20 August 2013 | News | By BioSpectrum Bureau
The MRG report includes unit, procedure, average selling price and revenue information, along with market drivers and limiters and a competitive landscape for dental implant fixtures
Singapore: A new report by the Millennium Research Group (MRG), the global authority on medical technology market intelligence, titled 'Middle Eastern markets for dental implants 2013', highlighted that the dental implants will see strong growth through 2021 as implant prices drop and as more dentists become comfortable with the procedures.
Dental implant procedure volumes will increase rapidly in all geographies as the population ages, given that the risk of missing teeth rises with age. Moreover, dental implant procedures are lucrative, and so a growing number of dentists will undergo training and begin performing these procedures in the upcoming years, creating greater accessibility for patients.
"Dental implant prices vary dramatically from one country to another, resulting in widely different markets," said MRG analyst, Mr Jeremy Seath. "One thing they will all have in common is falling implant fixture prices, which will make implant procedures increasingly accessible across the entire region."
Implant selling prices are already very low in Israel as a result of significant price competition and the presence of a large number of successful local manufacturers, such as MIS Implants Technologies, Alpha-Bio Tec, Adin Dental Implant Systems, and A B Dental Devices. The low cost of implants has in turn led to high procedure volumes and significant market saturation. Low prices
have, however, limited revenues in this space.
Millennium Research Group's Middle Eastern Markets for Dental Implants 2013 report includes unit, procedure, average selling price and revenue information, along with market drivers and limiters and a competitive landscape for dental implant fixtures and final abutments in Egypt, Israel and Turkey. Supplemental coverage is also available for Iran, Iraq, Saudi Arabia, Syria, the United Arab Emirates and Yemen, as well as in aggregate for the rest of the Middle Eastern countries.