Dental Implants and Biomaterials

The Global Dental Implants and Biomaterials Market to Exceed $7 billion by 2016
By: Rajesh Gunnam
 
Jan. 3, 2011 - PRLog -- The global dental implants and biomaterials market, valued at $3 billion in 2009 is expected to grow at a Compound Annual Growth Rate (CAGR) of 13% to exceed $7 billion by 2016. The dental implants category is expected to be the leading revenue contributor in the future. The market is expected to be driven by various initiatives taken by the leading market players to increase the visibility of the brands in addition to increasing the awareness among the patient population.

The leading market players are taking various initiatives to integrate the various key processes and opinion leaders in the business value chain. These are aimed at increasing brand visibility among the demand side forces as well as enhancing awareness among the patients regarding the implantation procedure. These are expected to drive demand through increased procedure numbers.

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Leading market players in the global dental implants and biomaterials market, such as Nobel Biocare and Biomet 3i, are actively engaged in programs aimed at symbiotic development to expand the scope and size of the business.

These include development of complementary supporting technologies such as software and visualization systems, training and development programs for key opinion leaders as well as industry partnership programs for overall development. These programs are engaging the key opinion leaders as well as the infrastructural partners, such as laboratories, thereby enhancing the brand visibility and brand loyalty among them through professional relationships. Simultaneous efforts to develop the business in an
integrative manner are expected to yield long term profitability for the companies.

With the share of 30% in the total global revenues, the US is the largest market for dental implants and biomaterials. The US market is expected to grow at 14% CAGR over 2009–2016. It is forecast to remain the largest revenue contributor for the dental implant and biomaterials market in 2016, accounting for nearly 32% of the global revenues.

The US market for dental implants and biomaterials is expected to be driven by the increasing patient population leading to procedure growth. The prevalence of edentulousness is 26% among US adults aged 65–69. The growing elderly population is expected to present significant opportunity to develop the market for dental implants and biomaterials.

GlobalData’s new report, “Dental Implants and Biomaterials - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016” provides key data, information and analysis on the global dental implants and biomaterials market. The report provides market landscape, competitive landscape and market trends information on the dental implants and biomaterials market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market dynamics. The report also reviews the competitive landscape and technology offerings. This report
is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts.

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Source:Rajesh Gunnam
Email:***@globaldata.com Email Verified
Tags:Dental Implants, Biomaterials, Medicals Devices, Healthcare, Pharmaceuticals
Industry:Manufacturing
Location:England
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