The dental market was valued at more than $1.9 billion in 2008 and will grow to more than $2.7 billion by 2013 despite the unfavorable economic conditions, according to a new report by Millennium Research Group (MRG).
MRG's "European Markets for Dental Implants 2009" report covers 16 countries, including the Eastern European and Benelux regions, Russia, and Israel, as well as the seven core markets: France, Germany, Italy, Spain, Sweden, Switzerland, and the U.K.
"The competitive nature of the European dental implant industry is one of the driving forces behind continuous manufacturer investments in new product research and development," said Kevin Flewwelling, manager of MRG's Orthopedics and Dental divisions, in a press release. "Varying levels of technological sophistication, paired against the nature of the competitive landscape and price sensitivity of these markets, make for some very surprising results about how some markets will contract while others continue to thrive through this period of economic uncertainty."
The report provides coverage of key industry competitors, including Adin Dental Implant Systems, Alpha-Bio Tec, Astra Tech, Biomet 3i, Camlog Biotechnologies, Dentsply Friadent, Impladent/Defcon, MIS Implant Technologies, Nobel Biocare, Straumann, Sweden & Martina, and Zimmer Dental.
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