The Global OsseointegrationImplants Market, by Product Type (Dental Implants, Knee Implants, HipImplants, Spinal Implants and Others), By Material Type (Titanium Implants,Zirconia Implants, Stainless Steel Implants, Ceramic Implants, and Others), ByEnd User (Hospitals, Ambulatory Centers, Dental and Orthopedic Clinics, andOthers), and by Region (North America, Latin America, Europe, Asia Pacific,Middle East, and Africa) was valued at US$ 5,672.3 million in 2017, and isprojected to exhibit a CAGR of 6.72% over the forecast period (2018 - 2026).
Osseointegration implant is anendosteal implant that contain pores into which osteoblasts and supportingconnective tissue can migrate. This implant is placed between living bone andsurface of a load-bearing artificial implant. It is a fixation of alloplasticmaterials with a living part of patient for treatment purpose. Osseointegrationimplants has become a vital part of cosmetic dentistry industry due to theincreasing the disposable income and increasing consciousness about theadvanced technology among the patients and healthcare providers. Key players inosseointegration implants market are launching innovative products to generatea reasonable amount of share in the market. For instance, in June 2017, DePuy SynthesCompanies launched Fenestrated Screw Systems- VIPER and EXPEDIUM in the U.S.market. These products would re-establish the correct posture of the spinalcolumn in patients with advanced stage spinal tumors. Gradually increasingnumber of people suffering from edentulous is propelling demand forosseointegration implants. According to Indonesian Family Life Survey (IFLS),overall prevalence of edentulous was 7.2-29.8% in the age group >80 yearsand older in Indonesia in 2015. Furthermore, according to the report publishedby Public Health England, 2016, the highest prevalence of edentulous in Englandwas around 17.8% in the age group of 65 to 74-years.
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Moreover, development of advancedtechnologies for dental implants and increasing number of dental practitionersare supporting growth of the osseointegration implants market. Increasing incidence of degenerative spinalconditions is another factor driving growth of the global osseointegrationimplants market. For instance, according to the National Spinal Cord InjuryStatistical Center (NSCISC), 2017, around 17,500 new Spinal Cord Injury (SCI)cases are performed annually in the U.S. Moreover, an estimated amount of about285,000 persons in the U.S. are living with SCI in 2017.
Browse 27 Market Data Tables and24 Figures spread through 153 Pages and in-depth TOC on "OsseointegrationImplants Market, by Product Type (Dental Implants, Knee Implants, Hip Implants,Spinal Implants and Others), By Material Type (Titanium Implants, ZirconiaImplants, Stainless Steel Implants, Ceramic Implants and Others), By End User(Hospitals, Ambulatory Centers, Dental and Orthopedic Clinics and Others), andby Region (North America, Latin America, Europe, Asia Pacific, Middle East, andAfrica) - Global Forecast to 2026"
Key players in osseointegrationimplants market are adopting various strategies such as mergers, acquisitions,collaborations, and new product launch to maintain their position in the marketand to gain a stronger foothold in the market. Moreover, a large number ofcompanies investing in developing markets and distribution strategies hascontributed to the transformation of medical sector in emerging economies. Forinstance, in January 2017, Integrum SE introduced the new OPRA Implant SystemPlatform G which is used for transfemoral patients. This new system is CElabeled and approved by the FDA which has improved the mechanical performanceof the system by simplifying the surgical procedure and enhancingosseointegration. The market in emerging economies is propelled by supportivegovernment initiatives and growing awareness among the consumer as well as thehealthcare providers for the use of osseointegration implants, and growingmedical tourism in these regions. Furthermore, increasing consumption of unhealthyfood and sedentary lifestyle has contributed to an increase disease prevalence,which have a positive impact on the growth of the osseointegration implantsmarket. According to the World Health Organization (WHO), more than 1.9 billionadults were overweight and around 650 million people were obese worldwide in2016.
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Key Takeaways of the OsseointegrationImplants Market:
The global osseointegrationimplants market is expected to expand at a CAGR of 6.72% during the forecastperiod (2018–2026), owing to rising number of joint replacement surgeries.According to American Joint Replacement Registry (AJRR), in 2015, over 97, 673primary hip replacement procedures and 87,593 primary knee replacementprocedures were performed in the U.S.
Among product type, knee implantssegment is expected to hold the major revenue share in 2018, owing toincreasing incidence of osteoarthritis and rheumatoid arthritis among geriatricpopulation
Among material type, ceramicimplants segment is projected to have the highest CAGR during the forecastperiod, owing to its biocompatibility and aesthetic appearance.
Among end user, the hospitalsegment is expected to hold the major revenue share in 2018, owing to high rateof hospitalization due to rising number of joint replacement procedures
Major players operating in theglobal osseointegration implants market include Medtronic plc, StrykerCorporation, Zimmer Biomet Holdings, Smith and Nephew Plc., Straumann AG Group,Integrum SE, Southern Implants and ConMed Corporation.
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