iCrowdNewswire Jan 14, 2021 3:00 PM ET
The global market for Osseointegration Implants Market is on a track to register USD 6.8 billion during the forecast period of 2018 to 2023. Market Research Future (MRFR) predicts a 6.4% CAGR during the same time frame.
In the detailed analysis of the market, the report focuses on several factors that can impact the market. For instance, the growing demand for better quality implants, the rising popularity of the cosmetic industry, impact of the surge in investment for research and development projects, integration of better quality tools, an increase in disposable income, and others are expected to boost the global market for osseointegration implants.
However, there is a possibility that the market may lose some of its prospects due to the complications associated with the procedure.
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The global market for osseointegration implants is getting backed by a proper study of segments like product, material type, and end user. These segments have data that can be used to understand the market flow and create strategies for the upcoming days. The data are credible as the claims are backed by figures, graphs, and charts.
By product, the global market study on the osseointegration implants has been segmented into bone-anchored prostheses, dental implants, and others. The bone-anchored prostheses segment has the largest market share.
By material type, the global market report on the osseointegration implants has been studied on the basis of metallic, ceramic, polymeric, and others. The ceramic segment is slated to emerge as the fastest-growing one, whereas the metallic segment would control the maximum market share.
By end user, the global market has been studied on the basis of hospitals, ambulatory surgical clinics segments, and others. The hospital segment is leading the global market and the ambulatory surgical clinic segment has the chance to score the fastest CAGR during the forecast period.
The global market for osseointegration implants would be led by the Americas, where the market would profit from the rising investment, better inclusion rate of advanced technologies, infrastructural support, and other aspects. This region would get the support of countries like the US and Canada, where the investment for the healthcare industry is quite high and research works get encouraged. This is also the story of Europe, where countries get government and private backing to ensure better technological growth.
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The global market for osseointegration implants market is getting backed by the strategic developments of Dentsply Sirona Inc., Danaher Corporation, Zimmer Biomet Holdings Inc., Stryker Corporation, NuVasive, Inc., The Straumann Group, Henry Schein Inc., Cochlear Ltd., William Demant Holding A/S, and Medtronic plc. These companies are deploying various strategies that span across moves like merger, branding, innovation, launching, collaboration, better investment for research and development, acquisition, and others. MRFR included these moves in the report to understand trends that are impacting global growth. This analysis can also reveal opportunities that can be explored well to boost the revenue generation process.
The global market for osseointegration implants is expected to lose a significant amout of revenue in 2020 due to the ongoing crisis of the COVID-19. This is one disease that is impacting diverse strata across the globe. Countries have imposed lockdowns to lessen its impact, which also arrests the growth of segments that are not essential or connected with emergency services. Due to this, the process may find growing difficult in the dental industry. In fact, a lot of patients are also postponing their operations to avoid contracting.
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