Osseointegration Implants Market drivers of growth analyzed in a new research report
Category: #health  By Rahul Varpe  Date: 2020-04-03
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Osseointegration Implants Market drivers of growth analyzed in a new research report

Osseointegration Implants Market will reach over USD 8.6 billion by 2025; as per a new research report.

Osseointegration implants is the most widely chosen surgical technique relative to several other conventional methods due to its multiple benefits and low side-effects. It primarily enhances stabilization and eliminates post-operative recovery time. A Swedish biomaterial firm, launched new implant coatings advanced with nanotechnology, that offers mechanical stability to implant coatings with least risk of delamination. In addition, increasing number of people suffering from spinal, bone & joint disorders, rising number of trauma cases, road accidents and increasing number of veterans suffering from combat-related injuries, will collectively accelerate osseointegration implants business growth during the projection period.

Increasing prevalence of dental abnormalities and increased government funding for research and development of osseointegration implants will have a major impact on global osseointegration implants market growth over the forecast period. As per the WHO, around five million people suffer from dental caries across the world. In low-income countries, the prevalence of dental disorders is very high and around 90% of these conditions remain untreated. In addition, factors such as rising elderly population base, inadequate or excess exposure to fluoride, tooth decay, halitosis and bad maintenance of oral hygiene are further increasing the patient population suffering from dental disorders, thereby driving osseointegration industry growth.

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Osseointegration implants for prosthetic attachment is acquiring wide acceptance globally as people with limb amputations are looking for feasible substitutes to traditional sockets. With rising demand for innovative devices, the market is estimated to progress rapidly as a result of innovative and flexible socket designs offered by these implants. However, stringent approval procedures for implants, high cost of implant surgeries, post-surgical side-effects and complications will hamper the business growth to some extent.

Dental osseointegration implants market is projected to witness considerable expansion at 7.8% CAGR over the forecast period. Growing prevalence of dental conditions and rising government funding for advancing dental implant research is largely contributing to the market growth. Also, rise in alcohol consumption & smoking significantly contributes to dental disorder incidence. Thus, growing pervasiveness of risk factors leading to dental diseases, improving infrastructure coupled with easy availability of full-time assistance for dental patients will significantly boost dental osseointegration implants market growth in the forthcoming period.

Zirconia osseointegration implants market accounted for around 44.9% revenue share in 2018. High biocompatibility, anti-erosion properties, thermal stability, ease in fixation, aesthetic appearance and effective load-bearing characteristics offered by these implants are the key factors leading to rapid uptake of zirconia osseointegration implants. Easy availability, high-biocompatibility and cost-effective nature of these implants will further impact the segment expansion over the coming years.

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Osseointegration implants in dental clinics accounted for more than USD 2.5 billion revenue share in 2018. Growing awareness about dental implants and rising demand for cosmetic dental procedures will considerably contribute to lucrative segmental growth. In addition, reimbursement for low-cost dental treatment procedure conducted in clinics is easily available to insured patients, in comparison with those conducted in hospitals, especially in developed nations. Rising awareness among people about advanced methods developed for dental treatment will further escalate the growth for dental clinics in upcoming years.

U.S. osseointegration implants market accounted for over 84.0% revenue share of the North America osseointegration implants market in 2018. Adoption of high-end dental procedures and high investment in research activities for osseointegration implants will boost the market growth over the estimation period. As per the study of American Association of Oral and Maxillofacial Surgeons, more than 69% of the population aged 35 to 44 years lose minimum one permanent tooth to an accident, gum disease, a failed root canal or tooth decay. Thus, increasing cases of spinal cord injuries, dental injuries and wide access to advance medical facilities will provide lucrative opportunities for the U.S. osseointegration implant market growth.

India osseointegration implants market is estimated to witness considerable progress at 9.0% CAGR during the forecast period. Expanding number of baby boomers, increasing prevalence of dental and orthopedic disorders along with increasing spending power will stimulate the Indian osseointegration implants market growth. In addition, expanding dental clinics and rising adoption of technologically advanced devices will impel Indian osseointegration implants market growth over the foreseeable future.

Few notable industry players operating in osseointegration implants market include: Camlog Implant Systems, Bicon, Danaher Corporation, Institut Straumann, Zimmer Biomet Holdings, Onkos Surgical, Promimic, Osstem Implant Co and Integrum, among other players. Market players are focusing on geographical expansion by adopting various strategies such as acquisitions, mergers, strategic collaborations and partnership strategies to gain significant market share and sustain market competition. For instance, in March 2019, Promimic AB announced strategic collaboration with Onkos Surgical for technical development of Hydroxyapatite Surface Technology, that will be utilized for Limb Salvage Surgery.



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Rahul Varpe

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Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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