosteal implants. Among these endosteal implants are anticipated to lead the market with almost 75% of the market share in the forecast period. According to the American Academy of Periodontology, the most widely used dental implants are the endosteal implants. Followed by which is the subperiosteal implants as these implants are based on the CT scan of the jaw of the patient and are custom-made.
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The dental implants market is segmented on the basis of material type into titanium implants and zirconium implants. Titanium implants are projected to lead the dental implants market in the forecast period as many companies are approaching to come up with mini-titanium dental implant solutions. Titanium implants are more attuned to biologically active drugs which are usually incorporated on the surface of the implant to improve osseointegration. Titanium implants have a comparatively longer lifespan which also makes it more favorable by the dentist and consumers.
North America and Europe are expected to dominate the market for dental implants in the forecast period. These regions are expected to account for almost 61% of the overall market share by 2024. An increased competition in the market for dental implants primarily due to the leading manufacturers like DENTSPLY Sirona, and Straumann in Europe. According to the stats provided by Europa, over 26% of the European population is anticipated to come under the group of the aged category by 2020. This along with high unrestricted income group in the region is expected to provide a highly lucrative market for dental implants. Germany is among the leading markets for dental implants. It is projected that this country, unlike any other country Europe, spends the highest per capita income on teeth.
Browse the full "Dental Implants Market by Product (Endosteal Implants, Subperiosteal Implants, Transosteal Implants, and Intramucosal Implants), by Material (Titanium Implants and Zirconium Implants), and by End User (Hospitals, Dental Clinics, Academia, and Research Institutes): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024" report at https://www.zionmarketresearch.com/report/dental-implants-market
The Asia Pacific and Latin America are expected to register the highest CAGR between 2018 and 2024. The market growth in the Asia Pacific is primarily driven by rising number of dental implants procedures in India, Japan, and China. There are over more than 4,000 dental laboratories with 400 dental institutes and almost 250,000 dentists in India. The increasing consumer base and better economic growth are expected to create immense opportunities for the industry players. In 2015, India imported more than 78% of dental implant products from the U.S., Germany, Italy, and Japan. The campaign initiated by the Indian government called ‘Make in India’ is also likely to strengthen the number of manufacturing facilities across various healthcare verticals including dental manufacturing sites in the country.
The Middle East and Africa held the least position in dental implants market in comparison to other regions. However, change in consumer perceptions and a comparatively under-penetrated market will make dental implants a great opportunity for manufacturers in this region.
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Thus, all the aforementioned parameters are expected to propel the market growth globally.
Some of the key players in dental implants market include as Zimmer Biomet Holdings, Inc., Henry Schein, Inc., AVINENT Implant System, S.L. Bicon LLC, Danaher Corporation, Straumann Holding AG, Dentsply Sirona Inc., Ivoclar Vivadent AG, Osstem Implant Co., Ltd., and others.
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This report segments the global dental implants market as follows:
Global Dental Implants Market: Product Segment Analysis
- Endosteal Implants
- Subperiosteal Implants
- Transosteal Implants
- Intramucosal Implants
Global Dental Implants Market: Material Segment Analysis
- Titanium Implants
- Zirconium Implants
Global Dental Implants Market: End-User Segment Analysis
- Hospitals
- Dental Clinics
- Academia
- Research Institutes
Global Dental Implants Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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