The global dental implants market size is projected to reach USD 5.81 billion by 2027, exhibiting a CAGR of 4.1% during the forecast period. The increasing adoption of advanced orthodontic technologies will play a major role in fueling this market, predicts Fortune Business Insights™ in its report, titled “Dental Implants Market, 2020-2027”. As per the report, the size of the market stood at USD 4.23 billion in 2019.
List of Key Players Covered in the Dental Implants Market Report:
- Institut Straumann AG
- Dentsply Sirona
- Henry Schein Inc.
- Zimmer Biomet
- Osstem Implant
- CeraRoot SL.
The COVID-19 pandemic has had a massive impact on the dental implants market growth owing to the strict lockdown restrictions and social distancing norms, which have come into effect during this pandemic. Further, government bodies in most countries have prohibited all dental procedures and surgeries, which have hugely impacted the growth of this market. The fear of contracting the coronavirus at dental facilities is another hindrance facing this market.
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North America (The U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)
Latin America (Brazil, Mexico, and the Rest of Latin America)
The Middle East & Africa (South Africa, GCC, and the Rest of the Middle East & Africa)
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Rising Occurrence of Tooth Loss among the Aging Population to Fuel the Market
Moreover, Over the years, there has been an increasing prevalence of loss of teeth among aging populations due to various reasons such as poor eating habits, dental cavities, and others. This has led to increasing demand for dental treatments and surgeries among geriatric persons, along with surging demand for dental implants.
This is considered as one of the important factors responsible for this market’s growth. For instance, as per data released by the Centers for Disease Control and Prevention, the occurrence of teeth loss among young adults was approximately 9%, which is far lesser as compared to more than 26% among older people.
Moreover, the market stands to gain from the fact that the number of older persons is steadily rising. For example, the UN predicts that there will be over 1 billion persons aged 65 and above by 2050. This will create huge opportunities for dental care companies and organizations in the foreseeable future.
Increasing Number of Dental Implant Manufacturers to Boost the Europe Market
Moreover, Europe is expected to grow speedily in the dental implants market share due to the proliferation of dental product manufacturers across the continent. Apart from this, the active adoption of advanced dental care solutions by high-income earners will also contribute to the growth of the regional market. The Europe market size stood at USD 1.58 billion in 2019.
Moreover, North America is anticipated to experience substantial growth in this market on account of the surge in the incidence of teeth loss, the rising number of dentists in the US, the growing availability of modern dental tools and equipment, and the use of digital techniques in dental implants. The Asia Pacific region is expected to grow at a decent pace in this market share due to the increasing medical tourism in countries such as India, China, and others.
Rising Adoption of Innovative Techniques in Dental Implants to Feed Competition
Key players in this market are focusing on developing innovative techniques in dental surgeries. Moreover, These strategies are allowing companies to diversify their portfolios, amplify their market reach, and expand their business operations worldwide.
July 2019: A-dec Inc. announced the successful acquisition of Dean Dental Systems.
Midwest-based manufacturer of mechanical room solutions for dental offices.