Rising Spinal Cord Injury Volume to Drive Osseointegration Implants Market Growth
The osseointegration implants market is being positively influenced by the increasing volume of dental implant surgeries and trauma incidents, rising prevalence of spinal cord injuries (SCIs), growing funds for research, and improved reimbursement support for surgeries. It generated a revenue of $9.9 billion in 2017 and is expected to advance at a 4.0% CAGR during the forecast period (2018–2023). Osseointegration implants are used for the treatment of hearing loss, tooth loss, and amputees. Osteoblasts and supporting tissue migrate to the pore in which the implant is placed. Another driving factor for the osseointegration implants market is the rising number of SCIs. They generate the highest requirement for such implants amongst all osseointegration implant-treated injuries. As per the World Health Organization, the global annual incidence of SCIs is 40 to 80 cases per one million population. In the U.S., approximately 337,000 people are living with SCIs currently, and each year, 12,...