According to Report, the global dental services market garnered revenue around US$ 298 Billion in 2020 and to reach over US$ 530 Billion by 2027 and expanding growth at a CAGR of 6% from 2021 to 2027.
According to Report, the global dental services market garnered revenue around US$ 298 Billion in 2020 and to reach over US$ 530 Billion by 2027 and expanding growth at a CAGR of 6% from 2021 to 2027.
The diagnosis, prevention, and treatment of dental disorders are covered under dental services that are provided by dentists and dental professionals. Some of the key factors contributing to the market growth are the growing awareness of dentistry among people, the rising prevalence of dental caries and other periodontal diseases, technological developments in dentistry, and the high demand for cosmetic and laser dentistry. The ongoing COVID-19 pandemic has significantly impacted the dental care economy. As a result of the imposed strict social distancing guidelines, dental practices were closed in many countries.
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The marketing efforts to commercialize dental practices including education camps and online campaigns are contributing to the adoption of dental services. The rapid urbanization around the world, constant economic growth, and the rising disposable income of people have contributed to the relatively steady growth of the market. In addition, per capita consumption expenditure on healthcare services is likely to significantly increase in the coming years.
Dental treatments encapsulate a wide array of services that help several patients in improving their oral health. The fillings and cement are being used in various treatments. The ongoing popular trend of smile makeover procedures is gaining attention nowadays. Moreover, the technological developments in endodontics have helped in the adoption of root canal procedures. The invisible braces that help in reshaping and alignment of teeth are in high demand. Hence, the market for dental services is anticipated to witness significant growth over the forecast period due to the introduction of new improved technologies, including dental caps, dentures, and drills.
The recommendations from dentists have helped in driving the demand for various dental services. In addition, the shifting focus on marketing efforts to commercialize the practices involves free dental camps, online campaigns, and dental education programs. Moreover, several unmet needs and a wide service portfolio in the field of oral care have encouraged dental equipment manufacturers to invest in R&D activities to develop and capitalize on innovative technologies.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Dental Services market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Dental Services market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
| Report Scope | Details |
| Market Size By 2027 | USD 530 Billion |
| Growth Rate from 2021 to 2027 | CAGR of 6% |
| North America Market Share in 2020 | 46% |
| Fastest Growing Region | Asia Pacific |
| Companies Covered | Aspen Dental Management Inc.; InterDent, Inc.; National Health Service England; The British United Provident Association Limited; Apollo White Dental; Abano Healthcare Group Limited; Coast Dental; Dental Service Group; Axis Dental |
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Regional analysis:
In 2020, North America dominated the market with a revenue share of over 46.0% owing to factors including preventive approach towards oral care and hygiene, the presence of independent clinics, growing R&D activities in dentistry, and rising disposable income. The increasing government funding for dental programs is likely to contribute to the market growth. The U.S. federal funding for Medicare & Medicaid is expected to increase the demand for oral care services as patients are likely to pay less out-of-pocket expenses.
Asia Pacific is anticipated to witness the fastest growth from 2021 to 2027 due to the growing number of clinics, rising dental tourism, increasing R&D in manufacturing, and growing awareness about oral care. The majority of the dental practices in Asia Pacific are private. The healthcare infrastructure in Asia Pacific is expanding with advanced technology and equipment. Various companies and governments of countries, such as China and India, are introducing initiatives to spread awareness regarding dental care. For instance, in June 2021, My Dental Plan announced that it would add 4,000 more clinics, thereby expanding its reach to 252 cities by the end of 2021.
Dental Services Market Trends
Dental Support Organizations (DSOs)
The dental services industry is experiencing a change in its delivery model through dental service organizations or dental support organizations (DSOs) giving rise to more corporate or group practices. DSOs are independent business support centers that contract with dental services providers and provide critical business management and support to dental practices, including non-clinical operations . The DSOs are facilitating more in-house treatments such as orthodontics, endodontic and oral maxillofacial surgery instead of being referred to a separate specialist. Group practices provide improved funding for infrastructure, equipment and expenses associated with hiring specialists. In 2020, the American Dental Association Health Policy Institute indicated that 7.4% of all practicing US dentists are affiliated with DSOs.
Shift to Ceramics For Dental Restorations
Dental services providers are shifting from metal-based dental restorations to ceramics-based dental restorations. This is due to the improved aesthetics and performance characteristics of dental ceramics. The technological evolution of dental ceramics is supported by advanced imaging and material cutting techniques using CAD/CAM and laser processes, improving the flexural strength and toughness of the restorations. For instance, Ivoclar Vivadent’s IPS e.max® ZirCAD® Prime is made using Gradient Technology (GT) which uses powder conditioning to combine 3Y-TZP and 5Y-TZP oxide ceramic powders for enhances strength and esthetics.
Opportunities and Recommendations
Opportunities – The top opportunities in the dental services market segmented by type of service will arise in the general dentistry segment, which will gain $112.4 billion of global annual sales by 2025. The top opportunities in the dental services market segmented by type of procedure will arise in the non-cosmetic dentistry segment, which will gain $171.9 billion of global annual sales by 2025. The top opportunities in the dental services market segmented by end-user (gender) will arise in the female end-user segment, which will gain $102.7 billion of global annual sales by 2025. The dental services market size will gain the most in The USA at $42.9 billion.
The top opportunities in the general dentistry market segmented by type of service will arise in the restorative dentistry services segment, which will gain $45.6 billion of global annual sales by 2025. The top opportunities in the orthodontics and prosthodontics market segmented by type of service will arise in the orthodontics segment, which will gain $31.4 billion of global annual sales by 2025. The top opportunities in the oral surgery market segmented by type of service will arise in the dental implantation services segment, which will gain $7.1 billion of global annual sales by 2025.
Recommendations – To take advantage of these opportunities, The Business Research Company recommends the dental services companies to focus on practicing emotional dentistry, focus on laser dentistry, adopt teledentistry to tackle with COVID-19 provide, expanding activities to emerging markets to gain market share, offer bundled payment pricing and competitively priced services to attract the patients and focus on patient referral system advertising, SEO marketing strategies to reach targeted customer, among other strategies.
Key Players
Some of the prominent players in the Dental Services Market include: Aspen Dental Management Inc.; InterDent, Inc.; National Health Service England; The British United Provident Association Limited; Apollo White Dental; Abano Healthcare Group Limited; Coast Dental; Dental Service Group; Axis Dental
Market Segmentation
By Type
- Dental Implants
- Orthodontics
- Periodontics
- Endodontics
- Cosmetic Dentistry
- Laser Dentistry
- Dentures
- Oral & Maxillofacial Surgery
- Others
By End-use
- Hospitals
- Dental Clinics
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
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