The Global Dental Bone Graft Substitutes Market is Fragmented and Competitive, With a Significant Number of Global and Regional Market Players
The global dental bone graft substitutes market is expected to reach USD 664.3 Million by 2021, at a CAGR of 9.8% from 2016 to 2021. Factors such as growing aging population, growing medical and dental tourism in developing countries, and increasing disposable income in developing countries across the globe are fueling the growth of this market.
The major players operating in global dental bone graft substitutes market include Institut Straumann AG (Switzerland), Geistlich (Switzerland) DENTSPLY International (U.S.), Zimmer Biomet (U.S.), Medtronic (Ireland), BioHorizons IPH, Inc. (U.S.), ACE Surgical Supply Company, Inc. (U.S.), RTI Surgical, Inc. (U.S.), LifeNet Health (U.S.), and Dentium (Korea).
The global dental bone graft substitutes market is fragmented and competitive, with a significant number of global and regional market players. This report studies the growth strategies adopted by key market players between 2013 and 2015. Leading players in the dental bone graft substitutes market have adopted various strategies to expand their global presence and increase their market shares. New product launches, FDA approval, and acquisitions are some of the strategies adopted by the market players to achieve growth in the dental bone graft substitutes market.
New product launches is the key strategy adopted by industry players between 2013 and 2015, in order to achieve growth in the dental bone graft substitutes market. This strategy accounted for 67% of the overall growth strategies adopted by the leading market players. The rising demand for technologically advanced bone graft substitutes, increasing adoption of bone graft substitutes, and their increasing applications in dental bone grafts industry have encouraged companies to adopt this strategy.
Besides new product launches, companies adopted the strategy of acquisition and FDA approval to increase their geographic reach, expand their customer base, and strengthen their product portfolios. This strategy accounted for a share of 33% of the total number of growth strategies adopted by market players in the dental bone graft substitutes market between 2013 and 2015.
Dentsply Sirona Inc. (U.S.) is a leading provider of dental products. The company adopted acquisitions, new product launches, and agreements as its key growth strategies. In February 2016, the company merged with DENTSPLY International Inc. This helped the company to expand its business and product offerings in the dental bone graft substitutes market.
Zimmer Dental Inc. (U.S.) is a leading provider of dental oral rehabilitation products and a subsidiary of Zimmer Holdings, Inc. The company adopted new product launches and agreements as key strategies for growth in the dental bone graft substitutes market. In October 2014, the company acquired Cambridge, Massachusetts-based ETEX Holdings to expand its offerings in orthopedic division. In May 2013, it acquired West Chester, Pennsylvania-based Knee Creations, LLC, which helped the company to widen its product portfolio. The company launched various new products in the dental segment. By developing new and innovative technologies, Zimmer Dental continues to reinforce its commitment to offer state-of-the-art dental solutions to its customers.
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Dental Bone Graft Substitutes Market by Type (Synthetic Bone Grafts, Xenografts, Allografts, and Demineralized Allografts), by Application (Sinus Lift, Ridge Augmentation, Socket Preservation, Periodontal Defect Regeneration, and Implant Bone Regeneration), by Product (Biooss, Osteograf, Grafton, and Others) - Forecast to 2021
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