The Global Dental Implants Market size is set to reach USD 5,725.7 million by 2026, exhibiting a CAGR of 5.1% during the forecast period. Increasing aging population is one of the key factors driving growth of this market. Aging entails a host of health issues and oral health is one of the most prominent among them. Weakening of muscles, improper bowel movement, and slow metabolism are some of the primary causes of oral diseases during old-age.
The World Health Organization (WHO) states that the rate of aging of populations around the world is faster than it was in the past. According to it, as early as 2020, the world will witness the number of people aged above 60 will outnumber children below the age of 5. The organization predicts that by 2050, close to 22% of the world’s population will be above the age of 60. This will likely fuel the demand for dental implants as oral care becomes a priority among old people.
According to the Fortune Business Insights report, titled “Dental Implants Market Size, Share and Industry Analysis By Material (Titanium Implants, Zirconium Implants), By Type (Endosteal Implants, Subperiosteal Implants, Transosteal Implants), By Design (Tapered Implants, Parallel Implants), By End-user (Hospitals, Dental Clinics, Academic & Research Institutes) and Regional Forecast, 2019 – 2026”, the market value stood at USD 3,870.0 million in 2018.
Fortune Business Insights identifies some of the key players in the dental implants market:
- Zimmer Biomet
- Anthogyr Group
- Institut Straumann AG
- Henry Schein, Inc.
- Osstem Implant
- Dentsply Sirona
- CeraRoot SL
Rising Prevalence of Diabetes to Favour Market Expansion
Diabetic people, especially those whose diabetes in out of control, are known to suffer from dental problems. Gum infections are common among this populace as diabetes decreases blood supply to the gums. Dry-mouth, a common effect of high blood sugar, can make gum diseases worse and low saliva levels in the mouth can lead to plaque build-up. This can cause tooth decay and create a need for dental implants. Moreover, the prevalence of diabetes is increasing globally.
For example, according to the International Diabetes Federation (IDF), by 2045, the number of adults between the ages of 20 and 79 suffering from diabetes will rise to 629 million, with majority of them living in low and middle income countries. As a result, the demand for dental implants is highly likely to skyrocket in the coming decade. As per the dental implants market trends, titanium implants will experience a demand surge owing to their easy application in most dental procedures and non-allergic nature. This segment will be augmented by the growing adoption of computer-aided design / computer-aided manufacturing (CAD/CAM) technology.
Key Segmentation Dental Implants Market:
- Titanium Implants
- Zirconium Implants
- Others (Ceramic, Porcelain-Fused-to-Metal)
- Endosteal Implants
- Subperiosteal Implants
- Transosteal Implants
- Tapered Implants
- Parallel Implants
- Dental Clinics
- Academic & Research Institut
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Presence of Key Companies to Accelerate Growth in Europe; North America to Follow Closely
Among regions, Europe is expected to dominate the dental implants market share on account of a swiftly swelling geriatric population, coupled with presence of important market players and high adoption of new dental technologies. North America is anticipated to display an impressive CAGR due to increasing aging population. In Asia-Pacific, increasing disposable income will ramp up the adoption rate, in spite of high dental implants cost. Furthermore, a thriving medical tourism industry will further catalyse the market in the region.
Straumann AG Partners with Modern Dental to Establish Presence in Hong Kong and Macau
In September 2019, Basel-based Institut Straumann joined hands with Hong Kong-based Modern Dental Group Limited to cater to the dental needs of Hong Kong and Macau. This joint venture will be fructified through the creation of a distribution company called Peak Dental Solutions Hong Kong Ltd. Such strategic collaborations will enable major companies in this market to establish their presence globally and build a strong distribution network in other regions. Some companies are also acquiring other competitors to gain an extra edge in the market. For instance, Dentsply Sirona acquired Israel-based MIS Implants Technologies, a fellow competitor in this market.
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