The global dental implants market is estimated to be valued at US$ 5,049.7 million in 2022 and is expected to exhibit a CAGR of 6.5% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Dental implants are artificial tooth roots that are placed into the jawbone to provide a stable foundation for replacement teeth. They offer several advantages compared to traditional tooth replacement options, such as dentures and bridges. Dental implants can improve chewing ability, speech, and overall oral health. The need for dental implants is increasing due to the rising prevalence of dental diseases and the growing demand for aesthetic dental procedures.
Market Key Trends:
One key trend driving the growth of the dental implants market is the increasing number of dental implant surgeries. With advancements in dental technology and materials, more patients are opting for dental implant procedures to replace missing teeth. This trend is fueled by the rising awareness of the benefits of dental implants, such as improved oral functionality and aesthetics.
For example, a study conducted by Dentsply Sirona Inc., a leading provider of dental equipment and supplies, found that over 3 million dental implant procedures were performed in the United States alone in 2020. This number is expected to grow significantly in the coming years, contributing to the market growth.
PEST Analysis:
Political:
Government regulations and policies related to dental healthcare can impact the adoption of dental implants, such as licensing requirements for dentists and reimbursement policies for dental procedures.
Economic:
Economic factors such as disposable income levels and healthcare expenditure influence the affordability and accessibility of dental implant procedures.
Social:
The increasing importance of dental aesthetics and the desire for better oral health among the population drive the demand for dental implants.
Technological:
Advancements in dental implant materials, such as titanium and zirconium, and digital dentistry technologies, such as computer-aided design and computer-aided manufacturing (CAD/CAM), have improved the success rates and outcomes of dental implant surgeries.
Key Takeaways:
The global dental implants market is expected to witness high growth, exhibiting a CAGR of 6.5% over the forecast period, due to increasing dental implant surgeries.
Regionally, North America is expected to dominate the market due to the high prevalence of dental diseases and the presence of key market players.
Key players operating in the global dental implants market include 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.
In conclusion, the global dental implants market is poised for significant growth in the coming years due to the increasing number of dental implant surgeries and the advantages they offer. Advancements in dental technology and materials are driving the adoption of dental implants, leading to improved oral health and aesthetics for patients worldwide.
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.