Increasing adoption of medical tourism is anticipated to enable growth in the global dental implants market. Recently Fortune Business Insights has announced the publishing of a report, called “Dental Implants: Global Market Analysis, Insights, and Forecast, 2019-2026.” As stated in the report, the global market was valued at US$ 3870 Mn in 2018. The market is foreseen to expand at a CAGR of 5.1% and value US$ 5725.7 Mn by the end of 2026.
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As per the report, Europe was leading the Global Dental Implants Market in 2018. The market in Europe was worth US$ 1548 Mn in 2018. Owing to increasing adoption of dental implants, the region is expected to dominate the global market during the forecast period 2019-2026. Moreover, the high presence of established companies in Europe is likely to propel growth in the market. Besides this, North America holds a major share in the global market.
Titanium Segment to Dominate Global Market
Innovation in the implant’s material and dental implant equipment is a factor expected to drive the global market during the forecast period. Furthermore, increasing dental problems backed by the adoption of sedentary lifestyle is fueling the demand for the dental implant procedure.
On the flip side, the high cost of dental implant surgery and side effects associated with it are a few factors that might hamper the growth in the global dental implants market.
In terms of implant material, the market is classified as titanium, zirconium, and others. The titanium segment held lions share in the global dental implants market in 2018. The segment is also expected to expand at a faster rate and emerge dominant over the forecast period. Unlike other materials, titanium is highly suitable among various dental procedures. Titanium further offers biocompatibility and non-allergic nature. This is anticipated to fuel the demand for titanium in the dental implant procedure.
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