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2020-09-01
720
Global
Implants turns even the most complicated clinical cases into simple ones and provide patients with long term esthetic results. Temporary implants (dental implants, screws, chemotherapy ports and bridges) makes most of the next generation implant market due to the increasing number of orthopedic surgeries and also they can be required more than once in a lifetime unlike permanent implants (hip implants, stents). With the advancement of techniques implants are possible with skin, tissue and bone.
Constant increase in diseases related to lifestyle and improved access to healthcare, especially medical devices and infrastructure are driving the global next generation implants market. However, strict regulatory norms for approval of product are likely to disrupt the global next generation implants market.
In countries like India, fearing more price control, medical device companies propose government to voluntarily cut prices. MNC’s like Zimmer Biomet and J&J is mostly affected by recent price cap imposed by National Pharmaceutical Pricing Authority (NPPA). Zimmer Biomet comprises of 130,000 innovative, personalized joint replacement solutions and orthopaedic products in addition with spine solutions and dental implants too.
By Product
By Material
By End User
By Geography
Success rate of implants is 80-90% that is the key growth factor of global next generation implants market. Increase in geriatric population associated diseases, adequate reimbursement policies, well trained personnel, rapid introduction of newer and more effective implants varities, presence of major players like J&J, Zimmer Biomet, etc across several key regional markets, technology and research intensive field are the driving factors of global next generation implants market. However, the advent of more promising substitutes to traditionally used materials is expected to intensify competition.
Economic costs of implants are significantly higher than that of mass-produced alternatives hinders the global next generation implant market. Low corrosion, wear, friction, and highly-aggressive microenvironment properties of implant component may cause material degradation, and release of unwanted metallic ions, which may trigger metal hypersensitivity leading to implant failure or post-surgery complications.
Opportunities
Global next generation implant market was USD 1.25 in 2016 and is anticipated to grow at a CAGR of 18.5% over 2017-2030. As per the material used metal and metal alloy implants dominate the market; however, with the advent of advancement in technology skin, tissue and bone implants are coming into light.
Geographically, North America is largest market player in global next generation implants market due to health awareness, reimbursement policies and focus on research and development. European next generation implant market was impacted by Brexit. APAC is projected to be the fastest growing next generation implant market owing to the rising aged population in China, Japan and India.
Market Synopsis
Market Segmentation
Global next generation implants market is segmented as follows:
Global Next Generation Implants Market Report covered insights of below mentioned regions:
Market Dynamics: Growth Drivers, Restraints and Opportunities
Impact of COVID-19 Outbreak on “Global Next Generation Implants Market ”, Manufacturers, Contract Manufacturers Suppliers and Recovery Strategy. A complete detailed chapter of 50-70 pages which includes the data and information focused on impacts of the pandemic on the Global Next Generation Implants Market . It also showcases the expected recovery schedule and losses in the industry and other various major factors.
Porter’s Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks
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