Osseointegration Implants Market Analysis, Trends, Application and Forecast by 2025
Global Market Insights, Inc., estimates that the osseointegration implants market size may reach over USD 8.6 billion by 2025.
Driven by benefits like enhanced stabilization and lower side effects, the osseointegration implants market is anticipated to procure commendable growth by 2025. Companies manufacturing osseointegration implants are focusing on product innovations to enhance surgical experience and eliminate post-operative recovery time. While rising number of road accidents, trauma cases and people suffering from bone, joint and spinal disorders are fueling the requirement for implants worldwide. On this note, Global Market Insights, Inc., estimates that the osseointegration implants market size may reach over USD 8.6 billion by 2025.
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Increased government funding for R&D of osseointegration implants and a growing prevalence of dental issues is also expected to drive market growth. According to WHO, about five million people suffer from dental caries globally, and in low-income countries, the number of dental disorders is significantly higher. Large presence of elderly population base and escalating incidents of dental problems like tooth decay and halitosis may favor product penetration across developing economies.
Based on product, the osseointegration implants market is divided into dental and bone anchored prosthesis. Prosthetic attachment implants are experiencing a wide acceptance globally owing to the rising demand for innovative devices that improve quality of life. Although, the business growth may falter due to high cost of implant surgeries, stringent approval procedures and post-surgical complications.
Dental osseointegration implants market is expected to grow at a 7.8% CAGR over the forecast timeframe, owing to increasing prevalence of dental conditions and extensive government funding for dental implant research. Improving healthcare infrastructure and easy availability of full-time assistance for dental procedures may supplement product acceptance.
In terms of material type, the osseointegration implants market is divided into titanium, zirconia, ceramic and stainless steel. The zirconia segment accounted for 44.9% revenue share in 2018. Exceptional features like thermal stability, high biocompatibility and anti-erosion properties make zirconia a viable implant material. The cost-effective nature and easy availability of zirconia implants are also one of the factors influence segment expansion.
The end-use spectrum of osseointegration implants market is divided into hospitals, dental clinics and ambulatory surgical centers. With growing awareness and demand for dental implants and procedures, the dental clinics segment recorded revenue share of more than USD 2.5 billion in 2018. Mounting requirement for advanced dental treatment methods coupled with reimbursement of low-cost dental treatments across dental clinics will supplement segment share. While specialized software tools such as CAD (Computer Aided Design) and CAM (Computer Aided Manufacturing) are increasingly being used in dentistry for developing implant abutments, veneers, fixed partial and dentures.
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As per regional hierarchy, the osseointegration implants market is prominent across Europe, Asia Pacific, North America, Australia and Latin America. Of these, the North America market gained over 84% revenue share in 2018. According to a study by the American Association of Oral and Maxillofacial Surgeons (AAOMS), over 69% of the population aged between 35 to 44 years lose at least one permanent tooth to tooth decay, accident, gum disease or a failed root canal. Rising cases of dental and spinal cord injuries along with wide access to advanced medical facilities will boost regional business size.
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