Dental implants are prosthetic structures that a dentist places in a patient's jawbone if a person has lost one or more teeth. There are two types of dental implants- tapered implants and parallel-walled implants. These implants use materials such as titanium and zirconium.
Market Stats
• According to OMR Research, the global dental implants market is projected to grow at a CAGR of 7.5% during the forecast period (2023-2029).
• According to research issued by the WHO (World Health Organization) in 2022, the predicted global average prevalence of full tooth loss among adults aged 20 and older is over 7%. A substantially greater global frequency of 23% has been reported for those aged 60 and older.
• According to the American Academy of Implant Dentistry, over 3 million dentures were implanted in the US in 2019 prior to COVID-19. Also, as per the same source, more than 150 million people in the US are missing at least one tooth, yet only a little more than a million get it fixed each year.
• According to 2022 statistics from the Kaiser Family Foundation, there are 201,927 total active dentists in the US, including general dentistry, oral surgery, and orthodontics.
Key Drivers
Elderly Population Growth
During the projection period, the constantly growing geriatric population will drive up demand for dental implants. According to Eurostats, in 2021, more than 20.8% of the EU population was 65 or older. Furthermore, according to the WHO projections for 2022, by 2030, one in every six people on the planet would be 60 or older. At this point, the population aged 60 and up will climb from 1 billion in 2020 to 1.4 billion. The world's population of persons aged 60 and over will double by 2050. Between 2020 and 2050, the number of people aged 80 and older is predicted to triple, reaching 426 million.
Advanced Dental Equipment and Procedures
Another factor driving market expansion is the increasing availability of modern dental equipment such as dental scanners, CAD/CAM machines, 3D printers, and CBCTs (cone beam computerized tomograms). Furthermore, the adoption of digital technology in the dentistry sector is increasing, with applications ranging from diagnostics through implant design, production, and installation.
Implant procedures are one of the specific parts of dentistry that have been improved by digital technology. Computer-generated scans and digital technology enable dentists to build more exact dental implant plans and designs for tooth repair as well as duplicate implants, and CBCT aids dentists in a variety of surgical concerns. According to the Journal of Multidisciplinary Care, in 2020, digital dental technology entered the mainstream and was used by around 34% of professionals. As a result, the usage of digital technology in implants is expected to drive market expansion.
Increasing Edentulism and Other Oral Diseases
Dental implants are one of the most popular kinds of therapy for missing teeth, often known as edentulism. According to the BMJ Journals, the global prevalence of edentulism in 2021 was roughly 12% among individuals in poor and middle-income nations. Furthermore, the emergence of various oral illnesses such as dental caries, periodontal diseases, and tooth decay will drive the market throughout the projection period. These disorders are the primary cause of edentulism.
Recent Developments
The key companies in the market include Institut Strauman AG, Henry Schein, Inc., Danaher, Dentsply Sirona, Osstem Implant, CeraRoot SL, BioHorizons, Zimmer Biomet, and others. These companies are following various mergers and acquisitions, collaborations, and new product launch activities. Some of the recent developments in the market include-
• In January 2023, Millennium Smiles in Frisco announced the launch of its All-On-X dental implant procedure in Little Elm, Texas. To repair lost teeth in adults, the treatment employs cutting-edge dental technology. Unlike other dental implant systems, the All-On-X system is a customizable treatment option that determines the number of implants required to support the prosthetic teeth based on the patient's specific demands.
• 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 soft and thick bone.
• In March 2022, Neodent, a Straumann Group company and a major Brazilian dental implant firm, introduced a revolutionary dental implant system. The Zi product is made of zirconia, which is recognized for its exceptional strength and attractiveness.
• In February 2022, Envista Holdings Corporation extended its collaboration arrangement with Vitaldent Group, the top Spanish dental service organization. This aided the firm in becoming the preferred implant provider.