Global Dental Implants and Prosthetics Market Outlook 2030
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Product Code:
RP-ID-10059346 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
142 -
Category:
Healthcare & Pharmaceuticals -
Publisher:
Pub-ID-12
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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The global dental implants and prosthetics market is estimated to be valued at ~USD 4 billion in 2021 and is projected to grow at a CAGR of ~12% from 2022 to 2030. These are some of the key factors driving the market growth. Prosthetics play an important role in increasing the demand for these implants through oral rehabilitation that helps restore patients; oral function and facial shape. Restrictions on removable dentures such as discomfort, lack of natural appearance and need for maintenance are increasing acceptance of dental implants by patients and oral surgeons. Implants inserted into implants improve aesthetics without affecting soft tissues and are expected to further accelerate the market.
According to statistics from the World Health Organization (WHO), about 10 million people are injured or injured in road accidents each year. Additionally, according to the American Academy of Dental Implants, more than 15 million people in the United States each year receive bridges and crowns due to tooth loss, reducing the demand for dental implants. Countries are effectively closing their factories, which has a negative impact on medical device manufacturers.
According to an article published by Mondak, the healthcare sector relies heavily on China for essential raw materials, raw materials and complex medical finished products. Although China is the fourth largest supplier of medical devices to the United States, the closure of manufacturing plants in China will have an immediate negative impact on the market. China relies heavily on China for exports, has serious supply problems, and ultimately limits its ability to monetize the market. According to a survey by the North American Dental Group, about 71% of people are hesitant to see a dentist for alternative care because of concerns about COVID-19. Many countries impose sanctions on voluntary practices such as dental care.
According to CBC News, the cost of resuming dental care during a COVID-19 outbreak is higher as it can lead to higher rates as stricter guidelines and protocols must be followed. Dental conglomerate Strauman Group has announced that it will lose more than $30 million in the Asia Pacific region in the first quarter of 2020. However, as the number of COVID-19 cases decreases, hospitals may open and an effective vaccine is expected. It is an optional procedure that is selected based on the patient;s ability and comfort.
IMPLANT TYPE OVERVIEW :
The titanium segment dominates the dental implant market with widespread use of titanium dental implants, which accounted for the largest sales share at 90% in 2020. The biocompatibility of pure titanium is one of the main benefits of its use.
The raw form of titanium contains other minerals such as ilmenite, iron, vanadium, zirconium, silicon and magnesium. The chemical synthesis process involves converting a raw titanium intermediate into a pure titanium alloy through a series of extraction and purification reactions.
Titanium dioxide is very toxic to the human body and must be removed from titanium implants, and the zirconium content is expected to increase rapidly over the forecast period. A substance called zirconium behaves like titanium.
Titanium implants can be made from one or two and zirconia implants can be made from one. Two-part implants have better properties, such as the ability to support additional prostheses. Implants come in a variety of sizes (length and width), allowing you to choose an implant based on your patients bone size.
REGIONAL OVERVIEW :
North America led the market with the highest revenue growth rate of 36% in 2020. The main drivers of the regional market are the increasing number of elderly people with high prevalence of dental disease and the high public awareness of preventive and convalescent oral care in the region.
According to the American Academy of Dental Implants, 3 million people currently wear dental implants. This figure is due to greater access to resources, more per capita population, more aesthetic concerns, and higher awareness in developed countries than in developing ones.
In Asia Pacific, the market is expected to grow rapidly during the forecast period owing to economic stability and rising revenue. Asian countries are very densely populated and the elderly population is increasing. The country is also known for its affordable treatments and is a major market for medical tourism. One of the most important factors in the market is the growing confidence in aesthetic implants. Growth is also expected during the forecast period, driven by the introduction of new technologies such as CAD/CAM prosthetics and increasing awareness of dental care.
LARGE ENTERPRISE OUTLOOK AND MARKET SHARE :
Large enterprises are expanding their product portfolios and engaging in dental implants, focusing on strategic initiatives such as consumer adaptability for new product launches, partnerships, partnerships, mergers and acquisitions.
In addition, the focus on geographic expansion, strategic partnerships and partnerships through mergers and acquisitions will intensify competition among key players in the future. In May 2020, the Strauman Group partnered with Southern Implants to announce a new junctional implant solution for patients with severe jaw bone loss. This new solution combines the proven capabilities of implants with the advantages of BLX and BLT Traumann prostheses. The major players in global Dental Implant market include: BioHorizons IPH, Inc.,Nobel Biocare Services AG, Zimmer Biomet Holdings, Inc., OSSTEM IMPLANT, Institut Straumann AG, Bicon, LLC, Leader Italy, Anthogyr SAS, DENTIS, DENTSPLY Sirona, DENTIUM Co., Ltd., T-Plus Implant Tech. Co., KYOCERA Medical Corporation.
MARKET SEGMENTS COVERED BY THE REPORT:
This report predicts global, regional and national revenue growth, and analyzes the latest industry trends in each sub-segment from 2022-2030. For the purpose of this research, Kenneth Research will report on the global dental implant market by implant type and region: Outlook implant type (revenue, million USD, 2022-2030), titanium implant, zirconium implant.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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