Aesthetically Conscious Americans Driving Dental Implant and Facial
Aesthetic Procedures, according to Millennium Research Group
WALTHAM, Mass., Feb. 27 /PRNewswire/ -- According to Millennium Research Group's US Surgical Procedure Volumes 2008 report, dental implants and facial aesthetic procedures are both growing at over 15% compound annual growth rates (CAGR). This stands in stark contrast to non-cosmetic procedures, which are only growing at CAGRs of under 5%. Aesthetically conscious Americans are demanding cosmetic procedures due to a strong societal focus on good looks and an increased public acceptance of cosmetic enhancement procedures.
Dental implant procedures will expand at a CAGR of over 18% from 2008 to 2011. These procedures will experience particularly high growth due to patients' desire for aesthetically pleasing and healthy teeth, technological improvements of current dental implant devices, and greater awareness among general practitioners who can perform dental implant procedures.
"Facial aesthetic procedures will grow more than 15% over the next five years," says Jaya Classen, Senior Analyst at Millennium Research Group. "While non-cosmetic procedures are typically limited to those that are afflicted with a disease or infirmity, cosmetic procedures face no such demographic barriers to growth-the number of people seeking to improve their looks seems endless."
Millennium Research Group's US Surgical Procedure Volumes 2008 report covers over 200 different procedures, including anesthesiology, cardiovascular, dental, diagnostic imaging, endoscopy, general surgery, gynecology, neurosurgery, ophthalmology, orthopedics, urology, and varicose vein procedures. Millennium Research Group also has similar coverage of Japanese and European surgical procedure volumes.
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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|SOURCE Millennium Research Group|
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