What are Major Factors Fuelling the Boom of Dental Implants and Prostheses Market in APAC?

One of the major factors fuelling the growing demand for dental implants and prostheses is the rising prevalence of oral health problems across the world. Since the last few years, there has been a massive surge in the incidence of oral health problems such as periodontal diseases, tooth decay, tooth sensitivity problems, and tooth erosion in many countries around the world. As per the Centers for Disease Control and Prevention (CDC), around 84.7% of the children in the U.S. in the age group 2–17 years visited dentists because of oral health problems in 2014.

Get Deep Analysis With Revenue Estimation Dental Implants and Prostheses Market

The other major factor pushing the demand for dental implants and prostheses is the surging geriatric population across the globe. The elderly people are more susceptible to dental problems owing to the fact that the condition of the teeth including the tooth enamel starts deteriorating with increasing age. As per the United Nations Department of Economic and Social Affairs (UNDESA) report on the global geriatric population, the population of the people aged 60 years and above increased from 382 million to 962 million from 1980 to 2017, and this number is predicted to further rise to 2.1 billion by 2051.

Driven by the above-mentioned factors, the global dental implants and prostheses market is expected to demonstrate a CAGR of 6.1% during the forecast period (2018–2023). In addition to this, the revenue generated from the global sales of dental implants and prostheses is predicted to rise from $7.2 billion in 2017 to $10.3 billion by 2023. The most commonly used types of dental prostheses are dentures, abutments, and bridges and crowns. Amongst these, the abutments are expected to record the fastest growth in usage in the years to come.

The rising popularity of dental tourism, soaring research and development (R&D) activities related to mini dental implants, and development of technologically advanced dental products are the major trends currently being witnessed in the dental implants and prostheses market. Due to the surging medical treatment costs in dev nations, the people suffering from dental and oral health problems are increasingly travelling to the developing nations in order to avail dental treatment at lower prices.

Hence, it can be undoubtedly said that due to the increasing incidence of dental and oral health problems and increasing geriatric population, the demand for dental implants and prostheses will shoot-up across the world in the coming years.