Tuesday 30 August 2022

Dental Bone Grafts And Substitutes Market $1.42 Billion By 2030

 


The global Dental Bone Grafts And Substitutes Market size is expected to reach USD 1.42 billion by 2030, registering a CAGR of 9.4% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing number of dental implant surgeries, the growing target population, technological advancement in synthetic bone grafts, and new product launches are the major growth propelling factors for the market.  

According to the Population Reference Bureau 2018 statistics, by 2050, from 13 countries to around 82 countries across the world are anticipated to have more than 20% of the geriatric population (65 years and above). Thus, perpetual growth in the population aged 60 years and above is anticipated to result in an increased prevalence of periodontal diseases. These aforementioned factors are driving the market.

Moreover, the rising adoption of synthetic bone grafts over autografts and allografts due to advantages such as lesser chances of disease transmission, and better acceptance is further propelling the market. Moreover, growing medical tourism in developing countries, as well as a growing number of periodontists and oral surgeons, are some other factors propelling growth. Countries such as South Korea, India, and Turkey are constantly gaining popularity in dental tourism due to cheaper costs and advanced treatment options.

The onset of the pandemic significantly affected the sales of dental bone graft products as almost all the dental services were halted for a major part of 2020. However, as control measures and vaccines were effectively introduced globally, essential dental treatments and sales of dental products rose to assist in a significant recovery. Many key players in the market have reported high growth for their dental implants and biomaterial products in 2021.

Related Press Release@ Dental Bone Grafts And Substitutes Market Report

Dental Bone Grafts And Substitutes Market Highlights

  • The synthetic segment is expected to show lucrative growth over the forecast period owing to its better acceptance and lower chance of disease transmission
  • Socket preservation held the largest share as of 2021 owing to the increasing number of dental implant surgeries and growing concern regarding dental health
  • The dental clinic segment is expected to show lucrative growth in the forecast period. This is due to the availability of surgeons and advanced treatment options
  • The Asia Pacific is expected to emerge as the fastest-growing region in this space owing to increase medical tourism and disposable income. Moreover, North America held the largest revenue share due to the increased number of dental implant surgeries in this region

 

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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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Grand View Research, Inc
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