September 25, 2019
According to the new research report available at MarketStudyReport.com under the title ‘Global Dental Implant Market Growth 2019-2024’, the worldwide dental implants market is predicted to surpass US $7230 million by the year 2024.
Dental implant is an artificial tooth root that is placed into the jaw under the gum line to provide support for the replacement teeth. It is beneficial for the oral health as they do not have to be attached to other teeth. Increasing inclination towards facial augmentation, growing awareness regarding oral health & dental procedures, and advanced technologies will fuel the dental implants market growth.
The report cites that the major manufacturers and customers of dental implants are situated in developed countries. The price of raw materials is relatively low, and the gross margin is high. The growth rate of consumption in developed nations is relatively much higher than the worldwide average growth rate. Dental implants market in emerging countries is presumed to register significant growth in imminent years.
According to the report, the global dental implants market was worth US $4590 million in 2019 and is projected to grow at a CAGR of 7.9% by the year 2024. The report also presents comprehensive insight about the segmental share, overview, growth opportunities, challenges and trends impacting the market growth.
The worldwide dental implants market is analyzed on the basis of application spectrum, product type and regional landscape. Speaking of the product type, the market is fragmented as titanium dental implant, zirconia dental implant, and titanium alloy dental implant. Considering the application spectrum, the market is segmented as dental clinic and hospitals.
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While based on the regional landscape, dental implants market is divided into four major regions which are Middle East & Africa, Asia Pacific, Europe, and Americas. However, EU dominated the dental implants with 44% consumption share and 39% production share in 2019.
The prominent companies operating in dental implants market include Xige Medical, Straumann, Neobiotech, Nobel Biocare (Danaher), B&B Dental, Astra/Dentsply, Southern Implants, Biomet, Alpha-Bio, Osstem, Kyocera Medical, GC, Zimmer, Dyna Dental and Zest.