FMI Dental Implants and Prosthetics Market In Data Cen | Page 6

Dental Implants and Prosthetics Market
Rising edentulous population, increasing disposable income and growing awareness for dental care are
some of key factors driving the growth of dental implants and prosthetics market. For instance, it has
been estimated that in 2010 approximately 160 million people globally were edentulous which accounts
for 2.3% of the global population. In addition, increasing geriatric population and changing lifestyle also
propel the growth of this market. According, to the World Health Organization (WHO) it has been
estimated that the global elderly population is expected to reach around 2 billion by 2050; thiswas
around 524 million in 2010. Moreover, the global geriatric population is expected to grow at the fastest
rate in developed countries such as Italy, Germany, the U.K., the U.S. and Japan. According to the U.S.
Census Bureau, around 40 million people in the country belonged to the elderly category in 2011. Around
89 million people are estimated to be beyond the age of 65 years by 2050.Thus, increasing geriatric
population globally augments the demand for dental implants and prosthetics.Technological
advancements in the field of dentistry also drive the growth of this market. With the introduction of
computer-aided design/computer-aided manufacturing (CAD/CAM) technology has significantly reduced
the dental treatment time. Thus, all the above mentioned factors collectively drive the growth of dental
implants and prosthetics market. However, unfavorable reimbursement policies restrict the growth of
this market during the study period.
Geographically, Europe accounts for the largest share of the global dental implants and prosthetic market
as the key players are domiciled in this region followed by North America. In addition, increasing geriatric
population, presence of organized distribution channels and rising disposable income are of the major
factors driving the global demand of this market during the forecast period 2015 to 2025. In addition,
Asia-Pacific is estimated to be fastest growing market for dental implants and prosthetic owing to
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