According to a report by Research and Markets, the global dental implants market is forecast to grow at a compound annual growth rate of 5.37% from 2016 through 2020.
Based on market analysis and conversations with industry experts, the report cites increased used of CAD/CAM technology as a key growth driver. It also points to a rise in medical tourism as a trend that is boosting the market.
Medical tourism, or more specifically dental tourism, has become popular in some developing countries of Europe due to the lower cost of dental procedures in these countries. This trend is expected to have a strong impact on the dental implants market in developed and developing countries. However, it is a controversial trend, as Dr. Lee Weinstein discusses in the "Hot Topic" of our upcoming July issue. (Be sure to check it out!)
The Research and Markets report notes that limited reimbursement offered by insurance carriers is a challenge that could hinder market growth.
Several manufacturers are included in the report, including Danaher, DENTSPLY Implants, Henry Schein, OSSTEM IMPLANT, Straumann, and Zimmer Biomet.