by The dental implants market involves the placement of artificial tooth roots into the jawbone to hold dental prostheses such as bridges, dentures, and crowns. Dental implants are made of surgically grade materials such as titanium and are surgically placed into the upper or lower jawbone. Implants act as an anchor to hold replacement teeth in place, which can help people who have lost teeth or who want to fix seriously damaged teeth. Dental implants provide an alternative to dentures and bridges and have advantages such as improving chewing efficiency and comfort, enhanced aesthetic look, and improved speech and less tooth sensitivity. Increasing incidences of oral diseases, rising cases of dental caries and trauma, growing geriatric population, rising disposable income, increasing cases of teeth loss, and growing preference for cosmetic dentistry is fueling the demand for dental implants worldwide.
The Global dental implants market 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 Dentsply Sirona Inc., Institut Straumann AG, Zimmer Biomet Holdings, Inc., Danaher Corporation, and Henry Schein Inc. Dentsply Sirona Inc. and Institut Straumann AG captured major market share in 2020 due to their wide range of approved product portfolio, strong geographical presence, research initiatives, and strong brand image. The increasing prevalence of oral diseases, growing popularity of cosmetic dentistry, and rising dental tourism are expected to drive the demand for dental implants across the globe during the forecast period. The growing application of dental implants in developed and emerging economies to replace lost teeth will boost the global market expansion over the coming years.
With rising incidences of oral diseases and tooth loss globally, the demand for dental implants is significantly increasing. As per the FDI World Dental Federation, oral diseases affect nearly 3.9 billion people worldwide. Per the WHO, oral diseases pose a major health burden for many countries and affect individuals throughout their lifetime if unchecked. With growing focus on dental aesthetics due to rising disposable income and improving standard of living, dental implants are gaining widespread acceptance, especially in developed regions.
Owing to the rising demand for cosmetic and restorative dental procedures globally, the preference for dental implants over other tooth replacement methods is growing steadily. In addition, increasing availability of advanced treatment options, growing medical tourism for cost-effective treatments, and rising awareness regarding dental care are some factors responsible for the growing global market for dental implants. Regions like Asia Pacific, Latin America, and Middle East & Africa offer enormous growth opportunities for major players. Technical advancements to provide longer-lasting implant solutions and developing customized treatment approaches to expand eligible patient segments will further support market growth over the forecast period.
Market Drivers
Rising dental tourism is a major driver bolstering the growth of the global dental implants market. Many patients from developed countries travel overseas especially to Asia Pacific region and Latin America countries in search of affordable dental care for various restorative procedures like dental crowns, veneers, bridges, and implants. Countries like Thailand, Costa Rica, Mexico, Hungary, and India are popular destinations for dental tourism due to world-class infrastructure, treatment by highly trained dental surgeons, and significantly lower costs. It is estimated that over 1.5 million Americans travel overseas annually for major surgical and restorative dental treatments that can be up to 5-8 times cheaper than US costs. This trend of medical tourism is expected to stay and drive the demand for dental implants worldwide.
Impact of Geopolitical Situation on Dental Implants Market Growth
The dental implants market is facing several challenges due to the ongoing geopolitical tensions and instability across various regions worldwide. The Russia-Ukraine conflict has disrupted the supply chains and trade dynamics for many medical device manufacturers. Supply of raw materials like titanium has been affected due to sanctions on Russia, which is a major supplier. This is negatively impacting the production volumes and driving up costs for dental implant producers. Additionally, restrictions on exports from Ukraine are leading to raw material shortages. Many European countries rely heavily on Ukraine and Russia for metals and their ongoing conflict is exacerbating global supply issues. Moreover, the weakening economies and declining healthcare spends in countries involved in conflicts/ wars would dampen the demand for dental implants procedures in the coming years. Similarly, political disturbances and economic instability in several Asian and Middle Eastern nations are impeding market growth. The dental implants market players need to diversify their sourcing networks and establish local manufacturing facilities to mitigate such geopolitical risks in the long run.
Geographical Regions with Highest Concentration in Dental Implants Market
North America currently dominates the dental implants market and is expected to retain its top position during the forecast period, in terms of value. This can be primarily attributed to the rising prevalence of dental diseases, growing geriatric population susceptible to tooth loss, increasing demand for cosmetic dentistry, and high reimbursement rate for dental implants procedures in the region. Another major regional market is Europe which captures over one-third of the global dental implants sales. However, Asia Pacific is likely to witness the fastest gains and emerge as the new hotspot for dental implants market. Factors such as expanding patient pool, increasing medical tourism, rising disposable incomes, growing dental awareness, and improving reimbursement scenarios are expected to drive the uptake of dental implants in Asia Pacific.
Fastest Growing Region in the Dental Implants Market
Asia Pacific is poised to register the highest CAGR of around 3.5% in the global dental implants market during 2024-2030. This fast growth can be accredited to the prevalence of an immense population base, surge in dental care expenditures, rapidly developing medical infrastructure, and rising medical tourism in the region. In addition, growing cases of oral diseases due to changing lifestyles, expanding middle-class segment with greater spend on healthcare, and increasing government funding for oral health programs are aiding the Asia Pacific market growth. Furthermore, several manufacturers have shifted their production facilities to Asian countries like China and India in view of low manufacturing costs. Such factors are favoring the Asia Pacific dental implants industry and it is expected to offer abundant opportunities for players during the forthcoming years.
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1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
