"Dio, Maintaining Competitiveness in Digital Implants"

[Asia Economy Reporter Hyungsoo Park] IBK Investment & Securities forecasted on the 4th that Dio's growth, which slowed down last year due to the impact of COVID-19, will rapidly accelerate again starting this year.

Minhee Lee, a researcher at IBK Investment & Securities, explained, "Dio is a company specializing in the sale of dental implant products for artificial teeth, dental equipment, and medical devices," adding, "In 2014, it launched the world's first digital implant system, 'Dio Navi.'

She continued, "It is a solution that provides the entire process required for digital implant surgery," and "Compared to traditional implant procedures, it aims to enhance patient satisfaction and hospital profitability by minimizing gum incisions, reducing surgery time, and cutting patient visits by more than half."

Furthermore, "in 2019, Dio signed a long-term supply contract worth 220 billion KRW over five years with Renew Dental Group, which owns nine large dental clinics in the United States," and "Due to the impact of COVID-19 last year, actual performance contributions were limited," she analyzed.

The researcher added, "This year, delayed investments are expected to increase again, and additional supply contract achievements with other large dental networks are anticipated," and "Although competitors are expected to develop digital implant solutions in the future, considering Dio's brand recognition from market preemption, it is expected to maintain its competitive advantage."