TORONTO, Canada: According to a recently published report, the ageing population and the growing awareness of available dental treatment options will contribute to a strong expansion of the European market for dental biomaterials. Their use will increase significantly alongside dental implant procedures up to 2021. Revenues are expected to grow to over €287 million (US$375 million).
In particular, they expect Geistlich to remain the leader in the bone-graft substitute segment, which continues to generate the greatest revenue in the European dental biomaterial market. With regard to tissue-regeneration products, Straumann continues to be the only significant competitor.
The high price of dental procedures was identified as one of the main factors hindering growth. Owing to economic concerns, patients, especially in countries with a slow market growth such as Italy and Spain, are more likely to cancel or postpone expensive treatments. However, Sweden is expected to experience the fastest growth in dental biomaterials, as dental implant procedures are partially reimbursed in the country.
The report was issued by the Millennium Research Group, a Canadian market intelligence provider. It contains comprehensive data and analysis on the current state of the market for dental biomaterials in France, Germany, Italy, Spain, Sweden, Switzerland and the UK across a ten-year period.
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