In recent years, the dental membrane and bone graft substitutes market has been expanding rapidly. This is due to the increasing prevalence of dental diseases, the rising geriatric population, and the increasing demand for cosmetic dentistry. Moreover, the rising trend of dental tourism has also contributed to the growth of the market.
According to IndustryARC Market, Dental Membrane and Bone Graft Substitutes Market size was valued at $749.2 million in 2021, growing at a CAGR of 9.8% during the forecast period 2022-2027.
At present, the market is dominated by North America, followed by Europe. However, the Asia-Pacific region is expected to witness significant growth during the forecast period. The growth can be attributed to the increasing healthcare spending and growing awareness about dental health in developing countries such as India, China, and Japan.
Market Drivers
The dental membrane and bone graft substitutes market is primarily driven by the increasing prevalence of dental diseases such as periodontal disease, tooth decay, and oral cancer. According to the World Health Organization (WHO), oral diseases affect nearly 3.5 billion people worldwide. Moreover, the increasing geriatric population is also expected to boost market growth. As people age, their teeth become weak and brittle, which increases the risk of dental diseases.
Another factor driving the market growth is the increasing demand for cosmetic dentistry. Cosmetic dentistry includes procedures such as teeth whitening, veneers, and dental implants. These procedures are gaining popularity among people of all age groups, especially the younger generation.
Market Restraints
The high cost of dental procedures and the lack of reimbursement policies in some countries are the major factors hindering the growth of the dental membrane and bone graft substitutes market. Moreover, the lack of skilled dental professionals in some countries is also a major challenge for market growth.
Market Segmentation
The dental membrane and bone graft substitutes market can be segmented on the basis of product, material, application, end-user, and region. By product, the market can be segmented into resorbable and non-resorbable membranes, bone graft substitutes, and others. By material, the market can be segmented into collagen, hydroxyapatite, and others. By application, the market can be segmented into periodontal defects, dental implantology, ridge augmentation, and others. By end-user, the market can be segmented into hospitals, dental clinics, and others.
Regional Analysis
North America is the dominant region in the dental membrane and bone graft substitutes market, followed by Europe. The growth in these regions can be attributed to the increasing prevalence of dental diseases and the rising geriatric population. However, the Asia-Pacific region is expected to witness significant growth during the forecast period. The growth can be attributed to the increasing healthcare spending and growing awareness about dental health in developing countries such as India, China, and Japan.
Competitive Landscape
The dental membrane and bone graft substitutes market is highly competitive, with a large number of players operating in the market. Some of the key players in the market include
Medtronic PLC, OUSIA, Geistlich Pharma AG, Dentsply Sirona, Collagen Matrix Inc., Implantdirect, Nobel Biocare Services AG, BioHorizons, OSTEOGENICS MEDICAL, BioTek Instruments, B & B Dental Implants Company
Conclusion
In conclusion, the dental membrane and bone graft substitutes market is expected to witness significant growth during the forecast period. The increasing prevalence of dental diseases, the rising geriatric population, and the increasing demand for cosmetic dentistry are the major factors driving the market growth. However, the high cost of dental procedures and the lack of reimbursement policies in some countries are the major challenges to market growth.
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