Increase in the cases of dental health issues across the globe is expected to drive the demand avenues in the dental implants market in the forthcoming years, according to a study by Transparency Market Research (TMR).
The global dental implants market is estimated to gain a value of US$ 7.52 Bn by 2027, states a study by TMR. According to the TMR assessment, the market is prognosticated to expand at a CAGR of 7.1% during the forecast period, 2019-2027.
The global dental implants market outlook provides in-depth analysis of major factors impacting the market growth. Hence, this study covers thorough assessment on the growth drivers, growth restraints, R&D activities, regional analysis, competition landscape, emerging trends, and recent developments in the dental implants market. This aside, this study sheds light on the important statistics such as volume, share, revenues, production, and sales in the global dental implants market.
Subperiosteal implants, endosteal implants, intramucosal implants, and transosteal implants are some of the key product types available in the market today. These implants are manufactured using titanium and zirconium, state analysts at TMR.
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Dental implants refer to artificial tooth roots that help in replacing the missing tooth for practical as well as cosmetic purposes, note analysts of a TMR report. Moreover, this technology is gaining traction across the globe as it can help in the protection of jaw structure by avoiding bone resorption or atrophy. This aside, as opposed to traditional fixed bridges or dentures, dental implants do not need grinding down of healthy neighboring teeth. In addition, they offer natural and long-lasting appearance. Moreover, using this procedure for treatment does not cause discomfort when speaking or eating. These advantages are expected to result into notable business opportunities in the global dental implants market in the forthcoming years, notes a TMR report.
Increase in Adoption of Technological Advancements by People Boosts Demand for Dental Implants
Patient population across the globe is inclining toward selecting advanced technologies such as dental implants instead of conventional dental devices including bridges, dentures, and crowns. This factor is expected to fuel the sales growth in the dental implants market in the forthcoming years.
Companies Focus on Development of Next-gen Products to Stay Ahead of Competition
Some of the leading players in the dental implants market include Dentsply Sirona Inc., Straumann Holding AG, Zimmer Biomet Holdings, Inc., Henry Schein Inc., 3M Health Care, Danaher Corporation, AVINENT Implant System, S.L., Bicon, LLC, Ivoclar Vivadent AG, and Osstem Implant, CO., Ltd.
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Owing to the presence of many key players, the competition levels in the global dental implants market seem to be highly intense. As a result, companies are executing organic as well as inorganic strategies such as acquisitions, partnerships, and collaborative agreements with other players in order to stay ahead of the competition. Moreover, several enterprises are focusing on the development of next-gen products, regulatory approvals, and new product launches. Such strategies are expected to result into rapid growth of the global dental implants market in the near future.
Europe, Asia Pacific, North America, and Latin America are some of the key regions in the global dental implants market. The market players are expected to gain sizable growth prospects in North America in the forthcoming years owing to many factors including the presence of a sturdy healthcare infrastructure, rise in the cases of dental issues, and increase in the adoption of advanced technologies in the regional healthcare industry. Moreover, the market is prognosticated to gain lucrative prospects in the Asia Pacific region owing to rising focus of the regional government authorities on the development of strong healthcare infrastructure.