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Business Asia Pacific

(DTI/Photo Apple's Eyes Studio, Canada)
Jan 27, 2011 | Business Asia Pacific

Dental implants see fastest growth in Emerging Markets

by Daniel Zimmermann, DTI

NEW YORK, USA/LEIPZIG, Germany: Premium manufacturers are driving the market for dental implants and bone-craft substitutes in countries like China and India, according to iData Research. In a market report, the Canada-based consulting company has forecasted the market volume of both countries for dental implants to exceed US$400 million by the year 2017. Strong double digit growth rates were also predicted for Brazil, another potent global Emerging Market.

The rapid growth of dental implants will also drive the market for dental biomaterials and bone-craft substitutes, the report states. The number of procedures using these materials is expected to reach almost 400,000 in both countries by 2017.

"The de-regulation of dental care services in China and India has fueled growth of private dental clinics in major urban centers," said Dr. Kamran Zamanian, CEO of iData. "In addition, the low cost of labor has kept implant procedural costs relatively low, promoting dental tourism from countries such as Japan, South Korea and Australia.”

Markets in China and India are currently dominated by few foreign manufacturers such as Dentsply-Friadent, Nobel Biocare or Straumann. The Swiss-based company particularly has increased its market share in China and South Eastern Asia with the introduction of innovative products including the Bone Level Implant and SLActive dental implant surface technology. Global business consultant Frost & Sullivan recently awarded the company with its 2010 Asia Pacific Dental Implant Company of the Year Award for superior performance in different areas such as strategic product development.

Europe still holds the largest share of the US3.2 billion worth global dental implant market followed by the US, Korea and Japan. The market itself is projected to growth by more than 20 percent over the next five years.

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