Increase in incidences of tooth loss, age related dental diseases, rise in per capita income in healthcare sectors followed by governments initiatives, high demand for aesthetic dentistry and launch of advanced technology products in dentistry are some of the factors that are responsible for the rise dental implant market.
The global dental implant market was valued at USD 3.9 billion in 2020, and it is expected to reach USD 7.2 billion by 2027, with a CAGR of 9.2%, during the forecast period-2021-2027.
Dental implants or implantation is the surgical procedure which is done with the bone of jaw or skull to provide a rigid support to dental prosthesis like dentures, bridge, facial prosthesis, crown, or an orthodontic anchor. Dental implant is known as prosthetic dentistry, but it also categorized as cosmetic dentistry.
Implantation helps to bring back the confidence of smiling again, talking without hesitation, and eating food of one’s choice. This surgery makes feel carefree and help to boost self-confidence. However, tooth loss can have negative impact on eating habits and there are chances of leading some secondary health problems like malnutrition. By replacing the lost tooth with dental implants provide people the strength of eating and chewing without any difficulties. Dental implants also help to provide a proper shape to the jaw line and support the facial bone structure. Prosthetics plays an important role in triggering the demand for dental implants via oral rehabilitation, which helps to restore facial structure of patients.
Awareness and acceptance among the people related to the implants and demand for prosthetics boost the dental implant market. Prosthetics mounted on dental implants does not invade the soft tissue hence, do not cause any kind of discomfort, which further stimulates the demand for dental implant market. According to the studies, it is found that global population is aging rapidly due to certain external factors like life style, diet, prone to the diseases etc., with increase in number of older populations there is there is increase in number of patients with dental diseases.
During the time of Covid-19 pandemic, there was comparatively a smaller number of visits for dental check-ups or surgeries, which lead to decline in the market growth of dental implants. It is expected that, as the situation normalises, there will be increase in number of dental check-ups. But there will be still a fear of getting infection, which would again affect the growth of dental market. In many countries like U.K where dental practices are resumed and contributing to the growth of market.
From last few years, dentistry has gained much more importance, mainly for the purpose of cosmetics. This focussed on new advanced technologies which is being used in the processes like digital x-rays, CAD, laser dentistry etc. This has gained lot of attention in healthcare sectors and act as a driver for over market. The upcoming technologies and artificial intelligence like robotics are creating opportunities in the dental implant market. Also, the demand for innovative equipment and products is expected to accelerate the growth of the industry over the coming years.
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