Dental Implants Statistics 2019: Whether you’re considering dental implant surgery or merely have an interest in the statistical data related to the dental procedure, this article may be of some interest to you. According to the National Institute of Health, dental implants have been on the rise since 1999. To help better put this into context, the number of dental implant procedures performed in the U.S. increased from 0.7 percent in 1999 to 5.7 percent in 2016. Of those who underwent the procedure, nearly 13 percent were between the ages of 65 and 74. That said, the total number of dental implants performed in the U.S. is expected to increase by as much as 23 percent by the year 2026. To say that dental implants are growing in popularity would a gross understatement as the procedure is quickly starting to eclipse other dental restoration procedures.
WHY IMPLANT ARE THE RESTORATION OF CHOICE FOR MANY AMERICANS
In a separate study conducted by iData Research, a well-regarded and leading international market research and consulting firm, as of 2018, the U.S. dental implant market was valued at roughly $1.1 billion, further highlighting the growing interest in dental implant procedures. And with a 5.1 percent CAGR (compound annual growth rate), it is likely that the same valuation will surpass $1.5 billion very soon. One of the things that make dental implants such a compelling choice for many people is the high success rate associated with the procedure. According to news-medical.net, an online, open-access medical information provider for healthcare professionals, dental implants have a 97 percent success rate and is recognized as the most advanced solution for those seeking to replace missing teeth caused by decay or trauma.
WHAT DOES THE FUTURE HOLD FOR THE U.S. DENTAL IMPLANT MARKET?
As the dental implant market continues to grow, more general practitioners are taking an interest in performing dental implant surgery, a procedure once reserved only for dentists and oral surgeons. In fact, a small percentage of the nation’s 150,000 GPs (general practitioners) are either already trained or will be trained to perform dental implant surgery. Additionally, fewer dentists and oral surgeons will be performing mini dental implants as traditional implants appear to be a more compelling choice for many consumers.
For those who are not familiar with mini implants, they are implants with a smaller diameter than traditional implants. The diameter of the average mini implant is between 1.8 mm and 3 mm and was previously recommended for those who didn’t have enough bone or gum tissue to support traditional implants. Of course, this is no longer the case as implant technology had advanced to the point where nearly everyone is able to benefit from the procedure even with less than adequate bone or gum tissue. In these cases, patients will need to undergo a bone or gingival grafting procedure prior to their dental implant procedure. Recognizing this shift in customer preference and dental technology, major suppliers like 3M, for example, have stopped carrying the components needed by dentists and oral surgeons to perform these types of dental restoration procedures.
As far as the future for dental implant procedures, Market Watch, an online resource for financial information, business news, analysis, and stock market data, it is believed that the prevalence of dental implant procedures will increase significantly amongst the geriatric population in the coming years. This increase stems from the fact that Americans are living longer and will need restorative dental care, namely implants, as they gracefully enter their golden years. Also, as these individuals become older, it is expected that they will become even more cognizant of the importance of oral hygiene and how implants can improve their oral health, all of which is expected to contribute to even more growth in the dental implant sector.
HOW DENTISTS ARE RESPONDING TO A GROWING U.S. DENTAL IMPLANT MARKET?
In the face of a growing dental implant market, which shows no signs of relenting anytime soon, the dental market for implant fixtures has collectively ramped up production of all components required to complete a dental implant procedure like fixtures, abutments, and prostheses, for example. It is also worth noting that more discount and value brand suppliers have entered the market, offering similar components at more competitive price points, which is a welcomed sight for dentists who had to rely on dental supply companies that only carried premium implant components with a premium price to match.
INCREASED DEMAND FOR VALUE IMPLANTS
In addition to highly skilled dentists, access to value-priced implant components can make dental implant procedures available to even more people like those on a fixed income, for example. As it stands, value-priced implants are expected to eclipse premium implants in term of volume sales by the year 2025, according to iData Research. Several studies have attributed this demand in value-priced implant components to more people opting for dental implant procedures over dental bridges and other restoration procedures. All in all, it comes down to supply and demand. And currently, the demand for implant procedures as well as the components needed to perform them is at an all-time high. It is also worth noting that GPs who perform dental implant surgery often gravitate toward value-priced implant components when performing dental implants procedures for their patients.
If you’re an investor, there is no time like the present to get on the proverbial bandwagon. After all, the U.S. dental implant market is poised to do exceeding well in the coming years, meaning if you invest in any segment of the market, you stand to see a sizeable return on your investment. For prospective patients, this trend in dental implants is helping to lower costs, which, in turn, is making the procedure even more accessible to those who either want or need it.