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The global dental implants market size was USD 3.66 billion in 2020. The global impact of COVID-19 has been unprecedented and staggering, with dental implants witnessing a drastic negative demand shock across all regions amid the pandemic. Based on our analysis, the global market has witnessed a decline of 13.7% in the year 2020. The market is USD 3.74 billion in 2021 and is expected to reach USD 5.71 billion in 2028 at a CAGR of 6.2% in the 2021-2028 period. The sudden rise in CAGR is attributable to the market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.
Tooth loss has become a common problem resulting from aging, poor eating habits, lack of oral hygiene, and accidents among the world's population. Dental implants are the devices used to support dental prosthetics/false teeth. According to the facts given by the Foundation for Oral Rehabilitation (FOR), more than 240 million people in 2020 are completely or partially edentulous. The increasing demand for tooth implants is expected to grow rapidly due to the implants' advantages over other tooth replacement methods such as safety, effectiveness, natural-looking teeth, and durability.
Extended application of computer-aided design/computer-aided manufacturing (CAD/CAM) technology in implant dentistry has resulted in the simplified and cost-effective production of precise and durable implant components. Moreover, this technology facilitates non-invasive flapless surgeries resulting in reduced healing time and postoperative discomfort while preserving the soft tissues of the teeth.
The growing awareness about oral health, the surge in the economies, and the rise in the importance of aesthetic restoration of tooth implants are factors poised to boost the growth of the market during the forecast period.
Postponed Elective Procedure amid COVID-19 to Lead to Revenue Decline
The COVID-19 pandemic has significantly impacted the medical device market involving elective surgical procedures. The dental procedures involve close contact between the patient and the dentists, increasing the spread of COVID-19 infection. Due to all such risks, the regulatory and government authorities from several countries have postponed elective surgeries.
The outbreak of COVID-19 had a drastic decline in the growth of dental implants industry. Several countries such as U.S., Italy, UK, which are the major markets of implants imposed lockdown measures and all the dental facilities were closed. A decline in the number of patient visits to the dental facilities has been witnessed due to the fear of getting infected. Hence, factors such as disruption of supply chain, elective procedures being postponed, unwillingness of patients to visit to healthcare facilities especially dentists due to the fear of getting infected, etc. are the major factors hampering the sales of implants in the year 2020. For instance, in March 2021, as per the Dental Intelligence customer base, the dental practice revenue dropped by 6% year-over-year in 2020.
Furthermore, the dental implant manufacturers are facing great challenge as cancellation of dental procedures across the globe has resulted in revenue decline of their dental business. For instance, according to the annual report of Institut Straumann AG, the implant solution segment that includes dental implants witnessed a major decline of -14.5% in 2020. This was primarily attributable to the negative impact of COVID-19 pandemic on the company’s dental business.
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Growing Adoption of Digital Implant Dentistry to Augment Market Growth
Penetration of digital technologies in the dental industry is booming these days with variable uses from diagnosis, implant designing, implant manufacturing, placement, etc. The use of dental scanners, CAD/CAM machines, CBCT, and 3D printing technology has been employed in dental offices and laboratories, allowing dentists to implement modern dental treatment approaches. The market is expected to witness a positive growth owing to this type of modernization of dental practices and the adoption of the latest technology trends in digital dentistry.
Increasing Prevalence Of Dental Disorders to Boost Market Growth
Major factors contributing to the growth of the market include the increasing incidence of tooth loss, high demand for aesthetic dentistry, rise in per capita healthcare spending, and the launch of technologically advanced products in the market. Dental implant placement is one of the preferred types of treatment for missing teeth. Prevalence of edentulism is high among the elderly age group. Hence, demographic changes in the form of a rapidly aging population are likely to drive the growth of the market.
According to the Centers for Disease Control and Prevention data, the prevalence of edentulism was in the range of 9% among older adults during 2011–2016. Significant innovations in terms of material quality such as biocompatibility, non-allergic nature, and natural appearance boost the adoption of tooth implants among patients. Moreover, the rise in the prevalence of other oral diseases such as dental caries, periodontal diseases, and tooth decay is likely to fuel the growth of the market for dental fixtures during the forecast period.
Technological Advancements in Dentistry to Stimulate Market Growth
Clinicians with decades of experience can look back at the advances in dentistry and state clearly that the dental profession has experienced an exciting amount of technological growth. One such innovation is the introduction of digital dentistry. Digital dentistry is defined as any device that incorporates computer controlled or digital components in contrast to that of electrical or mechanical alone.
Penetration of digital technologies in the dental industry is a novel trend with variable uses from diagnosis, implant designing, implant manufacturing, placement etc. The use of digital scanners, CAD/CAM (computer aided design/computer aided manufacturing) machines, cone beam computed tomography (CBCT), electric and surgical/implant hand pieces, and 3D printing technologies has been employed in various dental clinics and medical facilities, allowing dentists to implement modern dental treatment approaches. Such modernization of dental practices and the growing adoption of latest technology trends in the field of dentistry are poised to augment dental implants market growth.
