The leading five global dental implant manufacturers account for about two thirds of the total market. On the basis of published data, we estimate that we gained market share in 2008 and underpinned our firm number 2 position in the global implant market. The remaining third of the market is distributed among a large number of manufacturers, who compete mainly on price, with limited training and education services. Most have little or no peer-reviewed clinical data supporting their products. In several developing countries local manufacturers hold substantial combined market shares.
Global Implant Market by Share of Sales
Source: MRG, iData and Straumann estimetes
Collectively, the implant, restorative and regenerative dentistry markets are thought to be worth more than CHF 5 billion globally. The market for implant dentistry in the principal global regions was estimated to be worth CHF 3.6 billion in 2008.
Implant Dentistry Market by Region
Sourse: Millennium Research Group (MRG), iData and Straumann estimates
In recent years, the dental implant, restorative and regenerative market has grown at a steady 15% in value terms. The severe economic downturn in the latter part of 2008 caused the markets to slow down significantly. The market is thought to have grown at approximately 8% in 2008. However, growth was considerably lower in the latter part of the year. We do not expect it to return to double digit market growth in the short term. We believe that this slowdown is primarily due to the high economic uncertainty and is not a permanent structural market adjustment. In the long term, the implant dentistry market remains attractive and capable of double-digit growth.
