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Rapid rise in medical tourism for dental treatment in Europe will propel business growth. Dental tourism in Europe is inexpensive, high-quality and offers access to advanced technology implant dentistry. Dental treatment is cheaper in Eastern Europe than Western region and other developed countries. For instance, Ukraine dental treatment costs 70% lesser than U.S. and UK. Significant reduction in procedural cost leading to higher affordability should increase demand for dental implants in Europe, leading to remarkable market growth over the forecast period.
However, limited reimbursement and dental insurance coupled with expensive dental implant treatment can restrict Europe dental implants market growth in upcoming years.
Parallel-walled dental implants segment will grow at a considerable pace of 3.8% CAGR due to superior versality. These implants offer better cosmetic value, thereby increasing its preference. Moreover, parallel walled implants make use of CT planning software, for better navigation. Aforementioned benefits should drive segmental growth over the forecast period.
Zirconium material segment accounted for 29.2% share in 2017 and is projected to show lucrative growth in recent years. Zirconia implants tend to cause lesser extended peri-implant infections. Moreover, titanium dental implants integrated with 15% zirconium are being manufactured. Furthermore, advances in enhancement of osseointegration of zirconium implants will lead to greater demand. These advancements and advantages are set to surge segmental growth in foreseeable future.
Hospitals segment constituted USD 429.6 million in 2017. Access to latest technology in hospital facilities in Europe will progress the growth of hospital segment. Dental treatment in Switzerland utilizes most advanced technology coupled with patient-friendly environment in hospitals. Additionally, hospitals also offer low cost of dental procedures that will spur patient visits, propelling segmental growth in forthcoming years.
UK dental implants market will grow at a momentous 5.1% CAGR over the projection timeframe. Such high growth is attributable to positively trending periodontal diseases among UK population and technological advancements. Development of technology involved in implant dentistry will act as positive impacting factor in progression of market growth in substantial years.
Few of the established industry players in Europe dental implants market are Dentsply Sirona, Danaher Corporation, Institut Straumann AG, Zimmer-Biomet, Henry Schein. Industry players are undertaking novel product introductions and strategic initiatives to expand market reach and customer base. For instance, in February 2016, Dentsply Sirona Inc. announced the merger between Dentsply International Inc. & Sirona Dental Systems. This merger created the world’s largest and most diversified manufacturer of professional dental products & technologies. This merger will help in strengthening the position of the company in the market.
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Segments we Cover:
Europe Dental Implants Market Statistics by Product
Tapered implants
Parallel walled implants
Europe Dental Implants Market Growth by Material
Titanium
Zirconium
Europe Dental Implants Market Forecast by End-use
Hospitals
Dental Clinics
Other
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Website: https://www.graphicalresearch.com/industry-insights/1018/europe-dental-implants-market
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