The demand for osseointegration implants will see significant expansion with increasing funds from various governments for R&D along with the growing number of dental abnormalities worldwide.
The demand for osseointegration implants will see significant expansion with increasing funds from various governments for R&D along with the growing number of dental abnormalities worldwide. WHO had reported that over five million people suffer from dental caries globally. While the prevalence of dental disorders is found to be very high in low-income regions, over 90% of these diseases are untreated. Also, there is an increasing prevalence of spinal, and bone & joint disorders, trauma cases, and road accidents along with a rise in the number of veterans affected by combat-related injuries.
Osseointegration implants can be touted as a popular and excessively deployed surgical technique in comparison to traditional procedures. These implants offer low side-effects, improved stabilization, and cut down the post-operative recovery time. A biomaterial firm based in Sweden, introduced a new implant coating with the incursion of nanotechnology, to render mechanical stability to coatings with a minimum threat to delamination.
Furthermore, osseointegration implant systems used for prosthetic attachment are observing penetration to offer feasible alternatives to traditional sockets for individuals affected with limb amputations. This is because these implants offer innovative and flexible socket designs.
As per reports, the global osseointegration implants market size will surpass an annual value of over USD 8.6 billion by 2025.
Growing preference for dental and zirconia implants
Annual revenue from dental osseointegration implants is anticipated to record a CAGR of over 7.8% in the coming years. This is owing to the escalating dental concerns on account of higher alcohol consumption and smoking habits. The enhanced infrastructures have resulted in an ease of availability of the implants to offer full-time assistance to dental patients.
Zirconia osseointegration implants market contributed to more than 44.9% of the global share in 2018 due to their ease of access, high-biocompatibility, and affordability. These implants exhibit anti-erosion, excellent thermal stability and load-bearing properties. They have an aesthetic appearance and are easily fixable.
Dental clinics to register optimum demand
Demand for osseointegration implant surgeries across dental clinics registered an annual revenue of USD 2.5 billion in 2018. This can be attributed to the increasing instances of cosmetic dental procedures across these facilities. There is higher awareness among consumers regarding dental implants along with the development of advanced treatment methods. Besides, clinics easily offer reimbursement for less-priced dental procedures to insured patients over hospitals, mainly across the developed countries.
To access sample pages of this report titled, “Osseointegration Implants Market Size By Product (Dental [Components [Crown, Abutment {Definitive Abutments, Temporary Abutments}], Bone Anchored Prosthesis [Upper Limb, Lower Limb]), By Material Type (Titanium, Zirconia, Stainless Steel, Ceramic), By End-use (Hospitals, Ambulatory Surgical Centers, Dental Clinics), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents, please click on the link below:
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Higher research activities in the U.S.
The U.S. dominated the North America osseointegration implants market in 2018 and brought close to 84% of the revenue share. This is due to the continuous deployment of high-end dental procedures and rising research investments across the country. The American Association of Oral and Maxillofacial Surgeons revealed that over 69% of the total population in the region, that is aged between 35 to 44 years, lose at least one permanent tooth in instances like gum diseases, accidents, failed root canal surgeries or tooth decay. There is also a considerable rise in the number of spinal cord and dental injuries along with the easy availability of advanced medical facilities across the region.
India emerging as a promising market
India is home to a robust healthcare sector and this regional industry is likely to hit a 9% CAGR through 2025. The growth can be attributed to the expanding baby boomer population across the region. The prevailing condition of dental and orthopedic disorders has increased the spending capacity of consumers on various treatment methods. The surge in the number of dental clinics has also added positive impetus to the incorporation of technically advanced devices in the country, complimenting the need for osseointegration of implants.
Competitive strategies and initiatives
Providers of osseointegration implants are keen on inorganic strategies and technological advancements to expand their geographical reach. For instance, Promimic AB, in March 2019, joined hands with Onkos Surgical for the launch of Hydroxyapatite Surface Technology, deployed across Limb Salvage surgeries.
The present COVID-19 pandemic has also influenced the osseointegration implants market participants to come up with innovations and initiatives to sustain competition. For instance, in December 2020, Onkos Surgical also introduced ELEOS™ Proximal Tibia, incorporated with the BioGrip™ technology, that is adopted across musculoskeletal oncology as well as in complex orthopedic reconstruction.
The osseointegration implants market players are Camlog Implant Systems, Institut Straumann, Osstem Implant Co, Integrum, Zimmer Biomet Holdings, Bicon, and Danaher.
The prevalence of dental disorders can also be accredited to the expanding number of geriatric individuals and lack or overexposure to fluoride. Rising cases of tooth decay, halitosis as well as improper maintenance of oral hygiene will add a positive edge to the product demand. However, higher costs, post-surgical side-effects & complications as well as severe approval procedures associated with the implants could indicate a negative impact on the osseointegration implants market forecast to a certain extent.
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