This Market was valued at $ 6,781.7 million in 2011 and is expected to reach $ 10,562.2 million by 2016; growing at a CAGR of and 9.3% from 2011 to 2016.
(PRWEB) December 18, 2012
MarketsandMarkets conducted a study on the “Dental Implants & Prosthetics Market (Artificial Teeth, Dentures, Crowns & Bridges) Current Trends, Opportunities & Global Forecasts to 2016”, which analyzed and studied the major market drivers, restraints, and opportunities in the Americas, Europe, Asia, and Rest of the World.
Browse market 128 data tables & 8 Figures spread through 212 Pages in-depth TOC of “Dental Implants & Prosthetics Market (Artificial Teeth, Dentures, Crowns & Bridges) Current Trends, Opportunities & Global Forecasts to 2016”.
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A dental implant is an artificial tooth root that is used in dentistry to support restorations that resemble a tooth or group of teeth to replace missing teeth. The dental implant market was valued at $4,076.7 million in 2011 and is estimated to reach $6,417.7 million by 2016 at a CAGR of 9.5% from 2011 to 2016. The market offers tremendous growth potential due to increasing demand from developing Asian and South American nations, augmented purchasing power, and consumer acceptance of advanced dental technologies. The trend towards minimally invasive surgical procedures is another key factor driving the growth of the dental implants market, as these preclude pain, infection, and other side effects associated with traditional dental procedures.
Developed markets account for a major share of the dental implants and prosthetics market, whereas emerging countries form the fastest growing markets. The Americas and Europe collectively contribute more than 74.94% to the global dental implants and prosthetics market. The Asian market is estimated to grow at a highest CAGR of 10.2% from 2011 to 2016. Developing markets are expected to expand their share in the coming years due to rising disposable incomes, growing desire for better aesthetics, and rising demand for advanced dental solutions.
The key growth strategies adopted by companies in this market between January 2009 and February 2012 have also been studied in the report. Players in this market have adopted various strategies to expand their global footprint and increase market share. New product developments, agreements and collaborations, and mergers and acquisitions are some of the major strategies adopted by players to achieve growth. New product developments accounted for 59% of all the strategies adopted by players to achieve growth. For example, Zimmer Dental launched Tapered Screw-Vent Implant with texturing and crestal microgrooves for bone preservation, and Straumann launched nano material Resin Nano Ceramic (RNC) for single-tooth restorations, full-contour inlays, onlays, veneers, partial crowns, and crowns.
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