Dental Services Market Size Expanding US$ 698.8 Billion by 2030

The global dental services market size is expanding over US$ 698.8 billion by 2030 from at US$ 371.4 billion in 2020, poised to grow at a CAGR of 6.4% from 2021 to 2030.

The dental services are provided by the dental professionals and offers prevention, treatment, and diagnosis of dental disorders. The increase in the prevalence of dental disorders like periodontal disease and dental caries among the population is fostering the growth of the dental services market. The rising awareness regarding the dentistry, increasing adoption of laser dentistry, growing demand for cosmetic dentistry among the youth, and technological advancements in dentistry are some of the prominent factors that drives the growth of the global dental services market.

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As per the FDI World Dental Federation, about 3.5 million people were having some kind of dental or oral diseases in 2015 around the globe. The untreated decay of permanent teeth is the most common oral condition. The rising dental tourism, growing demand for cosmetic dentistry, and rising awareness regarding oral health are several important growth drivers of the dental services market.

Report Highlights:

• On the basis of procedure type, the cosmetic dentistry is expected to exhibit highest CAGR during the forecast period. The rising awareness regarding the oral disorders among the huge youth population especially in the developing markets is expected to foster the growth of this segment. The young population are more concerned regarding their aesthetic appearances and hence the demand for cosmetic dentistry is growing among them.

• Based on service, the oral surgery was the dominating segment in the global dental services market in 2020. This growth is attributed to the increased demand for the general services like filings, crowns, dental exams, and root canals. The easy availability of the various common and general dentist services across the globe has fueled the growth of this segment.

• On the basis of end user, the dental clinics segment led the global dentals services market in 2020. The increased preferences for the dental clinics among the consumers to diagnose and treat various oral disorders is a major factor behind the growth of the segment. The dental clinics are the specialty clinics for oral diseases and they are equipped with technologically advanced tools that caters to the various dental diseases.

• North America was the leading dental services market in 2020. The increased consumer awareness regarding dental problems has fueled the demand for the dental services in North America. As per the US CDC, around 64.9% of adults 85.9% of children (aged 2 to 17 years) in US had a dental visit in 2018. Furthermore, the sufficient availability of dentists in US has contributed to the growth of the market. The high disposable income of the consumers, increased adoption of technologically advanced equipment, and high healthcare expenditure are some of the major factors that has propelled the growth of the North America dental services market.

• Africa is estimated to be the most lucrative and fastest-growing market during the forecast period. Africa is witnessing an increasing awareness regarding the oral diseases, rising disposable income, growing penetration of dental clinics, and rising adoption of advanced dental equipment. These are some of the major factors that are expected to foster the Africa dental services market in the forthcoming years.

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Future of Dental Services Market

The rising adoption of the advanced technologies such as digital X-Ray, apex locator, ultrasonic optic fiber cleaners, electronic hand piece, and optical magnification in the common dental therapy like root canal is expected to drive the market growth significantly during the forecast period. Moreover, the rapidly rising geriatric population across the globe is another significant factor that are anticipated to boost the demands for the dental implants in the foreseeable future. According to the World Health Organization, the geriatric population across the globe is expected to reach around 2 billion by 2050.

COVID-19 Impact Analysis:

• The COVID-19 negatively impacted the demand for the dental services. The focus was shifted to the COVID-19 and the following lockdown restrictions resulted in the cancellation of various non-urgent dental procedures.
• The stay at home orders resulted in the less dental visits, which adversely impacted the market growth.
• Only emergency dental services were allowed such as treatment of oral bleeding, tooth fractures, facial trauma, and painful caries during the pandemic.

Key Developments in the Marketplace:

• In April 2020, Pacific Dental Services, one of the leading dental support organization in the dental services market, launched TeleDentistry platform in US.
• In June 2020, Aspen Dental introduced a digital platform available in 41 states, which helped the patients to manage their dental visits.

Some of the prominent players in the dental services market include:

• Pacific Dental Services
• Apollo White Dental
• Dental Services Group
• Q & M Dental Group
• Abano Healthcare Group
• Coast Dental
• Axiss Dental
• Gentle Dental of New England
• Smile 360
• Healthway Medical Corporation

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