Dental Implants Market Size, Analysis By Product (Titanium, Zirconium), And Segment Forecasts To 2024

"Increasing edentulous population and growing awareness about aesthetics is expected to drive the market"

Dental implants market was valued at over USD 3.56 billion in 2015 and is expected to show attractive growth over the forecast period. Dental implants find wide application as anchors for placement of dental prosthesis such as bridges, dentures, or crowns. Implants are highly preferred treatment modality by dentists for replacements for missing teeth and are considered as long-term solutions providing excellent results.

Prosthetics play a major role in boosting the demand through oral rehabilitation, which involves restoring oral function and facial form of patients. Acceptance level for these implants is increasing among patients and dentists majorly due to limitations of removable prosthesis, such as discomfort, lack of natural appearance, and requirement of maintenance. Prosthetics mounted on dental implants do not encroach soft tissues and enhance aesthetics, which is further expected to drive the growth.

Geriatric population growth plays a pivotal role in the growth of the market. Aging is considered as the greatest risk factor for the development of diseases pertaining to tooth loss. The fact that the global geriatric population base is expected to grow over the next 6 years, is anticipated to boost demand.

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According to a survey done by American Association of Oral and Maxillofacial Surgeons, in the US, over 30 million people are missing teeth in one or both jaws and more than 15 million people have crowns or bridges. These are some of the primary factors expected to drive growth. Moreover, increasing number of road accidents every year is also anticipated to support market growth.

Companies like Nobel Biocare Services AG are engaged in production of novel products, which has increased the product portfolio, thereby, providing wider product range for the dentists resulting in enhanced treatment. Although dental implant treatments are expensive, they are accepted widely, owing to the high success rates and long functional lives.

"Titanium contributed toward the largest revenue in 2015"

Market segmentation has been provided below in the document. Titanium metal accounted for the largest revenue of around USD 3.2 billion in 2015, owing to its versatility and flexibility with surgical placements: one-stage and two-stage techniques Titanium metal is widely used in dental implants as it is high biocompatibility and bonding ability with the bone. Also, it is a long-lasting tooth replacement alternative.

Zirconium is anticipated to witness highest CAGR over the forecast period because of its noncorrosive property, unlike titanium. Moreover, the dark color of zirconium cannot be seen through the gums, hence, its aesthetic feature allows zirconium to be widely used.

"Europe dominated the dental implants market in 2015 and Asia Pacific is expected to be a lucrative market over the forecast period"

Europe held the largest market share in 2015, owing to its high geriatric population base. European Commission commented that by 2020, a quarter of population will be over 60 years of age, which is, therefore, expected to drive the market growth. Europe is also considered a cost-effective region for dental tourism, thereby projected to serve as a high impact rendering driver. High healthcare spending is also supporting the growth of the Industry.

Asia Pacific is expected to show lucrative CAGR of over 10.0% over the forecast period owing to high prevalence of tooth (or teeth) loss in India. Moreover, increasing disposable income in this region is also expected to contribute toward market growth. North America is also expected to hold significant market share owing to sophisticated infrastructure and high affordability rate for implant placement in North America.

"Nobel Biocare, Straumann, DENTSPLY Sirona are some of the key players for dental implants market"

Some of the key players of this Industry include Nobel Biocare Services AG; BioHorizons IPH, Inc.; Institut Straumann AG; Zimmer Biomet Holdings, Inc.; DENTSPLY Sirona; OSSTEM IMPLANT; Bicon, LLC; Leader Italy; Anthogyr SAS; KYOCERA Medical Corporation; DENTIUM Co., Ltd.; T-Plus Implant Tech. Co., and DENTIS.

Mergers and acquisitions are the key strategies that the companies are focusing on. Also, new product development and venture capital investments due to demanding economic conditions of both the developed and developing nations are also few other strategies implemented by these companies.

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