Dental Implants Market Is Estimated To Witness High Growth Owing To Increasing Demand For Prosthodontic Treatments
The dental implants market is estimated to be valued at US$ 5,049.7 Mn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Dental implants are artificial tooth roots that are inserted surgically into the jaw bone to hold replacement teeth. They are made of titanium and other materials that are compatible with the human body. Dental implants can be used as an option for tooth replacement for patients who have lost one or more teeth.
Market Dynamics:
Increasing demand for prosthodontic treatments: Loss of natural teeth significantly impacts a person's quality of life. Dental implants offer a long-term solution for missing teeth as compared to removable dentures. They help restore natural function and aesthetics of missing teeth. Growing awareness about the benefits of dental implants is fueling the demand for prosthodontic treatments using implants. Rising concern about appearance and confidence is another factor propelling the market growth.
Growing geriatric population: Age is one of the major risk factors for tooth loss. With the rising geriatric population worldwide, the number of people experiencing tooth loss is increasing at a rapid pace. According to the UN, the population aged 65 years and above is projected to reach 1.5 billion globally by 2050 from 703 million in 2019. The growing aged pool is expected to increase the demand for dental implants for tooth replacement over the forecast period.
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