Dental bone grafts are used to replace the missing or damaged teeth or gums with an artificial, synthetic, or natural substitute. Prior to these grafts and substitutes, autograft was the most preferred method of bone grafting, however, technological advancements lead to development of synthetic grafts. Today, synthetic grafts are widely adopted due to its advantages such as longer shelf life, no risk of developing disease, and sterility. Therefore, the market for these synthetic grafts is poised to witness robust growth during the forecast period.
High prevalence of periodontal diseases and dental cavities, increase in incidences of dental fractures, rapidly aging population, increased awareness about availability of treatment options, growing adoption of bone graft substitutes, and increasing demand for minimal invasive procedures are set to drive the global market for dental bone graft substitutes. Additionally, increased availability of products with high osteoinductive and osteoconductive properties will further contribute to the market growth. However, stringent regulations and high cost of bone grafting procedures will hamper the market growth during the forecast period.
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Elderly patients with periodontal disease need more aggressive treatment therapy, thus increasing the demand for dental bone graft substitutes. As per the data revealed by United Nations Department of Economic and Social Affairs, the number of older people is projected to reach 2 billion in 2050 from 841 million people in 2013. Thus, growing elderly population is set to further contribute to the market growth. Moreover, rising prevalence of periodontal diseases and dental cavities will fuel the market growth. For instance, according to FDI World Dental Federation, in 2014, 30% of people worldwide aged between 65 and 74 years have lost all their natural teeth. Additionally, increased focus on aesthetic looks and growing demand for cosmetic dentistry will further drive the market growth.
Major players operating in this market are Graftys, Collagen Matrix, Inc., LifeNet Health, Olympus Terumo Biomaterials Corp, Sunstar Americas, Inc., Geistlich, NovaBone, Kerr Corporation, Institut Straumann AG, Curasan AG, Zimmer Biomet, DENTSPLY Sirona International, Medtronic, Cortex Dental Implants Industries Ltd., and Genoss. These companies are highly focused on product development through mergers and acquisitions to penetrate the market. In line to this strategy, in February 2016, DENTSPLY International Inc. and Sirona Dental Systems, Inc. merged to form Dentsply Sirona International. This merger enabled Dentsply Sirona to focus its efforts on providing better dental care.
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