Dental implant is an artificial tooth inserted in the jaw, which act as a tooth root and is restored with the help of crown, bridge or denture. Dental prosthetics are used to restore intraoral defects. The global dental implant and prosthetic market is growing at significant rate due to increasing prevalence of dental problems, technological improvement in dental products and increasing demand for cosmetic dentistry. Different types of prosthetics contributed to the dental prosthetic market size. The market has witnessed high demand for dental bridges over the last few years, due to cost effectiveness and used as alternative to tooth.
Insight by Type
On the basis of type, the dental prosthetic market is segment into dental crowns, dentures, dental bridges, abutments and others. The dental bridge segment is estimated to account largest share in the dental prosthetic market due to cost effectiveness and it can be used as alternative to the single tooth implant. Moreover, the global dental implant has also been segmented by type into root-form dental implants and plate-form dental implants.
Insight by Material
The global dental implant has also been categorized by material into titanium implants and zirconium implants. The titanium implants account the largest share in the dental implant market due to increasing adoption of titanium implants due to its advantages such as rigidity, high biocompatibility, greater corrosion properties, strength, and greater strain-bearing capacity.
Insight by Type of Facility
The global dental implant and prosthetic market has also been segmented by type of facility into hospitals and clinics, dental laboratories and others. The hospitals and clinics category hold the largest share in the market, due to increasing number of dental hospitals and clinics in emerging countries, and increasing number of group dental practice.
Technological advancement in dental implants and increasing demand for cosmetic dentistry are the major trends of the dental implant and prosthetic market. CAD technology is widely used by the dentists and dental laboratories to restore or creating tooth.
The increasing incidence of oral diseases such as tooth decay and periodontal disease, increasing healthcare expenditure, increasing demand of cosmetic dentistry and growing medical tourism in emerging markets are the primary growth drivers for dental implant and prosthetic industry. For instance, according to World Health Organization (WHO), globally 60%-90% of school children suffer from dental cavities.
Healthcare expenditure has witnessed high growth globally which has led to increase in adoption of implants and prosthetics. Mounting awareness programs for treatment and management, increasing geriatric population are also fueling the growth of the dental implants and prosthetics market. For instance, according to Center for Disease Control and Prevention (CDC), in 2015 approximately 84.7% of children aged 2 years to 17 years visited dentists in the U.S. Development of technologically advanced dental implants and prosthetic and increasing awareness of oral hygiene are also driving the growth of the market.
The high cost of dental implant and prosthetic products, high risk of tooth loss associated with dental bridges, unfavorable reimbursement policies and stringent regulatory requirements for the approval of products are the major challenges for the growth of dental implant and prosthetic market.
The global dental implant and prosthetic industry is highly consolidated as few players hold the major share in the market. The survival of new entrants and small players is a challenge for the growth in number of new entrants in the market due to high capital investment and stringent regulatory requirements for the approval process.
Geographically, Europe is the largest dental implant and prosthetic market due to the increase in the aging population, and increasing government expenditure on oral healthcare across Europe. Some of the other factors boosting the growth of the European dental implant and prosthetic market are mounting adoption of dental cosmetic treatments, increasing prevalence of dental problems, increasing awareness and concern about oral hygiene, and the high reimbursement rate on prosthetic products as compared to other regions.
Asia-Pacific is observed to witness fastest growth in the dental implants and prosthetic market. The region comprises of largest population and the awareness for dental implant and prosthetic is increasing rapidly among them. In addition, growing medical tourism, increasing disposable income, improving healthcare infrastructure, increasing demand for cosmetic dentistry, and increasing prevalence of dental problems such as cavities are also creating a positive impact on the dental implant and prosthetic market growth in the region.
Key players in the dental implant and prosthetic market are investing in the development of innovative and advance products, which is strengthening their position in the market. In July 2016, Straumann partnered with Botiss Biomaterial, to strengthen its position in European dental biomaterials market. In addition, in February 2016, Straumann partnered with Anthogyr, French dental implant manufacturer, in order to focus on broader section of the tooth replacement market in China.
Institut Straumann AG, Adin Dental Implant Systems, Danaher Corporation, Zimmer Biomet Holdings, Inc., Osstem Implant Co., Ltd., Henry Schein, Inc., Dentsply Sirona, Inc., Avinent Implant System, Bicon, LLC, DIO Corporation, Thommen Medical AG, and Southern Implants are the key players offering dental implant and prosthetic products.