NEW YORK--(BUSINESS WIRE)--Persistence Market Research (http://www.persistencemarketresearch.com/) has announced the release of report titled “Global Market Study on Dental Implants: Asia Pacific to Witness Fastest Growth by 2020.” The report states that the global dental implants market was worth US$4,508.9 million in 2014 and – registering a 9.7% CAGR from 2014-2020 – will be worth US$7,879.5 million in 2020.
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Key Growth Drivers for Global Dental Implant Market:
The global dental implants market has been segmented on the basis of procedure, materials, and geography. By procedure, the dental implants market can be bifurcated into plate-form dental implants and root-form dental implants. The two major materials used in dental implants are zirconium and titanium. On the basis of geography, the worldwide dental implants market is divided into North America, Europe, and Asia-Pacific. North America segment in the global dental implant market is likely to grow at a steady rate due to growing geriatric population, increasing oral awareness, and technological advancements seen in dental procedures. On the other hand, Asia Pacific will also witness growth in the forecasted period due to rising medical tourism and aging population.
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Dental implants market: Drivers, Inhibitors, and Opportunities:
Key forces driving the dental implants market include rising importance and concern regarding oral hygiene, expanding global geriatric population, escalating demand for cosmetic dentistry, and increasing disposable income especially in developing and emerging countries. Moreover, technological advancements and thriving medical tourism in various countries is expected to boost the dental implants market. In contrast, lack of awareness regarding dental implants in developing nations and stringent reimbursement policies is anticipated to stall the growth of the dental implants market.
The prominent participants of the dental implants market include BioHorizons, Inc., Danaher Corporation, Nobel Biocare, DENTSPLY International, Inc., 3M Company, Institut Straumann AG, Zimmer Dental, Inc., Neoss International, OSSTEM IMPLANT, and Ivoclar Vivadent AG.
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