(PharmaNewsWire.Com, May 04, 2022 ) The Dental Implants Market is expected to grow on a decent note, i.e. reach US$ 7.8 Bn at a CAGR of 6.4% between 2022-2031. VR-based healthcare solution providers are creating ripples and are expected to continue with the same even in the forecast period. The services include critical procedure simulations, medical training, stroke rehabilitation, non-motor and motor rehabilitation, pain relief, autism care, anxiety reduction, and even battling depression. This would be the case with the healthcare vertical shortly.
The global dental implants market is valued at US$ 4.2 Bn in 2021, and is expected to surpass a valuation of US$ 7.8 Bn expanding at a CAGR of 6.4% from 2021 to 2031. This intelligence study by PMR projects industry insights to give better understanding of the global landscape. Globally, rising aging population has increases the demand for dental implants in the market.
Some of the major drivers which help in increasing demand for dental implants are rising aging population and growing concern for oral healthcare. Rising demand for cosmetic dentistry also supports the growth of dental implants market.
High cost of dental implants surgery in countries such as the U.S. and the U.K. supports the growth of medical tourism in different part of the world including Malaysia, Hungary, Costa Rica, and India. However, limited reimbursements for dental implants surgery are restraining the growth of the dental implants market.
Various technological advancements in dental implants such as Computer Aided Design (CAD), 3D imaging, mini dental implants, laser dentistry, sedation dentistry, and nanotechnology have improved dental surgical procedures.
Europe is the largest market for dental implants due to growing concerns regarding oral hygiene, increasing clinical adoption of dental implants therapy, and technological advancements. Some of the fastest-growing markets for dental implants in Europe are the U.K., France and Germany.
Titanium implants is the largest material-based segment and is expected to expand at a substantial CAGR over the decade.
The dental implants market in North America is expected to witness moderate growth attributed to aging population, rising awareness about oral health and technological advancement in dental implants surgery procedures. Adoption of advanced dentistry by North American people also plays important roles in driving the growth of the dental implants market.
According to the American Dental Hygienists’ Association (ADHA), approximately 75% of American adults were suffering from various forms of gum diseases in 2008. However, Asia Pacific is the fastest growing dental implants market. Growing concern about oral health and medical tourism are some factors driving the growth of the dental implant in the Asia Pacific market.
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