Dental Membrane and Bone Graft Substitutes Market Trends

Growth Drivers

• Increasing Elderly Population Around the World - As of the end of 2021, there were 747,238,580 people over 60 around the world, according to the World Bank. The number is expected to increase in the coming years. Oral health problems are more prevalent in older adults. A greater number of older people suffer from dental diseases, such as edentulism. Thus, the growing adoption of dental implants among the escalating elderly population is expected to enlarge the global dental membrane and bone graft substitutes market size during the forecast period.

• Increasing Spending on Dental Services Worldwide - According to the Centers for Medicare & Medicaid Services, dental services accounted for a 3% share of overall healthcare spending in the United States. Also, the spending on dental services amounted to USD 142.4 billion in the year 2020. 

• Growing Consumption of E-Cigarettes and Vaporizer Among Millennials - According to the Centers for Disease Control and Prevention, in 2021, about 2.8% of middle school students and 11.3% of high school students reported that they had used electronic cigarettes and vaporizers around the globe.

• Rising Per Capita Income Worldwide – Throughout the world, per capita income in 2021 has increased by a total of 4.8% as compared to the global annual per capita income in 2020, which was down by -4.3%. 

• Growing Trend of Dental Tourism - such as in China and India, owing to the availability of cost-effective dental implants which is expected to fuel dental membrane and bone graft substitutes market growth in the region. For instance, the cost of a dental implant in the United States is approximately USD 4,000 to USD 5,000. A similar dental implant in India costs around USD 550 on average.

Challenges

• Higher Cost Associated with Bone Graft Surgeries - Autografts are only used for very minor bone abnormalities owing to their higher surgical expenses and greater surgical risks, such as excessive bleeding, infection, inflammation, and discomfort. According to current data, 2.2 million bone transplant surgeries are projected to be conducted yearly globally, costing an estimated USD 664 million by 2021, with the number of surgical procedures for treating bone abnormalities predicted to increase by almost 13% annually.
• Complications Involved in Bone Grafting Procedures
• Lack of Dental Professionals and Specialists