LONDON, July 20, 2017 /PRNewswire/ -- KEY FINDINGS
The Global Dental Implant and the Prosthetic market is expected to grow at a CAGR of 7.96% during the forecast period of 2017-2025. The revenue generated by the market is expected to increase from $8696 million in 2016 to $17307 million by 2025. The major factors driving the growth of the market are the increasing incidences of dental caries, dental issues in the elderly, growing edentulism in the economically challenged class, newer technologies leading to more effective care, a surge in number dental procedures, and the growing urbanization in the Asia-Pacific countries.
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MARKET INSIGHTS
The Global Dental Implants and Prosthetics Market is segmented into dental prosthetics by-products, dental implants by procedure, by material, and by type. By-products, the market can be subdivided into crowns & bridges, dentures, inlays and onlays and veneers. The dental implants by procedure include plate-form dental implants and root-form dental implants. The dental implant by materials is categorized into titanium and zirconium. Titanium as a material for implants is preferred as it is more versatile than zirconium and is used to make two piece and one piece systems.
On the other hand, the zirconia-containing ceramics used in some of the dental applications are mainly of three types-, zirconia toughened alumina, yttrium cation doped tetragonal zirconia polycrystals, and magnesium cation doped partially stabilized zirconia.
On the basis of type, the global dental implants market is categorized into value implants, premium implants, and discounted implants. The premium implants held the major share of the market in 2016 due to a high demand from developed countries such as Japan, Germany, and the US. Factors like use of CAM/CAD technologies in order to improve design, growing usage of dental biomaterials, increasing specialization in cosmetic dentistry, and the growing dental tourism in emerging nations are providing the global dental implant and prosthetics market with plenty of growth opportunities
REGIONAL INSIGHTS
The market for Global Dental Implants and Prosthetics is geographically divided into four major regions, namely, the North America, Asia-Pacific, Europe and the Rest Of The World. Of these, the Asia-Pacific market is expected to hold the largest share by the end of the forecast period because of factors like increasing elderly population and rising prevalence of dental caries in the region. In the year 2016, China was the dominant market in Asia-Pacific in terms of the revenue generated.
However, it is the Indian market which is expected to show a fast growth due to the rising investments by the Government of India with schemes like 'Make in India' that are committed towards FDI investments in the healthcare sector.
COMPETITIVE INSIGHTS
The major players in the global dental implant and prosthetic market are Avinent Implant System, Danaher Corporation, Ivoclar Vivadent, Nova Implant Medical Device and Development, Osstem Implant Co, DENTATUS AB, NOBEL BIOCARE SERVICES AG, AB Dental, Henry Schein, Neoss Ltd, Zimmer Biomet Holdings Inc, and Straumann Holding Ag.
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