The global market for dental implants is set to almost double in value during the next six years, resulting from technological advances and the growing global elderly population, according to a new report from GBI Research.
GBI estimates that the market will grow at an annual rate of 10%, from $3.4 billion in 2011 to $6.6 billion in 2018.
Emerging countries such as China, India, and Brazil are expected to be the fastest-growing markets. These countries account for a potentially huge patient population, GBI noted, although price and surgeon efficiency could restrain the market.
The market is driven by growing concern about oral hygiene, increasing life expectancy, and the availability of advanced solutions for implants based on digital dentistry, which increases procedure efficiency, according to the report.