As per a report by the American Academy of Implant Dentistry, “the country-wide market in the U.S. alone is witnessing 500,000 new cases of dental implants per year.” According to a new market report published by Persistence Market Research, “the global Dental implants market was valued at USD 4,508.9 million in 2014 and is expected to grow at a CAGR of 9.7% from 2014 to 2020, to reach an estimated value of USD 7,879.5 million in 2020.
Some of the major drivers which help in increasing demand for dental implants are rising aging population and growing concern for oral healthcare. Europe is currently the largest market for dental implants due to growing concern for oral hygiene, increasing clinical adoption of dental implants therapy and technological advancements. Asia Pacific is the fastest growing dental implants market. Growing concern about oral health and medical tourism are some factors driving the growth of the dental implant in the Asia Pacific market. North America is expected to witness moderate growth attributed to aging population, rising awareness about oral health and technological advancement in dental implants surgery procedures. Adoption of advanced dentistry by North American people also plays important roles in driving the growth of the dental implants market. According to the American Dental Hygienists’ Association (ADHA), approximately 75% of American adults were suffering from various forms of gum diseases in 2008.”