Reports and Insights (R&I) has published a new report titled, "Osseointegration Implants Market: Opportunity Analysis and Future Assessment 2020-2028"
Global Osseointegration Implants Market, by Product (Dental Implants, Hip Implants, Knee Implants, and Spinal Implants), by Material Type (Ceramic Implants, Zirconia Implants, Stainless Steel Implants, and Titanium), by End-use (Hospital, Ambulatory Surgical Centres, and Dental Clinics) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global osseointegration implants market in 2020 is estimated for more than US$ 6.1 Bn and expected to reach a value of US$ 10.9 Bn by 2028 with a significant CAGR of 7.5%
As per the report, the Osseointegration Implants Market is expected to have a positive growth during the upcoming years, owing to the technological advancements in osseointegration implants, increasing acceptance of these implants coupled with the growing geriatric population with musculoskeletal disorders. Increasing incidences of injuries with the increasing adoption of minimally invasive surgeries are also responsible for favouring the market growth.
Additionally, the benefits of advanced osseointegration implants over the traditional socket style prosthesis with the increasing incidences of bone-related disorders are also fuelling the demand for osseointegration implants. However, the ongoing research and development activities coupled with the strong growth in cosmetic dentistry is also boosting the dental implants segment of this market.
However, the expensive nature and the strict regulatory norms associated with osseointegration implants may restrict the market growth. On the contrary, the favourable reimbursement policies against these implants creates opportunities for osseointegration implants market.
Furthermore, Reports and Insights (R&I) Study identifies that, the adoption of minimum invasive surgeries with the technical advancements in dental implants also boosts the market growth of osseointegration implants.
Other factors like the elevated count of joint replacement surgeries with the increase in spinal disorders related patients and supportive reimbursement scenario are also responsible for growing demand for osseointegration implants market.
The market is also expected to have a huge market opportunities in developing countries and the high medical needs creates huge opportunities for osseointegration implants; whereas, the risk and complications involved in surgeries is considered to be the major threat for this market. The osseointegration implants market is further segmented on the basis of product, material type, end-use and by region.
R&I Study identifies some of the key participating players in osseointegration implants market globally are Medtronic Plc., Zimmer Biomet Holdings Inc., DentsPly Sirona, Straumann Group A.G., Smith and Nephew Plc., Stryker Corporation, ConMed Corporation, Integrum S.E., Osstem Implant Co., and Bicon, LLC.
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