The US market for small-diameter implants expanded more than 30% in 2007, according to Millennium Research Group
WALTHAM, Mass., Feb. 25 /PRNewswire/ -- Millennium Research Group's US Dental Marketrack shows that small-diameter (less than or equal to 3.0 mm) dental implants are becoming increasingly popular in the US. Revenues for these implants are growing at a faster rate than those of regular-diameter (> 3.0 mm) dental implants.
The US market for small-diameter dental implants grew more than 30% in 2007, generating over $20 million in revenues. The increasing number of general practitioners (GPs) incorporating dental implants into their list of services has contributed significantly to the rising sales of small-diameter dental implants.
"Patients often prefer the small-diameter to large-diameter dental implants because they involve less surgical time and are a more cost-effective option," says Chris Shutsa, Senior Analyst at Millennium Research Group. "Moreover, small-diameter dental implants usually require fewer steps to place and can be placed noninvasively, making them a simpler solution for a clinician new to implantology."
Although currently only a few manufacturers offer small-diameter dental implants approved by the Food and Drug Administration (FDA) for long-term use, more competitors will enter this market over the next five years. The large population base that can benefit from small-diameter dental implants, in addition to continuous education efforts on the part of implant manufacturers, will increase dentist awareness of this treatment option, thereby facilitating the growth of this segment through 2012.
Dental Marketrack(TM) gathers data from over 300 dentists, including general dentists, oral and maxillofacial surgeons, periodontists, and prosthodontists throughout the US on a quarterly basis. Marketrack(TM) subscribers receive thousands of data points, including usage (units, average selling price, and revenue), procedure, competitor, and brand information.
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About Millennium Research Group
Millennium Research Group (http://www.MRG.net), a Decision Resources, Inc. company (http://www.DecisionResources.com), is the global authority on medical technology market intelligence and a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.
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For more information, contact: Amy Krohn Millennium Research Group 416-364-7776 x101 akrohn@mrg.net
SOURCE Millennium Research Group