March 17, 2020
As per the report titled ‘Asia Pacific Dental Implants Market Size By Product, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2018 - 2024’, available with Market Study Report LLC, Asia Pacific dental implants market is projected to exceed USD 915 million by the year 2024.
Increasing geriatric population who are prone to oral disorders, coupled with rising prevalence of edentulism in India and China is driving the growth of dental implants market in Asia Pacific. Surging dental tourism on account of low treatment costs in emerging nations is further enhancing the market outlook. However, poor reimbursement scenario and lack of skilled professionals especially in developing economies may hinder the market growth during the forecast period.
Based on the product terrain, parallel-walled implants segment was worth USD 149.7 million in 2017 and is expected to grow considerably during the study period. Superior aesthetics and versatility offered by these implants, in consort with surging use of digital technologies such as CT and CAD/ACAM for navigation and imaging is stimulating product adoption.
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On the other hand, titanium dental implants segment accounted for 72% market share in 2017 and is expected to see substantial growth in the forthcoming years. Robust mechanical properties, biocompatibility, and high strength of these implants are fueling the segment growth.
Speaking of the end-use spectrum, Asia Pacific dental implants market from hospitals segment amassed USD 160 million in 2017 and is presumed to see a sizeable growth during analysis period. The growth can be affixed to increasing establishment of multi-specialty hospitals offering various dental services and specialized treatments. Furthermore, rising cases of gingival/periodontal disease among adults aged 45 years and above will boost the segment share in the coming years.
Considering the geographical landscape, India dental implants market is slated to register a CAGR of 7.4% during 2018-2024. Increasing prevalence of oral diseases and rising dental tourism are the major factors stimulating the dental implants industry in India. Soaring disposable income, increasing healthcare expenditures, and availability of affordable dental services will also contribute towards the regional market growth.
Prominent players of Asia Pacific dental implants market are Danaher Corporation, Osstem Implants, Institut Straumann AG, Zimmer Biomet, Dentsply Sirona, and Henry Schein.
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