Global Dental Bone Graft Substitute Market in terms of revenue was estimated to be worth $450 million in 2020 and is poised to reach $659 million by 2025, growing at a CAGR of 7.9% from 2020 to 2025. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. Growth in the market is driven primarily by the increasing prevalence of dental disorders, continuous product commercialization, market availability & product affordability, rising number of geriatric population, and growing public awareness related to preventive care are driving the growth of the market.

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Browse in-depth TOC on "Dental Bone Graft Substitute Market”

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Key Market

Dentsply Sirona (US), Johnson & Johnson (US), Danaher Corporation (US), Medtronic (Ireland), Strauman (US), Zimmer Dental (US), Geistlich Pharm (Switzerland), RTI Surgical (US), BioHorizons, IPH, Inc (US), Dentium (South Korea), LifeSciences Corporation (US), Smith & Nephew (UK), Novabone LLC (US), Botiss biomaterials GmbH (US), Collagen Matrix Inc. (US), Osteogenics Biomedical (US), LifeNet Health (US), Wright Medical (US), and Stryker Corporation (US) are some of the major players in the dental bone graft substitue market among others. The analysis of market developments between 2014 and 2019 revealed that several growth strategies such as research collaborations and strategic market expansions were adopted by market players to strengthen their product portfolios and maintain a competitive position in the dental bone graft substitute market.

Driver: Growing Medical and Dental Tourism in Developing Countries

Dental tourism is an important factor that drives the dental bone graft substitutes market. India’s dental tourism service as there is a lot of cost difference with good quality work when we compared India to the other countries. Like cost for smile designing in US is USD 8,000 and in India is USD 1,000 and for dental implants in the US is USD 2,000, in Hungary is USD 1070 and in India USD 600 approximately. Vietnam revamped its dental care services to world-class standards in the last decade, attracting patients from Australia, New Zealand, and the United States. Today, more than 100,000 tourists from these countries visit Vietnam for cutting-edge dental procedures, contributing more than USD 150 million to the country’s dental industry.

Opportunity: Increasing demand from customers and rising inclination towards cosmetic dentistry

The increasing demand from customers and rising inclination towards cosmetic dentistry are some of the major opportunities for the growth of the dental bone graft substitute market. Forty per cent of the UK population are unhappy with the appearance of their teeth, according to a new survey, with nearly half (48%) planning to undergo cosmetic dental work. New technology, materials and procedures have also played a major role in the cosmetic dental boom. “Same-day smiles” have become a reality, as cutting-edge CAD/CAM systems, advanced intraoral scanners and sophisticated 3D imaging software have been combined to facilitate improved diagnostics and treatment.

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Demand for synthetic bone graft result in the segment occupying the high share of the dental bone graft substitute market

SYbthetic bone graft segment owes a good market share in Dental bone graft substitute market. Synthetic bones are derived from genetically unrelated members of the same species, like cadaver bone. Using patient’s own bone has traditionally been the most preferred method bone grafting, however the increasing technological advancements have increased the number of synthetic graft options. The benefits of synthetic grafts include availability, sterility, and reduced morbidity. Also, the synthetic bone grafts have a longer shelf life and there is no risk of any disease to get transferred. Because of these benefits synthetic bone graft is the fastest growing type in the dental bone graft substitutes market.

Xenograft estimated to be the largest growing market

Xenograft are estimated to be the largest growing segment in the dental bone graft substitue market. The growth of this segment can be attributed to source for allograft materials are highly scarce and technological advances of xenograft materials are more recent for the dental application.

Europe is the region of origin of implant dentistry; therefore, the penetration rate of dental bone graft substitutes is very high in this region. The main factors driving the growth of the European dental market are the increase in aging population, governmental expenditure on oral healthcare across Europe, and the high reimbursement rate—although limited to Germany, Sweden, and the Netherlands.

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Asia Pacific likely to emerge as the fastest growing dental bone graft substitute market, globally

Asia Pacific is estimated to be the fastest-growing market for dental bone graft substittue during the forecast period. The Asia Pacific market is driven principally by the rising geriatric and obese population (coupled with the significant prevalence of orthopedic & diabetes-related diseases in this population segment), increasing GDP and healthcare expenditure in APAC countries, and growing public awareness. Furthermore, increasingly localized product manufacturing, favorable government regulations, and the focus of global product manufacturers on expanding their presence in APAC countries are aiding the market growth.

Report Link: Dental Bone Graft Substitute Market

Recent Developments:

• In 2019, Straumann and Modern Dental Group Limited (Hong Kong) entered a joint venture to create distribution company that will serve the dental communities in Hong Kong and Macau; Peak Dental Solutions Hong Kong Ltd

• In 2018, Dentsply acquired OraMetrix, a leading industry provider of innovative 3-D technology solutions improving the quality and efficiency of orthodontic care.

• In 2018, Straumann acquired 30% stake in Botiss biomaterials.

• In 2017, Straumann acquired 70% stake of its distributor Batigroup for taking over direct distribution of its products in Turkey.

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