In 2022, the total market size of dental implants in Korea is estimated to be approximately ***USD (manufacturers/importers' initial selling prices) and ***USD (medical institutions' purchase prices).

Afterwards, it is expected to maintain an average annual growth rate of ***% for the next five years and as a result, the market size is projected to be approximately ***USD (manufacturers/importers' initial selling prices) and ***USD (medical institutions' purchase prices). Unlike other medical devices, the market size based on medical institutions' purchase prices compared to the market size based on manufacturers/importers' intial selling prices appears to be decreasing even after the distribution of the products. This can be interpreted as a result of the inventory in warehouses of the manufacturers/importers and the inventory held by medical institutions before using them to patients.

Based on the purchase price of medical institutions in 2022, the market size is estimated to be approximately ***USD. About ***USD was paid from the National Health Insurance reimbursement and the remaining ***USD was paid by patients out-of-pocket (non-reimbursement). It is analyzed that the current reimbursement criteria played a part allowing up to 2 teeth only for partially edentulous patients over the age of 65. (See Chapter 5.4.1 for more details on reimbursement criteria).

The National Health Insurance reimbursement volume for dental implants in 2022 is approximately ***USD, an average annual growth of ***% compared to ***USD in 2018. This is because the reimbursement cases have increased following the coverage expansion policy (from those aged 70 above to those aged 65 above) effective from July 2018.

Dental implants are broadly divided into (1)dental implant fixation and (2)dental implant abutment. Although they are listed as separate products, the fixture and the abutment are used as one set.

For dental implant fixtures, the surface of implants are chemically treated for the purpose of promoting osseointegration and osteogenesis. They are classified in detail according to the coating method and among them, SLA-processed products had the highest amount of reimbursement claims and billings. In 2022, about ***USD (about ***units used) was claimed, which is the result of an average annual growth of ***% compared to the 2018 claims of about ***USD.

For dental implant abutments, they are classified according to the connection method and physical state. They are broadly divided into (1) integrated type and (2) detachable type depending on the method of connecting the abutment and abutment screw. In 2022, the reimbursement volume for detachable type is approximately ***USD (about ***units used), and for integrated type ***USD (about ***units used). The reimbursement volume for detachale type is more than ***. The main material for dental implants is titanium and no more new materials are developed after the introduction of zirconium and zirconia. Since the material is not a deciding factor in choosing a product, it is not discussed in detail.

The reimbursement volume by end-user type in 2022 out of the total ***USD is as follows: dental clinics approximately ***USD (***%), dental hospitals approximately ***USD (***%), and general hospitals approximately ***USD (***%). Among them, the average annual growth rate of hospitals from 2018 to 2022 rose sharply to ***%. The number of claims out of the total *** units is as follows: dental clinics ***, dental hospitals ***, and general hospitals ***.

As of January 2023, there are *** products of *** manufacturers/importers listed as reimbursement or non-reimbursement of the National Health Insurance. Major suppliers of the dental implant market include Osstem Implant, Dio Implant, Dentium, Straumann, Dentsply Sirona, Dentis, Shinhung, MegaGen Implant, NeoBiotech and ZimVie.

Among them, it is estimated that the combined market share of the top two suppliers exceeds more than ***% of the total market, and other manufacturers/importers account for the rest of the market. The market share of the major companies in the dental implant market is estimated as follows: Osstem Implant ***%, Dentium ***%, and Straumann ***%.

Dental implants were introduced to Korea in the 1980s and primarily formed a market mainly with imported products such as Straumann and Brennemac until the early 2000s. In 2014, the National Health Insurance System began to reimburse dental implants for those aged 75 above, and the market share of imported products with relatively uncompetitive prices started to decline gradually.
On the other hand, the market share of domestically manufactured products has increased relatively, and a market centered on domestic manufacturers such as Osstem Implant and Dentium has been formed. As such, the dental implant market has been growing thanks to the reimbursement coverage expansion policy of the National Health Insurance and this trend is expected to continue in the future. The dental implant market is expected to continue to grow at an average annual rate of ***% over the next five years, driven by the following factors: the aging population, increasing periodontal consultations, the prevalence of periodontal disease, and the reimbursement coverage expansion of dentures for the elderly. One of the natures of the dental implant market is that new designs or materials are no longer developed. If equipments like digital solutions are introduced in order to improve the convenience of procedures, they will drive demand for more dental implants.

