Global Dental Implant Market, by Technique (Root Form and Plate Form), by Material Type (Titanium, Zirconia, Ceramic, and Others), by Demographics (Geriatric, Middle Aged, Adult, and Others), by End User (Hospitals, Dental Clinics, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 4,237.2 million in 2019 and is expected to exhibit a CAGR of 6.5%, over the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.
Major manufacturers and research institutes are focusing on the development of the innovative dental products with an aim to improve oral health. Moreover, large number of clinical trials are ongoing that is focusing on development of novel and innovative dental implants. For instance, on January 8, 2019, Zimmer Biomet initiated the clinical trial to study the effectiveness of the Eztetic Dental Implant System, when placed in the anterior regions of maxilla or mandible. The study is estimated to complete in December 2022.
Browse 35 Market Data Tables and 38 Figures spread through 186 Pages and in-depth TOC on "Global Dental Implant Market, by Technique (Root Form and Plate Form), by Material Type (Titanium, Zirconia, Ceramic, and Others), by Demographics (Geriatric, Middle Aged, Adult, and Others), by End User (Hospitals, Dental Clinics, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027"
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The rising adoption of inorganic growth strategies such as acquisitions by major players operating in the dental care industry is expected to drive growth of the dental implant market. For instance, in September 2019, Henry Schein, Inc. acquired three dental product manufacturers, which include Intra-Lock (a U.S.-based dental implant company), Medentis Medical (Germany-based dental implant company), and Pro-Cam Implants (CAMLOG's exclusive distributor in the Netherlands). These acquisition helped the company to expand its business in different regions to enhance its existing product portfolio with innovative technologies and products and enhanced its manufacturing capabilities.
Moreover, growing concern of tooth loss among the adults and geriatric population globally resulted in increasing number of dental implantation procedures. For instance, according to statistics by the American Academy of Implant Dentistry in August 2018, around 3 million people in the U.S. received dental implants. Moreover, around 500,000 people undergo dental implantation treatment each year in the U.S. Thus, such rising number of dental implant procedures is expected to drive the dental implant market growth during the forecast period.
Key takeaways of the global dental implant market: