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Dental Bone Graft Substitutes: An Emerging Market with Attractive Growth Opportunities

Rise in aging population, growing medical and Dental tourism in developing countries, and increasing disposable income in developing countries are major factors fueling the growth of global dental Bone Graft Substitutes market . This market is expected to reach USD 664.3 million by 2021, at a CAGR of 9.8% from 2016 to 2021.

Edentulism (toothlessness) is common among elderly population. According to the American Association of Oral and Maxillofacial Surgeons (AAOMS), 69% of adults aged between 35 and 44 have lost one tooth permanently in an accident, tooth decay, gum disease, or due to failed root canal.

According to the World Health Organization (WHO), there has been a development in the elderly population in recent years; Globally, the percentage of aging population over 60 years is expected to grow from 11% of the total population in 2000 to 22% of the overall population by 2050. The aging population is one of the major consumers of major Dental Bone Graft substitutes products. Therefore, the demand and consumption of the bone marrow is expected to increase in the population.

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Emerging economies such as India and China offer significant growth opportunities. Asian economies offer high growth potential to this market due to a large population base.

In 2013, about 900,000 Americans traveled to Asian countries, such as India, Thailand, and Singapore to undergo various health-related treatments. Dental tourism is an important factor that drives the market dental bone graft substitutes market. The price of a dental crown in the US is USD 2,000 and USD 1,000 in the UK, however, in the United States, USD 300 in India, and USD 100 in the Philippines. This emerging economy is emerging.

Countries such as Thailand and Malaysia offer dental care packages that include the cost of a dental treatment, which is still lower than the total cost of a dental treatment incurred in the US or UK This attracts a large number of people from America and Europe to other countries, thus making a major source of income in these countries. Introduction and availability of newer and advanced dental products is expected to further fuel the growth of this market.

Read more: https://www.prnewswire.com/news-releases/dental-bone-graft-substitutes-market-worth-6643-million-usd-by-2021-583794631.html



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Dental Bone Graft Substitutes: An Emerging Market with Attractive Growth Opportunities

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