20 Sep Dental Implants Market 2019 Detailed Analysis of Current In…
With the right mix of technological advancements and advanced dental practices, the dynamism of dental implants market has significantly improved in the recent years. Not to mention, the escalating geriatric population that is usually prone to oral health problems and the rising adoption of cosmetic dentistry have set the stage lucrative for dental implants market growth. Reliable data validates that over 35 million Americans are missing at least one tooth in one or both the jaws and more than 15 million people in U.S. have crown & bridge replacements for missing teeth. Estimates further claim that more than 3 million people in U.S. have implants and the number is growing by 500,000 every year.
The aforementioned data bears a significant testimony to the fact that the global dental implants industry is poised to be one of the fastest growing sectors of the overall healthcare ecosystem. Dental practice, however is now getting a renewed traction with the advancement in latest software and hardware solutions that are successfully providing useful solutions to handle dental techniques and management.
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Robot or autonomous technology
Industry analysts claim that the robotic dental implant surgery will soon be the standard of care for implant procedures. Recently for instance, in 2017, Neocis a firm based in Miami, introduced the first robot-assisted dental surgical system called as Yomi. This new system uses software technology to plan an implant procedure based on the patient’s medical record and CT scan. Besides, the robot controls the direction of the drill and assists the clinics with accurate location, orientation, and depth of the implants.
On this note it is imperative to mention that a Chinese robot has performed the world’s first autonomous dental implant in 2017. According to reports, the robot assistant safely fixed two dental implants in a woman by following a pre-programmed set of commands. The implant surgery was successfully carried out by the robot dentist and was supervised by the dentists who did not play an active role in the procedure. Reports reveal that the dental robotic technology was designed to overcome China’s shortage of qualified dentists & rising rate of surgical errors.
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The rapidly growing, well-established dental implants industry players across China and other such emerging nations has strongly impelled the growth statistics of the Asia Pacific dental implants market. Rapidly growing geriatric population along with rising awareness regarding oral health and dental tourism are further pushing the product demand in the region. Reports claim that the APAC implants market is predicted to register a y-o-y growth rate of 6.5% over 2018-2024.
3D printing technology
Another major technological impact in dentistry will be the use of additive manufacturing techniques. Several companies have been increasingly investing in 3D hyperelastic bone and other 3D printed techniques as they hold a lot of promise for patients that need bone grafting for customized implant placement.
One of the significant examples is that of Evo Dental, a London-based biotech company, that has secured £4 million from the British Growth Fund to advanced its 3D printing jaw correction clinic across the UK. Through its new clinic, the company aims to deliver its proprietary dental implant solution, featuring prosthesis additive manufacturing, digital scanning, and high-precision milling machines to the patients. 3D printing is particularly proving to be a growing technology in the regional dental implants industry, and companies such as Evo Dental are commendably leveraging this technological leap in the flourishing era of digital dentistry. According to a survey conducted by NHS’ Adult Dental Health, around 5 million people in UK could benefit from the deployment of such advanced technologies in dentistry.
Based on these trends, it wouldn’t be wrong to quote that the future of dental implants is paving the way for a much brighter scenario. The disruption of advanced technology and massive investment trends in this business sphere will provide a great opportunity to deliver dental implants of higher quality & at affordable costs. With innovative technologies, such as 3D printed prosthetics, robotic dentistry, and cloud-based dental practice management software promising better patient care, increased efficiency, and productive outcomes, dental implants market is expected to go a long way in the coming years. A report by Global Market Insights, Inc., states that the global dental implants market from its recent valuation of USD 3.7 billion in 2017 is estimated to surpass USD 5.2 billion by 2024.
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