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NEW YORK, N.Y., USA: The global dental implants market is projected to exceed $6.5 billion by 2018, according to a report by Research and Markets, a publisher of international market research and market data. The market is set to grow at a sizable pace given the growing volumes of implant procedures, aging demographics, favorable pricing points, higher awareness levels, enhanced aesthetic value, and increasing preference for premium products.
Due to the many benefits of dental implants, there is a gradual increase in the number of patients opting for dental implant treatment over dentures, according to the report. Apart from demographic drivers, the dental implant market is also propelled by an increase in penetration rates. Substitution of conventional bridge, crown and denture treatment comprises a major growth driver in the dental implant market.
Currently, dental implants are employed in only 15 to 20 percent of the treatments for tooth loss, while crowns, dentures and bridges are employed in rest of the cases. The cosmetic significance of dental implants is also gaining foothold among patients, owing to the marketing strategies implemented by manufacturers with the help of dental practitioners.
In terms of technology advancements, the digitalization trend is fast picking up in the dental implants market, with traditional procedures being gradually replaced by digital technology to enable seamless incorporation of processes starting from scanning to final prosthesis. Survival and osseointegration are not the only parameters that define clinical success of endosseous implants for replacing missing teeth. Functional and esthetic parameters of prosthetic restoration are now being considered as important aspects to be included while defining success as well as failure in the implant dentistry.
Currently, the bone graft substitute and dental implant markets continue to face significant challenges due to the economic difficulties choking the European region. With consumer sentiments expected to remain weak, growth in the market over the near term is forecast to be relatively anemic. A major affect of the change in the market environment is the substantial penetration of low cost implant products.
(Source: Research and Markets)