High Cost of Implants Procedures to Restrict Market Growth
Dental implant procedures are expensive and are dependent on multiple factors such as type of implant, nature of implant material, design of the implant, and the number of teeth to be replaced with the implant. The developing and underdeveloped countries are struggling to get access to proper dental facilities and dentists. Moreover, there is limited awareness of dental disorders and available treatment options. The economic status of these countries limits the spending on dental treatments. These factors are likely to restrict the growth of the market.
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Titanium Implant Segment Projected to Dominate
The titanium implants segment is expected to hold a major dental implants market share in the global market. This is attributable to its suitability to almost all the procedures, non-allergic nature, and biocompatibility.
Other implant materials include Zirconium and alloys made by mixing the titanium with other materials. According to the data published by NCBI, the construction of endosseous implant devices, titanium, and its alloys has become well-accepted and can be considered the choice materials.
Endosteal Implants Segment to Hold Largest Market Share
In terms of the type of product, the endosteal implants held a major market share in 2020. These are the most commonly used types of dental implants that are located in the bone. As per the American Academy of Periodontology (AAP), endosteal implants are most widely used implants in dentistry. These implants are found in two shapes; blade and cylinder/screw-type.
Complex and comparatively invasive procedures for using transosteal implants are likely to hinder the growth of transosteal implants during the forecast period.
Tapered Implant Segment to Showcase Considerable Growth
In terms of design, the market has been categorized into tapered implants and parallel walled implants.
Among them, the tapered implant segment held the leading share of the market. The tapered wall implants are ideal for immediate placement, well designed for narrow gaps with root proximity of adjacent teeth. These benefits make them a popular choice of treatment after immediate extraction of the teeth. These implants offer better stability in softer bones.
The parallel walled implants achieve greater stability and hence are likely to continue to grow during the forecast period.
Dental Clinic Segment to Hold Significant Market Share
In terms of the end-user, the market has been segmented into hospitals, dental clinics, and academic and research institutes.
The dental clinics segment dominated the market with a significant share owing to the high preference given to the specialty clinics for such a type of implant procedures by the population. The availability of specialized dental equipment and skilled dentists is expected to contribute to the segment's growth.
Europe Dental Implants Market Size, 2020 (USD Billion)
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Geographically, the market has been categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The revenue generated from the Europe market was USD 1.36 billion in 2020, which was driven by the high adoption of tooth implants, the presence of a large number of dental implant manufacturers, favorable reimbursement policies, and the continuously rising geriatric population.
North America is projected to hold the second-largest share of the market in 2020. The high prevalence of edentulism, growing number of dentists in the U.S., availability of advanced equipment, and high acceptance of digital dentistry are some of the factors likely to drive the market growth in North America
Asia Pacific is projected to expand at a significantly high growth rate owing to the presence of a large patient pool and the growing adoption of advanced dental implants. Furthermore, the rising medical tourism in countries such as India, China, and Singapore is likely to favor the market growth in the region.
The market in Latin America is booming due to growing medical tourism in Brazil and Mexico, increasing healthcare spending, and high awareness regarding advanced treatments.
The market in the Middle East and Africa region will continue to expand at considerable market share during the forecast period attributable to the growing medical tourism in GCC countries and the increasing healthcare spending in the region.
Institut Straumann AG Leads the Market with Broad Product Portfolio and Wide Range of Premium Products Offered
The market is consolidated, with few key players holding a major chunk of the market. Industry leader Institut Straumann AG holds a dominating place with its broad product portfolio in the industry's premium segment and offers a wide range of implants with premium prices. Strong product offerings and successful penetration across major revenue generating regions, including Europe, North America, Asia-Pacific, and South America regions, have made the company a leading provider of tooth implants worldwide. Followed by Straumann, Danaher, and Dentsply, Sirona marks a strong global presence in the market
An Infographic Representation of Dental Implants Market
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The dental implants market research report provides a detailed market analysis. It focuses on key aspects such as leading companies, implant types, material type, design type, and end-user. Besides this, it offers insights into the market trends, impact of COVID-19, prevalence of dental disorders, among other key insights. In addition to the factors mentioned above, the report encompasses several factors that have contributed to the growth of the market over recent years.
Value (USD Billion)
Material; Type; Design; End User; and Region
By End User
Fortune Business Insights says that the global market stood at USD 3.66 billion in 2020 and is projected to reach USD 5.71 billion by 2028.
In 2020, the market value stood at USD 3.66 billion.
The market will exhibit steady growth at a CAGR of 6.2% during the forecast period (2021-2028).
By material, the titanium implants segment will lead the market.
The increasing prevalence of dental diseases, the growing penetration of digital equipment, and peoples willingness to spend on dental health are the key drivers of the market.
Institut Straumann AG, Dentsply Sirona, Danaher are the major players in the market.
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