The
Global Dental Implants Market was valued at US$ 3,403.1 Million in 2015, as
analyzed by Coherent Market Insights in its latest detailed report about the
same. Increased out-of-pocket expenditure along with rise in aging population
and patient-focused innovation are expected to create lucrative market
opportunities for industry players.
Post
1952, the dental implants market has grown manifold creating significant market
opportunity for the industry players. As a result, many players have emerged in
this highly fragmented industry. Though the industry players have immense market
potential in terms of total addressable market, sluggish growth in terms of
innovation has led to relatively lower CAGR than expected between 1980 and
2010.
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However,
with increased market competition and growing consumer base, companies all
round the world have accelerated product innovation and launches. For instance,
Nobel Biocare launched over three new implants in the market to sustain its
market position post 2012. Magdent—an Israel-based company—launched miniature
electronic device (MED) that is capable of accelerating growth of dental root
three times faster than usual. 3D dental printing is a fast emerging segment
that is expected to gain major traction in the near future. The dental implants
market is projected to evolve more over the following 10 years than that in the
previous 60 years.
Dental
implants market is expected to be primarily driven by various macroeconomic
factors ranging from increased geriatric population, high per capita spending
power, and decreasing cost for dental implants procedures worldwide. As per
World Bank estimates, geriatric population is growing three times higher than
overall population growth in U.S. The trend is somewhat similar across all
regions, including Europe and Asia Pacific. According to Europa, over 25% of
the Europe population is expected to be aged over 65 years by 2020. Market players
can capitalize on highly lucrative growth opportunities in the market by
strengthening their distribution channels, especially in emerging economies and
focusing on introducing innovative and cost-effective products based on
advanced technologies.
Key takeaways of the market are:
·
Europe was accounted for around 34.1% of overall
dental implants market revenue in 2016. The region market growth is expected to
be primarily driven by Germany. There are over 88,000 dentists in the country.
Germany has a well-established network of dental clinics and favorable
reimbursement scenario. Straumann AG and DENTSPLY Implants are key industry
players operating in Germany.
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trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/market-insight/dental-implants-market-89
·
Market in Asia Pacific, followed by Latin
America is expected to register highest growth rate over the forecast period.
China and Japan collectively accounted for 64% of overall Asia Pacific dental
implants market in 2016. Significant presence of geriatric population coupled
with increased awareness among consumers is expected to create lucrative market
opportunity for industry players in these countries. In China, dental implants
market outlook is optimistic, as dental care service is offered by both
hospitals and standalone clinics in the region. Dental implants market in China
has grown drastically albeit characterized by high costs for procedure. As per
the Coherent Market Insights, there are around 27,000 dental care delivery
organizations in China. Though, there are no general reimbursement policies for
dental implants under social insurance, some insurance companies are
coordinating with dental implant service providers for fixed insurance coverage
of US$ 1,444. Such trend is expected to create positive factor for growth of
dental implants market in the country. Hospital of Stomatology, Sichuan
University, Hospital of Stomatology, PKU, Hospital of Stomatology, and Wuhan
University are some of the leading specialist dental hospitals in China that
carried out various dental implants procedures in 2015. Dental implants market
in China is highly consolidated with leading players Straumann, Dentsply,
Fraiadent, Biomet, and Biocare accounting for over 80% of the market in the country.
·
DENTSPLY Implants, Straumann AG, Bicon Dental
Implants, Anthogyr, KYOCERA Medical Corporation, Lifecore Dental Implants, Zest
Anchors, Implant Innovations Inc, and BioHorizons IPH, Inc., Neobiotech USA.
Inc., Sweden & Martina, TBR Implants Group, Global D, and MOZO-GRAU, S.A.
are some of the key players in the dental implants market.
Browse Press Release
: https://www.coherentmarketinsights.com/press-release/global-dental-implants-market-to-surpass-us-5373-million-by-2024-16
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Wow! Simply awesome! Thank you so much for the details discussed about the market stat for dental implants. Female Dentist Brandon, dentist Brandon
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