Report: Global dental implant market to expand considerably
According to industry experts in a new report, the worldwide dental implant market was valued at $2.728 billion in 2019 and is anticipated to record substantial growth between 2020 and 2025. Rising prevalence of tooth decay, especially among the booming geriatric population, and growing demand for cosmetic dentistry are the key growth catalysts of the industry.
Further, technological advancements, such as implementation of robotics and AI, are opening new growth avenues for the industry. According to the report, escalating demand for innovatory products such as electrosurgical equipment and dental lasers that facilitate non-invasive procedures with no need for sedation, surgery or hospital stays will enhance the industry outlook for the coming years.
The crisis of the Covid-19 pandemic has spurred unprecedented challenges for the global dental implant market. An alarming increase in the number of coronavirus infection cases has forced countries to enter into lockdown, barring dentists from performing surgeries. Moreover, high risk of infection among dental health-care workers along with closure of dental clinics has disrupted dental services to the patients.
Market segmentation overview
The global dental implant market, based on the product type, is categorized into endosteal implant and subperiosteal implant. Of these, the endosteal implant segment is anticipated to secure a significant portion of the industry share in the upcoming years, attributable to broadening applications in hospitals, dental clinics and research institutes.
Besides this, end-user scope and material types are the other major segments covered in the report.
From a geographical standpoint, North America, Europe, Asia Pacific, and Latin America are the key contributors to the overall dental implant market remuneration. Among these, the Asia Pacific market is expected to grow considerably over the projected timeline, creditable to factors such as a large geriatric populace in countries like China and Japan, rising income levels and increasing medical tourism in the region.
To learn more
To request a sample copy of this report, go to https://www.marketstudyreport.com/request-a-sample/3208031/. The report also includes analysis of the factors affecting the development of each industry segment, including product type, material type, end-user scope and geographical ambit. Additionally, the report addresses the challenges brought forth by the Covid-19 pandemic along with various solutions for the same.
(Source: Market Study Report)