The global dental service market is set to witness substantial growth over the next decade, with market value expected to rise from USD 381.62 billion in 2024 to an impressive USD 696.43 billion by 2034. This surge represents a robust compound annual growth rate (CAGR) of 6.2%, according to recent industry analysis by Future Market Insights.
The growth trajectory of the dental care service industry is driven by several key factors. Governments around the world are increasingly investing in healthcare services, recognizing the critical role that dental care plays in overall health and well-being. This heightened focus on dental services is further bolstered by the adoption of advanced technologies in dental treatment, which are improving the quality and accessibility of care.
One of the standout trends contributing to the market’s expansion is the rising popularity of smile makeover procedures. These treatments, aimed at enhancing the aesthetic appeal of a patient’s smile, are gaining traction globally. Leading providers in the industry are heavily investing in advertisements to raise consumer awareness about the benefits of these procedures, driving demand and market growth.
In addition to aesthetic procedures, the importance of maintaining optimal oral health has been underscored by initiatives such as American Heart Month, celebrated in February across the United States. This campaign has highlighted the strong link between oral health and heart health, particularly emphasizing how early treatment of periodontal disease can reduce the risk of cardiovascular diseases (CVD). Such initiatives are expected to significantly boost the demand for dental services as more individuals seek to improve their oral health to protect their heart.
Key players in the dental service market are also taking proactive steps to attract more patients. Strategies such as internet advertising and the organization of free health camps are being employed to increase patient footfall and enhance the visibility of their services.
As the global dental service market continues to evolve, stakeholders can anticipate a decade of innovation, increased access to care, and a greater emphasis on the integral role that dental health plays in overall well-being.
Key Takeaways from the Dental Service Market Report:
- The dental service market gained USD 93 million in 2019. In 2023, this valuation topped USD 361.63 million, expanding at a CAGR of 8.90%.
- By service, the periodontics service segment is projected to attain 23.40% of the market in 2024.
- Based on service providers, the dental clinics segment is anticipated to grab a market share of 53.60% in 2024.
- In North America, the United States is predicted to acquire a larger share and grow too at an accelerated pace of 6.50% through 2023.
- In Europe, Germany is expected to spearhead the regional market, with a growth rate of 5.80% over the forecast period.
- In Asia Pacific, China, India, and ASEAN countries are expected to find several investors in the years to follow, as more patients turn up from abroad to get their oral health restored.
Latest Developments in the Dental Service Market:
- Great Expressions Dental Centers (GEDC) announced in December 2021 that it has partnered with Amazing Dental Group, which is a patient-centered fast-growing Michigan-based Dental Services Organization with facilities in the greater Detroit area.
- National Dentex Labs, a United States-based renowned network of fully-owned dental labs, made public knowledge that it is acquiring Dental Services Group (“DSG”) in April 2021. The merged company is going to operate under National Dentex Labs.
Profiling of Leading Players in the Dental Service Market:
- Apollo White Dental
Apollo White Dental is India’s leading and highly trusted chain of dental centers. The center offers the best of both worlds, with best-in-class hospitality and personalized care. The health provider is counted as one of the most favored clinics across the globe due to its high-quality oral care and state-of-the-art technology.
- Dental Services Group
Dental Services Group, headquartered in the United States, is a chain of dental laboratories that presents products and services for group practices, institutes, and independent dentists. DSG has over 40 dental laboratories situated in Canada, the United States, and Mexico. Various service options offered by DSG include orthodontics, removable implants, and sleep dentistry products and services.
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Enlisted Below are Some Top Market Players:
- Apollo White Dental
- Dental Services Group
- Pacific Dental Services
- Great Expressions Dental Centers
- Gentle Dentistry, LLC
- Coast Dental Services, LLC
- Others
Market Segmentation of Dental Care Services:
By Service:
- Dental Implants
- Orthodontics
- Periodontics
- Root Canal – Endodontics
- Cosmetic Dentistry
- Laser Dentistry
- Dentures
- Oral and Maxillofacial Surgery
- Smile Makeover
By End User:
- Hospitals
- Dental Clinics
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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