by The global dental implant market has been experiencing steady growth owing to increasing incidences of oral diseases, tooth loss, and growing dental tourism. Dental implants are a preferred choice over other oral restoration methods as they provide stability, structure, and function of natural teeth.
The global Dental Implants Market is estimated to be valued at US$ 5727.5 Mn in 2023 and is expected to exhibit a CAGR of 2.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends
The rising incidences of oral diseases such as dental caries, gingivitis, and periodontitis have led to tooth loss, which is one of the primary factors driving the dental implants market. According to the Global Burden of Disease Study, nearly 3.5 billion people worldwide were affected by oral diseases in 2015. The growing geriatric population is also contributing to the dental implants market growth as aged people are more prone to tooth loss and oral diseases. Other key factors such as the introduction of technologically advanced dental implants and their rising adoption, increasing cosmetic dental procedures, and government support and awareness programs regarding oral health are also fueling the market growth.
SWOT Analysis
Strength: Dental implants provide superior aesthetics as compared to other options like bridges and dentures. They look and feel just like natural teeth.
Weakness: Dental implant procedure requires numerous visits to the dentist and is expensive. There is also risk of infection and failure during osseointegration process.
Opportunity: Increasing cases of tooth loss due to rising incidence of periodontal diseases and accidental injuries creates demand for tooth replacement therapies like dental implants. Growing medical tourism in emerging markets offers scope.
Threats: Alternative treatment options like dental bridges and removable dentures can hamper the growth. Regulatory norms govern the dental implant procedure and approval of new products.
Key Takeaways
The global Dental Implants Market Share is expected to witness high growth. The global dental implants Market is estimated to be valued at US$ 5727.5 Mn in 2023 and is expected to exhibit a CAGR of 2.8% over the forecast period 2023-2030.
Regional analysis comprises the North America region that currently dominates the market and is projected to continue its dominance during the forecast period. Factors such as growing medical tourism in Mexico coupled with rising dental expenditure and availability of advanced treatment options drive the market in this region.
Key players operating in the dental implants market are Straumann, Nobel Biocare Services AG, Dentsply Sirona, Zimmer Biomet, BioHorizons, Implant Direct, CAMLOG, Anthropic, DRI, Implant Innovations, HI-TEC IMPLANTS, Neoss, Osteoplant, etc. Straumann currently leads the global dental implants market supported by widespread distribution channels and continuous new product development.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
