Dental implants: Key market research findings
- Increased adoption of CAD/CAM technology to drive market growth
- Titanium segment to continue market dominance over the forecast period
- Key vendors – Dentsply, Danaher, Straumann, and Zimmer-Biomet
Technavio’s market research analysts predict the global dental implants market to grow at a CAGR of more than 5% between 2016 and 2020. The increase in adoption of CAD/CAM technology is the primary driving force behind growth in this market. Vendors are producing dental implants that are superior compared to the conventional dental implants with the growing implementation of CAD/CAM technology such as pain-free virtual evaluation of suitability of dental implants. EMEA accounted for around 48% of the market share to become the dominant shareholder in the global dental implants market in 2015. Factors such as technological advancements, growth in elderly populace, and increasing awareness about oral health are expected to fuel growth in the dental implants market in EMEA during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the dental implant segments based on the product.
“Increase in M&A is an ongoing trend in the global dental implants market. Vendors are increasingly adopting strategies such as acquiring and merging with small or medium-sized companies in an attempt to strengthen their product portfolios and productivity. These alliances also result in the integration of R&D facilities which enables the manufacture of advanced products and offering of novel treatments,” says Barath Palada, Lead Analyst, Healthcare & Lifesciences, Technavio Research.
Titanium is the most commonly used material for dental implants owing to its high biocompatibility with bone. The widespread adoption of titanium dental implants can be attributed to its superior strength, low density, and corrosive-resistant characteristics. Factors such as the increase in the perseverance of of oral diseases coupled with the rising awareness of oral health is expected to boost the growth of titanium dental market during the forecast period.
The key vendors in the global dental implants market include Dentsply, Danaher, Straumann, and Zimmer-Biomet. The global dental implants market is highly consolidated owing to the presence of major players like Straumann, Nobel Biocare, Zimmer-Biomet, and Dentsply. In this market, there is intense competition among the top players because of the pricing pressure and low reimbursement for dental implants worldwide. To survive and succeed in this market, the major players focus on product innovations and new marketing strategies as it helps them to bolster their revenue generating capacity.
A more detailed analysis is available in the Technavio report, Global Dental Implants Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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