Dental Implants Market Connected with DENTSPLY Implants and Straumann AG Highlighted as a Market Key Driver in the Heading

Global Dental Implants Market size
Global Dental Implants Market 



The global Dental Implants Market is estimated to be valued at US$ 5,049.7 million in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Dental implants are bio-compatible titanium rods or screws that are placed in the jawbone to support dental prosthetics like dentures, bridges, or artificial teeth. Dental implants provide a stable, durable and long-lasting solution for tooth replacement compared to other methods like dentures. They mimic the root structure of a natural tooth and help preserve surrounding bone structure. Dental implants offer benefits like comfort, ability to chew or speak normally, and preservation of facial structure unlike removable bridges or dentures. The growing preference for dental aesthetics and rising incidence of oral health issues are fueling the demand for dental implants globally.

Market key trends:
Increasing number of individuals receiving dental implants worldwide is a key trend in the market currently. The COVID-19 pandemic temporarily affected the dental implants market; however, a significant rise in dental implant procedures has been witnessed since economies began reopening. According to the American Academy of Implant Dentistry, over 3 million Americans have dental implants placed each year. Rising disposable incomes coupled with the benefits of dental implants over other tooth replacement options will continue driving the global market over the forecast period.
Porter’s Analysis

Threat of new entrants: The threat is medium as the dental implant market requires high R&D investments and dental implant technology expertise which pose entry barriers for new players.

Bargaining power of buyers: The bargaining power of buyers is medium as the dental implant procedures are elective but demand is increasing due to rising dental disorders.

Bargaining power of suppliers: The bargaining power of suppliers is low due to presence of numerous global players supplying raw materials and dental implant components.

Threat of new substitutes: The threat is low as dental implants are a permanent solution for tooth replacement over other substitutes like dentures.

Competitive rivalry: The competitive rivalry is high among the major players to increase their market share through new product launches and strategic partnerships.

Key Takeaways

The Global Dental Implants Market size is expected to witness high growth, exhibiting CAGR of 6.5% over the forecast period, due to increasing prevalence of dental diseases and rising dental tourism.

The North America region currently dominates the market and is expected to continue its dominance during the forecast period. This is mainly attributed to the growing medical tourism and availability of advanced dental treatment options in the region.

Key players operating in the dental implants market are DENTSPLY Implants, Straumann AG, Bicon Dental Implants, Anthogyr, KYOCERA Medical Corporation, Lifecore Dental Implants, Zest Anchors, Implant Innovations Inc, BioHorizons IPH, Inc., Neobiotech USA. Inc., Sweden & Martina, TBR Implants Group, Global D, and MOZO-GRAU, S.A. DENTSPLY Implants and Straumann AG capture majority of the market share owing to their robust product portfolio and global footprint.

 

Read More: https://www.trendingwebwire.com/dental-implants-market-analysis/

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