by 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:
The dental implant market encompasses the products and services used for replacing missing teeth. Dental implants are artificial tooth roots that are surgically placed in the jawbone to provide a stable foundation for replacement teeth. They offer several benefits over traditional tooth replacement options, such as improved speech, enhanced comfort, better oral health, and increased durability.
Market Dynamics:
Driver: Increasing Demand for Advanced Dental Treatments
The rising awareness about oral health and the availability of advanced dental treatment options are driving the growth of the dental implants market. Dental implants offer a permanent solution for tooth replacement and are preferred over traditional dentures and bridges due to their durability and natural appearance.
For example, a study published in Clinical Oral Implants Research found that dental implants have a high success rate of around 96.3% over ten years, making them a popular choice among patients.
Driver: Growing Geriatric Population
The aging population is a significant driver for the dental implants market. As people age, they are more likely to experience tooth loss due to factors such as decay, gum disease, and wear and tear. According to the World Health Organization, the global population aged 60 years or older is expected to reach 2 billion by 2050.
The elderly population seeks dental implants to improve their oral health, aesthetics, and overall quality of life. This growing geriatric population is fueling the demand for dental implants worldwide.
SWOT Analysis:
Strength:
Technological Advancements:
Dental implant technologies are continuously evolving, leading to improved success rates and shorter treatment durations.
High Success Rate:
Dental implants have a high success rate and offer long-term benefits compared to traditional tooth replacement options.
Weakness:
High Treatment Costs:
Dental implant procedures can be expensive, making them less accessible to individuals with limited financial resources.
Lengthy Treatment Process:
Dental implant procedures require multiple appointments and a healing period, which may be a drawback for patients seeking quick solutions.
Opportunity:
Increasing Dental Tourism:
Growing dental tourism in developing countries offers opportunities for market growth. Affordable treatment costs and high-quality dental care attract patients from around the world.
Rising Adoption of Digital Dentistry:
The integration of digital technologies, such as 3D imaging, CAD/CAM systems, and guided implant surgery, improves the accuracy and efficiency of dental implant procedures.
Threats:
Lack of Awareness:
Limited awareness about the benefits of dental implants in some regions may hinder market growth.
Stringent Regulatory Policies:
Strict regulations and approval processes for dental implant products may restrict market expansion.
Key Takeaways:
The global dental implant market is expected to witness high growth, exhibiting a CAGR of 6.5% over the forecast period. This growth can be attributed to the increasing demand for advanced dental treatments and the growing geriatric population, who seek durable tooth replacement options.
Regionally, North America is expected to dominate the dental implant market during the forecast period. The region has a well-established healthcare infrastructure and a high awareness level regarding advanced dental treatments. Additionally, Asia Pacific is anticipated to experience the fastest growth due to the rising disposable income, improved healthcare infrastructure, and growing medical tourism industry.
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. These companies focus on product innovations, strategic partnerships, and mergers and acquisitions to enhance their market presence.
