Transparency Market Research (TMR) has published a new report
titled ‘Dental Biomaterials Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast, 2018–2026.’ According to the report, the global dental
biomaterials market was valued at over US$ 600.0 Mn in 2017. It
is projected to expand at a CAGR of 5.8% during the forecast period from 2018
to 2026. The global market is anticipated to be driven by a rise in the
prevalence of oral diseases, increase in the geriatric population, and rise in
the adoption of dental implants across the globe. The dental biomaterials
market in Asia Pacific is expected to expand at a high CAGR of 6.6%, due to a
rise in the target patient pool with dental disorders, increase in dental
implant procedures, and increase in dental tourism in emerging countries such
as India and China.
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Increase
in the Geriatric Population Globally Drives the Market
A rise in
the geriatric population across the world is a major driver of the market. For
instance, according to a 2017 United Nations Report, the number of people aged
60 years and above is expected to increase two fold by 2050 and is projected to
reach 2.1 billion in 2050 from 962 million in 2017. Periodontal disease and
tooth loss and decay are highly common dental disorders in the aged population
across the globe. For instance, it is estimated that periodontal disease is
highly prevalent in the aged population and affects about 20% to 50% of the
population across the globe. Thus, an increase in the target patient pool
suffering from oral diseases is estimated to lead to a rise in the number of
dental surgeries. This, in turn, is expected to drive demand for bone graft
substitutes and membranes. This is likely to boost the market in the next few
years.
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Bone Graft Materials Segment
Dominated the Market
In terms of
product, the market can be classified into bone graft materials, dental
membranes, and soft tissue regeneration products. The bone graft materials
segment can be further categorized into allografts, xenografts, and synthetic
grafts. The bone graft materials segment is projected to account for a leading
share of the global market during the forecast period, owing to an increase in
the usage of bone grafts for dental implant fixtures, bone growth, and
reconstruction. Bone grafts replace the missing bone with materials in order to
regenerate and heal the bone around surgically implanted devices such as dental
implants. Thus, the segment is expected to expand at a strong growth rate in
the next few years.
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Implantology to be the Most
Lucrative Segment
Based on
application, the global dental biomaterials market has been segmented into
implantology, periodontology, and others. The implantology segment dominated
the global market in 2017. It is projected to expand at a high CAGR during the
forecast period, owing to an increase in implant penetration across the globe.
A rise in focus of patients on esthetics to improve their facial appearance and
an increase in the edentulous population have led to an increase in implant
procedures worldwide. These factors are expected to drive demand for dental
biomaterials, which are used significantly in implant procedures.
Asia Pacific Market to Expand at a
Strong Growth Rate and Create High Incremental Opportunity
In terms of
region, the global dental biomaterials market has been segmented into North
America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Europe is projected to account for a leading share of the global market during
the forecast period, owing to high penetration and adoption of dental implants
in European countries including Spain, Italy, and Germany. An increase in
implant procedures in the region drives demand for bone graft substitutes for
additional bone support during implant placement procedures. The dental
biomaterials market in North America is expected to expand at a substantial
growth rate over the forecast period, due to the presence of an elderly patient
pool suffering from dental diseases. The market in Asia Pacific is likely to
expand at a rapid pace in the next few years. Presence of a large geriatric
patient pool with periodontal disease in countries such as India and China is
expected to provide lucrative opportunities to the market in the near future.
Moreover, an increase in focus of leading players on emerging countries is
further anticipated to propel the market in the region. For instance, in
October 2016, Geistlich Pharma AG established Geistlich Pharma India Pvt. Ltd.,
a wholly owned subsidiary and tenth global affiliate of the firm in order to
penetrate the untapped potential of emerging markets.
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Growth Strategies by Key Market
Players
Key players
profiled in this report are Geistlich Pharma AG, 3M, Zimmer Biomet, Dentsply
Sirona, Institut Straumann AG, BioHorizons IPH, Inc., Danaher Corporation
(Nobel Biocare Services AG), ACE Surgical Supply Company, Inc., and
Biomatlante. These players focus on strategic acquisitions, mergers, and new
product launches to expand product portfolio and strengthen geographic presence
across the globe. For instance, in February 2019, Zimmer Biomet launched
OsseoGuard non-resorbable dental membranes used in the treatment of ridge
augmentation procedures. The strategy enables the firm to meet unmet clinical
needs of clinicians and expand product offerings.
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