A dental implant is an artificial tooth that acts as a replacement tooth for people who have lost their teeth as a result of injury, periodontal disease, or for any other reason. These substitutes are placed in the jaws to support the restorations. Dentures are used to reconstruct defects such as the soft or hard structure of the jaw, missing parts, and reconstruction of missing teeth using crowns, bridges, and dentures. This treatment offers a more permanent solution thanks to recent technological advances in prosthesis.
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The global dental implants and prostheses market was $ 3,351.88 million in 2018 and is expected to reach $ 5,107.81 million by 2025 at a CAGR of 6.20% during the forecast period.
Growth by region
Europe dominates the global dental implants and prostheses market, which is attributed to factors such as increasing aging of the population, increasing public spending on oral care in the region, increasing the adoption of cosmetic dental treatments and the high reimbursement rate for prosthetic products compared to other regions. Also, the presence of key players in the region is considered a major determining factor. Asia Pacific is expected to grow at the highest CAGR during the forecast period due to factors such as growing healthcare awareness, increasing medical tourism to countries like India, Japan , Malaysia and others, and the increasing incidence of dental problems.
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Drivers vs constraints
Factors driving the growth of the market include increasing popularity of cosmetic dentistry procedures, increase in dental implant surgeries, increase in the number of people suffering from periodontal diseases, increase in awareness and concerns regarding oral hygiene, the increase in the geriatric population and the increase in disposable income which has led to the increase in health expenditure. The high cost of high-end dental implants, the limited number of implantologists, unfavorable reimbursement policies, and the high risk of tooth loss associated with dental bridges are some of the factors that may hamper the growth of the market.
Industry Trends and Updates
In March 2018, Dentsply Sirona Inc. acquired OraMetrix. OraMetrix is a provider of 3D technology solutions and CAD platform for dental professionals. The acquisition aims to enhance the orthopedic offering solution of Dentsply Sirona Inc. In December 2017, the Straumann Group acquired Same Day Solutions (SDS), a Portuguese distributor of dental implants, biomaterials and whitening products. The objective of the acquisition was to expand the company’s customer base and add additional sales power to its team.
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