Global Dental Implants Market Trends And Strategies
The global dental implants market is expected to decline from $4.46 billion in 2019 to $4.13 billion in 2020 at a compound annual growth rate (CAGR) of -7.56%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $5.45 billion in 2023 at a CAGR of 9.69%. The rising prevalence of dental caries that require dental implants for treatment increase the demand. However, the high cost of dental implants makes it unaffordable for medium and low-income groups, obstructing the growth of the dental implants market.
The dental implants market consists of sales of dental implants and related services by entities that manufacture dental implants. A dental implant is an artificial tooth root that is put in the jaw to carry a tooth or bridge substitution.
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The global dental implants market is further segmented based on type and geography.
By Product: Tapered Implants, Parallel Walled Implants
By Material: Titanium, Zirconium
By End-Use: Hospitals, Dental Clinics.
By Geography: The global dental implants market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the European dental implants market accounts for the largest share in the global dental implants market.
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Trends In The Dental Implants Market
The dental implant technology has advanced with the introduction of new technologies and equipment, which improve the consistency and quality of implant treatment. Companies are manufacturing implants that suit the patients’ aesthetics.
Dental Implants Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides dental implants market overviews, analyzes and forecasts dental implants market size and growth for the global dental implants market, dental implants market share, dental implants market players, dental implants market size, dental implants market segments and geographies, dental implants market trends, dental implants market drivers and dental implants market restraints, dental implants market’s leading competitors’ revenues, profiles and market shares. The dental implants market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.