Global Dental Implants Market (2010 -2015)17 Feb 2011 • by Natalie Aster
Wilmington – According to a new market research report, ‘Global Dental Implants Market (2010 -2015) ’, published by MarketsandMarkets , the global dental implants market is estimated to be $ 4.2 billion by 2015, growing at a CAGR of 6 % from 2010 to 2015.This is the most promising and dynamic market within dental device market with 18% of market share in 2009. The market is expected to grow because of the tremendous demand for cosmetic dentistry and effective treatment for edentulism. The European and North American markets are the top two markets with most promising outlook for the future. The developing economies in Asian and South American regions are also expected to contribute to the growth of the market in the coming years.
Global dental implants market represents 18% of the total global dental device market with a very fast historic growth, which has come down during the economic recession. Compare to other dental device markets, this market is still very attractive with low penetration in much of geographies.
The major factors influencing the growth of the global dental implants market are the increase in life expectancy across the globe; and the rising demand for cosmetic dentistry worldwide across all age groups. While the lack of consumer awareness in developing economies may hinder market growth, industry players still have immense growth opportunities as merely 2% to 3% of the global edentulous population has as yet received dental implant treatment. This in addition to increasing insurance coverage in developed countries and increasing affordability among the population of developing nations like India and China are expected to maintain the growth momentum in the coming 4 to 5 years.
Published: July 2010
Price: USD 4,650
Europe forms the world’s largest dental implants market with a 42% share in 2009, followed by North America with 31% in the same year. The major players of the global dental implants market are concentrated mainly in Europe, and have clinically tested and launched their products in the region. Switzerland based Nobel Biocare and Straumann together account for more than 50% of the global dental implants market.
The market witnessed significant developments due to strategies adopted by all the players to cope with the recent recession in the world economy during the time period from 2008 to 2009. Agreements and collaborations between different companies were the dominant methods adopted by all the companies. The last three years saw all the companies entering into agreements with regional distributors in all the geographies.
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