Dental implants: Key market research findings
- Technological advances in dental implants
- High market growth prospects in China
Technavio has released a new market research report on the dental implants market in China, which is expected to generate revenues of $700 million by 2020. Increase in edentulous population and the rising popularity of medical tourism in China has boosted the demand for dental implants. The major vendors are establishing themselves by decreasing the average selling price of their products and by forming collaborations with smaller companies.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“The dental implants market is witnessing a series of technological innovations such as advent of mini implants, bone augmentation and 3D imaging. Mini implants help patients recover faster compared to regular implants, are less expensive and enable faster recovery. Also, the market is witnessing rise in locally manufactured dental implants, owing to their cost-effectiveness,” says Brahadeesh Chandrasekaran, Lead Analyst, Healthcare & Lifesciences, Technavio Research.
China is an emerging market for dental implants, where the vendors will find it easy to penetrate the market through product innovation and by providing implants at a low cost. Vendors are focusing more on China as they can establish and expand their business, generate high revenue, and increase their market share in the country.
The key players in the dental implants market in China are Danaher, DENTSPLY Implant, Straumann, and Zimmer-Biomet. This market is dominated by foreign players like Straumann, Noble Biocare, DENTSPLY Implant, and Zimmer-Biomet. In 2013, around 90% of the total market share was occupied by the foreign players as they have access to extensive financial resources. To survive and succeed in this competitive market, the vendors have to form strategic partnerships with smaller companies as it will help them to reduce the average selling price of their products.
A more detailed analysis is available in the Technavio report, Dental Implants Market in China 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
- Dental Implants Market in Europe 2015-2019
- Global Dental Implants Market 2016-2020
- Dental Implant Market in Japan 2015-2019
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