Dental Implants Market

Global Dental Implants Market Is Estimated To Witness High Growth Owing To Rising Dental Tourism & Increasing Number of Tooth Replacement Procedures

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The dental implants market is estimated to be valued at US$ 5,049.7 million in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
A dental implant is an artificial tooth root that is placed into the jaw to hold a replacement tooth or bridge. It is made up of titanium, which bonds well with bone and is biocompatible. Dental implants have emerged as an effective solution for replacing missing teeth as they look and feel like natural teeth. They provide support for dentures or bridgework and prevent deterioration of jawbone that occurs with traditional tooth loss. They also prevent slipping or tipping of adjacent teeth.

Market Dynamics:
The growth of the dental implants market is majorly driven by the rising dental tourism in countries such as India, Hungary, Thailand, and Mexico owing to availability of low-cost treatments. Furthermore, the number of tooth replacement procedures is increasing owing to the rising incidence of tooth loss due to factors such as periodontal disease, accidents, or decay. For instance, according to the American College of Prosthodontists, more than 175 million Americans are missing at least one tooth. Nearly 45 million Americans are edentulous and missing all teeth, with 36% of adults 65-74 years old edentulous. This significant number of missing teeth leads to the increasing demand for dental implants for tooth replacement which drives the market growth.

SWOT Analysis

Strength: The dental implants market has been witnessing increasing adoption as a treatment option for tooth loss as it provides superior functionality and esthetics compared to other options like dentures. The success rate of dental implants is very high at over 95% after 10 years. Technological advancements have improved durability and longevity of implants.

Weakness: The high cost of dental implant procedures poses affordability challenges for many patients. Additional costs are involved in maintenance of implants over the lifetime. There are certain limitations in usage for patients with medical conditions like diabetes, smoking or bruxism.

Opportunity: Rising income levels and spending on healthcare in emerging economies opens up new growth avenues. Increased awareness about advantages of dental implants boosts their demand. The geriatric population prone to tooth loss is on rise globally offering scope.

Threats: Alternative treatment options like all-on 4 dental implants have gained popularity lately, posing competition. New players are entering emerging markets with cheaper solutions impacting leaders. Economic slowdowns can negatively impact discretionary spend on dental care.

Key Takeaways

The Global Dental Implants Market is expected to witness high growth, exhibiting a CAGR of 6.5% over the forecast period of 2023-2030, due to increasing focus on aesthetics in dental care and rising prevalence of oral diseases.

The US dominates the regional analysis, accounting for over 25% share of dental implants market owing to high adoption of cosmetic and reconstructive dentistry. China & India are fastest growing markets in Asia Pacific due to growing medical tourism and rising accessibility to dental care.

Key players operating in the dental implants market are DENTSPLY Implants, Straumann AG, Bicon Dental Implants, Anthogyr, KYOCERA Medical Corporation, Lifecore Dental Implants, Zest Anchors, Implant Innovations Inc, BioHorizons IPH, Inc., Neobiotech USA. Inc., Sweden & Martina, TBR Implants Group, Global D, and MOZO-GRAU, S.A.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

Ravina
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Ravina Pandya,  Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.