Philippines Dental Implant Market Analysis

Philippines Dental Implant Market Executive Summary

Philippines Dental Implant Market was valued at $11 Mn in 2023 and is predicted to grow at a CAGR of 10.3% from 2023 to 2030, to $21.80 Mn by 2030.

Dental implants are surgically placed artificial tooth roots that integrate with the jawbone over several months, providing a stable foundation for replacement teeth like crowns, bridges, or dentures. These implants offer solid support, eliminating issues like slipping or noise, and are not prone to decay like natural teeth. Ideal candidates are those with missing teeth, sufficient bone density, and healthy oral tissues, benefiting from improved speech and appearance. However, risks include infection, injury to nearby structures, nerve damage, and sinus problems. Thorough pre-surgical evaluations, including dental X-rays, 3D imaging, and comprehensive exams, are essential to ensure a successful outcome.

In the Philippines, dental diseases are widespread, with 87.4% of the population suffering from tooth decay or dental cavities, according to the National Monitoring and Evaluation for Dental Survey (NMEDS). Gum disease affects 78% of Filipinos, often presenting as gingivitis due to inadequate oral hygiene. Among adults, the prevalence of periodontal disease is estimated to exceed 75%, highlighting significant oral health challenges in the country.

The market therefore is driven by significant factors like rising demand for aesthetics, growing dental tourism potential, and high dental awareness. However, high treatment costs, limited public insurance coverage, and uneven distribution of qualified dentists restrict the growth and potential of the market.

Prominent players in this field are Straumann Group, Dentsply Sirona, Zimmer Biomet Ltd, and Henry Schein Holdings Ltd among others.

Market Dynamics

Market Growth Drivers

Growing Demand for Aesthetics: Gum disease, affecting 78% of Filipinos and frequently presenting as gingivitis due to poor oral hygiene, is a major concern. At the same time, the increasing focus on aesthetics among Filipinos is driving the demand for dental solutions that enhance smiles. Dental implants, known for their natural appearance and durability, are increasingly sought after as a preferred option for replacing missing teeth, leading to a rise in demand.

Increasing Dental Awareness: Public health initiatives and media portrayals are enhancing awareness of oral health in the Philippines. This increased awareness is likely to boost interest in dental implants as a long-term solution for missing teeth.

Growing Dental Tourism Potential: The Philippines' growing reputation as a destination for medical tourism is now extending to dentistry. This trend may attract patients from neighboring countries who are seeking affordable dental implant procedures.

Market Restraints

High Treatment Costs: Dental implant procedures in the Philippines can be quite costly due to several factors, including the number of implants required, the materials used, the surgical expertise needed, and the associated diagnostic procedures. These high costs can make dental implants less accessible to a significant portion of the population.

Limited Public Insurance Coverage: The National Health Insurance Program of the Philippines (PhilHealth) generally does not cover dental implants. This limitation poses a significant barrier for many individuals who depend on public insurance, resulting in reduced demand for dental implants among the population.

Uneven Distribution of Qualified Dentists: Highly skilled and experienced dentists specializing in dental implant surgery are often concentrated in major cities such as Manila and Cebu. This concentration can restrict access to these procedures for individuals in remote areas, leading to lower demand for dental implants overall.

Regulatory Landscape and Reimbursement Scenario

In the Philippines, the Professional Regulation Commission (PRC) under the Board of Dentistry is responsible for the registration, licensure, and regulation of dental professionals, including those performing implant procedures. The Board of Dentistry sets the standards and guidelines for dental education and practice, ensuring ethical considerations and the proper use of materials and techniques.

The Philippine Health Insurance Corporation (PhilHealth) offers limited coverage for dental services, typically excluding implant treatments except for certain conditions. When covered, PhilHealth usually reimburses only a portion of the costs, leaving patients to pay the rest. Conversely, some Filipinos have private dental insurance, which often provides more comprehensive coverage for endodontics. The extent of this coverage varies by plan, with many covering part of the costs for implant procedures and requiring co-pays and deductibles. Some plans may also limit coverage for advanced techniques and materials.

Competitive Landscape

Key Players

Here are some of the major key players in the Philippines Dental Implant Market

• Straumann Group
• Dentsply Sirona
• Zimmer Biomet Limited
• Henry Schein Holdings Limited
• Thommen Medical AG
• Bio Horizons Ltd
• Nobel Bio care
• Osstem Implant
• Astra Tech Dental
• Megagen Implant