Global dental implant market is expected to grow at a CAGR of 7% during the forecast period (2023-2030). Dental implants are prosthetic tooth roots that are surgically implanted into the jawbone to support a replacement tooth or bridge. Tapered implants and parallel-walled implants are the two primary types of dental implants on the market. Tapered implants are broader at the base and smaller at the top, making them excellent for usage in small spaces. On the other hand, parallel-walled implants have an identical diameter from top to bottom and are best used in places with plenty of space.
Dental implants can be produced from a variety of materials, the most popular of which being titanium and zirconium. Titanium implants are used for dental implants due to their strength, longevity, and biocompatibility. Zirconium implants, on the other hand, are gaining popularity as they offer cosmetic benefits, such as their white coating that resembles natural teeth and excellent biocompatibility.
Key Drivers of the Dental Implant Market
Increasing Prevalence of Dental Diseases
The rising frequency of dental illnesses such as tooth decay and periodontal disease is a major driving force in the dental implants industry. As more people lose their teeth because of these illnesses, the need for dental implants as a replacement treatment grows. According to the World Health Organization (WHO) March 2022 update, oral disorders impact approximately 3.5 billion people globally, and severe periodontal (gum) disease, which can result in tooth loss, is also frequent, affecting about 10% of the global population.
Increasing Demand for Cosmetic Dentistry
Many individuals are turning to cosmetic dentistry to improve the appearance of their teeth and smile, as the emphasis on appearance and attractiveness grows. Dental implants are a popular choice for this reason because they may be tailored to match the color, size, and form of existing teeth for a more natural appearance. Owing to this, cosmetic dentistry is growing in popularity, resulting in increasing number of dental clinics and organizations. For instance, in June 2022, Leeds Dental Clinic opened a new location on Global Avenue in Leeds. Dr. Hassan Maghaireh, the company's CEO, created the implant, restorative, and cosmetic dental clinic.
Increasing Aging Population
According to the WHO’s report published in 2020, the proportion of the population aged 60 and up will rise from 1 billion in 2020 to 1.4 billion by 2030. The world's population of persons aged 60 and over will double (2.1 billion) by 2050. The number of people aged 80 and more is predicted to double between 2020 and 2050, reaching 426 million. The aging population is a primary driver of the dental implant market's growth. People are more prone to lose teeth as they age owing to causes such as decay, gum disease, and accident. Dental implants are an appealing alternative for older persons who want to maintain their dental health and enhance their quality of life since they provide a permanent solution to replacing lost teeth.
Expansions and Innovations by Major Market Players
The dental implant market has significant contributors such as Zimmer Biomet Holdings Inc., Nobel Biocare Services AG (Danaher Corporation), Osstem Implant Co. Ltd., Straumann AG, Dentsply Sirona, Henry Schein Inc., and Thommen Medical AG, among others. These players assist in the market’s growth with the launch of new products and through collaborations and investments. Some of the recent developments in the market include-
• In March 2022, Neodent, a major Brazilian dental implant firm that is part of the Straumann Group, introduced a new dental implant system. The new Zi product is made of zirconia, which is recognized for its exceptional strength and aesthetic appeal.
• In June 2022, ZimVie Inc. introduced the FDA-approved T3 PRO Tapered Implant and Encode Emergence Healing Abutment in the US. The T3 PRO is the newest addition of ZimVie's dental implant portfolio, and it relies on the proven solutions of the T3 Tapered Implant.
• In November 2022, ZimVie Inc., a worldwide life sciences leader in the dental and spine sectors, announced the launch of the TSX Implant in the US, the newest breakthrough in the company's portfolio of surgical, restorative, and digital dentistry solutions. TSX Implants are intended for quick extraction and loading protocols, as well as implantation predictability and primary stability in the soft and thick bone.
• In December 2022, ProSmile launched its new national brand, SmartArches Dental Implants (SmartArches). SmartArches locations are specialty dentistry offices that provide patients with a comprehensive range of cheap and dependable dental implant therapies, including implants and full mouth reconstruction. SmartArches now services patients at four facilities in Pennsylvania and New Jersey.