Press Release Description
Global Dental Implants and Prosthetics Market to Achieve a Tremendous CAGR of 8.5% during 2024-30
The Global Dental Implants and Prosthetics Market size was valued at USD 9.8 billion in 2023 and is estimated to grow at a CAGR of around 8.5% during the forecast period, i.e., 2024-30, cites MarkNtel Advisors in the recent research report. Expansion opportunities within the market are on the rise due to a surge in tooth decay & gum disease. This growth is further fueled by older individuals from diverse backgrounds seeking cosmetic dentistry services, creating promising prospects for this industry.
During the forecast period, it is anticipated that there will be a substantial increase in the Dental Implants and Prosthetics Market, as a result of elevated levels of dental tourism. Individuals are opting for such services in countries like India, the Philippines, Thailand, Mexico, Turkey, the UAE, Poland, Costa Rica, Hungary, etc., where treatment costs are comparatively lower compared to developed economies. As certain nations provide cost-effective yet reliable treatments, namely India, Thailand, Malaysia, and Mexico, medical tourism rates have climbed, which consequently fosters growth within the dental implant industry, further states the research report, “Global Dental Implants and Prosthetics Market Analysis, 2024.”
Global Dental Implants and Prosthetics Market Segmentation Analysis
Titanium Implant Material to Seize Significant Market Share
Based on the Dental Implant-Material, the market is further bifurcated into Titanium Implants and Zirconium Implants. The Dental Implants and Prosthetics Industry is predicted to be dominated by Titanium Implant Material due to its remarkable biocompatibility and solid endurance in the upcoming years. This segment can withstand piercing pressures because of its exceptional strength & resilience, which leads to long-lasting performance that might last for several decades with proper maintenance. Additionally, Osseo Integration promotes a firm bond with human bone tissue, which, in turn, minimizes the risk of rejection or complications. Moreover, as titanium is non-reactive, allergic reactions are rare among patients, which further strengthens their position in the market.
Asia-Pacific to Overpower Other Regions
Throughout the projection period, Asia-Pacific ruled over the worldwide Dental Implants and Prosthetics Industry over the past period. This region boasts a robust healthcare infrastructure that is forecasted to greatly propel advancements within this sector due to various initiatives such as government-led campaigns promoting oral hygiene alongside financial subsidies for relevant procedures. Furthermore, APAC's aging demographic has resulted in an elevated need for tooth-loss management products while also ensuring exceptional levels of oral health are upheld. Moreover, as wealth continues rising among multiple countries grouped under APAC, substantial investments have been made towards associated dentistry services which bolsters positive expansion across the entire field.
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including Institut Straumann AG, Envista Holdings Corporation, Dentsply Sirona Inc., Henry Schein, Inc., Osstem Implant Co., Ltd., 3M Company, Zimvie Inc, Mitsui Chemicals, Inc., Coltene Group, Ivoclar Vivadent AG, Avinent Implant System, Bicon, Llc, Adin Dental Implant Systems Ltd., Dio Corporation and others are looking forward to strengthening their market position.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the Global Dental Implants and Prosthetics Market?
- What key factors would propel and impede the industry across the region?
- How has the industry been evolving in terms of geography, and product & service adoption?
- How has the competition been shaping across various regions?
- How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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