Global Dental Services Industry is poised to experience a significant upswing, hitting around US$ 587 Billion by 2032 | FMI

Dental Services Industry
Dental Services Industry

Rapidly growing dental awareness campaigns have been observed as a trend that has recently gained significant traction in the global dental services industry. The value of the worldwide dental services market is projected to reach US$ 587 billion by 2032, growing 6.2% yearly. It is projected that connections between print and visual media would create significant growth potential for the dental services industry by stressing the importance of routine dental exams.

The prevalence of dental diseases is anticipated to rise, along with the population of seniors and the accessibility of a sophisticated healthcare system. The rising focus on the creation of dental vaccines that help with the prevention of dental problems has significantly restricted the market for dental treatments.

The market for dental treatments is expected to grow significantly as a result of the benefits that laser dentistry provides by eliminating the need for the use of surgical equipment. Dental clinics are anticipated to command the majority of the dental services market. It is projected that increasing insurance company and dental clinic mergers and collaborations will expand the market for dental care.

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Due to a sizable population and rising government initiatives, the market for dental services in emerging nations is predicted to increase favourably. The delivery model for dental services is anticipated to alter with the help of dental support associations, who are promoting the expansion of group or corporate practises.

Dental services are one of the healthcare sector’s fastest-growing markets. Dental care encompasses all aspects of the diagnosis, avoidance, and treatment of oral disease. Dentures, laser dentistry, cosmetic dentistry, oral surgery, dental implants, root canals, and endodontics are just a few of the dental procedures available. Dental caries, also referred to as tooth decay, and pyorrhea are two frequent conditions of the oral cavity that are expected to raise demand for dental services. Scaling and root planning, endodontic root canal therapy, tooth restoration, and tooth extraction or surgical removal of teeth are all examples of dental procedures.

In the U.S. around 90% of young population have dental caries, while out of all dentate adults almost 94% have evidence of coronal caries. According to Centers for Disease Control and Prevention (CDC) report 47.2% of the total population in the U.S. who are above 30 years suffers from periodontal disease.

Dental Services Market: Drivers and Restraints:

Rising number of people suffering from periodontal disease, growing private health insurance coverageis and escalating demand for cosmetic and elective dentistry are factors driving the growth of dental services market. Factors contributing in the growth of dental services market are increased proportion of sugar based medication and existing life style factors. Additionally, the increasing population in the Asia Pacific region is also the major factor to drive the growth of global dental services market. However, according to WHO, it was observed that the cases with dental caries are declining due to the number of public health measures and improved self-care practices in the developed countries. These are the major restraints for the dental services market.

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Dental Services Market: Overview

Increasing healthcare awareness among mass population along with rise in prevalence rate of oral cavity diseases expected to propel the overall demand for dental services worldwide. Increased focus on personal appearance and improvements in technology, materials, and methods are spurring demand for cosmetic and elective dental services. The market is expected to witness a healthy growth over the forecast period (2016-2026)

Dental Services Market: Region- wise Outlook

Depending on geographic regions, the global Dental services Market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa.

North America dominates the global market for dental services market due to high prevalence rate of dental caries, followed by Europe. According to WHO, 90% people are diagnosed with dental caries in North America. Asia & pacific regions is expected to record a healthy growth rate in a CAGR due to people adopting to smile makeover treatment.

Dental Services Market: Key Players

  • Apollo White Dental
  • Dental Services Group
  • Pacific Dental Services
  • Great Expressions Dental Centers
  • Gentle Dentistry, LLC
  • Coast Dental Services, LLC

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Dental Services Market: Segmentation:

Dental services market is segmented into following types

By Service:

  • Dental Implants
  • Orthodontics
  • Periodontics
  • Root Canal – Endodontics
  • Cosmetic Dentistry
  • Laser Dentistry
  • Dentures
  • Oral and Maxillofacial Surgery
  • Smile Makeover

End User:

  • Hospitals
  • Dental Clinics

Dental Services Market by Region:

  • North America Dental Services Market
  • Latin America Dental Services Market
  • Europe Dental Services Market
  • Asia Pacific Dental Services Market
  • Middle East and Africa Dental Services Market

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