LONDON, Jan. 31, 2017 /PRNewswire/ -- The global dental implants and prosthetics market was worth $7,574.0 million in 2015 and it is expected to grow at a CAGR of 7.3% during 2016-2022. Among the various dental prosthetics, the bridges and crowns segment is expected to witness the fastest growth at a CAGR of 7.1% during the forecast period.
Tooth fall could occur due to various reasons such as tooth decay, trauma or destruction of dental tissue. Dental implant is a fixture inserted in the jaw, which act as tooth root and is restored with the help of crown, bridge or denture. It replaces absent tooth roots that look, feel and function like natural teeth. Titanium and zirconium are used to manufacture dental implant, as they offer durability and strength with unique properties and fuses directly into the bone. Dental implants also help to restore the residual bone by providing the stimulation and preventing future bone loss.
Endosteal implant and subperiosteal implant are the major types of dental implants. Endosteal implants are widely used and directly embedded into the jawbone through surgery. The dental implant procedure is a step-by-step process involving dental implant evaluation, and placement of implants and dental crown. The surgery involves procedures to replace missing teeth without disturbing the adjacent tooth.
Based on dental implant material, the global dental implant market has been segmented as titanium implant and zirconium implant. The titanium implant segment held the larger share in the global implant market in 2015. Based on dental prosthetic, the global dental prosthetic market has been segmented as bridges and crowns, dentures and abutments. The bridges and crowns segment held the larger share in the global dental prosthetic market in 2015.
The global dental implants and prosthetics market is growing due to increasing geriatric population, increasing medical tourism and increasing healthcare expenditure. The increasing incidence of tooth caries and periodontal condition, and increasing dental awareness are also driving the growth of the global dental implants and prosthetics market. Older people are at higher risk for developing dental problems. As per the United Nations Department of Economic and Social Affairs (UN-DESA) report on the global aging population, the population of people aged 60 years or above is growing with high rate. The percentage share of people aged 60 years or above was 11.7% in 2013 and it is expected to reach 21.1% by the end of 2050.
The restraints hampering the growth of the global dental implants and prosthetics market include limited dental reimbursement and high cost of dental implants.
Geographically, Europe is expected to continue being the largest market for dental implants and prosthetics globally during 2016-2022. It is due to growing geriatric population and increasing dental awareness. The North American dental implants and prosthetics market is growing at a significant rate mainly due to growing aging population and increasing dental awareness. However, the Asia-Pacific market of dental implants and prosthetics is expected to witness the highest growth during the forecast period. This is due the growing geriatric population, increasing healthcare expenditure, increasing medical tourism, large pool of patients, modifying lifestyle and increasing dental awareness in the region.
Some of the key companies operating in the global dental implants and prosthetics market include Straumann Holding AG, DENTSPLY International Inc., Zimmer Biomet Holdings, Inc., Danaher Corporation, Osstem Implants and AVINENT Implant System.
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