Dental Bone Graft Substitutes Market
Dental tourism is on the rise as more dental patients, especially from rich countries, seek treatment in underdeveloped countries, thus benefiting the market growth. As per MRFR, the dental bone graft market is estimated to gain a CAGR of 9.4% in the forthcoming period. The market is predicted to rise due to higher oral conditions such as an older population, dental caries and periodontal disease, and augmented medical tourism in emerging economies. Market expansion may be subdued during the evaluation phase due to insufficient remuneration and strict rules.
Segmental Analysis
The segmental study of the dental bone graft substitutes global market has been conducted based on application, type, and end user. The global market segment for dental bone transplant alternatives is divided into allograft, alloplast, and xenograft. The global market segment for dental bone graft substitutes is segmented into sinus lift, socket preservation, ridge augmentation, periodontal defect, and implant-bone regeneration, based on application. Dental bone graft substitutes are segmented into hospitals and dental clinics based on the end user. The regional assessment of the dental bone graft substitutes market includes North America, Europe, APAC, and other vital regions.
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Detailed Regional Analysis
The regional evaluation of the dental bone graft substitutes market includes North America, Europe, APAC, and other vital regions. Due to a well-established player and rising incidence of oral disorders such as periodontal diseases and dental caries, Europe is expected to dominate the dental bone graft substitutes market. In the dental bone graft substitutes market, the Americas is predicted to hold the second-largest stake. Amplified aging population and heightened frequency of oral disorders such as dental caries and periodontal diseases are driving market expansion in this region. Japan, the Republic of Korea, China, Australia, India, and the rest of Asia-Pacific make up the dental bone graft substitutes market in the Asia-Pacific region.
Competitive Analysis
End-users in the business are predicted to exhibit a wide range of preferences in the coming years. The minimization of supply chain bottlenecks is the main objective that market challengers are intended to address aggressively in the predicted year. During the forecast period, the market is anticipated to offer new and profitable expansion options. The battle for the majority share is predicted to change the market landscape in the forecast period fundamentally. After the decline seen in the aftermath of the pandemic, the government bodies of various nations are believed to play an important role in the worldwide market’s resuscitation.
The market is more inclined to conduct business transactions online than in physical locations. Companies now have a new mission surrounding the customer journey and the rapid acceleration of digitalization due to the global pandemic. However, the upheaval produced by the COVID crisis has not only created a whole new dimension of risk. Still, it has also prompted enterprises to reassess risks as they navigate cautiously through an uncertain economic climate.
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The well-known contenders in the dental bone graft substitutes market are LifeNet Health (US), Dentium (South Korea), Geistlich Pharma AG (Switzerland), Orthogen, LLC (US), Zimmer Biomet Dental (US), Medtronic Plc (Ireland), Institut Straumann AG (Switzerland), Dentsply Sirona (US), and Biohorizons Iph, Inc. (US).
Industry Updates:
Oct 2021 A pioneering cooperation between the University of Western Australia (UWA) and the biotech start-up Marine Biomedical intends to create medical goods from marine resources such as nacre (mother-of-pearl). Mother-of-pearl may be used in dental fillings and spinal surgery, according to researchers. The first application is treating open fractures, but if the device is improved further, it might eventually be used for dental fillings and spinal surgery.
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