Nanotechnology Dental Implant Market Booms
Dental implants have been in the marketplace for a long period of time for restoring or replacing teeth. The surgery for dental implantation is critical as there are high chances of infections in gingival tissue when implantation is done. Another challenge for the dental surgeons is achieving osseointegration. As the introduction of nanotechnology has revolutionized the several branches of medicine, dentistry too has been benefited by it. Nanotechnology has been profoundly used to manufacture nanomaterials that are used use in manufacturing next-generation implants. The implant surfaces of dental implants are particularly being manufactured with such nanomaterials to influence the osteointegration process and minimize the chances of infection. According to American Academy of Implant Dentistry, the number people having dental implants in the U.S. are rising by 500,000 per year. The demand for dental implants is therefore on the rise and the demand is attributed to stomatological, traumatological and orthopedic damage of teeth.
The global nanotechnology dental implants market is segmented on the basis of products into five major categories, namely, titanium dental implants, root-form dental implants, ramus-frame dental implants, transosseous dental implants, and blade-form dental implants. The new technology is being marketed by few market players such as Nobel Biocare Holdings AG (Switzerland) and Straumann Holding AG (Switzerland). The market leading companies are heavily investing in research and development to develop nanomaterials that are more biocompatible possessing qualities such as higher osseointegration, adsorption of proteins, and adhesion to cells and tissues. Introduction of innovative nanotechnology dental implants by these companies will help in consolidating the market due to their competitive edge in global marketing and distribution over the regional players.
The major driving factors for the growth of global nanotechnology dental implant market are the lower failure rate of dental implants. This has been possible due to several advantages offered by nanomaterials such as improved bone healing, reduction in infections, improved osseointegration. Dental surgeons and general practitioners are therefore expanding the use of dental implants instead of other available alternatives which is a good indication for growing global nanotechnology dental implants market. The other generic factors which drive the market include high number of edentulous population in the western world and increasing disposable income in Asia, Africa and other parts of the world. The increasing awareness of dental care in these new markets pose a good opportunity for the companies in this market to increase their revenues which will ultimately result in the expansion of global nanotechnology dental implants market. However, for a while cost of procedure and lack of reimbursement may restrain this market as only people with high disposable income can have nanotechnology dental implants.
Although the market is growing in the developed nations, the market is highly influenced by the economic scenarios in those nations. The North America and Europe market for nanotechnology dental implants market has been witnessing a slump during the economic crisis post 2009-2010. However, as the global economy is recovering from crisis, the market in these regions is expected to grow further in coming years. Some of the key players in the global nanotechnology dental implants market are Nobel Biocare Holdings AG, Straumann Holding AG, Dentsply International, Inc., Zimmer Dental, Inc., OpenCell Biomed, Inc., BIOMET 3i LLC, BioHorizons IPH, Inc., Ivoclar Vivadent AG, Westlake Plastics Company and Orchid Orthopedic Solutions.
