The
global dental implants and prosthesis market is projected to reach USD 13.01
billion by 2023 from USD 9.50 billion in 2018, at a CAGR of 6.5% during the
forecast period. The dental industry is a well-established market with various
regional and multinational market players. In 2017, Straumann (Switzerland),
DENTSPLY Sirona (US), Zimmer Biomet (US), Danaher Corporation (US), Henry
Schein (US), and OSSTEM Implant Co. (South Korea), dominated the dental
implants and prosthesis market. These players together accounted for a significant
majority of the dental implants market.
Straumann (Switzerland) dominated the dental
implants market in 2017. Straumann has a broad product portfolio in this market
and a strong network of wholly owned subsidiaries located in Europe, North
America, Asia Pacific, and South America. The company focuses on product
launches, agreements, collaborations, expansions, and acquisitions to
strengthen its product portfolio and marketing capabilities, and extend its
leadership in the dental implants market. The company is continuously spending
on R&D activities to launch innovative dental implants and prosthetic
products. From 2014 to 2017, the company
launched seven new products across the
dental implants and prosthetic category. Between 2015 to 2017, the company has
acquired various local players, such as Batigroup (Turkey), Equinox (India),
and Neodent (Brazil). These developments helped Straumann establish its
presence in the regional market.
Danaher Corporation (US) held the second position
in the global dental implants and prosthesis market in 2017. The company
expanded its dental products portfolio after the acquisition of Nobel Biocare,
a premier global brand and pioneer in dental innovation. Danaher entered the
dental business in 2004 through the acquisitions of KaVo and Gendex. It further
enhanced its geographic presence and product and service portfolio through the subsequent
acquisitions of Sybron Dental Specialties, PaloDEx Group Oy, Implant Direct,
and Nobel Biocare, in 2006, 2009, 2010, and 2014, respectively. The company also
focuses on developing innovative products, strengthening its existing product
line, and increasing its market share through product launches. The company
launched several dental implants and prosthetics such as, NobelProcera Hybrid,
an angulated screw channel abutment, cement-free posterior solution
(NobelActive, NobelParallel CC,
NobelProcera FCZ), Locator R-Tx Removable Denture Attachment System, and
TreFoil System between the period of 2014 to 2017. These launches positively
contributed to the company’s implants business.
DENTSPLY Sirona (US) was ranked third in the dental
implants market in 2017. Over the past four years, the company has reported a
continuous increase in its total revenue due to the increase in sales of its
dental consumables, dental specialty products, and medical devices. Through its
merger with Sirona Dental Systems, the company expanded its dental products
portfolio and emerged as a strong competitor for other dental manufacturers
across the world. DENTSPLY Sirona, Inc. is focusing on increasing its global
presence and concentrates on markets with high growth potential. The company
relies on tapping market opportunities by directly managing its sales and by entering
into strategic agreements with regional market players. For instance, in June
2016, DENTSPLY Sirona entered into an agreement
to acquire MIS Implants Technologies (Israel), a dental implant systems
manufacturer. This will help the company
to enter into the value dental implants segment and cater to the growing demand
for value dental implants in emerging markets.
Some
of the other players competing in this market are AVINENT Implant System
(Spain), DIO Corporation (South Korea), Merz Dental (Germany), Bicon (US), Shofu Dental Corporation (Japan),
Thommen Medical (Switzerland), and Southern Implant (South Africa).
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