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Dental Implants and Prostheses Market Thriving due to Vast Aged Pool
The dental implants and prostheses market value is projected to grow from $7.2 billion in 2017 to $10.3 billion by 2023.
By: P&S Intelligence
The expansion of the aged patient pool has become one of the prime factors supporting the market growth. Edentulism, a tooth loss condition, is common among the elderly and one of the key factors that propel people to undergo dental implant procedures and intraoral scanning. Edentulism is caused by aging, periodontal disease, dental caries, and an unhealthy lifestyle. According to the 2019 World Population Ageing report, the global population of people aged 65 years or above will reach 1.5 billion by 2050 from 703 million in 2019.
The rising concern and awareness about oral health are other factors driving the dental implants and prostheses market growth, globally. The concern for oral care is surging due to the burgeoning incidence of tooth decay, tooth erosion, tooth sensitivity problems, and periodontal diseases. Oral diseases are associated with numerous risks that are common to chronic diseases like cancer, diabetes, cardiovascular diseases (CVDs), and chronic respiratory diseases. To avoid the life-threatening effects of oral problems, people are focusing on acquiring more knowledge regarding dental health and treatment methods.
Geographically, Europe accounted for the largest market share (https://www.psmarketresearch.com/
Thus, the rising concern about oral health, booming elderly population, and flourishing dental tourism industry will stimulate the market growth in the coming years.