Global Osseointegration Implants Market is expected to grow at a CAGR of 7.11% during the forecast period from 2018-2025
A new research report published by Fior Markets with the title Osseointegration Implants Market by Product (Dental Implants, Bone-anchored Prostheses), Material Type, End User (Hospital, Ambulatory Surgical Centers, Dental Clinics), Region and Global Forecast 2018-2025.
As per the report, the global osseointegration implants market is expected to grow from USD 5.28 billion in 2017 to USD 9.13 billion by 2025 at a CAGR of 7.11% during the forecast period from 2018-2025. Increasing occurrence of serious accidents, presence of large geriatric population, rise in incidence of bone-related disorders, high expenditure on healthcare, and favourable reimbursement scenario are key factors that led to the growth of osseointegration implants market in North America region.
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Prominent companies in the industry include Bicon, LLC, Danaher Corporation, Dentsply Sirona, Henry Schein, Inc., Integrum SE, Osstem Implant, Smith and Nephew Plc., Straumann AG Group, Stryker Corporation, Zimmer Biomet Holdings, NuVasive, Inc., Southern Implants, William Demant Holding A/S, Cochlear Ltd., Medtronic Plc, Integrum SE, The Straumann Group, Henry Schein Inc, Innovative Manufacturers, Camlog, Insights, Inc., and Nuvasive, Inc are offering greater opportunities and major players are continuously focused on new product developments and venture capital investments to obtain market share. For instance, in 2018, Xilloc Medical BV acquired OTN BV. With this acquisition Xilloc expands its product portfolio with osseointegration implants.
Product segment covers dental implants and bone-anchored prostheses. The bone-anchored prostheses segment held highest market share of 56.19% in 2017 owing to surge in prevalence of spinal disorders, increase in number of amputations, ongoing R&D on dental implant techniques, and strong growth in cosmetic dentistry. Material type segment includes stainless steel, zirconia, and ceramic. The zirconia segment dominated the global osseointegration implants market with USD 1.97 billion in 2017. The increased use of zirconia in dental applications due to its toothlike mechanical properties, colour, and biocompatibility. In addition, the demand of patients for metal-free implantations has increased the convention of zirconia implants. End user segment is divided into hospital, ambulatory surgical centers, and dental clinics. The hospital segment is anticipated to grow with highest market share of 37.67% over the forecast period. Here, contributing factors are increase in hospitalization rate and growing awareness among individuals about joint replacement surgeries, demand for dental implants for tooth replacement surgeries, and rise in R&D expenses.
The market is driven due to the key factors including increasing geriatric population, growing number of joint replacement surgeries, and rising adoption of minimally invasive surgeries. Furthermore, benefits over traditional socket style prosthesis and increased road traffic accidents are enhancing the growth of osseointegration implants market. However, high-cost associated osseointegration implants devices and stringent regulatory guidelines may limit the growth of market. Increase in the adoption rate of advanced implant technologies, insurance companies providing supportive reimbursement policies, and huge market opportunities in the developing countries is expected to boost the osseointegration implants market over the forecast period.
About the report:
The global osseointegration implants market is analysed on the basis of value (USD Billion), volume (K Units), export (K Units), and import (K Units). All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitor position grid analysis.
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