SINGAPORE (Dec 4): Magdent, a portfolio company of The Trendlines Group, completed an investment of US$1.75 million ($2.36 million) from three angel investors.

Dental implants are increasingly used for teeth replacements.

However, the suitability of a dental implant candidate depend on bone quality, the length of the overall procedure and the final success rate of the implant. Poor bone quality is typically more acute in older candidates, who are also those with the greatest need for implants.

Magdent has developed a technology to address these issues by using electromagnetic fields to stimulate, accelerate and improve bone formation and quality, and to prevent bone infections, leading to faster, more successful dental implant procedures.

Currently Magdent markets its healing cap product in 22 countries worldwide.

Magdent’s latest investors include Ran Tuttnauer, an Israeli industrialist and former owner and CEO of the medical device company Tuttnauer, which was acquired in July by Fortissimo Capital for US$100 million.

Trendlines says the dental implants and prosthetics market is expected to grow at a CAGR of 7.2% between 2016 and 2021 to reach US$12.32 billion by 2021.

Market growth estimates are attributed to an increasing ageing population, growing demand for cosmetic dentistry, and the increase of periodontal diseases.

Shares in Trendlines closed at 15 cents on Monday.