According to Fortune Business Insights, the global Dental Implants Market size is projected to reach USD 6.34 Billion by 2029, at CAGR of 6.3% during forecast period; Europe to Dominate the Global Market due to High Tooth Implant Adoption
Pune, India, May 11, 2022 (GLOBE NEWSWIRE) — The global dental implants market size is anticipated to hit USD 6.34 billion by 2029 and exhibit a CAGR of 6.3% during the forecast period. The rising instances of dental disorders such as edentulism are predicted to propel the market’s expansion. Fortune Business InsightsTM has presented this information in its report titled, “Dental Implants Market Report, 2022-2029”. The market size stood at USD 3.90 billion in 2021 and USD 4.12 billion in 2022.
Moreover, factors such as increasing disposable income levels and the rising awareness of oral health are also predicted to bolster the market growth in the coming years.
Key Industry Development-
February 2022: Zest Dental Solutions introduced the LOCATOR R-Tx abutment for its versatile LOCATOR overdenture implants. The new product offers increased durability and
flexibility.
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Report Scope & Segmentation
Report Coverage |
Details |
Forecast Period |
2022 to 2029 |
Forecast Period 2022 to 2029 CAGR |
6.3% |
2029 Value Projection |
USD 6.34 Billion |
Base Year |
2021 |
Market Size in 2020 |
USD 3.90 Billion |
Historical Data for |
2018 to 2020 |
No. of Pages |
176 |
Segments covered |
By Material, By Design, By Geography |
Growth Drivers |
Surging Instances of Dental Disorders to Propel Market Growth |
Europe to Dominate the Global Market due to High Tooth Implant Adoption |
|
Major Players Launch New Offerings to Amplify Growth in Market |
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Drivers & Restraints
Surging Instances of Dental Disorders to Propel Market Growth
The product demand is predicted to escalate due to the globally increasing cases of dental/oral disorders. In 2020, the World Health Organization predicted about 3.5 billion people to be experiencing oral diseases. Hence, the rising oral disorder cases are projected to stimulate the market’s expansion.
The product demand has been exponentially rising in recent years. Their advantages over tooth-replacement methods, including durability, effectiveness, safety, and natural look are anticipated to bolster the global dental implants market growth.
Additionally, factors such as the growing importance of aesthetic restoration of tooth implants and the surging adoption of advanced technologies and machines are estimated to boost the growth of the market.
However, high prices of implant procedures may restrain the market growth.
COVID-19 Impact
The coronavirus pandemic has significantly hampered the market’s expansion. Lockdowns and curfews resulted in reduced patient visits as people feared contracting the virus. A decline in dental implants demand was observed due to delayed or postponed elective surgeries. Several market players reported low revenues during 2020 and mid of 2021. However, relaxations in government-implemented regulations helped the market grow rapidly. As a result, many market players reported improved revenues in the later half of 2021. The market is currently witnessing swift expansion.
Segments
On the basis of material, the market is divided into zirconium, titanium, and others. On the basis of type, the market is trifurcated into transosteal implants, subperiosteal implants, and endosteal implants. On the basis of design, the market is bifurcated into parallel walled implants and tapered implants. On the basis of end-user, the market is segmented into academic & research institutes, dental clinics, and hospitals. Geographically, the market is classified into Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa.
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Report Coverage
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It delivers a comprehensive analysis of the market’s growth drivers.
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It offers insights into the development strategies being adopted by the leading players.
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The impact of the pandemic on the growth of the market is presented in the report.
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It covers an assessment of leading market players and profiles them accordingly.
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Various segments of the market are described in detail.
Regional Insights
Europe to Dominate the Global Market due to High Tooth Implant Adoption
Europe is predicted to attain the largest dental implants market share. The vast presence of numerous dental implant manufacturers, expanding geriatric population, high tooth implant adoption, and favorable reimbursement policies are expected to bolster growth in Europe.
North America is estimated to rank second with a high acceptance of digital dentistry, and high edentulism prevalence. Moreover, a rising number of dentists across the U.S. is predicted to favor the market expansion in North America.
Asia Pacific is anticipated to garner significant growth due to the expanding patient pool and high adoption of next-gen dental implants.
Latin America is projected to prosper with escalating health expenditure and booming medical tourism across Mexico and Brazil.
The Middle East & Africa is expected to witness considerable expansion in the coming years.
Competitive Landscape
Major Players Launch New Offerings to Amplify Growth in Market
The consolidated marketplace of dental implants embraces the presence of various key players with Institut Straumann AG dominating the market share. The major market players emphasize robust product portfolios, partnerships, and new product launches, amongst other strategies to garner growth. For instance, Institut Straumann AG launched a new zygomatic implant solution in May 2020.
List of Key Market Players
Table of Content
ToC Continue…!
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