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The Future of the Dental Devices Market to 2015
By Global Markets Direct Dated: Oct 21, 2009
The global dental implants market was valued at $1.8 billion in 2008 Driven by increase in awareness of the advantages of dental implants over crowns and dentures and increasing clinical familiarity of dental surgeons in implantology, the market is forecast to grow with a CAGR of 10.7% during 2008-2015 to reach $3.6 billion in 2015. The dental implants category is expected to drive the dental devices market in the future due to increased awareness of the advantages of dental implants for edentulism and single tooth replacements. Also, the concept of immediate loading has enhanced the attraction of implant dentistry. Since dental implant procedures are expensive, patients prefer a quick restorative solution. Hence, most companies have begun to focus on more immediate solutions for the patients. This provides several advantages over delayed loading, such as decreasing treatment time, minimal surgical procedures and maximum aesthetic results. The global dental biomaterials market was valued at $396.8 million in 2008. Driven by an increase in the incidences of periodontal diseases in the developed nations and its use as an adjunct to dental implants, the market is forecast to grow by 8.4% during 2008-2015 to reach $699.7 million by 2015. The present economic recession and its major effects on the developed nations are limiting the growth of dental implants and also the growth of dental biomaterials. Also low awareness of the procedure and its lengthy procedural time of 4-5 months will have an impeding effect on the growth of this category. The key market segment driving growth within this category is dental bone grafts. This segment, valued at $211.8 million in 2008, is forecast to grow by 9.0% annually during 2008-2015 to reach $386.8 million by 2015. This segment accounted for 53% of the dental biomaterials market value in 2008. The dental bone grafts market growth is driven by its widespread usage and lower tissue rejection rates as compared to dental bone graft substitutes. CAD/CAM indicates the technological evolution within the dental reconstruction and restoration market in the future. The first of the dental CAD/CAM systems, known as the CEREC system, was released 20 years ago by Sirona Dental. CAD/CAM usage in dentistry was traditionally limited due to low dentist acceptance of the technology. Misconceptions that CAD/CAM involved complications and that it was time consuming, limited the growth of CAD/CAM in dentistry. However, the advent of digitalization and computer usage around the globe has allowed an increasing number of dental surgeons to adopt this system. For more information click below: http://www.globalmarketsdirect.com/Report.aspx?ID=The-Future-of-the-Dental-Devices-Market-to-2015 A new report by Global Markets Direct, the business intelligence specialists, finds that an increasing clinical familiarity of implantology amongst dental surgeons and a demand for high aesthetic value is driving the growth of the dental implants category, within the global dental devices market. Dental chairs and equipment and dental biomaterials are some of the key categories driving revenue growth and investor interest in the global dental devices sector. Global Markets Direct’s report, “The Future of the Dental Devices Market to 2015”, highlights this as one of the key market drivers for the global Dental devices market. For more information click below:
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