Dental Implant and Prosthetic Market ? Key Futuristic Trends and Forecast 2024
Posted by Yash Chauhan on March 14th, 2019
The global dental implant and the prosthetic market is growing at a significant rate due to the increasing prevalence of dental problems, technological improvement in dental products and increasing demand for cosmetic dentistry. Different types of prosthetics contributed to the dental prosthetic market size.
Technological advancement in dental implants and increasing demand for cosmetic dentistry are the major trends of the dental implant and prosthetic market. CAD technology is widely used by the dentists and dental laboratories to restore or creating tooth.
The increasing incidence of oral diseases such as tooth decay and periodontal disease, increasing healthcare expenditure, increasing demand of cosmetic dentistry and growing medical tourism in emerging markets are the primary growth drivers for dental implant and prosthetic industry. For instance, according to the World Health Organization (WHO), globally 60%-90% of school children suffer from dental cavities.
Healthcare expenditure has witnessed high growth globally which has led to increase in adoption of implants and prosthetics. Mounting awareness programs for treatment and management, increasing geriatric population are also fueling the growth of the dental implants and prosthetics market.
The global dental implant and prosthetic industry are highly consolidated as few players hold the major share in the market. The survival of new entrants and small players is a challenge for the growth in the number of new entrants in the market due to high capital investment and stringent regulatory requirements for the approval process.
Geographically, Europe is the largest dental implant and prosthetic market due to the increase in the aging population and increasing government expenditure on oral healthcare across Europe.
Asia-Pacific is observed to witness the fastest growth in the dental implants and prosthetics market. The region comprises of largest population and the awareness for dental implant and prosthetic is increasing rapidly among them.
Institut Straumann AG, Adin Dental Implant Systems, Danaher Corporation, Zimmer Biomet Holdings, Inc., Osstem Implant Co., Ltd., Henry Schein, Inc., Dentsply Sirona, Inc., Avinent Implant System, Bicon, LLC, DIO Corporation, Thommen Medical AG, and Southern Implants are the key players offering dental implant and prosthetic products.
Source: VynZ Research
Like it? Share it!
About the AuthorYash Chauhan
Joined: February 25th, 2019
Articles Posted: 106
More by this author