TMJ Implants Market to Witness Exponential Rise in Revenue Share During the Forecast to 2023

Market Highlights

The TMJ Implants market is expected to grow due to factors such as increasing beauty consciousness towards anatomical deformities such as malocclusion, the presence of compressed bone in ramus of mandible, or avascular necrosis or fractures due to accidents. Furthermore, the increasing number of geriatric population, advancement of medical devices, as well as availability of skilled professionals and governmental initiatives to support healthcare reforms are spurring the market growth.

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However, high capital investments required for joint replacement orthodontic surgeries, cost of these implants, and infection rates associated with the implants are restricting the market growth. Unavailability of skilled professionals as well as lack of proper healthcare infrastructure in middle-income countries are major challenges faced by this growing market.

Regional Analysis

Americas is going to hold the largest share for TMJ implants market owing to increase the inclination of youth towards beauty industry, accessibility to advanced surgeries, availability of good healthcare infrastructure and rising per capita income of people. For instance, according to the survey conducted by American Association of Orthodontists in the year 2014, there was 16% increase in the number of adults seeking orthodontic care from U.S. and Canada and 75% of respondents surveyed reported improvements in career and personal relationships post-orthodontic treatment due to their improved smile. Furthermore, rising geriatric population can lead to increase in degenerated or resorbed mandibular joints issue, and rising road accidents can lead to fractures in TMJ joints, thus leading to increase in the patient pool which will fuel up the market growth during the forecast period.

Europe is the second market leader and holds a healthy share in the global TMJ Implants market. The European market is expected to exhibit a sturdy growth rate during the forecast period owing to the flourishing medical device market, the presence of orthodontic surgeons, good healthcare infrastructure, and favorable reimbursement policies. For instance, according to cancer research U.K., there were around 9, 921 cases of cancer diagnosed in 2015. Lung cancer and oral cancer can lead to condylar metastasis and avascular necrosis of TMJ joints which may further risk TMJ joint dislocation. So, the rising incidence of cancer can boost up the market growth of TMJ implants in Europe.

Asia Pacific is expected to show promising growth and be the fastest emerging market. According to report published by the United Nations in 2015, 66% of world’s geriatric population is going to reside in the Asia-Pacific region which would fuel up the number of TMJ implants surgery due to increase in degenerated or resorbed mandibular joints issue. Furthermore, government initiatives for healthcare reform, availability of favorable reimbursement policies & health insurances, improvement in healthcare infrastructure is driving the market growth. Similarly, due to a higher occurrence of lung cancer and oral cancer in Asia, chances of condylar metastasis and TMJ dissociation associated with it are higher which may boost up the market growth.

The Middle East and Africa is expected to show the least growth in the market due to some major factors such as lack of awareness, limited access and availability of treatment facilities. In the Middle East, the United Arab Emirates and Saudi Arabia are the largest market share owing to the development of the healthcare industry and rising availability of specialty care centers.

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Segmentation

The global TMJ implants market is segmented on the basis of product type, material, application, and end-users. Considering product type, the market is segmented into mandibular component, fossa component, screws, and instruments. Instruments are further segmented into TMJ flat diamond rasp, TMJ diamond burrs, TMJ double-ended drill guide, and retractors. By material, the market is segmented into cobalt-chromium-molybdenum, ultra-high molecular weight polyethylene, titanium alloy, aluminum, silicone, others. With reference to application, the market is segmented into TMJ arthroscopy, orthognathic surgery, discectomy and disc repair procedures, total joint replacement and others. On account of end-users, the market is segmented into hospitals, dental clinics, research and academics, and others.

Based on region the market is segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. Americas region is segmented into North America and South America. Similarly, Europe is segmented into Western Europe and Eastern Europe.

Key Players

Market Research Future (MRFR) recognizes the following companies as the key players in the TMJ Implants market. Some of the players are Ortho Baltic, Zimmer, TMJ Medical, TMJ Concepts, TKarl Storz, Xilloc Medical B.V and Dow Corning.

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