Global Information Inc. would like to present a new market research report, "Dental Implants Market to 2018 – Technical Advancements and Procedure Efficiency are Resulting in the Increased Preference for Dental Implants over Traditional Dental Devices" by GBI Research.
The global dental implants market is expected to grow at a Compound Annual Growth Rate (CAGR) of 10% from $3.4 billion in 2011 to $6.6 billion in 2018. The major factors driving the market are the increasing preference for dental implants as a treatment option for tooth replacement over traditional solutions, and the availability of advanced solutions for dental implants based on digital dentistry, thereby increasing procedure efficiency. In an effort to increase physician adoption, a number of manufacturers are focusing on training and education programs, which are expected to drive the adoption of dental implants in a big way. Emerging countries such as India and China show potential for market growth due to increasing awareness and large patient populations, although price and surgeon efficiency could restrain the market.
Emerging countries such as China, India and Brazil are expected to be the fastest growing markets globally due to factors such as favorable demographics, increasing urbanization and better patient awareness. This is reinforced by the fact that China, India and Brazil accounted for 16% of the market in 2011, expected to increase to nearly 24% in 2018.
The dental implants markets in China and India are expected to grow at very high rates of 19% and 24% respectively during the forecast period. These countries account for a huge patient population due large populations and correspondingly large aging populations.
According to Nobel Biocare, there are nearly 70 million edentulous people in India alone (Nobel Biocare, 2009). As a result there is a huge demand for dental implants as a treatment option for tooth replacement. An increased life expectancy in these countries is also seeing more people opting for tooth replacement treatments.
Major manufacturers are focusing on establishing market presence in these geographies through wholly owned subsidiaries in China and India. Straumanns recent acquisition of a 49% share in Neodent has given it enhanced access to the Brazilian market. Smaller local manufacturers are also capitalizing on the growing demand for dental implants in countries such as China.
The presence of local players and chains of private dental laboratories in countries such as China and India is expected to drive the adoption of dental implants.
The dental implants market accounts for 78% of global market revenue, followed by dental biomaterials with 12% and crowns and bridges with 10%.
There is an increasing preference for dental implants as a treatment option over conventional devices such as the crowns, bridges or dentures. Nearly 50 million patients in Japan, North America, and European regions have false teeth or bridges, but only 2% of the total patient population has dental implants. However, with 500,000 dental implant procedures annually in the US alone, a rapid uptake of dental implant procedures is to be expected in the future (AAID, 2011),
Conventional fixed bridges require neighboring teeth to be ground down, leaving them susceptible to tooth decay, gum disease and eventual loosening of the teeth. Dentures are also associated with certain limitations, especially removable dentures which can slip while eating or speaking, causing discomfort.
Dental implants are, on the other hand, effective long-term solutions for the treatment of tooth loss, and will eventually fuse with the underlying bone through osseointegration. Implants are similar to the natural tooth and can be placed within the bone, making it resemble and perform the functions of the natural tooth.
The potential clinical and economic benefits are therefore making dental implants a viable treatment option over conventional treatments for tooth loss.
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