Chapter 1 Introduction
   1.1 Purpose
   1.2 Suggestions for Best Use
   1.3 Scope
   1.4 Research Methods
      1.4.1 Desk Research
      1.4.2 Primary Research
   1.5 Analytic and Projection Methods of Market Size
      1.5.1 Data Sources
      1.5.2 Exchange Rate
      1.5.3 Market Size Estimation Methods

Chapter 2 Executive Summary

Chapter 3 Market Overview
3.1 Market Size at Manufacturers/Importers' Initial Selling Prices
   3.1.1 Five-Year Forecast of Market Size
3.2 Market Size at Medical Institutions' Purchase Prices
   3.2.1 Reimbursement Volume of Dental Implants
      3.2.1.1 Reimbursement Volume by Product Group
      3.2.1.2 Reimbursement Volume by End-User Type

Chapter 4 Major Suppliers
   4.1 Osstem Implant
   4.2 Dio Implant
   4.3 Dentium
   4.4 Straumann
   4.5 Dentsply Sirona
   4.6 Dentis
   4.7 Shinhung
   4.8 MegaGen Implant
   4.9 NeoBiotech
   4.10 ZimVie

Chapter 5 Market Dynamics
   5.1 Impact of COVID-19
   5.2 Characteristics of Healthcare Market in Korea
      5.2.1 Market History of Dental Implants
      5.2.2 Change History of Payment Environment
      5.2.3 Number of Dental Institutions and Professionals
      5.2.4 Determination Criteria for Reimbursement vs. Non-Reimbursement
      5.2.5 Distribution Channel of Dental Implants
   5.3 Key Indicators of Dental Implants
      5.3.1 Aging Population
      5.3.2 Periodontal Treatments
      5.3.3 Prevalence of Periodontal Disease
      5.3.4 Dental Implants Treatments and Procedures
      5.3.5 Other Treatments on Demand with Dental Implants
         5.3.5.1 Bone Grafting
         5.3.5.2 Sinus Lifting
   5.4 Market Drivers
      5.4.1 Demand
      5.4.2 Increased Number of Suppliers
   5.5 Market Opportunities
      5.5.1 Reimbursement Coverage Expansion Policy
      5.5.2 Reimbursement Coverage Expansion of Denture for Seniors
      5.5.3 Clinical Study on New Dental Implants
      5.5.4 Increased Convenience of Treatment With Digital Solutions
      5.5.5 Awareness Among Medical Professionals and Patients
   5.6 Market Restraints
      5.6.1 Reimbursement Pricing Scheme of National Health Insurance
      5.6.2 Market-Dominant Brands
      5.6.3 Strengthening Government Regulations
   5.7 Unmet Needs

Appendix Major Products Included in This Report for Market Estimation (As of 01 January 2023)

