Globally during the past few years, the dental implant market has undergone a transformational change, attributed to its low-cost competitors and rising consolidations. The dental implant is defined as an artificial tooth or tooth root, which is surgically implanted into upper or lower jawbones. The dental implant offers an alternative option to people who lost their tooth or teeth due to periodontal disease, an injury, or some other reason. As per our research report, Global Dental Implant Market is projected to be US$ 8.5 Billion by 2026.
Technological advancement in design and material used in surgery is also one reason for dental implant popularity. Titanium, the material is most widely used by the doctor to make the dental implant. The high biocompatibility, strength, rigidity, and greater strain-bearing capacity are the main factor for using titanium. Structurally, dental implant designs are tapered or parallel walled nowadays. The most preferred type of implants is tapered because of its wide variety and more stability than parallel‐walled dental implants.
According to Renub Research, Dental Implant Industry is expected to grow with double-digit CAGR of 12.47% from 2020 to 2026. Growth factors that will boost the dental industry in future are as follows.
• Around the globe, growing demands for better oral hygiene services
• The rising disposable income.
• Patient’s awareness of prosthetic teeth implant
• Growth in age-related diseases,
• Increasing application of CAD/CAM technologies
• The rise in applications of dental implants in various therapeutic areas
• The rise in the number of people willing to adopt dental cosmetic surgery
However, high-priced treatment is one of the significant challenges faced by the Dental implant market. Patients prefer to do dental implants in clinics due to its lower cost as compared to hospitals.
COVID-19 Impact on this Industry
The outbreak of covid-19 pandemic has negatively impacted the growth as a dental procedure involves very close contact between the patients and the dentists. In dental procedures, water spray for cleaning and other operations may cause the droplets in the air or into the instruments resulting transmission of the virus. Due to such risks, government and regulatory bodies worldwide have discouraged the dentistry for a few months in 2020. For the year 2020, Worldwide Dental Implant Market was valued at US$ 4.2 Billion 2020
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