The osseointegration implants market size was valued at USD 8,654 million in 2021 and is poised to grow at a 7.4% CAGR during the forecast period 2023 to 2029. The primary driver of the expansion of the global osseointegration implants market is increasing the number of joint replacement surgeries among a wide range of populations. The global osseointegration implants market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In July 2021, Nobel BioCare launched a new dental implant cleaning technology.
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The global osseointegration implants market segmentation:
1) By Product Type: Dental Implants, Knee Implants, Hips Implants and Spinal Implants.
2) By Material: Titanium, Ceramic, Zirconia, Stainless Steel and others
3) By End Users: Hospitals, Ambulatory Surgical Centers, and Others
Amongst materials, the titanium segment held considerable market share during the estimated period. Titanium and its alloys are the dominant material for orthopedic/dental implants owing to their stable chemical properties and better biocompatibility is expected to account for a higher revenue share in the global market. One of the osseointegration implants material with the highest demand of titanium. Titanium material implants product give producers the opportunity to display innovation and cost effective, which is utilised to draw customers, particularly geriatric population.
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The North America market is expected to increase in the global osseointegration implants market over the forecast period. During the forecast period, the region held the greatest market share, and it is anticipated that it would continue to dominate the market. The prevalence of a sizable senior population, the frequency of numerous major accidents that may result in disability, an increase in the incidence of bone-related ailments, and a favourable compensation scenario are all responsible for this. Due to the presence of highly populous nations like China and India, the presence of a sizable senior population, and an increase in accidents, the osseointegration implants market in Asia-Pacific is anticipated to have considerable growth over the forecast period.
The osseointegration implants market key players are Danaher Corporation, Camlog, Osstem Implant, Medtronic, Stryker Corporation, Zimmer Biomet Holdings, Smith and Nephew Plc., Straumann AG Group, Integrum SE.
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