Global dental implants and prostheses market size is projected to grow at a CAGR of 6.1% between 2018-2023, to reach $10.2 billion by 2023. Increasing prevalence of dental problems, increasing popularity of cosmetic dentistry procedures, rising dental implant surgeries, increasing awareness and concern about oral hygiene, rising geriatric population and increasing healthcare expenditure are the factors driving the market growth.
According to the World Health Organization (WHO), dental caries is a major oral health problem in most developed countries, affecting around 60%–90% of school children and many adults. Similarly, severe periodontitis, which may result in tooth loss, is found in 5%–15% of the global population. Nearly 2% of youth, globally, is affected by juvenile periodontitis or the early onset of aggressive periodontitis, a periodontal condition that leads to premature tooth loss. High prevalence of tooth loss problems in people is resulting in an increased demand for dental care procedures. This, in turn, is driving the growth of the global dental implants and prostheses market.
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Geographically, the North American dental implants and prostheses market is projected to be the second largest by 2023. The growth of the dental implants and prostheses market in North America can be mainly attributed to increasing awareness on oral health, growing popularity and demand for cosmetic dentistry procedures, increasing cases of dental problems, and rising healthcare expenditure. North America is also witnessing a rapid increase in its geriatric population, which is positively impacting the growth of the dental implants and prostheses market in the region. According to the UN publication World Population Ageing 2017, approximately 78.4 million people were aged 60 years or above in North America in 2017, and the number is expected to reach 122.8 million by 2050.
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Key companies in the market offer dental products under two categories: dental implants and dental prostheses. All market players except Henry Schein Inc. offer dental prosthetic products to meet the increasing demand arising from the growing incidence of dental problems. Ivoclar Vivadent AG and Merz Dental GmbH offer only dental prostheses products, while the remaining market participants offer dental implant products. The Straumann Group and Dentsply Sirona Inc. offer an extensive range of implants based on two materials, namely titanium and zirconium. These companies also offer prosthetic products such as bridges and crowns, dentures, and abutments. To meet the growing demand for mini implants, Bicon LLC introduced SHORT implants of 8.0 mm length in 1985. The company has also proved positive clinical trials results for 5.0 mm, 5.7 mm, and 6.0 mm SHORT implants.
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