The report 'Global Dental Bone Graft Substitutes' Market By Product or Material Type (Synthetic Bone Graft substitutes, Xenograft, Allograft, Autograft, Alloplast, Demineralized Allograft, Others). By Application (Sinus Lift, Ridge Augmentation, Implant Bone Regeneration, Socket Preservation, Periodontal Defect Regeneration). By End-user (Hospitals, Dental Clinics, Ambulatory Surgical Centres (ASCs), and By Region(The Middle East and Africa, North America, Latin America, Asia Pacific, Europe). With a market size of USD 550 million in 2020, the Global Dental Bone Graft Substitutes market is supposed to rise at a CAGR of 6.11%, amounting to USD 995.24 million by 2030.
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Key Factors that are expediting the Market growth
The rise in the Geriatric population, Technical advancements in the sector of surgical implants, Surge in Oral disorders globally, High Demand, higher availability and affordability, and a reasonable success rate are the critical drivers augmenting the market growth. Oral disorders afflict over 3.5 billion people worldwide, according to the World Health Organization's 2020 report. In this, 2 billion people suffer from caries of permanent teeth.
By Product or Material Type, the Xenograft segment dominated the market in 2020
Among all dental bone transplant alternatives, the Xenograft Segment had the largest share by product type. Easy accessibility, cost, a long shelf life, sterility, and reduced morbidity were among the benefits.
The Synthetic Bone Graft Substitutes market, on the other hand, is expected to grow at the fastest rate. Less danger of disease transmission, high osteoconductivity, hardness, and better acceptance of synthetic materials like ceramics, BMPs, and other polymer-based materials are reasons for the above facts.
By Application, the Socket Preservation category held the most significant share of the market in 2020
In terms of Application, the Socket Preservation category is the market leader. Increasing awareness of the benefits of dental implants and the number of surgeries performed is attributed to this growth.
By End-User, the Dental Clinics segment showed sheer domination in 2020
Dental clinics lead the segment by end-user with a 75 percent share in 2020 because of convenience and surgeon availability. Furthermore, they are more efficient and safer during procedures. In terms of the fastest growth rate, the fastest growth rate was seen in hospitals.
THE EUROPEAN UNION SIGNIFICANTLY DOMINATED THE MARKET IN 2020
By region, Europe had a market share of over 39% in 2020, followed by North America, owing to a higher number of surgeries performed, a vast pool of geriatric population, favorable reimbursement, insurance coverage, and improved government backing for the product's commercialization.
On the other hand, North America is expected to take the lead in the global market for dental membrane and bone graft alternatives shortly, according to the estimate. Asia Pacific is expected to have the highest CAGR due to improving economic conditions in terms of growth.
IMPORTANT MARKET PLAYERS:
Some of the leading players in the field of the Global Dental Bone Graft Substitutes Market include- Dentsply Sirona, Johnson & Johnson, Danaher Corporation, Medtronic, Strauman, Zimmer Dental, Geistlich Pharma, RTI Surgical, BioHorizons, IPH Inc, Dentium, LifeSciences Corporation, Smith & Nephew, Novabone LLC, Botiss biomaterials GmbH, Collagen Matrix Inc., Osteogenics Biomedical, LifeNet Health, Wright Medical, and Stryker Corporation.
Recent Developments