The dental implant market will grow at a compound annual growth rate (CAGR) of 9.7% from 2014 to 2020, according to Research and Markets. The aging population and the increased concern for oral healthcare are driving this growth, the company reports, in addition to innovative technologies and greater demand for cosmetic dentistry.
Key technologies include CAD, mini dental implants, and 3-D laser dentistry. In terms of materials, titanium-based dental implants will see a CAGR of about 9.8% from 2014 through 2020. Root-form dental implants are the most common procedure.
However, limited reimbursements for dental implant surgery and a lack of awareness among patients in developing countries are restraining the market’s growth. Also, the high costs of implant surgery in the United States and United Kingdom are driving dental tourism in Malaysia, Hungary, Costa Rica, Mexico, Thailand, and India.
Europe is the largest market due to greater concern for oral hygiene, increased clinical adoption, and technological advances. The Asia-Pacific region is the fastest growing market, largely attributable to the sizable aging populations in India and China.