Dental Implants and Prosthetics Market Worth 12.32 Billion USD by 2021
PUNE, India, September 19, 2016 /PRNewswire/ --
According to a new market research report "Dental Implants and Prosthetics Market by Type (Implant, Crown, Bridge, Denture, Abutment, Veneer, Inlay, Onlay), Material (Titanium, Zirconium, Ceramic, Porcelain-Fused-to-Metal), Type of Facility (Hospitals, Dental Laboratories) - Forecast to 2021", the market is expected to grow at a CAGR of 7.2% between 2016 and 2021 to reach USD 12.32 Billion by 2021.
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This market growth can be attributed to factors such as the rapidly increasing aging population, growing demand for cosmetic dentistry, and growing incidences of dental caries and other periodontal diseases.
This report analyzes the dental implants and prosthetics market on the basis of dental implants, dental prosthetics, type of facility, and regions.
The dental implants market is further segmented on the basis of material, procedure, and type. On the basis of material, the dental implants market is segmented into titanium and zirconium implants. By procedure, the dental implants market is segmented into root-form dental implants and plate-form dental implants. Based on type, the dental implants market is segmented into premium, value, and discounted implants.
The dental prosthetics market is further segmented into crowns, bridges, dentures, abutments, veneers, and inlays & onlays. Dental bridges are further subsegmented into 3-unit bridges, 4-unit bridges, Maryland bridges, and cantilever bridges. Based on material, the dental crowns and bridges market is subsegmented into PFM, all-ceramic, and metal segments. Based on the type of facility segment, the dental implants and prosthetics market is segmented into hospitals and clinics, dental laboratories, and other type of facility such as academic and research institutes. On the basis of region, the dental implants and prosthetics market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
In 2015, titanium implants accounted for the largest share of the dental implants market. The large share and high growth of this segment can mainly be attributed to higher adoption of titanium implants by dental professionals due to their biocompatibility, strength, and durability. Premium implants accounted for the largest share of the global dental implants market, by type. However, the discounted implants segment is expected to witness the highest growth in the next five years. Growth in the discounted implants segment can mainly be attributed to its increasing use by dental professionals in emerging economies. Dental bridges accounted for the largest share of the dental prosthetics market. By type of facility, the hospitals and clinics segment accounted for the largest share of the global dental implants and prosthetics market in 2015. The large share of this segment is mainly due to the increasing number of dental hospitals and clinics.
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Europe is the largest regional segment for the Dental Implants Market. The large share of this regional segment can be attributed to the favorable reimbursement scenario, increasing government expenditure towards healthcare, and growing aging population. On the other hand, the Asia-Pacific (APAC) region is expected to witness the highest growth rate during the forecast period, due to less stringent regulations, increasing number of hospitals and clinics, growing demand for dental procedures, and growing dental tourism.
The market players, namely, Institut Straumann AG (Switzerland), DENTSPLY Sirona Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Danaher Corporation (U.S.), and 3M Company (U.S.) held a major share of the dental implants and prosthetics market. These companies focused on strategies such as acquisitions, agreements, and new product launches to sustain their presence in the market. The other key players in the global dental implants and prosthetics market include AVINENT Implant System (Spain), CAMLOG Biotechnologies AG (Switzerland), BioHorizons IPH, Inc. (U.S.), OSSTEM IMPLANT Co., Ltd. (South Korea), and Bicon, LLC (U.S.).
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Single Tooth Implants and Dental Bridges Market by Product (Single Tooth Implants, Dental Bridges), by Type (3-unit, 4-unit, Maryland, Cantilever, Partial), by Material (PFM, All Ceramics and Metal Alloys) - Global Forecasts to 2019
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