-- Market Overview
Dental bone grafts are used as fillers or scaffolds, which helps in the formation of bone and aids in wound healing. A de novo bone is created in the bone grafting method, which assists in healing damaged bones during dental extraction process. The global dental bone graft substitutes market, as per a report by Market Research Future (MRFR) will register a CAGR of 9.4% during the forecast period (2019-2023).
The rapid growth in the geriatric population is considered the major factor stimulating the market growth globally. The surging cases of periodontal diseases, rising awareness regarding the benefits of bone graft substitutes, and the rising number of dental extraction procedures are stimulating the market growth across the globe. Governments across the globe are undertaking several initiatives for dental health, which is further predicted to encourage the market growth in the foreseeable future.
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With the increased prevalence of dental tourism, especially in developing countries, the market is estimated to flourish. Dental tourism is experiencing tremendous growth as dental patients from developed countries are getting attracted towards developing countries mainly due to cost-effective and high-quality treatments. Economies like Turkey, India, Hungary, and South Korea are gaining high popularity in dental tourism due to effective and low-cost oral health treatments. Such factors are estimated to encourage the market growth across the globe.
On the contrary, strict regulations imposed on such procedures and lack of reimbursement policies are expected to deter the market growth.
Global Dental Bone Graft Substitutes Market: Segmental Analysis
By type, the dental bone graft substitutes market is segmented into xenograft, allograft, alloplast, and others.
The application segment constitutes of sinus lift, ridge augmentation, periodontal defect, socket preservation, and implant-bone regeneration. Of these, the socket preservation segment will gain prominence owing to the rising number of dental extractions.
By end users, the market comprises dental clinics, hospitals, and others. Of these, the dental clinics are predicted to command the largest market share due to the rising establishment of dental clinics, especially in the developing economies.
Regional Frontiers
Geographically, the dental bone graft substitutes market spans across Europe, Asia Pacific, America, and the Middle East & Africa.
Considering the global scenario, Europe is likely to dominate the market and is predicted to retain its pole position in the coming years. The growth can be credited to the existence of well-established players in the region, coupled with the surging incidences of oral diseases like periodontal diseases and dental caries. The early introduction of advanced equipment for dental treatment, growing geriatric population, and high availability of a skilled workforce are likely to encourage the regional market’s growth.
America has managed to seize the second-largest share in the global market, mainly due to the surging incidences of oral diseases such as periodontal diseases and dental caries, coupled with the rising population of the geriatric population. The rising prevalence of dental problems and surging number of dental extraction procedures in North America will fuel the market growth in the coming years.
Meanwhile, the Asia Pacific is predicted to expand at the fastest rate due to the rising medical tourism, especially in developing countries of the region. The region registers the highest number of bone graft substitutes due to increased investments made by the government and companies for improving oral health.
Industry Updates
September 2019: LaunchPad Medical, Inc. has recently received its approval from the FDA in order to start a two-site, 20-patient pilot clinical study and examine the efficacy and safety of the company’s bone adhesive biomaterial to stabilize implants for extraction of the tooth.
Competitive Dashboard
The top players operating in the dental bone graft substitutes market include Geistlich Pharma AG (Switzerland), Biohorizons Iph, Inc. (the US), Institut Straumann AG (Switzerland), Dentsply Sirona (US), Zimmer Biomet Dental (US), Medtronic Plc (US), LifeNet Health (US), Dentium (South Korea), and Orthogen, LLC (US).
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