The Global Osseointegration Implants Market is anticipated to post a CAGR of 6.4% and is expected to catapult to USD 6.8 Billion over the forecast period of 2017-2023, proclaims Market Research Future (MRFR) in a detailed study.
Market Overview
The increasing number of joint replacement surgeries, particularly among the geriatric population, coupled with the growing adoption of minimally invasive surgeries, and striking advancement in healthcare facilities will have a strong impression on the growth of the osseointegration implants market in the coming years. The global osseointegration implants market was stood at USD 4.7 Bn in 2017.
The development of osseointegration technique has enhanced the bone and joint replacement procedures along with dental implants and has improved prosthetics for amputees. Utilization of different types of materials to carry out the procedure and ability to provide stability to the implants and prostheses are propelling the growth of the global osseointegration implants market.
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However, complications and risks of bone damage associated with the implants and challenges faced during the alignment of implants are likely to restrain the expansion of the global osseointegration implants market during the forecast period.
Segmentation
The global osseointegration implants market has been segmented based on product, material type, and end user.
By product, the global osseointegration implants market has been segmented into bone-anchored prostheses, dental implants, and others. The bone-anchored prostheses segment is the largest segment while the dental implants segment is the fastest-growing segment.
By material type, the global osseointegration implants market has been segmented into metallic, ceramic, polymeric and others. The metallic segment is the largest segment while the ceramic segment is expected to be the fastest growing segment.
By end user, the global osseointegration implants market has been segmented into hospitals, ambulatory surgical clinics, and others. The hospitals segment is the largest segment while the ambulatory surgical clinics segment is likely to be the fastest growing segment over the forecast period.
Competitive Landscape
Prominent players are constantly using various growth strategies like new product launch, partnerships, acquisitions, agreements and joint ventures for increasing their foothold in the industry.
Some of the major Stakeholders in the osseointegration implants market are –
- Danaher Corporation
- Zimmer Biomet Holdings Inc.
- NuVasive Inc.
- Dentsply Sirona Inc.
- Cochlear Ltd.
- William Demant Holding A/S
- The Straumann Group
- Medtronic plc
- Henry Schein Inc.
- Stryker Corporation
…To be continued.
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LIST OF TABLES
Table 1 Global Osseointegration Implants Market Synopsis, 2018–2023
Table 2 Global Osseointegration Implants Market Estimates And Forecast, 2018–2023, (USD Million)
Table 3 Global Osseointegration Implants Market, By Region, 2018–2023, (USD Million)
Table 4 Global Osseointegration Implants Market, By Product, 2018–2023, (USD Million)
Table 5 Global Osseointegration Implants Market, By Material Type, 2018–2023, (USD Million)
Table 6 Global Osseointegration Implants Market, By End User, 2018–2023, (USD Million)
Table 7 North America Global Osseointegration Implants Market, By Product, 2018–2023, (USD Million)
Table 8 North America Global Osseointegration Implants Market, By Material Type, 2018–2023,
(USD Million)
Regional Analysis
Geographically By region, the global osseointegration implants market has been segmented into the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).
The Americas account for the maximum share of the global osseointegration implants. Fast uptake of latest and technologically advanced treatment options, high healthcare expenditure, well spread awareness regarding osseointegration implants drive the market in the region. Moreover, the growing popularity of cosmetic dentistry and increase in geriatric population are also crucial factors boosting the market growth. The presence of key players is a factor which cannot be missed.
Also, emerging nations in Latin America and Asia, at present, are witnessing a moderate adoption rate of osseointegration implants, serving to be strong growth opportunities in the near future. Moreover, economic growth paired with the growing disposable income in these economies will elevate the market position to a large extent. The market will further benefit owing to the manufacturing companies continuously investing in these rapidly emerging markets, on the face of various pricing and distribution activities being undertaken efficiently.
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Europe too is a significant revenue pocket which is expected to expand notably over the forecast period.
APAC is expected to present lucrative growth opportunities for the growth of the osseointegration implants market. Increasing demand for these implants due to rapid top rise in geriatric population, and also high demand for dental implants spur the demand for osseointegration implants in the region.
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