Dental Implants Market Poised to Grow due to Increasing Prevalence of Dental Diseases

The dental implants market involves implantation of artificial roots for fixing tooth replacements. Dental implants incorporate screws or frames made of materials like titanium which are surgically placed into the jawbone. They help support restorations that resemble a natural tooth in appearance and function. The demand for dental implants is rising owing to their advantages like durability, natural appearance and feel of real teeth. The implants integrate with the bone with time and can withstand heavy chewing forces just like normal teeth. They are considered an effective solution for tooth loss as compared to removable options like dentures. The increasing cases of tooth loss and other dental diseases is a major factor driving the growth of the dental implants market.

The Global Dental Implants Market Demand is estimated to be valued at US$ 6598.08 Mn in 2024 and is expected to exhibit a CAGR of 2.8% over the forecast period 2024 to 2030.

Key Takeaways

Key players operating in the dental implants market are East Penn Manufacturing Co. Inc., Exide Technologies, Johnson Controls International plc, MasterVolt BV, Optima Batteries Inc., Saft Groupe SA, Trojan Battery Company, VARTA AG, Vetus BV, Victron Energy BV, Yuasa Battery Inc., Leoch Battery Corporation, MK Battery, NorthStar Battery Company, Rolls Battery Engineering. The companies are focusing on inorganic growth strategies like acquisitions and partnerships to enhance their market presence. For instance, in 2022 Dentsply Sirona acquired Byte for $1 billion to expand its implant business.

The rising preference for cosmetic dentistry along with growing medical tourism in developing regions provides huge opportunities in the dental implants market. Countries like India, Hungary, Mexico are popular destinations for dental treatments owing to availability of latest technologies and comparatively lower costs. Additionally, increasing penetration of dental insurance is encouraging more people to opt for costly options like dental implants.

The global expansion of key players through new facilities and strengthening of distribution networks across regions will further aid the growth of dental implants market until 2030. For example, Straumann Group expanded its production capacity in China, Russia and Brazil. Growing middle class population with higher spending on oral healthcare in developing economies of Asia Pacific and Latin America acts as a major growth Driver.

Market Drivers

Increasing prevalence of dental issues like cavities, missing teeth due to injury, gum diseases or age is a key factor propelling the dental implants market growth. As per the World Health Organization, oral diseases affects over 3.5 billion people globally with untreated tooth decay being one of the most common health conditions worldwide. With rising focus on dental aesthetics, implants are becoming preferred over other tooth replacement options in terms of function and appearance which is boosting the market demand.

PEST Analysis

Political: The dental implant market is regulated by the Food and Drug Administration (FDA) in the US. Any new products or significant changes to existing products require FDA clearance. This ensures safe and effective products are available to consumers.

Economic: Rising disposable incomes and growing health awareness is increasing people's willingness to spend on expensive dental procedures like implants. High treatment costs can also be covered through dental insurance plans.

Social: An aging population is driving the need for implants as a solution for tooth loss. Rising life expectancy means people are retaining their natural teeth for longer through better oral hygiene and care. This raises acceptance of advanced treatments like implants.

Technological: Manufacturers are developing new surface coatings and materials like zirconia to improve the biocompatibility and strength of implants. Dental scanners and 3D printing techniques enable customized implant designs and accurate placement through surgical guides. Virtual treatment planning using digital workflows is gaining ground.

North America accounted for the largest share of the market in 2019, driven by favourable reimbursement scenarios in the US and Canada, growing generic penetration and technological advancements.

The Asia Pacific region is expected to be the fastest growing market during the forecast period. This is attributed to rapidly increasing incomes, growing medical tourism industry and rising focus on aesthetics in countries like China, India and South Korea. Penetration of dental implants remains relatively low here compared to developed markets, offering high growth opportunities.

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