New York, NY -- (SBWire) -- 08/30/2017 --The report also cites that the rise in the global geriatric population is fueling the demand for dental implants across the globe. This, in turn, is expected to favor the overall growth of the market throughout the forecast period. In the report, the global market for dental implants has been segment on the basis of material, procedures, and regions.
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Increasing awareness about oral healthcare and the expanding pool of aged population are among the primary factors that are currently driving the demand for dental implants. In addition, the growth of the market is also boosted by the growing the demand for dental implants in cosmetic surgeries. A large number of people in countries such as the U.K. and the U.S. are opting for expensive dental implant surgeries, which is also popularizing the medical tourism industry. Over the next couple of years, the medical tourism industry is expected to witness significant growth in various parts of the world including, Hungary, Malaysia, India and Costa Rica.
Factors as such are expected to make a positive impact on the global market for dental implants in the near future. On the flipside, poor reimbursement structures for dental implants surgery continue to undermine the scope of any value growth on the market.
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Advancements in dental implants technologic such as nanotechnology, Computer Aided Design (CAD), mini dental implants, sedation dentistry, 3D imaging, and laser dentistry are making dental surgical procedures more dynamic and safe. Among regions, Europe is the most attractive market for dental implants. This is mainly owing to factors increasing concerns over oral hygiene, rapid adoption of dental implant therapy in clinics and availability of leading-edge technology in the region. Countries such as France, the U.K. and Germany are few of the most attractive markets for dental implants.
During the forecast period, the North America dental implants market is projected to exhibit a moderate growth during 2014 to 2020. Factors such as availability of advanced dental care treatments, presence of an established dental care infrastructure and increasing awareness regarding oral health are supporting the growth of the market in the region. People in North America are rapidly adopting advanced dentistry, which is proving to be instrumental in the further boosting the growth of the market for dental implants.
The American Dental Hygienists' Association (ADHA) stated that in 2008, approximately 75% of American adults reported gum related problems. Meanwhile the market in Asia-Pacific is projected to register the fastest growth over the forecast period. Development of the medical tourism industry in various Asian countries is playing an important role in developing the dental implant market in the region.
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Completive Landscape
Institut Straumann AG is a leading player in the global market for dental implant market. Neoss International, DENTSPLY International Inc., 3M Company, Zimmer dental Inc., and Nobel Biocare are some of the other key companies operating in the market
Dental Implants Market to Reach a Valuation in Excess of USD 7,879 Million by 2020
Persistence Market Research (PMR)’s latest report reveals that the global market for dental implants, which was valued at more than USD 4,508 million in 2014 is set to surge at a robust CAGR of 9.7% during 2014 to 2020 to surpass a valuation of USD 7,879 million in by 2020.