[Table 1] Classification of Dental Implants Approval
[Table 2] Market Size of Initial Selling Price 2018-2022 (in USD)
[Table 3] Five-Year Forecast of Market Size 2022-2026 (in USD)
[Table 4] Reimbursement Volume of Dental Implants 2018-2022
[Table 5] Surface Treatment Methods of Dental Implant Fixtures
[Table 6] Reimbursement Volume of Dental Implants by Product Group 2018-2022 - Fixtures
[Table 7] Reimbursement Volume of Dental Implants by Product Group 2018-2022 - Abutments
[Table 8] Reimbursement Volume by End-User Type 2018-2022
[Table 9] Number of Dental Implants Product Approval Cases (as of 31 January 2023)
[Table 10] Number of Products on the List of National Health Insurance by Product Group (as of 1 January 2023)
[Table 11] Key Brand of Osstem Implant - Bone Level TS system
[Table 12] Key Brand of Osstem Implant - Tissue Level SS system
[Table 13] Key Brand of Dio Implant - UF(Ⅱ) Int. Submerged system
[Table 14] Key Brand of Dio Implant - UF(Ⅱ) Int. Non Submerged system
[Table 15] Key Brand of Dentium - Simple Line Ⅱ
[Table 16] Key Brand of Straumann - Straumann Bone Level Implant Line
[Table 17] Key Brand of Dentsply Sirona - Astra Tech Implant System (OsseoSpeed)
[Table 18] Key Brand of Dentsply Sirona - ANKYLOS Dental Implant System
[Table 19] Key Brand of Dentsply Sirona - XiVE S plus Screw Implant
[Table 20] Key Brand of Dentis - SQ
[Table 21] Key Brand of Dentis - OneQ
[Table 22] Key Brand of Dentis - Cleanlant
[Table 23] Key Brand of Dentis - I-FIX
[Table 24] Key Brand of Sinhung - LUNA S
[Table 25] Key Brand of Sinhung - SOLA S
[Table 26] Key Brand of Sinhung - STELLA
[Table 27] Key Brand of MegaGen Implant - AnyRidge
[Table 28] Key Brand of MegaGen Implant - Blue Diamond
[Table 29] Key Brand of MegaGen Implant - AnyOne
[Table 30] Key Brand of MegaGen Implant - MiNi
[Table 31] Key Brand of NeoBiotech - IS Ⅲ Active
[Table 32] Key Brand of NeoBiotech - IS Ⅱ Active
[Table 33] Key Brand of NeoBiotech - EB Ⅱ Active
[Table 34] Key Brand of NeoBiotech - IT Ⅲ Active
[Table 35] Key Brand of ZimVie - TSV
[Table 36] Number of Dental Implant Patients 2018-2021
[Table 37] Number of Dental Implant Patients by Age Group 2018-2021
[Table 38] Changes in Reimbursement Criteria for Dental Implants
[Table 39] Number of Dental Hospitals and Practices 2018-2021
[Table 40] Number of Dentists 2018-2021
[Table 41] Determination Criteria for Dental Implant Reimbursement vs. Non-Reimbursement
[Table 42] Estimate of Elderly Population Over 65 Years Old
[Table 43] Periodontal Treatments 2018-2021
[Table 44] Prevalence of Periodontal Diseases
[Table 45] Dental Implant Treatments - Diagnosis and Procedure Planning (1st Step) 2018-2022
[Table 46] Dental Implant Treatments - Actual Placing (2nd Step) 2018-2022
[Table 47] Dental Implant Removal Treatments 2018-2022
[Table 48] Dental Implant Treatments - Prosthodontics (3rd Step) 2018-2022
[Table 49] Types of Bone Grafting
[Table 50] Bone Grafting Treatments 2018-2021
[Table 51] Types of Oroantral Fistula Closure
[Table 52] Oroantral Fistula Closure Treatments 2018-2021
[Table 53] Summary of Market Drivers
[Table 54] Changes in Number of Dental Implant Product Codes 2018-2021
[Table 55] Reimbursemet Criteria for Dental Implants
[Table 56] Reimbursement Coverage Expansion Policy of Dental Implants for Elderly Population
[Table 57] Clinical Trials of Dental Implants 2018-2023 (as of 9 March 2023)
[Table 58] Classification Method and Reimbursement Criteria for Dental Implants (as of 1 March 2021)

[Fig 1] Market Size of Initial Selling Prices 2018-2022 (in USD)
[Fig 2] Five-Year Forecast of Market Size 2022-2026 (in USD)
[Fig 3] Market Size at Hospital Acquisition Price (2022)
[Fig 4] Market Size Forecast at Hospital Acquisition Price (2027)
[Fig 5] Reimbursement Volume of Dental Implants (2018-2022)
[Fig 6] Examples of Abutment Types (Straight & Angles)
[Fig 7] Reimbursement Volume of Dental Implants by End-User Type 2022 (in USD)
[Fig 8] Reimbursement Volume of Dental Implants by End-User Type (2018-2022)
[Fig 9] Estimated Market Share of Key Dental Implants Companies (2022)
[Fig 10] General Distribution Path of Dental Implants
[Fig 11] Percentage of Elderly Population (65 years+)

1 Osstem Implant
2 Dio Implant
3 Dentium
4 Straumann
5 Dentsply Sirona
6 Dentis
7 Shinhung
8 MegaGen Implant
9 NeoBiotech
10 ZimVie