Dental Implants & Prosthetics Market: Current Trends, Opportunities & Global Forecasts to 2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-31 06:48:03
The global dental implants & prosthetics market is estimated to be worth $6,401.5 million in 2013. The market is mainly driven by the rising edentulous population, increasing adoption of advanced dentistry in developed countries, increase in disposable incomes, and increasing awareness of dental care. However, the economic slowdown and limited reimbursement are factors that inhibit the growth of the market to a certain extent.Europe is the largest market, followed by North America and Asia-Pacific. Developed geographies like North America and Europe are likely to grow at lower CAGRs as compared to the Asian market. The economic slowdown and the Eurozone debt crisis are hindering the growth of these geographies, though not to a great extent. Growth in the Asian market, especially China and India, is likely to be propelled by gradually increasing awareness about dental care, rising disposable incomes, and focus of major players on this market.The dental implants and prosthetics market has experienced extensive growth in the past few years, mainly due to various advancements in dental care technologies. The increasing aging population, rising demand for cosmetic dentistry, rising concerns about oral health, and increasing demand in developing nations due to rising disposable incomes and health awareness are factors that propel the growth of this market. However, on the other hand, the economic slowdown in developed nations, especially in Europe, and the limited coverage for dental products are factors that inhibit the growth of the market to a certain extent.The major players in the dental implants and prosthetics market include Nobel Biocare Holdings AG (Switzerland), Straumann (Switzerland), Dentsply International (U.S.), Zimmer Dental (U.S.), Biomet 3i (U.S.), BioHorizons, Inc. (U.S.), Ivoclar Vivadent AG (Principality of Liechtenstein), and 3M Company (U.S.).
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