LIST OF FIKEY FINDINGS
The global dental implant and the prosthetic market are anticipated to generate revenue of $XX million and XX thousand units by 2027, at a CAGR of 8.65% and 9.51% respectively throughout the forecasting years of 2019-2027. The major factors driving the growth of the market are the increasing incidences of dental caries, dental issues in the elderly, growing edentulism in the economically challenged class, newer technologies leading to more effective care, a surge in number dental procedures and the growing urbanization in the Asia-Pacific countries.
The global dental implants and prosthetics market is segmented into dental prosthetics by-products, dental implants by procedure, by material and by type. Concerning the products segment, the market has been subdivided into crowns & bridges, dentures, inlays and onlays, and veneers. The dental implants by procedure include plate-form dental implants and root-form dental implants. The dental implant by materials is categorized into titanium and zirconium. Titanium as a material for implants is preferred as it is more versatile than zirconium and is used to make two pieces and one piece systems. On the other hand, the zirconia-containing ceramics used in some of the dental applications are mainly of three types; namely, zirconia toughened alumina, yttrium cation doped tetragonal zirconia polycrystals, and lastly, magnesium cation doped partially stabilized zirconia.
On the basis of type, the global dental implants market is categorized into value implants, premium implants, and discounted implants. The premium implants held the major share of the market in 2016 due to high demand from developed countries such as Japan, Germany, and the US. Factors like the use of CAM/CAD technologies to improve the design, growing usage of dental biomaterials, increasing specialization in cosmetic dentistry and the growing dental tourism in emerging nations are providing the global dental implant and prosthetics market with plenty of growth opportunities. The aging population is expected to proliferate the demand for various restorative, preventive and surgical services owed to the augmented expenditure on self-care and high awareness levels regarding the presence of various options available for oral health care.
The market for global dental implants and prosthetics is geographically divided into four major regions: North America, Asia-Pacific, Europe and the collective countries forming the Rest of World. Of these, the Asia-Pacific market is expected to hold the fastest growing market by the end of the forecast period with respect to both units and revenue because of factors like increasing elderly population and rising prevalence of dental caries in the region. In the year 2018, China was the dominant market in the Asia-Pacific in terms of the revenue generated. However, it is the Indian market which is expected to show a fast growth due to the growing investment by private and public players in the healthcare sector and the adoption of new technologies for the sector’s progress. For instance, as per the ministry of health development of 50 new technologies that was aimed in the year 2016.
Europe market is expected to dominate the global market for dental implants and prosthetics by 2027 and has been leading the market by both revenue and units in 2018. This is expected due to the partial reimbursement for implant procedures and the large presence of local implant manufacturing companies that are effectively driving the dental implants and prosthetic market in Europe during the forecasted period.
The major players in the global dental implant and prosthetic market are Zimmer Biomet Holdings Inc., Avinent Implant System, Bicon, LLC, Institut Straumann AG, Biohorizons IPH, Inc., Danaher Corporation, Dentsply Sirona Inc., Henry Schein, Inc., (Straumann Holding AG), Ivoclar Vivadent, 3M, Mitsui Chemicals, Inc., Straumann Holding AG, Ultradent Products Inc., Young Innovations, Inc. and Camlog Biotechnologies AG (Camlog Holding AG).