Increase in number of joint replacement surgeries among geriatric population, increase in adoption of minimally invasive surgeries.
PORTLAND, OR, USA Oct 21, 2021 /EINPresswire.com/ – UPDATE AVAILABLE ON DEMAND (Osseointegration Implants Market To Define New Growth Cycle)
Osseointegration is essential for implant stability and an important factor for implant loading and the long-term clinical success of terminal bone dental implants. Osseointegration acts as a direct structural and functional connection between ordered living bone and the surface of a supporting implant. The tissue interface of the implant is a region of extremely dynamic interaction. The processes of osseointegration are extremely complex and several factors influence the formation and maintenance of bone on the surface of the implant. This process involves initial locking between bone and implant, followed by biological fixation by continuous bone apposition and remodeling to the implant.
The global osseointegration implants market was valued at $ 5,645 million in 2017 and is expected to reach $ 9,844 million by 2025, with a CAGR of 7.1% from 2018 to 2025. North America has was the largest contributor to the osseointegration implant market in 2017; however, Asia-Pacific is expected to experience the highest growth during the forecast period. The report offers a detailed analysis of key segments, major pockets of investment, changing dynamics, market size and estimates, and competitive scenario.
1) The Covid-19 pandemic and followed by containment has affected several manufacturing industries.
2) The prolonged containment has resulted in a disruption of the supply chain and an increase in the prices of raw materials.
3) However, as the world recovers from the pandemic, the market is expected to get back on track.
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The major driving factors behind the global osseointegration implants market include the supportive reimbursement policies provided by insurance companies, the increase in the number of joint replacement surgeries among the geriatric population, and the increase in the uptake of minimally invasive surgeries. Moreover, increasing adoption rate of advanced implant technologies such as osseointegration is expected to fuel the market growth. However, the risks and complications associated with the implant are the factors which are expected to hamper the growth of the market during the forecast period. Conversely, the presence of an untapped market in emerging economies should offer profitable opportunities to market players.
Based on the product, the osseointegration implants market is divided into dental implants and bone anchored prostheses. The dental implants segment is expected to grow at a high CAGR during the forecast period, owing to the increase in the prevalence of dental disorders and the awareness of the availability of dental implants as a solution for tooth loss. In addition, ongoing R&D on dental implant techniques, designs and materials has improved in recent years.
Based on end user, the osseointegration implants market is categorized into hospitals, outpatient surgical centers, and dental clinics. The hospital segment is expected to be the biggest contributor to the osseointegration implants market during the forecast period. Dental clinic is the preferred choice for dental implant procedures, due to its cost advantage over hospitals and outpatient surgery centers, making it the biggest contributor to market growth. In addition, the presence of full-time dentists and sophisticated dental infrastructure is expected to drive the growth of the segment during the forecast period.
North America was the major contributor to the global osseointegration implants market revenue in 2017 and is expected to remain dominant throughout the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR during the study period, owing to increasing penetration of market players, increasing disposable income, resurging market geriatric population and the upsurge in road accidents.
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The main key players are:
Bicon, LLC, Danaher Corporation, Dentsply Sirona, Henry Schein, Inc., Integrum SE, Osstem Implant, Smith and Nephew Plc., Straumann AG Group, Stryker Corporation and Zimmer Biomet Holdings.
The other leading players are:
NuVasive, Inc., Southern Implants, William Demant Holding A / S, Cochlear Ltd. and Medtronic Plc.
Key Findings of the Osseointegration Implants Market:
• The dental implants segment is expected to grow at the highest rate among the applications segment during the analysis period.
• North America dominated the global osseointegration implant industry in 2017 and is expected to continue to dominate in the future.
• China is expected to experience the highest growth in Asia-Pacific during the forecast period.
• The metal segment is the largest contributor among the materials segments in 2017.
• The hospital segment generated the highest revenues and is expected to continue to dominate in the future.
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