Despite the economic recession, tooth loss among the elderly will create some growth in the $3 billion global dental implant market, according to Kalorama Information's new report, "Implant-Based Dental Reconstruction: World Dental Implant and Bone Graft Market."
Simple demographics will account for most of this growth: The U.S. elderly population is projected to be twice as large in 2030 as it was in 2000, and tooth loss rates are high among this population, according to Kalorama. But some customers will still have to put off implants for the time being, the company said.
"The numbers so far suggest that basic restorative work, preventive, day-to-day procedures will continue unabated by the economic downturn, though teeth whitening and purely cosmetic dentistry will suffer," said Bruce Carlson, analyst for Kalorama, in a press release. "These are big purchases, and in a recession tentative spending is contagious. That will taper the kind of fast growth we've seen here (previously)."
Equally impacted is the dental bone graft market, which has a growth trajectory proportional to growth in the dental implant market. Both sectors will see gains of 5% in 2009, the lowest annual increase in more than a decade for either, according to Kalorama.
Copyright © 2009 DrBicuspid.com
