The global market for Dental Implants Market is growing continuously and expected to grow at a CAGR of 4.6% from 2015 to 2022
The Global Dental Implants Market has been evaluated as steadily growing market and it is expected that the market will continue to grow similarly in the near future. Dentistry is one of the oldest medical professions and it became more defined and professional after 1700s. Dental implant is replacement teeth roots. Dental implant is artificial tooth root and it is fixed in jaw. Dental implants do not affect nearby teeth and it helps to improve appearance, oral health, eating and confidence as well. Increasing awareness among the consumers regarding the oral health is major driver for the growth of the dental implants market worldwide. Consumers are becoming more conscious about oral health and appearance which is leading the growth of niche segment like cosmetic dentistry.
Rapidly increasing aging population is another important driver for the dental implants market, because after certain age, elderly people may face some dental problems and it is necessary to take some dental treatments. Dental implant manufacturers and solutions providers are investing huge money in R&D to develop more innovative product or solution for the growing dental implant market. Hospitals are also providing advance facilities to the patients which are helping them to attract more number of patients. Global Dental Implants Market was around US$ 4.3 billion in 2015 and it is expected to reach USD 5.9 billion by 2022 at a CAGR of 4.6% during the forecast period.
Regional Analysis:
Considering the global scenario of the market, North America region is believed to be the largest market for Dental Implants. Moreover the European market is also growing and second largest market for Dental Implants. On the other hand, Asia-Pacific market is expected to grow at fast rate in the Dental Implants during the forecasted period. Middle East and Africa is likely to have a limited but steady growth in the market.
Segmentation:
Dental Implants market has been segmented on the basis of Material type which comprises of Titanium dental implants, Zirconium dental implants and others. Titanium implants holds 75.8% of global dental implant market by type of material and expected to continue its growth during the forecast period. Zirconium dental implant is growing and expected to grow at a CAGR of 5% during the forecast period. On the basis of procedure type it is segmented into Root-Form dental implant, Plate-Form dental implant, and others. Root-form dental implants are most commonly used throughout the World, while plate-form implants are expected to grow at fast pace during the forecast period. On the basis of End User it is segmented into Dental Hospitals & Clinics Market, Dental Research Laboratories, and others. Dental hospitals and clinics holds largest market share in end user segment of dental implants market. Dental research laboratory is expected to grow at fast pace, Dental research laboratory is expected to grow at a CAGR of 4.9% during the forecast period.