India dental bone graft substitute market is flourishing owing to expanding demand for medical & dental products & services, the increasing prevalence of oral ailments, and improvements in dental technology.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India dental bone graft substitute market size at USD 17.1 million in 2022. During the forecast period between 2023 and 2029, India dental bone graft substitute market size is projected to grow at an impressive CAGR of 8.32% reaching a value of USD 29.72 million by 2029. The desire for synthetic alternatives that are more biocompatible than existing grafting procedures is the main reason for boosting the market’s growth pace. The demand for dental bone transplant alternatives has greatly expanded across the nation as a result of growing government initiatives, investments, and programs aimed at avoiding oral illnesses and teaching people about maintaining good oral hygiene. The market for dental bone graft substitutes is expected to be driven by growing medical industry adoption of innovative technologies as well as increased geriatric population awareness of living a healthy life.
India Dental Bone Graft Substitute Market – Overview
Dental bone grafting is a surgical operation that uses artificial, organic, or man-made materials to join and replace missing or damaged body parts. Bone abnormalities brought on by disease, trauma, or resorption can be treated using these grafting procedures. In dentistry, bone transplants are employed as fillers. Everything from bone formation to bone healing can be aided by the grafting process. The oral bone transplant offers a biodegradable antibody response. By creating new bone, it functions as a mineral reserve.
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India Dental Bone Graft Substitute Market – By Application
India dental bone graft substitute market is segmented by application into Sinus Lift, Ridge Augmentation, Implant Bone Regeneration, Socket Preservation, and Periodontal Defect Regeneration. The market is dominated by socket preservation. The acceptance of socket preservation treatments has grown as bone grafting materials have advanced, including the introduction of synthetic bone materials. The application area includes Ridge Augmentation, Sinus Lift, Periodontal Defect Regeneration, Implant Bone Regeneration, and Socket Preservation. It is a technique used to reduce bone loss after removing a tooth from an alveolar bone tooth socket. Increasing dental implant procedures and public awareness of the importance of oral health care are driving the growth of this market.
Impact of COVID-19 on India Dental Bone Graft Substitute Market
The COVID-19 pandemic affected many businesses across industry verticals. All healthcare professionals were striving to manage COVID-19, which severely reduced the number of dental surgeries, and access was restricted to only the most basic care. The implementation of COVID-19 resulted in significant revenue losses, particularly in the first and second quarters of 2021. The primary reason for this was the increase in COVID-19 cases and the risk of disease transmission, which led to the closure of most dental clinics across the country. However, the market for dental bone grafts is beginning to recover from the effects of COVID-19 pandemic due to a surge in dental procedures following the success of anti-virus measures.
Competitive Landscape
India dental bone graft substitute market is fiercely competitive. Prominent players in the market include Dentsply Sirona, Johnson & Johnson, Danaher Corporation, Medtronic, Strauman, Zimmer Dental, and Geistlich Pharma. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the India dental bone graft substitute market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Dental Bone Graft Substitute Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Dental Bone Graft Substitute Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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