The global dental implants market was surpassed at USD $4.60 billion in 2022 and is expected to hit around USD $11.72 billion by 2032, growing at a CAGR of 9.80% from 2023 to 2032.
Report Scope of The Dental Implants Market:
|Market Size In 2022||USD $4.60 Billion|
|Revenue Forecast By 2032||USD $11.72 Billion|
|Growth Rate From 2023 to 2032||9.80%|
|Segments Covered||Implant Type|
|Market Analysis (Terms Used)||Revenue In USD Million/Billion And CAGR From 2023 To 2032|
|Regional Scope||North America; Europe; Asia Pacific; Latin America; Middle East & Africa|
|Key Companies Profiled||BioHorizons IPH, Inc.; Nobel Biocare Services AG; Zimmer Biomet Holdings, Inc.; OSSTEM IMPLANT; Institut Straumann AG; Bicon, LLC; Leader Italy; Anthogyr SAS; DENTIS; DENTSPLY Sirona; DENTIUM Co., Ltd.; T-Plus Implant Tech. Co.; KYOCERA Medical Corp.|
Increasing applications of dental implants in various therapeutic areas along with rising demand for prosthetics are some of the key factors expected to boost the industry growth. Prosthetics play a major role in propelling the demand for these implants through oral rehabilitation, which helps in restoring the oral function and facial form of a patient. Acceptance level for dental implants is increasing among patients and dental surgeons due to limitations of removable prosthetics, such as discomfort, lack of natural appearance, and need for maintenance.
Prosthetics mounted on dental implants do not encroach on soft tissues and enhance aesthetics, which is further expected to drive the industry. The industry witnessed a minor setback due to the COVID-19 pandemic in the second and third quarters of 2020 due to supply chain bottlenecks and the closure of dental clinics. However, after the second quarter of 2020, dental procedures started to resume leading to a full market recovery by 2021. Companies like Straumann, which has a comprehensive portfolio of implants and implant solutions namely Neodent, Medentika, and Anthogyr, reported that their industry share increased from 27% to 29% from 2020 to 2021. This implies that the company expanded its customer base and geographical presence considerably post-pandemic.
An increasing number of dental injuries, owing to road accidents and sports injuries, are also some of the major factors favoring the demand for dental implants. The World Health Organization (WHO) data suggests that nearly 10 million people are injured or disabled due to road accidents every year. In addition, according to the American Academy for Implant Dentistry, over 15 million people in the U.S. undergo bridge and crown replacements for missing teeth every year, thus facilitating the demand for dental implants. Dental implants are long-term replacements preserving adjacent teeth, which are ground in the case of bridges. It is considered the only restorative technique that preserves and stimulates natural bone and also acts as a stable support for prosthetics (dentures).
Moreover, dental implants improve the physical appearance of a person and provide comfort and convenience, unlike removable dentures. The U.S. held a substantial share in 2021 due to the growing number of dental implant placement procedures undertaken per year. For instance, each year, nearly 5 million implants are placed in the U.S. as per the American Dental Association. Moreover, as a developed region, the U.S. population has a higher affordability rate for dental implant procedures. High healthcare spending in this region is expected to propel market growth. Two of the major companies, named Biomet and DENTSPLY Sirona are headquartered in the U.S., which contributes to greater penetration of this market.
The National Institute of Dental and Craniofacial Research has found that tooth loss in American adults begins between the ages of 35 and 45, adults over the age of 45 years have lost a few teeth, and more than 24% of adults aged above 74 years are completely edentulous. Thus, indicating a high demand for dental implants. COVID-19 significantly affected the industry in the initial quarters of 2020. The majority of dental practices were out of work due to regional and state lockdowns and supply chain bottlenecks for essential dental equipment and implants. However, the demand for preventive and cosmetic dental treatments has witnessed a surge and key implant manufacturers like Dentsply, Straumann, Osstem, etc. reported that the sales of their dental consumables, as well as implants, grew significantly in 2021 and this trend is expected to grow further.
Global Dental Implants Market Segmentation: