Dental Implants Market Will Touch $7,879.5 Million in 2020

(Newswire.net — July 31, 2017) New York City, New York — The global Dental implant market was valued at USD 4,508.9 million in 2014 and is expected to grow at a CAGR of 9.7% through 2014-2020 to reach the value of USD 7,879.5 million by 2020.

Globally rising age-old population invites the demand for dental implants in any market. As an effect, the market is expected to grow at CAGR of about 9.7% through 2014- 2020 end.

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Some of the major lubricants which help in increasing demand for dental implants are rising edged population and increased dental health concerns. The growth of dental implant market is also backed with rising demand for cosmetic dentistry. High cost dental implant surgery in countries such as the U.S. and the UK fuels the growth of medical tourism overall in the globe including Malaysia, Hungary, Costa Rica, and India being a cost effective medical surgery market.

Limited reimbursement for dental insurance is restraining the growth of dental implants market. Use of technological advancements such as Computer Aided Design (CAD), 3D imaging, mini dental implants, laser dentistry, sedation dentistry, and nanotechnology have improved dental surgical procedures and made it almost painless.

Because of growing concerns for oral hygiene, increased adoption of dental implant therapy and technological advances are the prime factorials proving Europe as the largest global market for the dental implants. Some of the fastest growing markets for dental implants in Europe are UK, Europe and Germany. In this segment, Titanium implants hold the largest market share and this segment is expected to grow at a CAGR of about 9.8% by 2014- 2020.

Rising awareness about oral health, aging population, technological advancement in dental implants surgery procedures and adoption of advanced dentistry by North American people play important roles in driving the growth of the dental implants market.

North America is to expect to witness moderate growth due to above factors. Adoption of advanced dentistry by North American people also plays important role in grooming the dental implant market. According to research undertaken by the American Dental Hygienists’ Association (ADHA), approximately 75% of American adults were suffering from various forms of gum diseases in 2008. The Asia Pacific is the fastest budding dental implants market. Growing concern about oral hygiene and medical tourism are some of the factors lubricating the growth of the dental implant in the Asia Pacific market. 

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Some of the key players identified in Persistence Market Research

Institut Straumann AG is one of the leading players in the dental implants market. Other major players of dental implants market include Nobel Biocare, DENTSPLY International Inc. and Zimmer dental Inc., 3M Company and Neoss International.